Musings on Markets

JULY 17, 2023

I am not a market prognosticator for a simple reason. I am just not good at it, and the first six months of 2023 illustrate why market timing is often the impossible dream, something that every investor aspires to be successful at, but very few succeed on a consistent basis. That pessimism was not restricted to market outlooks.

Marketability 98

Marketability Risk Premium Start-ups Treasury 98

Harvard Corporate Governance

OCTOBER 22, 2024

This report covers the three-year period from 2021 to 2023, and includes the following: Company-wide annual grant rates, measured based on annual share usage and fair value transfer. Analyzing FVT in relation to company market capitalization and revenue helps organizations evaluate the financial impact of their share-based compensation plans.

Market Capitalization 147

Market Capitalization Equity Marketability 147

Musings on Markets

NOVEMBER 1, 2023

As the price dropped below $200 today (October 30,2023), I decided that it was time for me to revisit and revalue the company, taking into account the news, financial and other, that has come out since my last valuation in January 2023, and to understand the dueling stories that are emerging about the company.

Start-ups 124

Start-ups Marketability Market Capitalization Equity 124

Musings on Markets

JANUARY 17, 2024

Heading into 2023, US equities looked like they were heading into a sea of troubles, with inflation out of control and a recession on the horizon. In that post, I noted that if inflation subsided quickly, and the economy stayed out of a recession, stocks had upside, and that is the scenario that played out in 2023.

Risk Premium 79

Risk Premium Start-ups Equity Treasury 79

Global Finance

JUNE 18, 2024

Several of the domestic companies looking to IPO this year are global private-equity backed where early investors are looking to cash out. In the second half of 2023 the Indian equity market crossed the $4 trillion mark and is currently valued at $4.9

Marketability 105

Marketability Equity Start-ups Banking 105

Cooley M&A

JANUARY 30, 2024

As we look ahead to the 2024 proxy season (and beyond), let’s review the key 2023 trends and developments from activism playbooks, with a sharp focus on the ever-changing landscape in the technology and healthcare sectors. 4] Activists won 134 board seats globally in 2023, a 30% increase from 2022. Momentum building for 2024?

Market Capitalization 52

Market Capitalization Equity Marketability Total Shareholder Return 52

Musings on Markets

OCTOBER 12, 2023

The effect of impact investing in the inclusionary and exclusionary paths is through the stock price , with the buying (selling) in inclusionary (exclusionary) investing pushing stock prices up (down), which, in turn, decreases (increases) the costs of equity and capital at these firms. in the 2011-2023 time period.

Market Capitalization 112

Market Capitalization Enterprise Value Start-ups Marketability 112

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. In January 2023, I ended up with 47,913 publicly traded firms in my sample , with the pie chart below providing a geographic breakdown. Cost of Equity 1. Cost of Capital 3.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Reynolds Holding

OCTOBER 21, 2024

What GameStop put on display was how much has changed—in technology and business models—since 2005 when we last comprehensively updated our equity market rules. The markets have moved to overwhelmingly trade electronically, with transaction volume in listed equities tripling in the last 17 years. [3]

Equity 45

Equity Marketability Start-ups Treasury 45

Musings on Markets

MAY 5, 2023

In March 2023, the fall of Silicon Valley Bank shocked investors not only because it was unforeseen, but also because of the speed with which it unfolded. That failure has had a domino effect, with Signature Bank falling soon after, followed by Credit Suisse in April 2023 and by First Republic last week.

Banking 98

Banking Equity Start-ups Treasury 98

Value Scope

NOVEMBER 3, 2023

The Value of X X, formerly Twitter, is now valued at $19 billion, according to the company’s employee equity compensation plan. The dropping of the Twitter brand name In October 2023, Musk announced that X was dropping the Twitter brand name. Several factors may have contributed to the valuation drop.

Business Valuation 130

Business Valuation Start-ups Market Capitalization Marketability 130

Reynolds Holding

JANUARY 23, 2024

2023 delivered a banner year for investor recoveries, as the $7.9 In this ISS Insights post, ISS Securities Class Action Services, an industry pioneer and expert in global claims filing, portfolio monitoring, and research solutions, will highlight the largest settlements achieved during the year 2023. was also up 18% from 2022.

Banking 59

Banking Private Equity Firm Alpha Compliance 59

Musings on Markets

JANUARY 5, 2024

Since I am lucky enough to have access to databases that carry data on all publicly traded stocks, I choose all publicly traded companies, with a market price that exceeds zero, as my universe, for computing all statistics. Return on Equity 1. Equity Risk Premiums 2. Return on (invested) capital 2. Return on Equity 2.

