PYMNTS

AUGUST 10, 2018

Tax cuts and incitements (last month regulators advocated slashing interest rates for small and mid-sized firms) mean that spending activity is concentrated within China’s borders. Reuters noted Friday that “a glittery stock market run” may be in peril for some of these high-end retailers. Valuation is at risk, and valuations are high.

Valuation 40

Valuation Concentration Currencies Retail 40

CFO News Room

DECEMBER 5, 2022

As a result, the ‘traditional’ valuation of an advisory firm wasn’t really 2X revenue; it was 6-8X profits, and when advisory firms can run 25% to 30% profit margins, 7X profits at 28% margins came out to almost exactly 2X revenue. (In When it comes to technology firms, revenue valuation multiples are often much higher.

Planning 130

Planning Technology Valuation Communication 130

Barry Ritholtz

AUGUST 16, 2022

And now, some of the retailers are talking about easing Amazon and Walmart. TROPIN: I mean, you know, there were equity hedge funds that were pretty levered, that had pretty highly concentrated, you know, growth bets, and a lot of technology companies and so on. TROPIN: Well, I wouldn’t go so far as to say much cheaper valuation.

Profit and Loss 122

Profit and Loss Foreign Exchange Valuation Investments 122

Barry Ritholtz

FEBRUARY 6, 2024

And Tom has helped with the introduction of GMO’s first retail product, the quality ETF stock symbol Q-L-T-Y-G-M-O has been institutional since they launched in 1977. This is the first time they’re putting out a product for retail. GMO has released last quarter their first retail product an ETFI love the symbol QLTY.

Valuation 52

Valuation Investments Finance Math 52

PYMNTS

AUGUST 13, 2018

It’s tough slogging it out these days as an online retailer with a value proposition based purely on selling stuff cheap. And these young businesses — young as in less than a year old — have now raised capital based on multibillion-dollar valuations. Why wouldn’t he? billion.

Banking 44

Banking Transportation Investments Accounting 44

Barry Ritholtz

DECEMBER 6, 2022

And definitely, their retail market participation is significantly lower than you can see in the U.S. We have retail clients. I think, obviously, the ticker is very important, particularly for the self-directed retail client base. And I think that the financial advisors are used, but not as widely used as they are in the U.S.

Investments 64

Investments Marketing Numbers Risk Management 64

Barry Ritholtz

FEBRUARY 12, 2024

And since we’re looking for narratives as opposed, and then do valuation work second as opposed to cheap, we don’t screen. You’re outperforming, you’re, you’re putting up good numbers that’s on a concentrated portfolio and it’s 10, 15, 20 stocks are the drivers. Real really interesting.

Investments 117

Investments Marketing Numbers Entertainment 117

Musings on Markets

SEPTEMBER 9, 2024

In parallel, I also noted that investors have to change the way they value and price companies, to reflect where they are in the life cycle, and how different investment philosophies lead you to concentrated picks in different phases of the life cycle.

Valuation 134

Valuation Construction Manufacturing Marketing 134

PYMNTS

AUGUST 1, 2019

The round, which was led by General Atlantic, gives the San Francisco-based app a post-money valuation of $11.2 The San Francisco-based company utilizes a Pinterest-like interface that uses algorithms and Big Data to provide users with a customized retail experience. In 2014, the company was worth $400 million.

Valuation 46

Valuation Concentration eCommerce Retail 46

Barry Ritholtz

AUGUST 20, 2024

And so in the 1990s, I developed the, the late 1980s, early 1990s, I developed a skillset around valuation, in particular discounted cash flow or residual income type models, along with a couple of peers out of the consulting industry. It’s, it’s double concentrated risk. 00:18:19 [Speaker Changed] Right?

