Benzinga

JULY 26, 2023

Here's what the street has to say about the transformational bank merger. PacWest's tangible book value had been improving since widespread banking issues rocked the industry earlier this year. The question is whether shareholders will approve the deal given the apparent valuation discount the bank accepted, he said.

Banking 52

Banking Price to Earnings Book Value Marketability 52

A Neumann & Associates

OCTOBER 6, 2022

The Mercer Capital study was done on banks, particularly small private banks, because it’s one of the few industries that has both enough available financial information about the banks themselves as well as about the transaction prices – the prices for which the banks were sold. Wilson, Jr.,

Banking 52

Banking Price to Earnings Business Valuation Marketability 52

Andrew Stolz

APRIL 3, 2020

The concept of an LBO transaction is simple – private equity buys a company, fixes it up, repays its debt and then sells the company for a higher price to earn the profit. Senior Bank Debt / EBITDA 3.0x. Senior term bank debt. Mezzanine debt. Seller notes.

Private Equity Firm 52

Private Equity Firm EBITDA Equity Finance 52

IBG Business

SEPTEMBER 11, 2024

Strengthen your ratios: working capital, debt-to-equity, “quick,” price-to-earnings, return on equity, etc. As examples: Make sure your inventory and asset records align with what is physically there.

Start-ups 52

Start-ups EBITDA Equity Price to Earnings 52

Musings on Markets

JULY 1, 2022

The 2008 banking and market crisis caused a drop of almost 50% in 2009, and it took the market almost five years to return to pre-crisis levels. Not only has the implied ERP surged to 6.43% on June 23, 2022, from 4.24% on January 1, 2022, but stocks are now being priced to earn 9.45% annually, up from the 5.75% at the start of the year.

Marketability 99

Marketability Risk Premium Start-ups Equity 99

Equilest

MARCH 17, 2022

This multiple is similar, by analogy, to the PER (Price to Earnings Ratio of listed companies). An example, however, makes it more transparent: Example: let's take a company without financial debts or cash, that is to say, without a loan or bank overdraft or a surplus bank account: it does not pay financial expenses.

Business Valuation 40

Business Valuation EBIT Discounted Cash Flow EBITDA 40

Valutico

MAY 6, 2024

Analysts use financial metrics and multiples such as Price to Earnings (P/E), Price to Book (P/B), Enterprise Value to Sales (EV/Sales), Enterprise Value to EBITDA (EV/EBITDA), and Price to Book (P/B) ratios derived from trading data of similar public companies or deal pricing data of similar M&A transactions.

Discounted Cash Flow 52

Discounted Cash Flow Precedent Transaction Analysis Weighted Average Cost of Capital Comparable Company Analysis 52