Dividends 105

Dividends Risk Premium Equity Book Value 105

Musings on Markets

OCTOBER 6, 2023

In this post, I will look at another initial public offering, Birkenstock, that is likely to get more attention in the next few weeks, given that it is targeting to go public at a pricing of about €8 billion, for its equity, in a few weeks.

Intangible Assets 126

Intangible Assets Book Value Equity Start-ups 126

Benzinga

SEPTEMBER 3, 2024

With a market capitalization of $4.8 Return on equity in the trailing 12 months is currently 31.7%, which is higher than the industry's average of 20.9%. increase from the 2023 figure. Shares of Euronet Worldwide, Inc. NASDAQ: EEFT ) have gained 23.6% in the past year compared with the industry's 21.6%

Market Capitalization 52

Market Capitalization Equity Marketability 52

Valutico

JANUARY 17, 2023

Weekly Valuation – Valutico | 17 January 2023. The company has a leading position in the Southeast Asian market with their e-commerce platform Shoppee and their gaming offers by Garena. Sea currently has a market capitalization of $29.8 The Flow-to-Equity analysis produced a value of $28.1 Link to valuation.

Discounted Cash Flow 52

Discounted Cash Flow Market Capitalization Equity Start-ups 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

MARCH 28, 2023

UBS Group AG Weekly Valuation – Valutico | 28 March 2023 Link to the valuation Context In recent days, the financial markets have experienced increased turmoil, causing growing concerns about financial stability. As a result, they have been pouring into money market funds at the highest rate since the COVID pandemic began.

Banking 52

Banking Dividends Equity Marketability 52

Valutico

MARCH 20, 2023

HSBC Holdings plc Weekly Valuation – Valutico | 20 March 2023 Link to the valuation Context The past weeks, the financial market was rattled by the collapse of Silicon Valley Bank, the go-to bank for tech startups, serving half of America’s venture capital-backed tech firms. billion and deposits of around GBP 6.7 (USD

Dividends 52

Dividends Banking Equity Market Capitalization 52

Benzinga

SEPTEMBER 6, 2023

06, 2023 (GLOBE NEWSWIRE) -- Web3 Ventures (the " Company ") is excited to announce its recent acquisition of 24,084 Series A-1 Preferred Stock of Unstoppable Domains Inc. (" Unstoppable Domains ") from Pluto 11.11 in exchange for 302,186 multiple voting shares (" MVS Shares ") in the capital of the Company valued at CAD$5.00

Equity 40

Equity Fair Market Value Market Capitalization Marketability 40

Valutico

NOVEMBER 28, 2022

Interogo Holding’s equity strategy fund, the family office Moyreal and Michael Halbherr, chairman of ABB E-Mobility, are participating in the private placement. billion at the IPO which is now planned for the second half of 2023. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Valutico

NOVEMBER 28, 2022

Interogo Holding’s equity strategy fund, the family office Moyreal and Michael Halbherr, chairman of ABB E-Mobility, are participating in the private placement. billion at the IPO which is now planned for the second half of 2023. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 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. by using the Discounted Cash Flow method, specifically our Flow-to-Equity approach, as well as a Trading Comparables analysis.

Discounted Cash Flow 52

Discounted Cash Flow Net Debt EBIT Equity 52

Reynolds Holding

AUGUST 31, 2023

This update discusses shareholder activism activity involving NYSE- and Nasdaq- listed companies with equity market capitalizations in excess of $1 billion and below $100 billion (as of the last date of trading in 2022) during 2022. Announced shareholder activist activity increased relative to 2021.

Market Capitalization 52

Market Capitalization Equity Marketability 52

Benzinga

JUNE 2, 2023

June 02, 2023 (GLOBE NEWSWIRE) -- Seaport Global Acquisition II Corp. The holders of outstanding ABM shares will receive equity in SGII valued at $160 million (subject to adjustments). ABM is focused on supplying domestically-sourced critical minerals, with a particular focus on lithium, to global markets.

Enterprise Value 75

Enterprise Value Market Capitalization Banking Marketability 75

Valutico

APRIL 7, 2023

The estimated cost of the bank’s failure to the Deposit Insurance Fund is about USD 20 billion, and the FDIC will receive equity appreciation rights in First Citizens with a potential value of USD 500 million. by using our Flow-to-Equity simplified approach, as well as a Trading Comparables analysis. and Commerce Bancshares, Inc.

