Musings on Markets

NOVEMBER 9, 2021

I have been writing about, and valuing, Tesla for most of its lifetime in public markets, and while it remains a company that draws strong reactions, it is also one that I truly enjoy valuing. If you are interested, you can see my valuations from 2014 , 2016 and 2017.

Valuation 99

Valuation Profit and Loss Manufacturing Investments 99

PYMNTS

SEPTEMBER 18, 2020

On a day that saw a stock market rout – particularly on the tech-heavy NASDAQ, which was down a percent – in at least some areas of finance, investors remain sanguine. Perhaps “overly optimistic” might be the mindset that marks private markets. Regional players like BankUnited have even smaller market caps (at about $2 billion).

Valuation 92

Valuation Banking Startups Economics 92

Musings on Markets

APRIL 21, 2022

It succeeded spectacularly in attracting people to its platform, hitting a 100 million users in 2012, and then doubling those numbers again by 2013, when it went public ,with an initial public offering. While total user numbers have leveled off in recent years, albeit with a jump in 2021, the daily active user count has continued to climb.

Valuation 100

Valuation Advertising Numbers Education 100

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. To the extent that these numbers are used in computing financial ratios, it will affect your measures of operating income and return on invested capital.

Accounting 130

Accounting Marketing Advertising Valuation 130

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. That said, about 31% of the net profits of all publicly traded firms listed globally in 2021 were generated by financial service firms; that percent is lower in the US and higher in emerging markets.

Marketing 130

Marketing Hurdle Rate Investments Accounting 130

CFO News Room

JANUARY 11, 2023

If you are in that group, the sovereign CDS market offers market-based and real-time measures of sovereign default risk, although for only 80 countries, and the map below reports the sovereign CDS spreads, as of June 30, 2022 : Source: Bloomberg. Country Risk: Equity Risk .

Marketing 130

Marketing Currencies Valuation Treasury 130

CFO News Room

JANUARY 10, 2023

The market clearly had a very different view, as the stock premiered at ₹ 74 per share and soared into the stratosphere, peaking at ₹ 169 per share in late 2021. My IPO Valuation. On July 21, 2021, I valued Zomato just ahead of its initial public offering at about ₹ 41 per share.

Valuation 130

Valuation Investments Marketing Currencies 130

PYMNTS

SEPTEMBER 18, 2020

On a day that saw a stock market rout – particularly on the tech-heavy NASDAQ, which was down a percent – in at least some areas of finance, investors remain sanguine. Perhaps “overly optimistic” might be the mindset that marks private markets. Regional players like BankUnited have even smaller market caps (at about $2 billion).

Valuation 56

Valuation Banking Startups Economics 56

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. Separately, The Wall Street Journal reported that a number of CEOs at Davos were sanguine about the trade pact struck between China and the U.S.,

Valuation 52

Valuation Manufacturing Economics Forecasting 52

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. iPhones dominate the numbers. 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%.

Manufacturing 40

Manufacturing Valuation Economics Numbers 40

Future CFO

JULY 5, 2023

The IPO markets in China and Hong Kong to become more robust in 2H 2023, said Deloitte China's Capital Market Services Group (CMSG) recently. The CMSG expects the A share market will have had 174 new listings raising RMB209.5 This would represent a 3% rise in the number of IPOs and a 33% drop in funds raised.

Marketing 52

Marketing Forecasting Economics Healthcare 52

Future CFO

JULY 19, 2022

The IPO market in Hong Kong is set to slow in 2002, said Deloitte China recently wen releasing its interim review and outlook for the Chinese Mainland and Hong Kong markets. As a result, the IPO market in Hong Kong is expected to see slower performance in 2022 compared with the past four years. billion in 1H 2022.

Marketing 52

Marketing Valuation Forecasting Manufacturing 52

Nerd's Eye View

MAY 10, 2024

Also in industry news this week: The latest Social Security trustees report offered a slightly rosier picture for the health of the various Social Security trust funds thanks to improved economic conditions, though they warned that time is running out for legislators to take action to ensure the system will be able to pay out full benefits beyond the (..)

