The Finance Weekly

OCTOBER 29, 2024

Business Valuation - Determining the value of assets or entire companies. Next, use an appropriate valuation method for each division to estimate their individual worth. This involves dividing future cash flows by (1 + discount rate) raised to the number of years in the future.

Financial Modeling 52

Financial Modeling Mergers and Acquisitions (M&A) Budgeting Forecasting 52

PYMNTS

SEPTEMBER 13, 2019

Northmill said it had a “constructive dialogue” with the SFSA, and that banking services like payment transfers, saving accounts and cards will all be added “in the near future.”. There is a number of cloud-operated FinTechs offering the same services as Northmill. N26, which started in 2013, has a valuation of €2.38

Banking 62

Banking Valuation Construction Accounting 62

PYMNTS

JUNE 16, 2019

In addition, Slack Technologies is expected to hit a valuation of more than $18 billion when it goes public this week, which is more than double its private valuation last year. Despite the success, however, there has still been a historic decline in the number of U.S. online pet-supply retailer Chewy Inc. Salesforce.com Inc.

Valuation 40

Valuation Construction Technology Retail 40

Musings on Markets

JULY 22, 2021

Zomato, an Indian online food-delivery company, was opened up to public market investors on July 14, 2021, and its market debut is being watched for clues by a number of other online ventures in India, waiting in the wings to go public.

Marketing 89

Marketing Valuation Profit and Loss Advertising 89

Musings on Markets

AUGUST 5, 2023

Adding to the confusion are the proliferation of very different numbers that you may have seen attached to the current equity risk premium, each usually quoting an expert in the field, but providing little context.

Treasury 81

Treasury Valuation Investments Corporate Finance 81

CFO News Room

NOVEMBER 17, 2022

Property management: This covers marketing, tenant relations, repairs, maintenance, and construction management. Remember to obtain an accurate valuation of your home before you list. Property inspection and valuation: This includes the title report and an insurance quote so that you know exactly what you’re signing up for. .

Investments 130

Investments Valuation Finance Construction 130

PYMNTS

JANUARY 27, 2017

that most demonstrates the problem of late payments, it’s the construction sector. Late B2B payments in this space have been so troublesome, in fact, that legislators introduced the Construction Act several years ago to address the issue. If there’s one industry in the U.K.

B2B 44

B2B Construction Reconciliations Valuation 44

Future CFO

AUGUST 5, 2020

In addition, overseas engineering, procurement and construction (EPC) continue to develop steadily, said EY. billion, with a number of big projects signed; EPC turnover was US$60.6 The total value of newly-signed EPC contracts increased by 1.2% YOY to US$107.2 billion, down 13.8% YOY, the firm added.

Mergers and Acquisitions (M&A) 40

Mergers and Acquisitions (M&A) Investments Construction Valuation 40

Barry Ritholtz

OCTOBER 21, 2024

And so there was a number of less liquid markets that made for quite wide spreads. And so there was certainly a number of different movements, but there was certainly downside of these things. And you know, I think ultimately there was a number of opportunities that came out. And so we have a number of business lines.

Investments 58

Investments Numbers Marketing Leverage 58

CFO Simplified

FEBRUARY 6, 2022

How do the numbers hold up over time? Determine how your numbers hold up. Prepping for a sale requires a deep understanding of your company’s numbers. Forbes outlines five reasons advisor succession plans fail: Unrealistic expectations for a business valuation. Who will you entrust to achieve them after you exit?

Planning 52

Planning CFO Leadership Communication 52

Barry Ritholtz

AUGUST 29, 2023

And it worked out and had multiple job offers coming out of school from a number of different insurance companies. I had a number of relationships that I built up and had another job lined up in New York City. We help them in terms of identifying and creating the parameters around how that index should be constructed.

Investments 52

Investments Benchmarking Valuation Construction 52

PYMNTS

JUNE 13, 2019

The vehicle reportedly employs artificial technology that enables it to “drive autonomously for long distances on highways without maps and ‘on the fly’ to plot its course and navigate construction zones.”. The company has raised $77 million to date and had a valuation of $200 million in 2017, noted the report.

Construction 49

Construction Valuation Technology Marketing 49

PYMNTS

JUNE 13, 2018

The latest round was led by General Atlantic and Access Technology Ventures, as well as home construction company Lennar Corporation. venture capital firms are opening up their metaphorical checkbooks in greater numbers. Investors Andreessen Horowitz, NEA and Norwest Venture Partners are all joining the round.

