Valutico

MAY 19, 2025

EV typically includes Market Capitalization, Debt, Minority Interest, and Preferred Equity, minus Cash & Cash Equivalents. A primary advantage is providing a “debt-neutral” valuation, making comparisons easier between companies with different capital structures.

EBITDA 52

EBITDA Enterprise Value Capital Structure EBIT 52

Valutico

SEPTEMBER 22, 2023

The income-based approach determines a company’s value by assessing its anticipated future income-generating potential, employing methodologies such as Discounted Cash Flow (DCF) Analysis, Capitalization of Earnings, the Income Multiplier Method, Dividend Discount Model (DDM), and Earnings-Based Valuation.

Discounted Cash Flow 52

Discounted Cash Flow Intangible Assets Book Value Asset-based Approach 52

Equilest

MARCH 28, 2025

How does negative equity affect dividends? Can a company still raise capital with negative equity? This pivotal metric is typically calculated by summing the market capitalization and net debt of the organization. Is negative equity value common in startups? What are some famous companies that had negative equity?

Equity 40

Equity Net Debt Enterprise Value Capital Structure 40

Musings on Markets

OCTOBER 25, 2022

An intuitive reading of the FCFE is that it is cash available to be returned to equity investors, either in the form of dividends or as cash buybacks. It is the rare firm that follows a residual cash policy, returning its FCFE every year as dividends and/or buybacks.

Dividends 108

Dividends EBITDA Equity Start-ups 108

Reynolds Holding

APRIL 24, 2025

A second area of inquiry concerns dividend policy. The findings support the hypothesis that firms with loyalty shares tend to pay a smaller proportion of their earnings as dividends. The model, trained on multiple financial and structural variables, identifies Tobins Q , total assets , and share price as the strongest predictors.

Dividends 49

Dividends Intangible Assets Marketability Market Capitalization 49