Valuation 94

Valuation Communication Securities Planning 94

Future CFO

JANUARY 9, 2022

Global M&A to remain strong in 2022 as valuations reach historic highs, said Willis Towers Watson (WTW) recently. However, high valuations, deal complexity, competition for high-quality assets and pandemic-fuelled supply chain disruption will continue to have knock-on consequences for dealmakers, he noted. M&A cycles changing.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Valuation Numbers Economics 52

CFO News Room

JANUARY 26, 2023

One of the big news stories of last week was Jack Dorsey stepping down as CEO of Twitter, and the market’s response to that news was to push up Twitter’s stock price by almost 10%. In contrast, consider Yahoo!,

Marketing 130

Marketing Valuation Manufacturing Investments 130

PYMNTS

SEPTEMBER 20, 2019

You’d be forgiven for thinking that the WeWork IPO – rather, the shelving of that IPO , at least for now – heralds the end of rich valuations for firms viewed as entrenched in the early stages of disruption. Most notably, Stripe has said it will not tap markets through an IPO. We’re quite early in this opportunity.”.

Valuation 49

Valuation Profit and Loss Compliance Forecasting 49

CFO News Room

JANUARY 23, 2023

At the start of 2022, it feels like Groundhog Day, with the same questions about economic growth and inflation looming for the year, and the same judgment about stocks, i.e., that they look expensive. US Equities, by sub-group It has always true that when markets move, up or down, not all sectors and sub-groups are treated equally.

Valuation 130

Valuation Treasury Investments Marketing 130

Global Finance

JUNE 10, 2024

A generous fiscal policy, which has helped support the economic expansion, is expected to turn more restrictive soon. Meanwhile, the solid export numbers that turned the current account positive, after decades in the red, are likely to take a hit due to weaker demand from Spain’s European neighbors.

Mergers and Acquisitions (M&A) 81

Mergers and Acquisitions (M&A) Restructuring Economics Investments 81

CFO News Room

JANUARY 17, 2023

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 130

Economics Valuation Treasury Forecasting 130

Barry Ritholtz

AUGUST 1, 2023

After a monstrous 68% recovery from the March 2020 pandemic low, and another nearly 30% gain in 2021, markets decided to have one of their all-too-regular spasms. The wisdom of the crowd is why the efficient markets work most of the time, but it really helps to be aware when the crowd turns into an unthinking mob of hooligans.

Forecasting 98

Forecasting Concentration Valuation Economics 98

Future CFO

APRIL 11, 2021

The IPO markets in Hong Kong and China are well supported to continue to perform vibrantly in the rest of 2021, thanks to the ample liquidity from various monetary and economic easing measures in the world to dissipate the negative impact brought by the ongoing pandemic, said Deloitte China recently when releasing an outlook report. .

Marketing 40

Marketing Pharmaceutical Economics Valuation 40

Musings on Markets

JULY 27, 2022

The market clearly had a very different view, as the stock premiered at ? In this post, I will begin with a quick review of my 2021 valuation, then move on to the price action in 2021 and 2022 and then update my valuation to reflect the company's current numbers. 41 per share. 169 per share in late 2021. 76 per share.

Valuation 84

Valuation Investments Marketing Currencies 84

Future CFO

JANUARY 2, 2024

IPOs in China are expected to maintain its pace in 2024 while the Hong Kong market would rebound when US interest rate hikes end and funds redirect to Asia, said Deloitte China recently. Existing IPO issuance policies for the A-share market are likely to remain in force in 2024. billion versus 424 IPOs raising RMB586.8 billion in 2022.

Valuation 52

Valuation Forecasting Numbers Marketing 52

Future CFO

APRIL 12, 2022

China and Hong Kong IPOs will accelerate if the pandemic situation in China improves and the Russia-Ukraine War subsides in Q2 2022, said the Capital Market Services Group of Deloitte China recently. Although the number of deals fell by 15%, proceeds rose sharply by 136% due to a return jumbo listing by a telecommunications company.

