Valutico

JUNE 1, 2023

Weekly Valuation – Valutico | June 1st, 2023 Link to the valuation About the company Marriott International, a hospitality giant headquartered in Bethesda, commands a global portfolio of properties known for their exceptional guest experiences. billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JULY 25, 2023

Meta Platforms Inc Weekly Valuation – Valutico | July 25, 2023 Link to the valuation Inside Meta Meta Platforms Inc., With Q2 2023 revenue forecasted at $31.0B, marking a ~7.6% The share price, having grown by 159% in 2023, and a 250% rise from its 52-week low, suggests the market’s faith in a business turnaround.

Discounted Cash Flow 10

Discounted Cash Flow EBIT Start-ups EBITDA 10

Valutico

JULY 7, 2023

Cameco Corporation Weekly Valuation – Valutico | July 7, 2023 Link to the valuation About the company Cameco Corporation, based in Canada, is one of the world’s largest uranium producers, accounting for about 9% of global production. Share Price Performance As of June 22, 2023, Cameco’s closing stock price stands at USD 31.76

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

FEBRUARY 8, 2023

Weekly Valuation – Valutico | 8 February 2023 Link to valuation About Visa Visa is an American payment technology company headquartered in California, offering electronic transactions between merchants, financial institutions, and cardholders, facilitating billions of transactions each year. billion and net income by 6% to $4.2

Discounted Cash Flow 52

Discounted Cash Flow EBIT Equity EBITDA 52

Valutico

MAY 18, 2023

IBM Corporation Weekly Valuation – Valutico | May 18, 2023 Link to the valuation About the company IBM is a global technology company based in New York that specializes in computing solutions, cloud computing, data analytics, and artificial intelligence. billion in free cash flow for the full year of 2023. billion, up 0.4%

Discounted Cash Flow 52

Discounted Cash Flow EBIT Dividends EBITDA 52

Valutico

MAY 24, 2023

Weekly Valuation – Valutico | May 24, 2023 Link to the valuation About the company Oneok Inc., Notably, Oneok is poised to leverage significant benefits from an insurance payment in 2023, forecasting a prosperous outlook for the upcoming year. Share Price Performance Oneok Inc.’s billion using a WACC of 10%.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Capital Structure 52

Valutico

MARCH 9, 2023

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Weekly Valuation – Valutico | 6 March 2023 Link to valuation About LVMH Moët Hennessy – Louis Vuitton LVMH is a Paris-based luxury goods conglomerate. With a market capitalization of €395 billion, it is the most valuable company in Europe. The company made €79.2

Discounted Cash Flow 52

Discounted Cash Flow Marketability EBIT Market Capitalization 52

Andrew Stolz

JANUARY 13, 2022

They expect the company to maintain the increased gross margin and even expand it by 50bps until 2023. EBIT margin is likely to expand significantly through better cost control. We see an EBIT margin around 15% as a maximum for this Ralph Lauren. What does a HOLD mean these days anyways? P&L – Ralph Lauren.

EBIT 52

EBIT Dividends Marketability Business Valuation 52

Valutico

JUNE 15, 2023

NVIDIA Corporation Weekly Valuation – Valutico | June 15, 2023 Link to the valuation About the company NVIDIA Corporation, based in Santa Clara, California, is a leading multinational technology company known for designing state-of-the-art graphics processing units (GPUs) and system on a chip units (SoCs). and Cisco Systems, Inc.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Dividends 52

Valutico

MARCH 1, 2023

Weekly Valuation – Valutico | 1 March 2023 Link to valuation About BP BP, a multinational oil and gas company, headquartered in London, is one of the largest oil and gas producers in the world. Compared with last year’s net income of GBP 10.3 (USD billion, profit increased by an unbelievable 120%.

Discounted Cash Flow 52

Discounted Cash Flow Net Debt EBIT Equity 52

Valutico

APRIL 24, 2023

Kraft Heinz Company Weekly Valuation – Valutico | April 21 2023 Link to the valuation About the company Incorporated in 2015, The Kraft Heinz Company (KHC) is a leading American multinational food company with co-headquarters in Chicago and Pittsburgh. It was formed by merging two renowned entities, Kraft Foods and H.J. Heinz Company.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Valutico

APRIL 24, 2023

Kraft Heinz Company Weekly Valuation – Valutico | April 21 2023 Link to the valuation About the company Incorporated in 2015, The Kraft Heinz Company (KHC) is a leading American multinational food company with co-headquarters in Chicago and Pittsburgh. It was formed by merging two renowned entities, Kraft Foods and H.J. Heinz Company.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Valutico

FEBRUARY 21, 2023

Weekly Valuation – Valutico | 21 February 2023 Link to valuation About Alphabet Alphabet Inc. The Trading Comparables analysis resulted in a valuation range of $1,517 billion to $2,344 billion by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Alphabet Inc.