Concentration 69

Concentration Valuation Marketing Investments 69

CFO News Room

NOVEMBER 5, 2022

While private valuations have soared in recent years, public markets continue to be less kind to RIAs. In April, Charles Schwab introduced its Schwab Personalized Indexing platform, available to advisors and retail clients with a $100,000 account minimum. Enjoy the ‘light’ reading! Author: Adam Van Deusen. Team Kitces.

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Profit and Loss Investments Securities 130

Barry Ritholtz

SEPTEMBER 10, 2024

He has a very interesting approach to thinking about market valuations and strategies and when to deploy capital, when to go with the crowd, when to lean against the crowd, and has amassed and excellent track record. We have institutional clients, we have retail clients, we have, you know, pension funds, we have endowments.

Valuation 64

Valuation Investments Economics Marketing 64

Barry Ritholtz

DECEMBER 12, 2023

If you’ve got a undifferentiated, crappy retailer and you’re saying it’s going to have $5 of free cash flow in five years, and you’ve got Visa, MasterCard, most of the magnificent seven, and you say that’s $5, they’re not the same. ’cause bad things can happen to undifferentiated retailers.

Benchmarking 105

Benchmarking Concentration Investments Profit and Loss 105

Barry Ritholtz

APRIL 11, 2023

 The transcript from this week’s, MiB: Aswath Damodaran: Valuations, Narratives & Academia , is below. You’re known as the dean of valuation. He said, oh, dean of valuation, it’s easier to say. So let’s start with the question, what led you to focus on valuation? RITHOLTZ: Right. And I said, why?

Valuation 119

Valuation Education Finance Numbers 119

Barry Ritholtz

DECEMBER 14, 2022

So where are the warehouses closest to the densest population centers, those assets are in demand because of e-commerce, retailers wanting to get things to people in the same day or within a few hours even. MCCARTHY: — and really concentrated the business in those best markets, and then helped to grow. Cambridge U.K.,

Mergers and Acquisitions (M&A) 64

Mergers and Acquisitions (M&A) Investments Construction Concentration 64

Musings on Markets

FEBRUARY 4, 2023

Among Indian institutions, LIC is the largest holder with just over 4% of the shares, but the retail investor presence in this company is small, largely because of the low float, though the surge in the company's price in the last two years has drawn some traders to it.

Investments 100

Investments Valuation Auditing Restructuring 100

CFO News Room

FEBRUARY 5, 2023

Among Indian institutions, LIC is the largest holder with just over 4% of the shares, but the retail investor presence in this company is small, largely because of the low float, though the surge in the company’s price in the last two years has drawn some traders to it.

Marketing 130

Marketing Investments Auditing Profit and Loss 130

Musings on Markets

MARCH 15, 2025

In the last three decades, we have seen this process play out in industry after industry, from the retail business (with Amazon), the music business (with Apple iTunes first and Spotify later), the automobile business (with Tesla) and advertising (with Google and Facebook), to name just a few.

Investments 130

Investments Profit and Loss Valuation Economics 130

Barry Ritholtz

MARCH 26, 2024

00:20:00 And then I, I spent a lot of time both literally and figuratively on the road talking to our clients, both their retail clients as well as advisor services. You still get these, you know, cap driven concentration problems in the market like last year. It was concentrated on the good side of the economy manufacturing.

Investments 59

Investments Marketing Concentration Economics 59

Barry Ritholtz

DECEMBER 10, 2024

And they essentially take companies as varied as tire manufacturers and industrial producers and retailers, and find intelligent ways to use technology to make these companies more efficient, more productive, more profitable. These 10% are what’s driving the entire valuation. People aren’t wrong to say they are a winner.

Technology 52

Technology Manufacturing Investments Education 52

Barry Ritholtz

NOVEMBER 4, 2024

But I think the reality is right now, we just have an overhang from, I certainly in my world, I can speak to healthcare and FinTech, a number of companies going public and then disappointing or valuation just being excessive compared to the maturity of the businesses. He ran the retail investing and was a brilliant investor.

Healthcare 52

Healthcare Investments Numbers Marketing 52