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Data Update 1 for 2023: Setting the table!

Musings on Markets

Thus, without a sense of what comprises a high or low profit margin for a firm, or what the cost of capital is for the typical company, it is easy to create "fairy tale" valuations and analyses. I do report on a few market-wide data items especially on risk premiums for both equity and debt. EV/EBIT and EV/EBITDA 4.

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Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

Beta & Risk 1. Equity Risk Premiums 2. Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3. EBIT & EBITDA multiple s 5. Return on Equity 1. Debt Ratios & Fundamentals 1. Debt Details 1. Dividends and Potential Dividends (FCFE) 1. Buybacks 2. Return on (invested) capital 2.