Musings on Markets

AUGUST 19, 2024

In fact, the business life cycle has become an integral part of the corporate finance, valuation and investing classes that I teach, and in many of the posts that I have written on this blog. In 2022, I decided that I had hit critical mass, in terms of corporate life cycle content, and that the material could be organized as a book.

Corporate Finance 98

Corporate Finance Valuation Investments Finance 98

PYMNTS

JANUARY 21, 2020

The first day of Davos — the annual meeting of the World Economic Forum held in Switzerland — featured panels and commentary about business and economics, as has been customary. among other initiatives — but perhaps less optimistic about economic growth.

Valuation 52

Valuation Manufacturing Economics Forecasting 52

CFO News Room

JANUARY 27, 2023

Another is that when valuing companies, I am, in addition to valuing a company to see if it is fairly priced, interested into the broader insights about business and valuation that emerge from the company. Growth potential : I underestimated the company’s capacity to grow, by limiting its product reach.

Valuation 130

Valuation Investments Manufacturing Marketing 130

Musings on Markets

FEBRUARY 8, 2024

Put differently, there are some good business reasons why the Mag Seven dominated markets in 2023: Pricing power and Economic Resilience : Coming into 2023, market and the Mag Seven stocks were battered, down sharply in 2022, largely because of rising inflation and concerns about an economic downturn. The What Next?

Marketing 118

Marketing Valuation Profit and Loss Advertising 118

Future CFO

APRIL 12, 2022

In Q1 2022, unlike its peer Hong Kong , China's new listing market faced less direct, huge impact from major macro-economic and geopolitical events, including US tapering and interest rate hikes and the Russia-Ukraine conflict, Deloitte China pointed out. . There was only one large listing from a manufacturing company in Hong Kong.

Manufacturing 98

Manufacturing Valuation Numbers Marketing 98

Global Finance

JUNE 10, 2024

A generous fiscal policy, which has helped support the economic expansion, is expected to turn more restrictive soon. We are struggling to understand the weakness of investment ourselves,” says Oriol Carrera Baquer, senior economist at Caixabank, although this could change with lower interest rates and a pickup in manufacturing across Europe.

Mergers and Acquisitions (M&A) 102

Mergers and Acquisitions (M&A) Restructuring Economics Investments 102

CFO News Room

NOVEMBER 11, 2022

That skewing can affect valuation and pricing judgments about these firms, and correcting accounting inconsistencies is a key step towards leveling the playing field. For a manufacturing company, these can take the form of plant and equipment. I believe it is, since failure to do so can have both valuation and pricing consequences.

Accounting 130

Accounting Marketing Advertising Valuation 130

Musings on Markets

JANUARY 26, 2023

Another is that when valuing companies, I am, in addition to valuing a company to see if it is fairly priced, interested into the broader insights about business and valuation that emerge from the company. Growth potential : I underestimated the company's capacity to grow, by limiting its product reach.

Valuation 83

Valuation Investments Manufacturing Marketing 83

Musings on Markets

SEPTEMBER 5, 2024

While it is just one quarter, there are clear signs of more slowing to come, as scaling will continue to push revenue growth down, the unit economics will be pressured as chip manufacturers (TSMC) push for a larger slice and operating margins will decrease, as competition increases. I am going to count that as a win and move on!

Marketing 118

Marketing Valuation Profit and Loss Forecasting 118

CFO News

AUGUST 13, 2024

According to the recent Economic Survey, India contributes around 14% to the US tech giant’s overall production, emerging as a key hub for its global exports. Of the Rs 2-lakh crore valuation, iPhones worth a market value of around Rs 1.35 In FY23, India’s contribution was about 7%. iPhones dominate the numbers.

Manufacturing 40

Manufacturing Valuation Economics Numbers 40

Centage

APRIL 4, 2023

The current economic climate is causing profound challenges for business owners across industries. Since many customers are feeling squeezed by the current economic climate, raising prices on existing goods may not be the way to go. A low valuation customer who typically later purchases high margin items is a good investment.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Forecasting Data Analysis 98

Centage

SEPTEMBER 5, 2023

The current economic climate is causing profound challenges for business owners across industries. Four: Understand Customer Valuation Your customers are the source of your revenue – and your profits. A low valuation customer who typically purchases high margin items later on is a good investment.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 98

Simply Treasury

FEBRUARY 24, 2020

Think of the automakers and Tesla's recent valuation that reflects these profound changes. World Economic Forum) show that this risk is on the scale of major risks estimated by CEOs. An economic crisis may not affect the climate or kill people. But (2) the second type of risk is the risk of transition. We don't know.

