Valutico

DECEMBER 15, 2022

The ratio used might be EV/EBITDA, EV/Sales, P/E or another, depending on the valuation performed and the type of business being valued. So another major assumption when adopting this method, is that the type of ratio chosen as the comparison point, such as P/E or EV/EBITDA should be similar across similar firms. .

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

DECEMBER 15, 2022

The ratio used might be EV/EBITDA, EV/Sales, P/E or another, depending on the valuation performed and the type of business being valued. So another major assumption when adopting this method, is that the type of ratio chosen as the comparison point, such as P/E or EV/EBITDA should be similar across similar firms. .

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Benzinga

JUNE 16, 2022

times estimated 2023 adjusted EBITDA multiple. Targa now estimates standalone 2022 adjusted EBITDA to be between $2.675 billion and $2.775 billion and year-end leverage ratio of about 2.7 Fully cash and debt-financed transaction; expect pro forma year-end 2022 leverage ratio around 3.5 times and improving thereafter.

EBITDA 40

EBITDA Debt Financing Dividends Finance 40

Musings on Markets

AUGUST 19, 2024

In 2022, I decided that I had hit critical mass, in terms of corporate life cycle content, and that the material could be organized as a book. With declining businesses, facing shrinking revenues and margins, it is cash return or dividend policy that moves into the front seat.

Corporate Finance 121

Corporate Finance Finance Start-ups Dividends 121

Benzinga

MAY 3, 2022

MIDLAND, Texas, May 03, 2022 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR ) ("Rattler" or the "Company"), a subsidiary of Diamondback Energy, Inc. NASDAQ: FANG ) ("Diamondback"), today announced financial and operating results for the first quarter ended March 31, 2022. FIRST QUARTER 2022 HIGHLIGHTS.

EBITDA 40

EBITDA Equity Start-ups Marketability 40

Musings on Markets

JANUARY 6, 2023

By the same token, it is impossible to use a pricing metric (PE or EV to EBITDA), without a sense of the cross sectional distribution of that metric at the time. For example, I have seen it asserted that a stock that trades at less than book value is cheap or that a stock that trades at more than twenty times EBITDA is expensive.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Benzinga

SEPTEMBER 12, 2022

– Net Proceeds are expected to be used for general corporate purposes including, but not limited to, additional debt repayment and dividend payments –. EBITDA multiple on 2019 results and a $455K per key valuation –. Price implies a blended 2.9% cap rate and 27.0x PHILADELPHIA, Sept.

Dividends 40

Dividends EBITDA Marketability 40

Benzinga

JULY 12, 2022

The transaction is expected to close in the third quarter of 2022, subject to regulatory approvals and other customary closing conditions. On the strength of the contracted cash flows from this acquisition, we are increasing our annual dividend growth guidance to 6% through 2025 from the previous 5%. Acquisition highlights.

Dividends 40

Dividends Finance EBITDA Equity 40

Benzinga

OCTOBER 26, 2022

Adjusted EBITDA and EPS Guidance Affirmed, Outlook Updated to Reflect FX Translation Global Restructuring Expected to Yield $40 Million in Profit Growth in 2023 Balanced Capital Allocation Strategy Includes NoteMachine Acquisition and Continued Share Repurchases. GAAP net income up 1% to $19 M; adjusted EBITDA up 11% to $189 M.

EBITDA 40

EBITDA Dividends Intangible Assets 40

Benzinga

JUNE 6, 2022

DELAWARE, Ohio, June 06, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. If a transaction is completed, it is anticipated that the free cash flow, Adjusted EBITDA and Non-GAAP EPS of Franchise Group would significantly increase. per share in cash.

Dividends 40

Dividends EBITDA Finance 40

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 112

Market Capitalization Enterprise Value Start-ups Marketability 112

Valutico

NOVEMBER 14, 2022

Weekly Valuation – Valutico | 14 November 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 In the first three quarters of 2022 the company generated a net income of €17.3 TotalEnergies SE. Link to detailed valuation.

EBIT 52

EBIT Equity Dividends EBITDA 52

Valutico

NOVEMBER 14, 2022

Weekly Valuation – Valutico | 14 November 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 In the first three quarters of 2022 the company generated a net income of €17.3 TotalEnergies SE. Link to detailed valuation.

EBIT 52

EBIT Equity Dividends EBITDA 52

Benzinga

FEBRUARY 29, 2024

million Adjusted EBITDA of $237.6 million one-time special dividend payment, $59.0 million Adjusted EBITDA of $68.2 million Adjusted EBITDA of $237.6 million one-time special dividend payment, $59.0 million Adjusted EBITDA of $68.2 Full Year 2023 Highlights 1 Revenues of $763.8 million Net Income of $37.3

EBITDA 40

EBITDA Dividends Technology Total Shareholder Return 40

Valutico

MARCH 1, 2023

Recent Financial Performance In the first week of February 2023, BP released its 2022 annual report, boasting the highest net profit in the company’s history of GBP 22.7 (USD Furthermore, the company increased dividends by 10% and announced that it will buy back GBP 2.3 (USD Compared with last year’s net income of GBP 10.3 (USD

Discounted Cash Flow 52

Discounted Cash Flow Net Debt EBIT Equity 52

Valutico

NOVEMBER 28, 2022

Weekly Valuation – Valutico | 28 November 2022. The IPO of ABB’s E-Mobility division was planned for mid-2022 but has been delayed due to unfavorable market conditions. At this level the dividend yield is 2.8%. . Link to valuation. The company already paid over CHF 100 million in settlement in this matter in 2020. .

