Harvard Corporate Governance

OCTOBER 5, 2024

EXECUTIVE SUMMARY Our 2024 Annual Incentive Plan Report provides a comprehensive review of the annual incentive plans of the top 250 largest companies in the S&P 500 by market capitalization. ESG trends are analyzed based on findings from the last 3 years, corresponding with our 2023 and 2022 Use of ESG in Incentive Plans Reports.

Market Capitalization 157

Market Capitalization Marketability 157

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

SEPTEMBER 18, 2023

Posted by Peter Molk (University of Florida), and and Adriana Robertson (University of Chicago), on Monday, September 18, 2023 Editor's Note: Peter Molk is the John H. These deviations amount to over $60 billion in discretionary investment decisions, roughly equivalent to Target Corporation’s entire market capitalization.

Market Capitalization 225

Market Capitalization Marketability 225

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

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 144

Market Capitalization Equity Marketability 144

Musings on Markets

JANUARY 21, 2023

No matter how you slice it, there is no denying that 2022 was the worst year for US equity investors since 2008, and the magnitude of the damage is even more staggering, if you consider it in market value terms. trillion in market capitalization, but for balance, it is also worth noting that US equities are still holding on to a gain of $6.9

Equity 93

Equity Risk Premium Start-ups Dividends 93

Harvard Corporate Governance

AUGUST 7, 2023

Larcker (Stanford University) , on Monday, August 7, 2023 Editor's Note: Brian Tayan is a researcher with the Corporate Governance Research Initiative and David F. Posted by Brian Tayan and David F. Larcker is the James Irvin Miller Professor of Accounting, Emeritus, at Stanford Graduate School of Business.

Equity 230

Equity Market Capitalization Technology Marketability 230

Harvard Corporate Governance

OCTOBER 23, 2024

The Survey summarizes market practices at 200 large publicly traded companies across all industries (referred to herein as the “Meridian 200”). These companies have median revenues and market capitalizations of $24.8B and $41.0B, respectively, making them a representative sample of the S&P 500. more…)

Market Capitalization 111

Market Capitalization Marketability 111

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

Value Scope

DECEMBER 1, 2023

Formula 1 in Las Vegas: The Race That Hopes You Don’t Sleep Brent Shockley, Director at ValueScope November 17, 2023 Formula One /1 racing returns to Las Vegas this weekend for the first time in over 40 years. The Las Vegas Grand Prix is the next to last F1 race on the 2023 circuit. for those in the U.S. The subsidiary reports $2.8

Start-ups 130

Start-ups EBITDA Business Valuation Market Capitalization 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 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.

Risk Premium 52

Risk Premium Dividends Start-ups EBITDA 52

Musings on Markets

OCTOBER 12, 2023

On the alternative energy front, as money has flowed into these companies, there has been a surge in enterprise value (equity and net debt) and market capitalization (equity value); I report both because impact investing can also take the form of green bonds, or debt, at these companies. in the 2011-2023 time period.

Market Capitalization 103

Market Capitalization Enterprise Value Start-ups Marketability 103

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

Law 360 M&A

FEBRUARY 27, 2023

Dar Global announced on Tuesday that it has completed London's largest listing so far in 2023 at a market capitalization of $600 million, with Norton Rose Fulbright guiding the Dubai-based real estate development company.

Market Capitalization 52

Market Capitalization Marketability 52

Value Scope

NOVEMBER 3, 2023

The dropping of the Twitter brand name In October 2023, Musk announced that X was dropping the Twitter brand name. Blackberry, the once dominant player in the smartphone market, failed to adapt to the evolution of touchscreen technology and app ecosystem in favor of physical keyboards and its web browser.

Business Valuation 130

Business Valuation Start-ups Market Capitalization Marketability 130

Global Finance

JUNE 18, 2024

In the second half of 2023 the Indian equity market crossed the $4 trillion mark and is currently valued at $4.9 trillion as per the National Stock Exchange of India, pushing Hong Kong aside to become the world’s fourth largest stock market by market cap, behind Japan, China and the US.

Marketability 105

Marketability Equity Start-ups Banking 105

Benzinga

APRIL 6, 2022

billion in market capitalization, $7.4 EV/EBITDAR multiple on our 2023 estimates,” according to BofA Securities. JetBlue Airways Corporation (NASDAQ: JBLU ) has made a $33 per share offer for Spirit Airlines Incorporated (NYSE: SAVE ), which equates to $3.7 billion in enterprise value and “a 7.3x

Enterprise Value 52

Enterprise Value Market Capitalization Marketability 52

Musings on Markets

FEBRUARY 27, 2023

In this post, I will focus on corporate debt in 2023, keeping in mind that it was a year where the tradeoffs changed, as interest rates rose to pre-2008 levels, and putting at risk those firms that had borrowed to capacity, or even beyond, at low interest rates.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Musings on Markets

JANUARY 8, 2022

Regional Breakdown My data sample for 2022 includes every publicly traded firm that is traded anywhere in the world, with a market capitalization that exceeds zero. That said, there will be difference in timeliness on different data variables, largely based upon whether the data comes from the market or from financial statements.