Banking 130

Banking Economics Valuation Treasury 130

Musings on Markets

SEPTEMBER 9, 2024

That said, it was a healthy and profitable company during that decade, with solid unit economics (as reflected in its high gross margin) and profitability (its operating margin was higher in the last decade than in prior periods).

Valuation 109

Valuation Construction Manufacturing Investments 109

Musings on Markets

JULY 22, 2021

Zomato: Story and Valuation With the lead in on Zomato's history and business model, I can start constructing a story and valuation for the company, with the recognition that the biggest part of the story is in its macro elements. There are, however, other facts about the unit economics that lend to optimism on the story.

Marketing 89

Marketing Valuation Profit and Loss Advertising 89

Future CFO

MARCH 28, 2023

Slower economic growth , declining consumer confidence, falling manufacturing output, high inflation, and mounting global and regional uncertainties resulted in a perfect storm which dampened investor sentiment, the firm noted. Similarly, tough market conditions pushed some investors to the sidelines in 2022.

Valuation 52

Valuation Manufacturing Transportation Economics 52

PYMNTS

JANUARY 22, 2020

Manufacturing, Big Tech And Valuations Among Davos Day One Focus. At the first day of Davos, the annual meeting of the World Economic Forum in Switzerland, panelists focused on Big Tech as well as unicorns — tech startups with IPO valuations of at least $1 billion — and the need to focus on profitability.

Banking 52

Banking Valuation Manufacturing Startups 52

Barry Ritholtz

JANUARY 9, 2023

Venture capital’s reckoning looms closer : Valuations on holdings will have to converge sooner rather than later with listed tech sector ( Financial Times ). central bank to avoid overdoing it with higher-than-needed interest rates, a top economic adviser in the Obama White House said after a fresh review of Fed policy since World War Two.

Valuation 69

Valuation Education Manufacturing Economics 69

CFO News Room

DECEMBER 13, 2022

Often business models are borne out, not just on a unit economics, but become profitable by dent of scale. When you have find opportunity, you figure out how to exploit it for all of its potential economic value. And by the way, in economic terms and unit economic terms, you can support. You look for opportunity.

Startups 100

Startups Economics Manufacturing Marketing 100

PYMNTS

OCTOBER 5, 2020

Lalamove works with last-mile delivery tracking, with multiple categories of industries, including catering, eCommerce, manufacturing and construction, the release stated. Lalamove became a unicorn , meaning its valuation rose above $1 billion, in 2019.

Construction 52

Construction Valuation Manufacturing eCommerce 52

PYMNTS

DECEMBER 30, 2020

While the exact value of the initial funding has not been disclosed, SnapAP did reveal plans for the company upon completion of the seed round, including the announcement of new distribution partnerships and adoption of SnapAP's AP technology by several clients in the banking and manufacturing landscape.

B2B 84

B2B eCommerce Banking Accounts Payable 84

CFO News Room

JANUARY 18, 2023

Even though we live in an age where user platforms and hyper revenue growth can drive company valuations, that adage remains true. The last few years have been eventful for all companies, with the COVID crisis and ensuing economic shut down causing pain for companies, with recovery coming in 2021, as the global economy opened up again.

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

Future CFO

JULY 19, 2022

Korea Stock Exchange will take the third place after the listing of an electronic vehicle battery manufacturer, which will also be the world's largest IPO in 1H 2022. In 1H 2022, the IPO market in Hong Kong recorded only one large listing, by a rare earth manufacturer. Review highlights.

Marketing 52

Marketing Valuation Forecasting Manufacturing 52

Future CFO

FEBRUARY 5, 2023

The good news amid recent pessimism is that recent history of economic downturns supports confidence in making bold moves in global M&A, Bain said. Based on what we know from past economic down cycles, we anticipate ample opportunity in 2023 for well-prepared acquirers to make bold, strategic moves.”

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Profit and Loss Healthcare Valuation 52

CFO News Room

JANUARY 26, 2023

The corporate life cycle framework provides a useful structure to think about how the technology companies, that dominate the twenty first century business landscape, are different from the manufacturing companies of the last century, and why these differences can create more management tensions at these companies.

