IVSC

MAY 12, 2023

please provide details) Academic Advisor Analyst (please specify, eg, data analyst) Asset Manager Banker Consultant Data Provider Fund Manager Government Employee Investor Rating Agency Regulator Researcher Service Provider Specialist Valuer Other Please provide any further, relevant details (optional): What areas of valuation do you focus on?

Compliance 100

Compliance Intangible Assets Business Valuation Marketability 100

Value Scope

JULY 21, 2020

It was a hot topic before the COVID pandemic, in discussions to measure and value how companies engaged in sustainable and societally beneficial activities. It will return as a topic across the business, regulatory, and investment communities again soon. What does this really mean? What about stock price? These are fair questions.

Intangible Assets 130

Intangible Assets Beta Alpha Unlevered Beta 130

Brian DeChesare

DECEMBER 21, 2022

But let’s start with my favorite topic: “ranking” banks, schools, and maybe a TV series or three. Interest rates and inflation are up, and deals and bank hiring are way down. I don’t think PE firms will “fire” many Associates or Analysts , but hiring for new Associates will probably be down for a while.

Banking 80

Banking Start-ups Finance EBITDA 80

Reynolds Holding

FEBRUARY 8, 2023

In a new paper , we report the results of interviews on this topic with 29 chief audit executives (CAEs) from U.S. For example, do all board members rate themselves with perfect scores in all evaluations? Do board members always rate the CEO’s performance as exceeding expectations, with no opportunities for improvement?

Compliance 124

Compliance Technology 124

Musings on Markets

FEBRUARY 10, 2021

What is a hurdle rate for a business? In this post, I will start by looking at the role that hurdle rates play in running a business, with the consequences of setting them too high or too low, and then look at the fundamentals that should cause hurdle rates to vary across companies. What is a hurdle rate?

Risk-free Rate 52

Risk-free Rate Risk Premium Start-ups Equity 52

Valutico

FEBRUARY 8, 2022

We have received many questions from our clients and partners on this topic in recent months. COVID-19 created a high degree of uncertainty in many aspects of business and daily life, which generally means a higher discount rate is required in a DCF analysis. Monthly Blogpost – Valutico | January 2022. If a company (e.g.,

Business Valuation 40

Business Valuation Marketability 40

Appraiser Newsroom

JULY 5, 2022

Dr. Henry has over 20 years of diverse experience in the fields of business economics, consulting/advisory services, interest rate and market risk modeling, and government affairs. Mr. Saari is a frequent author and speaker on valuation, litigation advisory, business management and other financial topics.

Business Valuation 40

Business Valuation Intangible Assets Appraisal Finance 40

Brian DeChesare

APRIL 6, 2022

What Do You Do as an Analyst or Associate in Consumer Retail Investment Banking? Income and Employment – Higher disposable income normally means higher consumer spending, which helps discretionary firms but makes less impact on staples (the same goes for the unemployment rate and wage growth).

Banking 96

Banking Start-ups Equity Marketability 96

Equilest

JANUARY 3, 2023

Next, we need to estimate the risk-free rate and the risk premium for each risk factor. Let's say the risk-free rate is 3%, the risk premium for market risk is 5%, the risk premium for industry risk is 4%, and the risk premium for country risk is 2%. x 5%) + (0.2 x 4%) + (0.1 x 2%) = 8% So the expected return on Stock A is 8%.

Risk Premium 40

Risk Premium Risk-free Rate Market Risk Finance 40

Equilest

FEBRUARY 11, 2023

For example, a company that regularly updates its customer list and uses it for targeted marketing efforts can see a 30% increase in conversion rates compared to a company that does not have a customer list. In the next stage, one can estimate the future growth rate by considering customer-related intangible assets.

Intangible Assets 40

Intangible Assets Business Valuation Marketability Start-ups 40

Brian DeChesare

FEBRUARY 28, 2024

For the right person, though, fixed income research can be even better than equity research, whether you’re at a bank, an asset management firm, a hedge fund, or a credit rating agency: Table of Contents: What is Fixed Income Research? a credit rating vs. an investment recommendation). Due to the age and the fact that J.C.

Equity 59

Equity Banking Start-ups Finance 59

Reynolds Holding

JULY 23, 2023

Equity shareholders, buy-side and sell-side analysts, debtholders, and other capital market participants view the calls as informative beyond the contemporaneous earnings announcements. The three most frequent topics addressed are revenues, segment reporting, and non-GAAP/KPIs.