Startups 43

Startups Investments Construction Valuation 43

PYMNTS

AUGUST 4, 2016

A year that has been a turbulent one – Jet.com had to reset its business model away from memberships early on and its valuation got a quick resetting from a targeted $2 billion to the $1.34 billion valuation eventually settled on in November of last year. eCommerce that Jet.com entered the field to disrupt. billion in 2010.

Valuation 40

Valuation eCommerce Retail Construction 40

Barry Ritholtz

JULY 24, 2023

The fact that you’ve got declining risk appetite, declines are prolonged, deep and valuations mean revert. The second, and what’s interesting about that period, is the fact that valuations actually peaked in 1961. MIAN: Valuations are ebb and flow. But number two is from a demographic standpoint.

Marketing 52

Marketing Construction Valuation Investments 52

PYMNTS

NOVEMBER 23, 2017

By the numbers , foreign firms will be able to own as much as 51 percent of domestic securities firms (including those in the fund and futures markets) operating in China, bumping the 49 percent cap up by two points. With such low numbers, one might argue that the banks have nowhere to go but up. trillion at 2014’s end.

Marketing 51

Marketing Banking Investments Construction 51

Barry Ritholtz

DECEMBER 19, 2023

They run long short across each of these, and they’ve put up some pretty impressive numbers over the past couple of years. And when they look at a sector, they want to be long, the very best stocks at the best valuations they can, and short the worst stocks at the worst valuations. It’s beta neutral, market neutral.

Healthcare 63

Healthcare Investments Construction Concentration 63

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. 00:04:02 That’s what value add software was originally. That’s really bad.

Concentration 68

Concentration Valuation Marketing Investments 68

CFO News Room

NOVEMBER 5, 2022

In the third and final post, I will argue that Facebook’s troubles with the market have as much to do with a failure of narrative, as they are about disappointing numbers, and present a template for what the company needs to do, to reclaim the high ground.

Marketing 130

Marketing Advertising Profit and Loss Investments 130

Musings on Markets

MARCH 25, 2021

for the year are at war with its concurrent promise to keep rates low; after all, adding those numbers up yields a intrinsic risk free rate of 8.7%. While I understand that much of the real growth in 2021 is a bounce back from 2020, even using a 2-3% real growth yields risk free rates that are much, much higher than today's numbers.

Investments 52

Investments Treasury Economics Valuation 52

Barry Ritholtz

OCTOBER 17, 2023

Graham Foster] : 00:02:54 That was a number, that was number theory, pure number theory. And whether it’s all numbers or even numbers. Some people look at a casino as entertainment and hey, we’re gonna spend X dollars, pick a number, 500, 2000, whatever it is. Number one, longevity.

Investments 52

Investments Valuation Math Numbers 52

Musings on Markets

NOVEMBER 4, 2022

In the third and final post, I will argue that Facebook's troubles with the market have as much to do with a failure of narrative, as they are about disappointing numbers, and present a template for what the company needs to do, to reclaim the high ground.

Advertising 100

Advertising Profit and Loss Investments Marketing 100

PYMNTS

OCTOBER 1, 2018

Investors have returned to the platform in larger numbers, but loan volume and revenue have seen sluggish growth until very recently. Its stock popped 56 percent in the first day of trading, leaving the company’s post-IPO valuation at $8.6 We have full confidence in our new management team and we are a better company today.”.

Valuation 54

Valuation Startups Banking CFO 54

PYMNTS

APRIL 14, 2017

How to construct a payments platypus of sorts — you know, a mish-mosh of opposites that may not on the surface dovetail well but still get put together once in a while, less evolution than, perhaps, ever-amusing? The firm got $600 million in the latest funding round, giving it an implied valuation of $7.5 Bixby On Hold.

Profit and Loss 40

Profit and Loss Construction Valuation Sales 40

PYMNTS

JULY 2, 2018

Most of the time, Ghiotti noted, startups don’t need to hear a “no” – rather, they need a constructive conservation about what is not working and what could work. In the United States, for example, a stunning number of bankruptcies are tied to medical debt. Helping FIs Understand Themselves. “It The need, she said, is there.

Startups 41

Startups Investments Banking Construction 41

Barry Ritholtz

OCTOBER 24, 2022

So there are a number of us heading in out of college into the BLS. And how do we think about them from a valuation perspective? You said earlier, valuations were historically high both stocks and bonds late 2021, right about now, what are we? MARTA NORTON, CHIEF INVESTMENT OFFICER, MORNINGSTAR INVESTMENT MANAGEMENT: Right.

