Harvard Corporate Governance

FEBRUARY 1, 2024

Posted by Anna Restuccia (Harvard Law School), on Thursday, February 1, 2024 Editor's Note: This post provides the text of the post-trial opinion regarding the case between Richard J. against Elon Musk, decided by the Delaware Court of Chancery on January 30, 2024. Tornetta on behalf of Tesla, Inc. Varallo, Glenn R. With a $55.8

EBITDA 338

EBITDA Market Capitalization Equity Marketability 338

Harvard Corporate Governance

FEBRUARY 21, 2024

Posted by Sean Feller, Krista Hanvey, and Christina Andersen, Gibson, Dunn & Crutcher LLP, on Wednesday, February 21, 2024 Editor's Note: Sean Feller and Krista Hanvey are Partners, and Christina Andersen is Of Counsel at Gibson, Dunn & Crutcher LLP. The process arrived at an unfair price.” [3]

Equity 229

Equity EBITDA Market Capitalization Marketability 229

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. EBIT & EBITDA multiple s 5. Long term Reinvestment (Cap Ex & Acquisitons) 4.

Dividends 105

Dividends Risk Premium Equity Book Value 105

Value Scope

DECEMBER 1, 2023

billion of annual revenue and $560 million of EBITDA. It’s current market capitalization is approximately $15 billion. The $2 billion Allegiant Stadium opened in 2020 as the home of the NFL’s Raiders franchise and will host Super Bowl LVIII in February 2024. Formula One Group, founded in 1950, was purchased for $4.4

Start-ups 130

Start-ups EBITDA Business Valuation Market Capitalization 130

Reynolds Holding

OCTOBER 10, 2024

On January 30, 2024, the Delaware Chancery Court struck down the award citing poor process and conflicts of interest. Following the ruling, a majority of Tesla shareholders voted once again to ratify the award in June 2024. Earning the final 1/12 th of the award required the market capitalization to reach $650 billion.

Market Capitalization 45

Market Capitalization EBITDA Marketability 45

Valutico

JANUARY 17, 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 Analysts expect this to happen in the 2024 financial year. billion by applying the observed multiple EV/EBITDA for 2024 and EV/Sales.

Discounted Cash Flow 52

Discounted Cash Flow Market Capitalization Equity Start-ups 52

Valutico

MAY 24, 2023

This merger is expected to be earnings accretive from 2024, with projected annual EPS accretion of 3%-7% (2025-2027) and average free cash flow per share growth exceeding 20% (2024-2027). 2022 saw a robust cash and capital structure with a staggering USD 967 million adjusted EBITDA in Q4, up by 14% from the previous year.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Capital Structure 52