Risk Premium 99

Risk Premium Start-ups Market Capitalization Corporate Finance 99

Musings on Markets

JUNE 23, 2023

As the semiconductor business has acquired heft, in terms of revenues and profitability, investors have priced those operating results into the market capitalization assigned to these companies. Note that NVIDIA, the subject of this post, was eighth on the list in 2023, and has remained at that ranking from 2010.

Start-ups 103

Start-ups Marketability Market Capitalization Technology 103

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 97

Banking Equity Start-ups Treasury 97

Valutico

JUNE 26, 2023

Devon Energy Corporation Weekly Valuation – Valutico | June 26, 2023 Link to the valuation About the company Devon Energy Corporation, based in Oklahoma City, is a prominent player in the energy industry known for its commitment to oil and natural gas exploration and production. Earthstone Energy, Inc. and Northern Oil and Gas, Inc.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Dividends 52

Benzinga

SEPTEMBER 3, 2024

With a market capitalization of $4.8 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% billion, the average volume of shares traded in the last three months was 0.4 per share, which indicates a 15.8% billion, implying 6.2%

Market Capitalization 52

Market Capitalization Equity Marketability 52

Benzinga

DECEMBER 6, 2023

The CSHG Real Estate platform is one of the most relevant players in the Brazilian REIT market, ranking top 5 in market share and investing across a diverse range of market strategies including Logistics, Retail, Office and Receivables. GRAND CAYMAN, Cayman Islands, Dec.

Dividends 52

Dividends Market Capitalization Marketability 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.

Discounted Cash Flow 52

Discounted Cash Flow Marketability EBIT Market Capitalization 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

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.

Start-ups 132

Start-ups Marketability Market Capitalization Equity 132

Valutico

JUNE 9, 2023

Weekly Valuation – Valutico | June 9, 2023 Link to the analisys About the company Philip Morris International, headquartered in New York, is one of the leading global tobacco companies, known for its premium portfolio of products.The company boasts five of the top 15 cigarette brands globally, including the #1 brand, Marlboro.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Musings on Markets

OCTOBER 6, 2023

A more tangible way to see why intangibles have become a hot topic of discussion is to look at the evolution of the top ten companies in the world, in market capitalization, over time: In 1980, IBM was the largest market cap company in the world, but eight of the top ten companies were oil or manufacturing companies.

Intangible Assets 125

Intangible Assets Book Value Equity Start-ups 125

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 In comparison to Sea’s market capitalization of $29.8 Disclaimer.

Discounted Cash Flow 52

Discounted Cash Flow Market Capitalization Equity Start-ups 52

Musings on Markets

MAY 7, 2023

The other is that by tying cashflows to capitalization, it allows us to bring in that same factor into risk and costs of equity, with under capitalized banks have higher costs of equity. at the end of 2022 to 0.94 in May 2022.

Banking 82

Banking Price to Book Dividends Book Value 82

Valutico

JULY 25, 2023

Meta Platforms Inc Weekly Valuation – Valutico | July 25, 2023 Link to the valuation Inside Meta Meta Platforms Inc., Stock Market Implications Meta Platforms’ stock has been recovering steadily, now just 20% below its September 2021 peak. With Q2 2023 revenue forecasted at $31.0B, marking a ~7.6%

Discounted Cash Flow 10

Discounted Cash Flow EBIT Start-ups EBITDA 10

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

Valutico

FEBRUARY 21, 2023

Weekly Valuation – Valutico | 21 February 2023 Link to valuation About Alphabet Alphabet Inc. The company is one of the world’s largest companies with a market capitalization of $1.34 In comparison to Alphabet’s market capitalization of $1,210 billion we suggest that the company is undervalued.

Discounted Cash Flow 52

Discounted Cash Flow Technology EBIT Market Capitalization 52

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. In comparison to Marriott market capitalization of USD 52.9 on April 20, 2022.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Musings on Markets

SEPTEMBER 11, 2023

With Netflix leading the way on original content, this has translated into a jump in movies being made, as can be seen in the graph below, from an annual average of 367 movies a year, in the United States, between 2000 and 2012 to 1200 movies a year between 2013 and 2023. million between 2013 and 2023.

Start-ups 80

Start-ups Market Capitalization Marketability Technology 80