Value Scope

JULY 21, 2020

This work can be used to reconcile and support an adjustment to the CAPM, then the WACC, via Alpha and Beta. We know ESG is important and valuable, but it will be even more valuable when it is clearly quantified and valued using conventional and customary approaches. Do ESG programs impact firm value?

Intangible Assets 130

Intangible Assets Beta Alpha Unlevered Beta 130

Musings on Markets

MAY 20, 2022

Inflation and Value When in doubt about how any action or information plays out in value, I find it useful to go back to value basics, and trace out the effects of that action/information on value drivers.

Price to Book 102

Price to Book Dividends Beta Equity 102

Musings on Markets

JANUARY 5, 2024

Thus, I have treated leases as debt in computing debt ratios all through the decades that I have been computing this statistic, even though accounting rules did not do so until 2019, and capitalized R&D, even though accounting has not made that judgment yet. Beta & Risk 1. Standard Deviation in Equity/Firm Value 2.

Dividends 105

Dividends Risk Premium Equity Book Value 105

Value Scope

SEPTEMBER 24, 2020

First, on December 17, 2019, SEC Commissioner Hester Peirce went on live television to call for greater oversight of how ESG is used by companies and the investment community. “. At the time, more than $17 billion had been invested into sustainable-focused exchange-traded funds (ETFs) and open-end funds during 2019.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130