Banking 52

Banking Equity Market Capitalization Finance 52

Musings on Markets

SEPTEMBER 5, 2024

That drop of more than $200 billion in market capitalization in response to what looked like good news, at least on the surface, puzzled market observers, though, as is their wont, they had found a reason by day end.

Marketability 134

Marketability Start-ups Discounted Cash Flow Market Capitalization 134

Valutico

OCTOBER 1, 2022

Founded in 1995, Lockheed Martin Corporation is a Bethesda, Maryland-based aerospace company with a $106 billion market capitalization. . The company published its Q2 2023 financial results this week. to arrive at a valuation of $103 million, almost exactly the current market cap of $106 billion. . A WACC of 5.7%

Discounted Cash Flow 52

Discounted Cash Flow Dividends Market Capitalization Marketability 52

Global Finance

MAY 8, 2024

survey, most banks across APAC increased 2023 tech budgets to boost security, transform data and avoid downtime. billion) acquisition of Citigroup’s regional consumer banking business in 2022 bore fruit in 2023, more than doubling its customer base outside Singapore. Meanwhile, according to an International Data Corp. billion; a 2.3%

Banking 52

Banking Dividends Start-ups Finance 52

Benzinga

MAY 18, 2023

May 18, 2023 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency") (NASDAQ: REG ) and Urstadt Biddle Properties Inc. The combined company is expected to have a pro forma equity market capitalization of approximately $11 billion and total enterprise value of approximately $16 billion. JACKSONVILLE, Fla.

Equity 40

Equity Enterprise Value Dividends Market Capitalization 40

Benzinga

FEBRUARY 15, 2023

15, 2023 (GLOBE NEWSWIRE) -- GoLogiq, Inc. The company believes it meets the quantitative requirements, including net shareholder equity and market capitalization. NEW YORK, Feb. OTC: GOLQ ), a U.S.-based based global provider of fintech and consumer data analytics, has commenced the process of listing on a senior U.S.

Market Capitalization 40

Market Capitalization Marketability Banking Equity 40

Reynolds Holding

JULY 20, 2023

Lastly, it should be noted that on July 17, 2023, BlackRock, Inc. Taking all these developments and more into account, we continue to be of the view that The New Paradigm provides a pragmatic and balanced approach to preserving open market capitalism, while also creating economic prosperity that will benefit all, not just a few.

Market Capitalization 40

Market Capitalization Marketability Equity 40

Musings on Markets

FEBRUARY 2, 2023

Finally, my starting cost of capital of 10.15% reflects the reality that the riskfree rate and equity risk premiums have risen over 2022, and my ending number of 9% is an indication that I expect Tesla to become less risky over time. and 10.9%. It was the reason that I argued at a $1.2

Start-ups 99

Start-ups Risk-free Rate Market Capitalization Marketability 99

Reynolds Holding

NOVEMBER 30, 2023

On November 21, 2023, the staff of the Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance issued eight new Compliance & Disclosure Interpretations (C&DIs), and revised two previously issued C&DIs, relating to the final pay-versus-performance (PVP) disclosure rules adopted last year.

Compliance 40

Compliance Total Shareholder Return Dividends Market Capitalization 40

Benzinga

SEPTEMBER 5, 2024

Based on S&P Capital IQ Pro data as of June 30, 2023, First of Long Island is ranked #4 in Nassau County and #5 in Suffolk County in deposit market share among banks under $100 billion of assets. "We As of June 30, 2024, First of Long Island had approximately $4.2 billion of assets, $3.3 billion of loans, and $3.4

Banking 45

Banking Book Value Marketability Market Capitalization 45

Benzinga

FEBRUARY 27, 2023

− Transaction will create the 4 th largest commercial mortgage REIT with a capital base of $2.8 billion – − Highly synergistic platforms and capital optimization will drive strong earnings per share accretion in 2024 and sustained long-term growth − − Expected value at closing of approximately $787 million − NEW YORK, Feb.

Book Value 40

Book Value Finance Market Capitalization Equity 40

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. The DCF analysis yielded an equity value of USD 125 billion, predicated on a WACC of 10.1%. Netflix Inc. Youtube), Apple Inc. Amazon Prime Video).

Discounted Cash Flow 52

Discounted Cash Flow EBIT Start-ups EBITDA 52