Equilest

MARCH 17, 2022

They give a vision of the company, which must be supplemented by other approaches to address the "true" price, which will result from the negotiation, i.e., the amount accepted by the assignor and financed by the buyer. . . Net Operating Surplus Multiples (ENE or EBIT). What multiples on results should be taken into account?

Business Valuation 40

Business Valuation EBIT EBITDA Discounted Cash Flow 40

Valutico

FEBRUARY 8, 2023

Visa’s five-year share price chart is shown below: Source: Yahoo Finance, [link] Valutico Analysis We analyzed Visa Inc. The Trading Comparables analysis resulted in a valuation range of $257 billion to $296 billion by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Equity EBITDA 52

Valutico

APRIL 24, 2023

Five-year share price chart is shown below: Source: Yahoo Finance, [link] Valutico Analysis We analyzed KHC by using the Discounted Cash Flow method, specifically our DCF WACC approach, as well as a Trading Comparables analysis. billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. billion to USD 74.5

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Valutico

APRIL 24, 2023

Five-year share price chart is shown below: Source: Yahoo Finance, [link] Valutico Analysis We analyzed KHC by using the Discounted Cash Flow method, specifically our DCF WACC approach, as well as a Trading Comparables analysis. billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. billion to USD 74.5

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Valutico

DECEMBER 6, 2022

Salesforce’s five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of $81 to $158 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis. The Discounted Cash Flow analysis produced a value of $99.5

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

DECEMBER 6, 2022

Salesforce’s five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of $81 to $158 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis. The Discounted Cash Flow analysis produced a value of $99.5

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

MARCH 9, 2023

LVMH’s five-year share price chart is shown below: Source: Yahoo Finance, [link] Valutico Analysis We analyzed LVMH Moët Hennessy – Louis Vuitton by using the Discounted Cash Flow method, specifically our DCF WACC approach, as well as a Trading Comparables analysis.

Discounted Cash Flow 52

Discounted Cash Flow Marketability EBIT Market Capitalization 52

Valutico

FEBRUARY 21, 2023

Alphabet’s five-year share price chart is shown below: Source: Yahoo Finance, [link] Valutico Analysis We analyzed Alphabet Inc. The Trading Comparables analysis resulted in a valuation range of $1,517 billion to $2,344 billion by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E.

Discounted Cash Flow 52

Discounted Cash Flow Technology EBIT Market Capitalization 52

Valutico

FEBRUARY 1, 2023

Boeing’s five-year share price chart is shown below: Source: Yahoo Finance, [link] Valutico Analysis We analyzed The Boeing Company by using the Discounted Cash Flow method, specifically our Simplified DCF WACC approach, as well as a Trading Comparables analysis. The DCF analysis produced a value of $93.5 billion using a WACC of 8.8%.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JANUARY 9, 2023

Starbucks’ five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of $83 billion to $118 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis. The Discounted Cash Flow analysis produced a value of $68.6

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JANUARY 9, 2023

Starbucks’ five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of $83 billion to $118 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis. The Discounted Cash Flow analysis produced a value of $68.6

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

MAY 18, 2023

During the Q1 conference call, the company emphasized how AI could boost productivity and reduce costs for enterprises and highlighted the company’s deployment of AI at scale in areas such as HR, finance, and end-to-end processes to speed up task completion and support margin expansion. billion, up 0.4% and up 4.4% at constant currency.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Dividends EBITDA 52

Valutico

MARCH 1, 2023

BP’s five-year share price chart is shown below: Source: Yahoo Finance, [link] Valutico Analysis We analyzed BP p.l.c. The Trading Comparables analysis resulted in a valuation range of GBP 98 (USD 199) billion to GBP 137 (USD 166) billion by applying the observed trading multiples EV/EBITDA, EV/EBIT, P/E and P/B.

