Valutico

JANUARY 3, 2024

At the start of the COVID-19 pandemic in March 2020, the Visa’s stock fell by 15% year to date due to an uncertain economic environment. As the overall market recovered and digital payments replaced cash, Visa’s stock grew by almost 50% in July 2021 from the lows of March 2020.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Start-ups Banking 52

Andrew Stolz

JANUARY 12, 2022

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. If it can maintain a 6-7% EBIT margin, then this could be a catalyst for share price performance. P&L – Hyundai.

EBIT 52

EBIT Price to Book Book Value Liquidation Value 52

Valutico

JUNE 1, 2023

Share Price Performance Marriott’s stock saw a sharp decline in 2020 due to COVID-19, plummeting from around USD 140-150 to USD 60-70. billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. With steady conversion activity, the firm expects 4-4.5% on April 20, 2022. billion using a WACC of 11.3%.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

APRIL 24, 2023

billion in 2020. billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. Recent M&A deals KHC has been making headlines with strategic moves like acquiring Cerebos Pacific in 2018 and selling off assets such as its Indian nutritional beverage and Canadian natural cheese businesses in 2019.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Valutico

APRIL 24, 2023

billion in 2020. billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. Recent M&A deals KHC has been making headlines with strategic moves like acquiring Cerebos Pacific in 2018 and selling off assets such as its Indian nutritional beverage and Canadian natural cheese businesses in 2019.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Valutico

DECEMBER 6, 2022

billion acquisition of Slack in 2020. The Trading Comparables analysis resulted in a valuation range of $81 to $158 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. He played a major role in the $27.1 Salesforce announced total revenue of $7.8 billion, an increase of 14% compared to Q3 in 2021.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

DECEMBER 6, 2022

billion acquisition of Slack in 2020. The Trading Comparables analysis resulted in a valuation range of $81 to $158 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. He played a major role in the $27.1 Salesforce announced total revenue of $7.8 billion, an increase of 14% compared to Q3 in 2021.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

FEBRUARY 1, 2023

Financial and technological challenges paired with the Covid-19 pandemic led to further declines in value, resulting in a share price of $95 in early 2020. The Trading Comparables analysis resulted in a valuation range of $121 billion to $150 billion by applying the observed trading multiples EV/EBITDA and EV/EBIT.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

NOVEMBER 21, 2022

Despite a -21% performance in 2022 to date, Home Depot’s share price gained 64% over the past five years, with particularly good performance during the 2020-2021 COVID years. The Trading Comparables analysis resulted in a valuation range of $202 billion to $231 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

NOVEMBER 21, 2022

Despite a -21% performance in 2022 to date, Home Depot’s share price gained 64% over the past five years, with particularly good performance during the 2020-2021 COVID years. The Trading Comparables analysis resulted in a valuation range of $202 billion to $231 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JANUARY 5, 2023

In 2020, the company reached an all-time high of USD 100 (HKD 780) per share, thanks to a net income margin of 33% and strong sales growth of 28%. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Share Price Performance. billion to HKD 3,905 (USD 501) billion.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

JANUARY 5, 2023

In 2020, the company reached an all-time high of USD 100 (HKD 780) per share, thanks to a net income margin of 33% and strong sales growth of 28%. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Share Price Performance. billion to HKD 3,905 (USD 501) billion.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

JANUARY 5, 2023

In 2020, the company reached an all-time high of USD 100 (HKD 780) per share, thanks to a net income margin of 33% and strong sales growth of 28%. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Share Price Performance. billion to HKD 3,905 (USD 501) billion.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Andrew Stolz

JANUARY 16, 2022

We expect that the dividend yield over the near-term to range between 5-6% like in 2019 and 2020. EBIT margin expansion in 22E probably only short-lived. Going forward, we see the EBIT margin to range between 7-8%. Ratios – Kohl’s. After the revenue rebound in 22E, we assume revenue growth to normalize.