Investments 52

Investments Valuation Benchmarking Marketing 52

Barry Ritholtz

FEBRUARY 13, 2023

And like I say, that’s part of why it’s translated to a number of people coming to BlackRock and be with me today. RIEDER: So I had known Larry Fink and Rob Caputo, our CEO and president, for a number of years. And you know, it’s been an honor to have a number of awards to it. So yeah, man, that was the idea.

Mergers and Acquisitions (M&A) 58

Mergers and Acquisitions (M&A) Investments Marketing Education 58

Barry Ritholtz

SEPTEMBER 5, 2023

And I literally put the entire Schedule A, which is the pricing square footage unit numbers in a Hewlett Packard 41B using bit mapping. And we’d sort of turn that into a valuation business. Everybody knew the number but the appraiser. What are the, you know, I’d literally have it in my handheld. Just keep it fair.

Sales 52

Sales Marketing Numbers Construction 52

Barry Ritholtz

SEPTEMBER 26, 2023

Ritholtz ] 00:09:37 I recall reading, and I know you can’t say this, but I recall reading that fund return something like 19% a year, some just astounding number. And if they don’t, we’re happy to own them at the valuation that we are creating that company act. So there is real inflation in cost of construction.

Investments 52

Investments Banking Economics Marketing 52

Barry Ritholtz

JUNE 18, 2024

But I was really buying, and what I wanted to do was the construction. I got the sense that, so Churnin takes 51% for a fairly modest valuation, 10 or $15 million. That, that gives Barstool a half a billion dollar valuation. That that’s a serious 01:08:03 [Speaker Changed] Media number. That’s real money.

Entertainment 58

Entertainment Investments Math Advertising 58

Barry Ritholtz

JUNE 13, 2023

And so we go back to the basics of what our job should be, risk underwriting, risk assessment, asset prices are different from asset valuation. I mean the valuation is the future cash flow discounted at a risk-free rate plus a risk premium. RITHOLTZ: So let’s talk a little bit about valuations relative to risk and reward.

Investments 58

Investments Banking Entertainment Valuation 58

CFO News Room

JANUARY 8, 2023

I will use this section to clarify what free cash flows are trying to measure, how they get used in investing and valuation, and the measurement questions that can cause measurement divergences. What is Free cash flow (FCF)? I believe that any measurement of free cash flow has to begin with a definition of to whom those cash flows accrue.

Valuation 130

Valuation Profit and Loss Forecasting Investments 130

Musings on Markets

OCTOBER 25, 2022

I will use this section to clarify what free cash flows are trying to measure, how they get used in investing and valuation, and the measurement questions that can cause measurement divergences. What is Free cash flow (FCF)? I believe that any measurement of free cash flow has to begin with a definition of to whom those cash flows accrue.

Valuation 94

Valuation Profit and Loss Forecasting Investments 94

Barry Ritholtz

AUGUST 15, 2023

Or at least the top, pick a number, 30, 40%. I don’t remember the number. ” 29, 87, 74, just pick any 50 plus percent number and certainly 2000 and ’08, ’09, a major index gets cut in half. So you’re talking about an average of a large number. What’s the valuation? Less, 20, 30%?

Investments 52

Investments Benchmarking Marketing Treasury 52

Musings on Markets

SEPTEMBER 1, 2021

The final company in my list is Didi, a company that I had tracked in the process of valuing Uber and Lyft, and it followed them into public markets in 2021: Didi's acquisition of Uber China has given it dominance over the Chinese ride sharing market, but it is difficult to see the payoff in the numbers.

Valuation 98

Valuation Economics Marketing Investments 98

Barry Ritholtz

AUGUST 16, 2022

And if you’re able to do that in a diverse number of markets and asset classes, while managing risk in the markets that aren’t trending, you know, that’s in general how trend following works. And so that’s a really fertile, constructive environment for us to try and generate returns. TROPIN: Exactly.

Profit and Loss 121

Profit and Loss Foreign Exchange Valuation Investments 121

Barry Ritholtz

MARCH 14, 2023

Everybody wants to sell a company when they get a good valuation. So up 18 or 19 percent for the year, you see those spectacular numbers. And the methodology we use is very similar to what we originally constructed at Merrill. Obviously, profits, very important to company valuation — BERNSTEIN: Absolutely.

Quantitative Analysis 63

Quantitative Analysis Investments Valuation Marketing 63