Discounted Cash Flow 52

Discounted Cash Flow Net Debt EBIT Equity 52

Valutico

JANUARY 5, 2023

Tencent’s five-year share price chart is shown below: Source: Yahoo Finance, [link]. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis. The Trading Comparables analysis resulted in a valuation range of HKD 1,752 (USD 221.5)

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

JANUARY 5, 2023

Tencent’s five-year share price chart is shown below: Source: Yahoo Finance, [link]. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis. The Trading Comparables analysis resulted in a valuation range of HKD 1,752 (USD 221.5)

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

JANUARY 5, 2023

Tencent’s five-year share price chart is shown below: Source: Yahoo Finance, [link]. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis. The Trading Comparables analysis resulted in a valuation range of HKD 1,752 (USD 221.5)

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

DECEMBER 19, 2022

Anheuser-Busch’s five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of €98 to €222 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

DECEMBER 19, 2022

Anheuser-Busch’s five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of €98 to €222 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

SEPTEMBER 22, 2023

This method is common in industries where valuations are commonly expressed as a multiple of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) or Earnings Before Interest and Taxes (EBIT). A lower EV/EBIT ratio indicates a potentially better value for investors.

Intangible Assets 52

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

Equilest

NOVEMBER 25, 2023

Introduction In the fiercely competitive landscape of finance, succeeding in a valuation interview requires a unique blend of knowledge, confidence, and strategic preparation. These interviews are not just a mere formality but a critical component of the hiring process in finance, investment banking, and consulting.

Discounted Cash Flow 52

Discounted Cash Flow Dividends Enterprise Value Terminal Value 52

ThomsonReuters

MARCH 9, 2023

Second, the limitation on business net interest deduction is reduced to 30% of earnings before interest and taxes (EBIT) instead of earnings before interest, taxes, depreciation, and amortization (EBITDA). First, businesses are required to amortize research and development expenses over a five-year period.

EBIT 59

EBIT EBITDA Technology Compliance 59

Musings on Markets

JANUARY 5, 2024

I have also developed a practice in the last decade of spending much of January exploring what the data tells us, and does not tell us, about the investing, financing and dividend choices that companies made during the most recent year. Financing Flows 5. EBIT & EBITDA multiple s 5. Aggregate operating numbers 3.

Dividends 98

Dividends Risk Premium Equity Book Value 98

Musings on Markets

JANUARY 6, 2023

Check rules of thumb : Investing and corporate finance are full of rules of thumb, many of long standing. The second is that in my line of work, which is corporate finance and valuation, the numbers I need lie in micro or company-level data, not in the macro space. EV/EBIT and EV/EBITDA 4. Cost of Equity 1. PE & PEG 2.

Risk Premium 52

Risk Premium Dividends EBITDA Start-ups 52

Valutico

NOVEMBER 21, 2022

The Home Depot five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of $202 billion to $231 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

NOVEMBER 21, 2022

The Home Depot five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of $202 billion to $231 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Valutico Analysis.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Benzinga

JULY 26, 2023

The Transaction provides diversification with no single end market contributing more than approximately a third of adjusted EBIT. The Transaction is fully funded by bank secured & vendor provided debt financing.

EBIT 40

EBIT Debt Financing Book Value Finance 40

FE International

DECEMBER 31, 2021

That is, were the companies in those transactions valued as a multiple of EBIT , EBITDA , revenue, or some other parameter? Debt-financed investors. With the comparable transactions method, you are looking for comparable metrics, usually multiples of earnings or revenue.

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Business Valuation Precedent Transaction Analysis Start-ups 52

Erik A. Lopez

SEPTEMBER 23, 2015

In particular, IBP’s past performance revealed strong swings in annual EBIT and net earnings. The court then ruled that Hexion was obligated to consummate the acquisition, a transaction for which financing was no longer available. Thus, all considered, no MAE had occurred.

Net Debt 52

Net Debt EBIT Marketability Specific Risk 52

Valutico

DECEMBER 27, 2022

Oracle’s five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of $174 billion to $391 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. This represents an annual return of 15.6% Valutico Analysis.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

DECEMBER 27, 2022

Oracle’s five-year share price chart is shown below: Source: Yahoo Finance, [link]. The Trading Comparables analysis resulted in a valuation range of $174 billion to $391 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. This represents an annual return of 15.6% Valutico Analysis.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Musings on Markets

OCTOBER 25, 2022

Free cash flow is one of the most dangerous terms in finance, and I am astonished by how it can be bent to mean whatever investors or managers want it to, and used to advance their sales pitches. Thus, we start with operating income or earnings before interest and taxes (EBIT) replacing net income. (I

Dividends 92

Dividends EBITDA Equity Start-ups 92