Musings on Markets

JANUARY 21, 2023

It is the nature of stocks that you have good years and bad ones, and much as we like to forget about the latter during market booms, they recur at regular intervals, if for no other reason than to remind us that risk is not an abstraction, and that stocks don't always win, even in the long term.

Equity 93

Equity Risk Premium Start-ups Dividends 93

Musings on Markets

JANUARY 17, 2024

That positive result notwithstanding, the recovery was uneven, with a big chunk of the increase in market capitalization coming from seven companies (Facebook, Amazon, Apple, Microsoft, Alphabet, NVidia and Tesla) and wide divergences in performance across stocks, in performance. increase in market capitalization.

Risk Premium 79

Risk Premium Start-ups Equity Treasury 79

Musings on Markets

NOVEMBER 4, 2022

Investors, used to a decade of better-than-expected earnings and rising stock prices at these companies, have been blindsided by unexpected bad news in earnings reports, and have knocked down the market capitalization of these companies by hundreds of billions of dollars in the last few weeks.

Start-ups 105

Start-ups Market Capitalization Marketability Dividends 105

Musings on Markets

OCTOBER 12, 2023

trillion was invested by impact investors in 2021, with a diverse range of investors: Global Impact Investing Network, 2022 Report Not surprisingly, the balance between social impact and financial return desired by investors, varies across investor groups, with some more focused on the former and others the latter.

Market Capitalization 103

Market Capitalization Enterprise Value Start-ups Marketability 103

Musings on Markets

SEPTEMBER 9, 2024

While management decisions have clearly contributed to the problems, it is also true that the pharmacy business, which forms Walgreen's core, has deteriorated over the last two years, and that can be seen by comparing its market performance to CVS, its highest profile competitor. That acquisition, which cost Walgreens $5.2

Start-ups 132

Start-ups Marketability Market Capitalization Equity 132

Musings on Markets

FEBRUARY 27, 2022

That said, about 31% of the net profits of all publicly traded firms listed globally in 2021 were generated by financial service firms; that percent is lower in the US and higher in emerging markets.

Start-ups 98

Start-ups Equity Book Value Marketability 98

Musings on Markets

JULY 17, 2023

If anything, the economy seems to have settled into a stable pattern, albeit at the high levels that it reached in the second half of 2021. I know that the game is not done, and the long-promised pain may still arrive in the second half of the year, but for the moment, at least, markets have found some respite.

Marketability 98

Marketability Risk Premium Start-ups Treasury 98

Valutico

NOVEMBER 28, 2022

ABB performed particularly well in the COVID years 2020-2021, almost doubling its share price during this period. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1 At this level the dividend yield is 2.8%. . In comparison to ABB’s market capitalization of CHF 56.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Valutico

NOVEMBER 28, 2022

ABB performed particularly well in the COVID years 2020-2021, almost doubling its share price during this period. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1 At this level the dividend yield is 2.8%. . In comparison to ABB’s market capitalization of CHF 56.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Musings on Markets

NOVEMBER 15, 2022

In this post, I want to focus on that point, starting with a discussion of why stories matter to investors and traders and the story that propelled the company to a trillion-dollar market capitalization not that long ago. The reason is simple. Facebook: A Narrative Reset?

Start-ups 99

Start-ups Marketability Market Capitalization Technology 99

Valutico

NOVEMBER 14, 2022

Two weeks ago TotalEnergies announced its net income for the third quarter of 2022 which increased by 43% compared to 2021 and amounted to €6.6 This strong financial performance is also reflected in the stock market as TotalEnergies is currently trading at €57 per share, which is a year-on-year increase of roughly 30%.

EBIT 52

EBIT Equity Dividends EBITDA 52

Valutico

NOVEMBER 14, 2022

Two weeks ago TotalEnergies announced its net income for the third quarter of 2022 which increased by 43% compared to 2021 and amounted to €6.6 This strong financial performance is also reflected in the stock market as TotalEnergies is currently trading at €57 per share, which is a year-on-year increase of roughly 30%.

EBIT 52

EBIT Equity Dividends EBITDA 52

Reynolds Holding

NOVEMBER 30, 2023

07 Question: In each of 2020 and 2021, a registrant provided the same list of companies as a peer group in its Compensation Discussion & Analysis (“CD&A”) under Item 402(b) but provided a different list of companies in its CD&A for 2022. In what circumstances is such market capitalization-based weighting required?

Compliance 40

Compliance Total Shareholder Return Dividends Market Capitalization 40

Musings on Markets

JANUARY 6, 2023

Data universe : In my sample, I include all publicly traded firms with market capitalizations that exceed zero, traded anywhere in the world. At the company-level, I provide data on risk, profitability, leverage and dividends, broken down by industry-groups, to be used in both corporate finance and valuation. Return on Equity 1.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Global Finance

MAY 8, 2024

This was primarily based on revenue growth, which registered a heady 30% rise, allowing the bank to distribute its highest full-year dividend since 2008. The group’s market capitalization in 2023 was at a 17-year high, valuing the enterprise at around the same level in dollar terms as Goldman Sachs. billion in 2022.

Banking 52

Banking Dividends Start-ups Finance 52

Reynolds Holding

APRIL 3, 2024

For example, market makers generate quotations for exchange-listed options by deriving their value from real-time stock prices and five additional factors: exercise price, the risk-free interest rate, time to expiration, volatility of the stock, and dividends. 3 (2021). [8] 4] Unger v. Amedisys [5] and Krogman v. 1264 (D.N.J.

Marketability 45

Marketability Market Capitalization Dividends Finance 45

Musings on Markets

APRIL 20, 2021

In a predictable consequence, US multinationals chose to leave their foreign income outside the US, creating the phenomenon of trapped cash, i.e., income held in foreign locales to avoid taxes, but also trapped because that income could not be used to pay dividends, buy back stock or invest in projects in the United States.

Start-ups 52

Start-ups Debt Financing Finance Equity 52

Musings on Markets

OCTOBER 25, 2022

For Microsoft, this would yield values of $69,916 million for operating income and an effective tax rate of 13.83% in 2021, resulting in a FCFF of $40,879 million in 2021. An intuitive reading of the FCFE is that it is cash available to be returned to equity investors, either in the form of dividends or as cash buybacks.

Dividends 107

Dividends EBITDA Equity Start-ups 107

Musings on Markets

FEBRUARY 4, 2023

Given the historical roots of the biggest Indian family groups, the Adani Group has been a recent entrant, not making the top ten list (in terms of either operating metrics like revenues or market-based numbers like market capitalization or enterprise value) as recently as ten years ago, and barely making the top ten list five or six years ago.

Start-ups 100

Start-ups Market Capitalization Marketability Equity 100

Musings on Markets

OCTOBER 28, 2024

Put simply, there are relatively few firms, where there is corporate venture capital arm or division, that is in charge of, and accountable for, CVC investments. Over its lifetime, Google Ventures has picked some big winners, including iUber, Airbnb and Slack, all of which are now public companies with substantial market capitalization.

Start-ups 68

Start-ups Alpha Equity Marketability 68