Remove Hurdle Rate Remove Investments Remove Manufacturing
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Data Update 6 for 2025: From Macro to Micro - The Hurdle Rate Question!

Musings on Markets

I spend most of my time in the far less rarefied air of corporate finance and valuation, where businesses try to decide what projects to invest in, and investors attempt to estimate business value. A key tool in both endeavors is a hurdle rate a rate of return that you determine as your required return for business and investment decisions.

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The Corporate Life Cycle: Corporate Finance, Valuation and Investing Implications!

Musings on Markets

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. Tech companies age in dog years, and the consequences for how we manage, value and invest in them are profound.

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Data Update 7 for 2025: The End Game in Business!

Musings on Markets

In this post, I will focus on how companies around the world, and in different sectors, performed on their end game of delivering profits, by first focusing on profitability differences across businesses, then converting profitability into returns, and comparing these returns to the hurdle rates that I talked about in my last data update post.

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Musings on Markets: Data Update 5 for 2022: The Bottom Line!

CFO News Room

Income from financial holdings (including cash balances, investments in financial securities and minority holdings in other businesses) are added back, and interest expenses on debt are subtracted out to get to taxable income. Returns on Invested Capital (or Equity).

Marketing 130
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World’s Best Supply Chain Finance Providers 2025

Global Finance

SCF also helps buyers and sellers mitigate the impact of high interest ratesproviding welcome relief from the rising cost of manufacturing goods. Best Sustainable Supply Chain Finance Program Santander In August 2024, Danish wind turbine manufacturer Vestas mandated Santander Brazil to deploy a 50 million Brazilian real ($8.3

Finance 52
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Data Update 5 for 2022: The Bottom Line!

Musings on Markets

Income from financial holdings (including cash balances, investments in financial securities and minority holdings in other businesses) are added back, and interest expenses on debt are subtracted out to get to taxable income.

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Data Update 5 for 2023: The Earnings Test

Musings on Markets

Some of that variation can be attributed to different mixes of businesses in different regions, since unit economics will result in higher gross margins for technology companies and commodity companies, in years when commodity prices are high, and lower gross margins for heavy manufacturing and retail businesses.