Marketing 130

Marketing Valuation Manufacturing Investments 130

PYMNTS

DECEMBER 27, 2018

-based equity research firm, said shares of the Cupertino, California iPhone maker could be hurt by slowing economic growth in China and the ongoing trade war between the U.S. Apple has several Chinese manufacturing plants that will be impacted by the trade war, predicted the analyst.

Valuation 46

Valuation Manufacturing Economics Marketing 46

Musings on Markets

NOVEMBER 10, 2022

That skewing can affect valuation and pricing judgments about these firms, and correcting accounting inconsistencies is a key step towards leveling the playing field. Accounting 101 I am not an accountant, and have no desire to be one, but I have used their output (accounting statements) as raw material in valuation and corporate finance.

Accounting 77

Accounting Advertising Valuation Investments 77

CFO News Room

NOVEMBER 5, 2022

I have written about the firm many times, over that period, starting with a valuation that I did of the company in 2012, just ahead of it going public. As economic growth has slowed and concerns about a recession have risen, revenue growth has dropped at all of the companies in this space has declined.

Marketing 130

Marketing Advertising Profit and Loss Investments 130

Musings on Markets

JANUARY 12, 2021

I end the class with a corporate finance version of valuation, where I tie inputs into value (cash flows, growth and risk) to investment, financing and dividend decisions. Valuation : It is unfortunate, but for most people, the vision that comes to mind when I say that I teach valuation is excel spreadsheets and high profile company names.

Valuation 52

Valuation Corporate Finance Finance Investments 52

PYMNTS

APRIL 15, 2019

Uber’s valuation is pegged at $100 billion. Lyft’s valuation is less than 20 percent of that. We’re watching regulators across the globe call for breaking up big tech companies, which threaten to disrupt the economic value they create for platform stakeholders, especially consumers. The Next Platform Frontier.

Transportation 73

Transportation Healthcare Economics Leverage 73

Global Finance

MAY 10, 2024

Manufacturing shows promising signs of recovery while nearshoring and friendshoring in new markets are becoming stronger trends. Greenfield project announcements dipped 6% in number but grew by 6% in value, driven in part by more encouraging numbers in the manufacturing sector. At an estimated $1.37

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Manufacturing Profit and Loss Investments 52

Centage

SEPTEMBER 5, 2023

The current economic climate is causing profound challenges for business owners across industries. Four: Understand Customer Valuation Your customers are the source of your revenue – and your profits. A low valuation customer who typically purchases high margin items later on is a good investment.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Benchmarking Valuation 52

Musings on Markets

NOVEMBER 4, 2022

I have written about the firm many times, over that period, starting with a valuation that I did of the company in 2012, just ahead of it going public. As economic growth has slowed and concerns about a recession have risen, revenue growth has dropped at all of the companies in this space has declined.

Advertising 100

Advertising Profit and Loss Investments Marketing 100

Musings on Markets

FEBRUARY 27, 2022

Even though we live in an age where user platforms and hyper revenue growth can drive company valuations, that adage remains true. The last few years have been eventful for all companies, with the COVID crisis and ensuing economic shut down causing pain for companies, with recovery coming in 2021, as the global economy opened up again.

Hurdle Rate 82

Hurdle Rate Investments Accounting Entertainment 82

Musings on Markets

DECEMBER 10, 2021

The corporate life cycle framework provides a useful structure to think about how the technology companies, that dominate the twenty first century business landscape, are different from the manufacturing companies of the last century, and why these differences can create more management tensions at these companies. Aging in Dog Years?

Valuation 85

Valuation Manufacturing Investments Marketing 85

PYMNTS

MARCH 5, 2018

billion in a post-money valuation, according to estimates. However, the firm has offered no official confirmation of its new valuation. DoorDash’s technology advantages, exceptional management team and relentless merchant focus are reflected in their stunning growth and impressive unit economics,” Housenbold said in an announcement.

Valuation 43

Valuation Startups Manufacturing Banking 43

PYMNTS

MAY 26, 2016

Think steel, manufacturing, cement commodities and, well, the guts and decidedly non-glorious infrastructure plays that make tangible things. It should also be noted that the Chinese government, in an effort to help shore up some languishing economics, is in effect throwing money at major building and infrastructure projects (sound familiar?)

Manufacturing 40

Manufacturing Startups Economics Investments 40