Musings on Markets

FEBRUARY 27, 2022

In 2021, companies recovered entirely from the damage done in 2021, at least in the aggregate, with earnings in 2021 higher than 2019 earnings, by almost 33%. To make comparisons, profits are scaled to common metrics, with revenues and book value of investment being the most common scalar.

Start-ups 82

Start-ups Equity Book Value Marketability 82

Deal Law Wire

FEBRUARY 12, 2021

Under the size of transaction test, the value of the assets in Canada or the annual gross revenue from sales (generated from those assets) in or from Canada of the target operating business and, if applicable, its subsidiaries, must be greater than C$93 million. This is down slightly from the 2019 transaction size threshold of C$96 million.

Enterprise Value 40

Enterprise Value Book Value Market Capitalization Marketability 40

Musings on Markets

JANUARY 5, 2024

Since I am lucky enough to have access to databases that carry data on all publicly traded stocks, I choose all publicly traded companies, with a market price that exceeds zero, as my universe, for computing all statistics. Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3. Revenue Multiples 4.

Dividends 100

Dividends Risk Premium Equity Book Value 100

Musings on Markets

JANUARY 9, 2021

Challenge rules of thumb and conventional wisdom : Investing has always had rules of thumb on how and when to invest, ranging from using historical PE or CAPE ratios to decide if markets are over valued, to simplistic rules (eg. buy stocks that trade at less than book value or trade at PEG ratios less than one) for individual stocks.

Risk Premium 52

Risk Premium Market Capitalization Equity Start-ups 52