Discounted Cash Flow 52

Discounted Cash Flow Technology EBIT Market Capitalization 52

Valutico

FEBRUARY 1, 2023

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. The DCF analysis produced a value of $93.5 billion using a WACC of 8.8%. For our Trading Comparables we selected similar peers such as Airbus, Lockheed Martin and General Dynamics.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JANUARY 9, 2023

Weekly Valuation – Valutico | 9 January 2023. The Trading Comparables analysis resulted in a valuation range of $83 billion to $118 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Starbucks Corporation. Link to valuation. About Starbucks Corporation. billion using a WACC of 8%. .

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JANUARY 9, 2023

Weekly Valuation – Valutico | 9 January 2023. The Trading Comparables analysis resulted in a valuation range of $83 billion to $118 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Starbucks Corporation. Link to valuation. About Starbucks Corporation. billion using a WACC of 8%. .

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JANUARY 5, 2023

Weekly Valuation – Valutico | 5 January 2023. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Tencent Holdings Ltd. Link to valuation. About Tencent Holding. The Trading Comparables analysis resulted in a valuation range of HKD 1,752 (USD 221.5)

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

NOVEMBER 7, 2022

From 2023 Adidas will no longer sell products under the Yeezy brand. We came up with this valuation range by using the observed trading multiples EV/EBITDA, EV/EBIT and P/E of peers such as Nike and Puma. . The company now expects a profit of €1.3 billion, significantly lower than the €1.8 billion previously anticipated.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JANUARY 5, 2023

Weekly Valuation – Valutico | 5 January 2023. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Tencent Holdings Ltd. Link to valuation. About Tencent Holding. The Trading Comparables analysis resulted in a valuation range of HKD 1,752 (USD 221.5)

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

JANUARY 5, 2023

Weekly Valuation – Valutico | 5 January 2023. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Tencent Holdings Ltd. Link to valuation. About Tencent Holding. The Trading Comparables analysis resulted in a valuation range of HKD 1,752 (USD 221.5)

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

NOVEMBER 7, 2022

From 2023 Adidas will no longer sell products under the Yeezy brand. We came up with this valuation range by using the observed trading multiples EV/EBITDA, EV/EBIT and P/E of peers such as Nike and Puma. . The company now expects a profit of €1.3 billion, significantly lower than the €1.8 billion previously anticipated.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

OCTOBER 21, 2022

According to analysts from Barclays, this big product pipeline could lead to an additional increase in sales of 13% from 2023 to 2030. Our Trading Comparables analysis, using the multiples EV/EBITDA, EV/EBIT and P/E, indicates a value range of PLN 5 billion ($1 billio n) to PLN 9 ($1.9 Valutico Analysis. billion ($2.2

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Marketability 52

Valutico

DECEMBER 15, 2022

An example of an enterprise multiple: EV/Sales, EV/EBITDA, EV/EBIT and practically all non-financial multiples (e.g. Note that, because the impact of debt (in the form of interest), falls below EBIT on the P&L, typically any metric below that would be an equity metric and any metric above that would be an enterprise metric.

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

DECEMBER 15, 2022

An example of an enterprise multiple: EV/Sales, EV/EBITDA, EV/EBIT and practically all non-financial multiples (e.g. Note that, because the impact of debt (in the form of interest), falls below EBIT on the P&L, typically any metric below that would be an equity metric and any metric above that would be an enterprise metric.

Precedent Transaction Analysis 52

Precedent Transaction Analysis EBITDA Comparable Company Analysis Enterprise Value 52

Valutico

JANUARY 3, 2024

As per the statistics published by Nilson Report in May 2023, the market share of Visa in the total purchase transactions on global general card networks for 2022 was 39% whereas the shares of Mastercard and UnionPay were 24% and 34% respectively. Visa is currently the 11th most valuable company globally in terms of market capitalization.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Start-ups Banking 52

Andrew Stolz

NOVEMBER 28, 2021

However, we expect that the company can turnaround its profitability in 2023. Retained earnings continue to decline in 2022 as Tata is likely to record a net loss again; we expect a turnaround in 2023. Net margin could finally turn positive in 2023. Get financial statements and assumptions in the full report.

