Andrew Stolz

AUGUST 6, 2020

Absolute valuation is calculated through the discounted dividend model (DDM) method and discounted cash flow (DCF) method where you only focus on the stock and look at its dividends, cash flow, and growth. Often companies don’t pay dividends every quarter or every year hence making their payouts irregular. D0 = D1 ÷ (r – g).

Discounted Cash Flow 52

Discounted Cash Flow Dividends Price to Earnings Net Present Value 52

Musings on Markets

MAY 7, 2023

While differentiating between good and bad banks can be straightforward, it does not follow that buying good banks and selling bad banks is a good investment strategy, since its success depends entirely on what the market is incorporating into stock prices. Note the differences between the bank FCFE and bank dividend discount models.

Banking 63

Banking Price to Book Dividends Book Value 63

Musings on Markets

OCTOBER 12, 2023

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. If impact investing were measured entirely on fund flows into green energy companies and out of fossil fuel companies, it has clearly succeeded.

Market Capitalization 82

Market Capitalization Enterprise Value Start-ups Marketability 82

Benzinga

OCTOBER 22, 2023

per share in cash, with the total value of the common shares equaling approximately $2.1 This transaction represents an enterprise value of approximately $7.4 After 16 years of operating in the public equity markets, we are very excited to start this new chapter as a private company.

Enterprise Value 40

Enterprise Value Dividends Finance Equity 40

Benzinga

APRIL 21, 2024

billion 1 in enterprise value. The industrial logic and strategic rationale of bringing Quanex and Tyman together are clear and compelling, and we are confident in our ability to drive meaningful value creation for both Quanex and Tyman shareholders and enhanced market offerings for our customer base," Wilson concluded.

Banking 45

Banking Finance Enterprise Value Dividends 45

Benzinga

MAY 18, 2023

("Urstadt Biddle" or "UBP") (NYSE: UBA ) today announced that the two companies have entered into a definitive merger agreement (the "Agreement") by which Regency will acquire Urstadt Biddle in an all-stock transaction, valued at approximately $1.4 billion, including the assumption of debt and preferred stock.

Equity 40

Equity Enterprise Value Dividends Market Capitalization 40

Class VI Partner

JULY 28, 2021

Adjusted Net Book Value Adjusted Net Book Value is the Book Value of a business that has been adjusted to reflect the current market value of the assets and liabilities of a company. Asset Value Asset Value can refer to one of two things: the book value of a specific asset (i.e.,

Book Value 52

Book Value Equity Enterprise Value Fair Market Value 52

Benzinga

JULY 13, 2022

percent (1) premium per TransGlobe common share based on the companies' respective 30-day volume weighted average share prices as of market close on July 13, 2022. Under the terms of the Arrangement Agreement, VAALCO will acquire each TransGlobe share for 0.6727 of a VAALCO share of common stock, which represents a 24.9 percent and 45.5

Dividends 40

Dividends Net Debt Equity Enterprise Value 40

Musings on Markets

JANUARY 9, 2021

I spent the first week of 2021 in the same way that I have spent the first week of every year since 1995, collecting data on publicly traded companies and analyzing how they navigated the cross currents of the prior year, both in operating and market value terms.

Risk Premium 52

Risk Premium Market Capitalization Equity Start-ups 52

Brian DeChesare

JANUARY 19, 2022

FSG Investment Banking: What the Financial Sponsors Group Does The Financial Sponsors Group vs. the Financial Institutions Group The Financial Sponsors Group vs. Leveraged Finance vs. Debt Capital Markets Recruiting: Who Gets Into the Financial Sponsors Group? The Financial Sponsors Group vs. Leveraged Finance vs. Debt Capital Markets.

Private Equity Firm 72

Private Equity Firm Banking Equity Finance 72

Musings on Markets

JANUARY 6, 2023

Counter made-up numbers : It remains true that people (analysts, market experts, politicians) often make assertions based upon either incomplete or flawed data, or no data at all. Data universe : In my sample, I include all publicly traded firms with market capitalizations that exceed zero, traded anywhere in the world.

Risk Premium 52

Risk Premium Dividends EBITDA Start-ups 52

Benzinga

MARCH 27, 2024

million common shares as part of the Transaction, representing an equity value of approximately US$276 million on a fully diluted in-the-money basis, and an enterprise value of US$516 million. Alamos expects to issue approximately 20.3

Equity Financing 40

Equity Financing Enterprise Value Dividends Finance 40

Brian DeChesare

OCTOBER 12, 2022

The most common backgrounds for starting a private equity firm include: VPs or Principals at existing upper-middle-market (UMM) or mega-fund (MF) firms who are good at their jobs but disenchanted with the fund economics or promotion opportunities. And everyone would earn below-market compensation (e.g., Maybe ~2 VPs or Principals.

Private Equity Firm 59

Private Equity Firm Equity Start-ups Marketability 59

Equilest

MARCH 17, 2022

Strictly speaking, the result to be taken into account should be the free cash flow generated by the company, i.e. the cash flow actually available to a buyer to repay acquisition debt, through the distribution of dividends: this is the DCF method (for Discounted Cash-Flows), which is detailed below. RCAI, RN, CIF.

Business Valuation 40

Business Valuation EBIT EBITDA Discounted Cash Flow 40

Brian DeChesare

JUNE 1, 2022

Traditionally, the sector was viewed as a defensive play for investors who wanted stable dividends and no drama. But over time, trends like market liberalization, deregulation, the shift to renewables, and the ESG religion “movement” have shaken up a sleepy sector.

Banking 93

Banking Equity Book Value Capital Structure 93

Benzinga

AUGUST 30, 2022

The transaction values Newsight at US$215 million, which together with US$102.5 million cash in VSAC's trust account, assuming no redemptions in the business combination and the addition of proceeds of a possible financing of up to $40 million outlined below, results in a combined pro forma enterprise value of US$380 million.

Finance 40

Finance Technology Marketability Enterprise Value 40

Musings on Markets

FEBRUARY 4, 2023

The History The Adani Group, founded by Gautam Adani, started life as a commodity trading partnership business in Gujarat, and listed on stock markets in 1994, as Adani Exports, with a large chunk of its revenues coming from its operation of a local port in Mundra, with a subsequent entry into the edible oil business.

Start-ups 100

Start-ups Market Capitalization Marketability Equity 100

Musings on Markets

OCTOBER 25, 2022

It is never pleasant to be in the midst of a market correction, but a market correction does operate as a cleanser for excesses that enter into even the most disciplined investors' playbooks in the good times. It is the rare firm that follows a residual cash policy, returning its FCFE every year as dividends and/or buybacks.

Dividends 92

Dividends EBITDA Equity Start-ups 92