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Valutico

NOVEMBER 28, 2022

Weekly Valuation – Valutico | 28 November 2022. The IPO of ABB’s E-Mobility division was planned for mid-2022 but has been delayed due to unfavorable market conditions. At this level the dividend yield is 2.8%. . Link to valuation. The company already paid over CHF 100 million in settlement in this matter in 2020. .

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Valutico

JUNE 15, 2023

Additionally, NVIDIA returned USD 99 million in cash dividends to shareholders, exemplifying its financial robustness. Over the course of the year, Nvidia’s stock has witnessed a remarkable appreciation of over 160% since the close of 2022. and Cisco Systems, Inc.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Dividends 52

Benzinga

OCTOBER 24, 2023

million in Horizon Adjusted EBITDA in 2022. 2022 Horizon Adjusted EBITDA multiple net of synergies 2 Approximately $51,000 per fiber route mile Financing Shentel intends to fund the Transaction with a combination of existing cash resources, revolving credit facility capacity and an amended and upsized credit facility.

EBITDA 40

EBITDA Banking Finance Dividends 40

Benzinga

MAY 4, 2023

—Fifth Consecutive Quarter of Gross Margin Expansion— —Industry-Leading Operational Performance at Pre-Pandemic Levels— —34% Growth in Adjusted EBITDA Year-Over-Year— JASPER, Ind., Adjusted EBITDA of $15.4 Adjusted EBITDA of $15.4 per diluted share in the third quarter of fiscal 2022. in the third quarter of 2022.

EBITDA 40

EBITDA Marketability Dividends Equity 40

Benzinga

JUNE 16, 2022

VANCOUVER, British Columbia, June 16, 2022 (GLOBE NEWSWIRE) -- TELUS Corporation ("TELUS") (TSX: T , NYSE: TU ) today announced that it has entered into a definitive agreement with LifeWorks, Inc. Acquisition adds significant scale to TELUS Health, with combined annual revenue of approximately $1.6 The offer price of $33.00

EBITDA 40

EBITDA Net Debt Technology Dividends 40

Benzinga

SEPTEMBER 30, 2022

29, 2022 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. For fiscal year 2022, Worthington's Consumer Products, Building Products and Sustainable Energy Solutions businesses delivered $1.3 Worthington to Discuss Planned Separation and First Quarter 2023 Financial Results on Webcast at 8:30 a.m. COLUMBUS, Ohio, Sept.

EBITDA 40

EBITDA Marketability Dividends Technology 40

Benzinga

JUNE 14, 2023

The Transaction implies a multiple of less than 9x the projected forward Adjusted EBITDA and is immediately accretive, with DCF per share accretion in the mid-teens 4 , 5 , 6. The Dividend Equivalent Payment will be made on the later of the closing date of the Transaction and the date the dividend is paid to holders of Common Shares.

Dividends 40

Dividends Equity Finance EBITDA 40

Benzinga

AUGUST 12, 2024

Enhancing Financial Profile: Expected to be immediately accretive to adjusted net earnings per share 3 with significant further opportunities for Adjusted EBITDA margin 3 enhancement and revenue and cost synergies. million), reflects POWER's estimated 2024 pre-IFRS 16 adjusted EBITDA 3 at a multiple of 15.2x, or 12.5x

Equity Financing 45

Equity Financing EBITDA Finance Equity 45

Benzinga

JUNE 20, 2022

Combined Company targeting a low teen Adjusted EBITDA CAGR through 2023 from a 2021 base of $305 million 1. June 21, 2022 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. Upon closing of the transaction, which is expected in the fourth quarter of 2022, RADA will become a wholly-owned subsidiary of Leonardo DRS.

Technology 40

Technology EBITDA Marketability Dividends 40

Musings on Markets

NOVEMBER 15, 2022

Venture capitalist, raised on a diet of big stories and total addressable markets has little in common with bankers, trained to think in terms of EV to EBITDA multiples and accounting ROIC, and when put in a room together, it should come as no surprise that they find each other's language indecipherable. billion of Facebook's value.

Start-ups 99

Start-ups Marketability Market Capitalization Technology 99

Chris Mercer

APRIL 7, 2023

Important Definitions The Sixth Edition of Shannon Pratt’s Valuing a Business (with the ASA Educational Foundation) was published in late 2022. XYZ is a successful professional services firm with revenues of about $25 million, an EBITDA margin of 16%, and no debt. Let’s refer to the book as Pratt’s Sixth Edition.

Marketability 52

Marketability Fair Market Value Appraisal EBITDA 52

Musings on Markets

JANUARY 28, 2024

That may sound like a corporate finance abstraction, but the cost of capital is a pivotal number that can alter whether and how much companies invest, as well as in what they invest, how they fund their investments (debt or equity) and how much they return to owners as dividends or buybacks.

Risk Premium 121

Risk Premium Beta Start-ups Equity 121

Musings on Markets

FEBRUARY 4, 2023

The company's return on invested capital has steadily declined, even as it has scaled up, hovering just over 3% in 2021-2022. The interest coverage ratio better captures the limited buffer that the company has on its debt load, since the operating income is barely higher than interest expenses. times revenues in the most recent two years.

Start-ups 100

Start-ups Market Capitalization Marketability Equity 100

Musings on Markets

FEBRUARY 23, 2025

Equity is cheaper than debt: There are businesspeople (including some CFOs) who argue that debt is cheaper than equity, basing that conclusion on a comparison of the explicit costs associated with each interest payments on debt and dividends on equity.

Equity 75

Equity EBITDA Risk Premium Gross Debt 75