Compliance 52

Compliance Corporate Finance Marketability Finance 52

Equilest

MAY 24, 2023

To delve deeper into the topic of financial projections in business valuation and gain a comprehensive understanding of their significance, benefits, and challenges, continue reading this informative article. Financial projections play a crucial role in the valuation of businesses.

Business Valuation 40

Business Valuation Discounted Cash Flow Comparable Company Analysis Net Present Value 40

Brian DeChesare

AUGUST 16, 2023

I could stop this article here at ~50 words, but sometimes it’s fun to indulge in a fantasy, so I’ll continue with the topic and cover: Deal types , investment strategies, and top firms. poor stock-market performance, slowing growth rates, and an aging population. This may change due to factors like the “decoupling” with the U.S.,

Equity 70

Equity Banking Start-ups Private Equity Firm 70

Musings on Markets

DECEMBER 21, 2022

In a world where specialization is the norm, this does put me at a bit of a disadvantage, since there are many who know a great deal more about almost any topic that I choose to talk about, but I do think that it gives me a big-picture perspective that helps me find answers.

Corporate Finance 89

Corporate Finance Finance Start-ups Marketability 89

Brian DeChesare

FEBRUARY 16, 2022

Also, there are still misconceptions about the financial modeling in the group, the hours, the exit opportunities, and other topics, so this updated article will address all of those: Definitions: What is Public Finance Investment Banking? What Do You Do as an Analyst or Associate in Public Finance Investment Banking? The Greeks?

Finance 65

Finance Banking Equity Marketability 65

ThomsonReuters

NOVEMBER 11, 2020

The first and most important topic to address is going concern and liquidity. discounted cash flows, loss rate, roll rate, or probability of default). Because revenue recognition is the top line of the income statement, it’s the first thing analysts look at. Going concern and liquidity. Revenue recognition.

Discounted Cash Flow 52

Discounted Cash Flow Technology Dividends Market Capitalization 52

Musings on Markets

SEPTEMBER 14, 2021

In the year since, I have heard from many on the topic, and while there are some who agreed with me on the internal inconsistencies in its arguments, there were quite a few who disagreed with me. To meet this demand, services have popped up around the world, claiming to measure ESG with scores and ratings.

Start-ups 99

Start-ups Marketability Firm Value 99

Value Scope

JANUARY 13, 2021

The oral arguments made last September really pointed out how so many previous decisions on these topics conflict and/or leave open significant issues. Intrinsic Value” is what equity research analysts use when they look at public stocks and bonds. (I know, the Supreme Court is not going to give us the answer to this question!).

Fair Market Value 130

Fair Market Value Discounted Cash Flow Treasury Marketability 130

Musings on Markets

JANUARY 12, 2021

For a class to resonate and be remembered, it has to be more than a collection of topics, and with each of my classes there is a core narrative that animates and connects the class sessions. Discount rates in intrinsic valaution have to change to reflect current market conditions, and can be expected to change over time. What I teach.

Corporate Finance 52

Corporate Finance Start-ups Finance Marketability 52

Appraiser Newsroom

JULY 9, 2023

Prior to joining PwC, Marina worked as an Associate Director at Fitch ratings. He is also a nationally recognized presenter and author on these topics. Stephanie regularly speaks nationwide on topics related to gift and estate tax matters. Josh Schaeffer, Ph.D , is Managing Director at Equity Methods.

Intangible Assets 40

Intangible Assets Business Valuation Appraisal Finance 40

Value Scope

JANUARY 13, 2021

The oral arguments made last September really pointed out how so many previous decisions on these topics conflict and/or leave open significant issues. Intrinsic Value” is what equity research analysts use when they look at public stocks and bonds. (I know, the Supreme Court is not going to give us the answer to this question!)

Fair Market Value 100

Fair Market Value Discounted Cash Flow Treasury Marketability 100

Musings on Markets

DECEMBER 15, 2021

Second, I learned there is some learning that is better delivered online, than in a physical setting, and I believe that there are some topics that I will continue to deliver online, even after this virus passes on. The place to start is with accounting.

Corporate Finance 56

Corporate Finance Finance Start-ups Technology 56

Brian DeChesare

AUGUST 10, 2022

You do not need to be an “expert” in the technical details of oil & gas, but you should know the following topics: The different verticals and how the business models, drivers, and risk factors differ. What Does an Analyst or Associate in Oil & Gas Investment Banking Do? have declined). Refining & Marketing or Downstream.

Banking 82

Banking EBITDA Dividends Equity 82

Reynolds Holding

JANUARY 31, 2024

Plaintiffs instead are targeting companies that allegedly have failed to anticipate supply chain disruptions, persistent inflation, rising interest rates and other macroeconomic headwinds. Two recent Ninth Circuit decisions have brought this topic into sharper view. In In re: Facebook Inc. Litig. , 977 F.3d 3d 781, 794 (9th Cir.