Dividends 52

Dividends EBIT Marketability Business Valuation 52

Valutico

OCTOBER 28, 2022

After this announcement the company’s share price hit a six-year low of HKD 60 ($7.60), an 80% decline from its all-time high of HKD 300 ($38) in October 2020. . Recent Financial Performance. Alibaba surprised analysts by maintaining stable sales figures in the past quarter, despite the recent Covid19 lockdowns in China. billion ($28.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization EBITDA 52

Andrew Stolz

JANUARY 17, 2022

As a comparison, in 2020, Volvo delivered 4,500 trucks to China. Net assets have fallen in 2020 after selling UD truck segment to Isuzu Motors. In 2020, its net-debt to equity ratio stood at 0.9x. EBIT margin expansion in 21E likely to stay. The acquisition accumulates to SEK1.1bn. Balance sheet – Volvo. Ratios – Volvo.

Marketability 52

Marketability Dividends Net Debt Start-ups 52

Andrew Stolz

JANUARY 19, 2022

As of 2020, around 42% of its total assets consist of goodwill (31%) and intangible assets (11%). Only in 2020, ROIC dropped to 11% which is still in line with WACC. Revenue contribution declined from to 6% in 2020 from 10% in 2016. Aerospace’s EBIT margin of 20.5% Its M&A activities are reflected in its asset base.

Intangible Assets 52

Intangible Assets EBIT Market Risk Technology 52

Andrew Stolz

NOVEMBER 21, 2021

In 2020, the Japanese gov’t announced the intention to ban gasoline-powered cars by 2030. Operating cash flows were not able to cover investing activities in 2020 and 2021. Competitors like VW and GM only achieve EBIT margin between 5 and 7%. Toyota has been the long-term leader in hybrids, but is way behind in full EVs.

Dividends 52

Dividends EBIT Treasury Equity 52

Andrew Stolz

FEBRUARY 7, 2022

Radiant Opto-Electronics Corporation’s revenue breakdown 2020. EBIT margin on a slightly lower level given an increase of low-cost manufacturers. Lack of investments translate into zero revenue growth. Massive dividend yield secured by strong cash generation. Download the full report as a PDF.

Dividends 52

Dividends Net Debt EBIT Marketability 52

Andrew Stolz

NOVEMBER 28, 2021

Tata will set up a new subsidiary in 2020, in its attempt to move forward EV. It will be a challenge for the company to drive its EBIT margin to the industry average of 7-9%. The focus is now on reasonable investments with high-margin. But this also means that it’s leaving its high growth stage. Pure play approach to ride EV momentum.

Dividends 52

Dividends EBIT Equity Business Valuation 52

Erik A. Lopez

SEPTEMBER 23, 2015

In particular, IBP’s past performance revealed strong swings in annual EBIT and net earnings. The 2020 Survey is available here. In rendering its opinion, the court stressed that MAE must be interpreted in the larger context in which the parties were transacting.

Net Debt 52

Net Debt EBIT Marketability Specific Risk 52

Musings on Markets

JANUARY 5, 2024

EBIT & EBITDA multiple s 5. That said, there are some of you who are not doing your analysis in real time, either because you are in the appraisal business and must value your company as of the start of 2020 or 2021, or a researcher looking at changes over time. Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3.

Dividends 100

Dividends Risk Premium Equity Book Value 100

Brian DeChesare

SEPTEMBER 11, 2024

A good example is the 2020 – 2021 period, when SPAC activity went vertical, and plenty of renewable energy companies used SPACs to go public. For growth-stage companies, you will see plenty of equity offerings: IPOs , SPACs , PIPEs, and follow-on issuances.

Banking 59

Banking Finance Start-ups Equity 59

Musings on Markets

OCTOBER 25, 2022

Thus, we start with operating income or earnings before interest and taxes (EBIT) replacing net income. (I It turned the profitability corner in 2020, though FCFE stayed mildly negative that year, and in 2021, the FCFE also turned positive.

Dividends 94

Dividends Equity EBITDA Start-ups 94