Manufacturing 98

Manufacturing Valuation Numbers Economics 98

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. “In Similarly, tough market conditions pushed some investors to the sidelines in 2022.

Valuation 52

Valuation Manufacturing Transportation Economics 52

CFO Talks

SEPTEMBER 10, 2024

The Importance of Due Diligence Due diligence isn’t just about reviewing financial statements; it’s a comprehensive process that involves understanding the target company’s entire business model, market positioning, operational risks, and potential liabilities. political instability, regulatory changes, currency fluctuations).

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Prioritization Leadership CFO 52

Nerd's Eye View

OCTOBER 28, 2022

From there, we have several articles on practice management: A new report shows that RIA profitability and AUM soared in 2021, buoyed by a strong stock market and new client growth. The key considerations for advisors considering terminating a forgivable note early.

Practice Management 89

Practice Management Valuation Economics Investments 89

Musings on Markets

JANUARY 19, 2022

At the start of 2022, it feels like Groundhog Day, with the same questions about economic growth and inflation looming for the year, and the same judgment about stocks, i.e., that they look expensive. US Equities, by sub-group It has always true that when markets move, up or down, not all sectors and sub-groups are treated equally.

Valuation 82

Valuation Treasury Marketing Investments 82

Centage

SEPTEMBER 5, 2023

The current economic climate is causing profound challenges for business owners across industries. In conjunction with your other numbers, your gross profit margin can tell you if your products are profitable enough, if you need to increase sales or if your expenses, like sales costs, are too high. into the calculation.

Financial Planning and Analysis (FP&A) 98

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

Future CFO

OCTOBER 8, 2023

Despite this, market momentum is building, with Q3 having witnessed a notable improvement in post-IPO share price performance compared with previous quarters. In the past decade, IPO numbers and proceeds from emerging markets have both increased by more than 30%, primarily due to faster economic growth compared to developed countries.

Economics 52

Economics Valuation Forecasting Numbers 52

PYMNTS

JANUARY 10, 2019

“Some GPs and LPs have already expressed concern that excess capital has led to inflated round sizes and valuations. In the event of any adjustments in the global economic or political backdrop, valuations may see a correction from their currently elevated levels, but private market investment activity will likely continue unabated.

Startups 77

Startups Valuation Investments Economics 77

PYMNTS

OCTOBER 2, 2020

Despite — or perhaps because of — the pandemic, a number of strategic and financial deals are taking shape. There are a lot of companies coming into this space that are very well-capitalized” and willing to make deals where, for example, venture capital firms may be pulling back a bit amid so much economic uncertainty.

Mergers and Acquisitions (M&A) 110

Mergers and Acquisitions (M&A) Valuation B2B Economics 110

CFO News Room

JANUARY 9, 2023

By the start of 2022, the window for early action had closed and for much of this year, inflation has been the elephant in the room, driving markets and forcing central banks to be reactive, and its presence has already induced me to write three posts on its impact. Inflation: Actual and Expected. in the NY Fed survey. in the NY Fed survey.

Treasury 130

Treasury Valuation Currencies Forecasting 130

Musings on Markets

MAY 7, 2023

While differentiating between good and bad banks can be straightforward, it does not follow that buying good banks and selling bad banks is a good investment strategy, since its success depends entirely on what the market is incorporating into stock prices. All Equity, All the time!

Investments 64

Investments Banking Valuation Profit and Loss 64

CFO News Room

JANUARY 14, 2023

The nature of markets is that they are never quite settled, as investors recalibrate expectations constantly and reset prices. Clearly, we are not in one of those time periods, as markets approach bipolar territory, with big moves up and down.

Treasury 130

Treasury Economics Investments Marketing 130

Musings on Markets

MARCH 19, 2022

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 100

Economics Valuation Treasury Forecasting 100

Future CFO

FEBRUARY 5, 2023

The report points to a survey of nearly 300 M&A executives, conducted by Bain in October 2022, who shared that they anticipate closing a similar number of deals if not more this year, the firm noted. First, industrials are acquiring adjacent businesses to gain quick access to greener and more favourable market segments.

Mergers and Acquisitions (M&A) 52

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