Start-ups 45

Start-ups Technology Marketability Banking 45

Equilest

MAY 27, 2023

To delve deeper into the topic of evaluating inventory's impact on business valuation and to gain valuable insights into efficient inventory management strategies - keep reading this blog post. The frequency of inventory audits depends on the nature of the business and its inventory turnover rate.

Business Valuation 40

Business Valuation Intangible Assets Technology Data Analysis 40

Brian DeChesare

AUGUST 24, 2022

Ideally, you would have spoken with these bankers on the phone first to get better response rates. For example, if you’ve already spoken with 20+ bankers in one city over the past few months, you should get a decent response rate if you email them to let them know about your trip and ask about meeting up.

Banking 87

Banking Start-ups 87

IVSC

FEBRUARY 7, 2022

Jeremy Stuber is a global equity analyst at Newton Investment Management , leading on valuation and accounting issues across all sectors. I recently took part in an interesting IVSC panel discussion on the topic ‘ Time to get Tangible about Intangibles ’. Comment: The importance of (and challenges with) valuing intangibles.

Discounted Cash Flow 252

Discounted Cash Flow Intangible Assets Marketability Price to Book 252

IVSC

NOVEMBER 30, 2022

Out of college, I served as an analyst at Arthur Andersen (now Accenture) where I learned the exciting art of modeling for the investment side. When it comes to our events, we select industry experts on topics of interest in finance and fintech, and our industry experts are women.

Start-ups 130

Start-ups Marketability Finance Banking 130

Musings on Markets

OCTOBER 6, 2023

The resulting debate among accountants about how to bring intangibles on to the books has spilled over into valuation practice, and many appraisers and analysts are wrongly, in my view, letting the accounting debate affect how they value companies.

Intangible Assets 104

Intangible Assets Book Value Equity Start-ups 104

Reynolds Holding

APRIL 28, 2022

So today’s topic is particularly apt. 2021-09); Eric Ver Ploeg, Tech SPAC Redemption Rates (Jan. 11, 2022) (concluding that an attractively priced transaction, followed up with a well-managed analyst and investor outreach program, has a high probability of achieving a low redemption rate). [12] ENDNOTES. [1] 14, 2021). [2]

Marketability 56

Marketability Equity Alpha Capital Structure 56

Musings on Markets

JULY 14, 2021

More importantly, stopping companies from making these forecasts does not block others (analysts, market experts, sales people), often less scrupulous and less informed than the companies, from making their own forecasts. Of course, but investors know that already and can make their own corrections to these forecasts.

Start-ups 52

Start-ups Marketability 52

Brian DeChesare

MAY 17, 2023

Loose Monetary and Fiscal Policy – Zero and negative interest rates and massive money printing tend to inflate valuations the most for high-risk, high-growth companies. revenue multiple: And this was not a high-growth business: historical growth rates were in the 15 – 25% range (solid but unremarkable for tech).

Equity 64

Equity Technology Private Equity Firm Start-ups 64

IVSC

OCTOBER 21, 2023

Nygard oversees a staff of appraisers and real estate analysts who review and perform Market Value Appraisals worldwide as well as conduct various analyses including Lease – Purchase, Lease vs. Buy and Fair Market Rent Analyses. Embassy and Consulate facilities and other real estate worldwide.

Appraisal 246

Appraisal Marketability Technology Start-ups 246

Chris Mercer

FEBRUARY 14, 2024

Mercer’s Musings #1 addressed the topic of compliance with USPAP and the Internal Revenue Service. Looking at the valuation characteristics of the Companies : Company A and Company B have identical discount rates and long-term growth rates (and cap rates and price/earnings multiples).

Marketability 52

Marketability Dividends Appraisal Business Valuation 52

Musings on Markets

JULY 22, 2021

Zomato has grown at exponential rates for much of the last decade, with a surge in the number of cities that it serves in India, especially in the last few years, from 38 in 2017 to 63 in 2018 to more than 500 in 2021, extending its reach into smaller urban settings.

Marketability 86

Marketability Start-ups Equity Price to Book 86

Reynolds Holding

JULY 27, 2022

I would like to address three topics: first, I will touch on three areas of particular interest to our Division; second, I’ll mention two specific developments confronting the investment management industry in the coming months; and, third, I’ll focus on one of our largest projects and a topic of recurring interest, money market funds. * * *.

Banking 45

Banking Marketability Finance Corporate Finance 45