Dividends 52

Dividends EBIT Equity Business Valuation 52

Valutico

DECEMBER 4, 2023

Weekly Valuation – Valutico | December 01, 2023 Link to the valuation Inside Netflix Founded in 1997, Netflix, initially a DVD rental service, evolved into a streaming giant by 2007. billion to USD 150 billion, by utilizing observed metrics such as EV/EBITDA, EV/EBIT, and P/E ratios. Netflix Inc. Youtube), Apple Inc.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Start-ups EBITDA 52

ThomsonReuters

MARCH 9, 2023

The maximum health FSAs may allow participants to carry over to 2023 is reduced to $570. Carried-over funds must be used in the first 2½ months of 2023. • But these will not go into effect until 2023. The 100% bonus depreciation stays in effect until January 1, 2023.

EBIT 59

EBIT EBITDA Technology Compliance 59

Benzinga

JULY 26, 2023

ACHESON, Alberta, July 26, 2023 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (" NACG " or the " Company ") (TSX: NOA ) today announced that it has entered into a definitive purchase and sale agreement to acquire (the " Transaction ") MacKellar Group (" MacKellar ") for an estimated $395 million (the " Consideration ").

EBIT 40

EBIT Debt Financing Book Value Finance 40

Andrew Stolz

NOVEMBER 21, 2021

Management forecast the company should return to 10m vehicles by the end of 2023. Competitors like VW and GM only achieve EBIT margin between 5 and 7%. Strong demand from the US and Asia brings car sales almost back to normal by March 2022. All production plants have returned to full capacity. The target might be a bit ambitious.

Dividends 52

Dividends EBIT Treasury Equity 52

Andrew Stolz

JANUARY 19, 2022

The company plans to free up US$1-2bn for M&A purposes through 2023. Aerospace’s EBIT margin of 20.5% Strategic M&A acquisitions to drive top-line growth. Over the past 10 years, Crane completed 13 significant acquisitions. Besides boosting growth, acquisitions help to keep up with technological trends. FVMR Scorecard – Crane.

Intangible Assets 52

Intangible Assets EBIT Market Risk Technology 52

Musings on Markets

JANUARY 5, 2024

EBIT & EBITDA multiple s 5. Thus, when computing my accounting return on equity in January 2024, I will be dividing the earnings from the four quarters ending in September 2023 (trailing twelve month) by the book value of equity at the end of September 2022. Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3.

Dividends 105

Dividends Risk Premium Equity Book Value 105

Harvard Corporate Governance

MARCH 27, 2025

Key Findings Performance: 2024 median financial performance as measured by revenue, earnings before interest and taxes (EBIT), and earnings per share (EPS) was generally flat and consistent with 2023 performance. In 2024, median revenue grew slightly (+1.6%), EBIT grew modestly (+3.9%) and EPS was flat (0.0%).

EBIT 167

EBIT Total Shareholder Return 167

Musings on Markets

JANUARY 10, 2025

Not surprisingly, the company listings are across the world, and I look at the breakdown of companies, by number and market cap, by geography: As you can see, the market cap of US companies at the start of 2025 accounted for roughly 49% of the market cap of global stocks, up from 44% at the start of 2024 and 42% at the start of 2023.

Risk Premium 115

Risk Premium Dividends Start-ups Corporate Finance 115

Valutico

DECEMBER 27, 2022

Oracle Corporation recently announced its fiscal 2023 second quarter results, reporting total quarterly revenues of $12.3 The Trading Comparables analysis resulted in a valuation range of $174 billion to $391 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Recent Financial Performance.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

DECEMBER 27, 2022

Oracle Corporation recently announced its fiscal 2023 second quarter results, reporting total quarterly revenues of $12.3 The Trading Comparables analysis resulted in a valuation range of $174 billion to $391 billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. Recent Financial Performance.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Musings on Markets

FEBRUARY 23, 2025

With only 145 corporate defaults, 2024 was a relatively quiet year, since that number was slightly lower than the 153 defaults in 2023, and the default rate dropped slightly (from 3.6% to3.5%) during the year.

Equity 75

Equity EBITDA Risk Premium Gross Debt 75