Remove 2020 Remove Book Value Remove EBIT
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Is Hyundai’s Parallel Strategy a Potent Value Play?

Andrew Stolz

Hyundai has fallen from one of the most profitable carmakers to below-average profitability in 2020. If it can maintain a 6-7% EBIT margin it changes the market’s assessment of the company. A price-to-book ratio of less than 1x indicates that the market values the net assets less than the balance sheet suggests.

EBIT 52
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Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3. EBIT & EBITDA multiple s 5. Working capital needs Thus, I compute pricing multiples based on revenues (EV to Sales, Price to Sales), earnings (PE, PEG), book value (PBV, EV to Invested Capital) or cash flow proxies (EV to EBITDA).

Dividends 100