Valutico

AUGUST 16, 2022

While the current market capitalisation was USD 1.42 The trading comparables approach confirms this view with the median EV/EBITDA, EV/EBIT and P/E multiples applied to the 2023 forecasts producing a valuation range of USD 600 million to USD 1.1 Result: Overvalued for everyone except Amazon but likely Undervalued for Amazon.

EBIT 59

EBIT EBITDA Equity Marketability 59

Valutico

OCTOBER 17, 2022

This led to a market cap of €78 billion after the IPO, which is higher than the current market capitalization of its parent company Volkswagen AG (€72 billion). . In the fo rmer, we compared Porsche with peers such as BMW, Mercedes-Benz, Ferrari and Ford using thethe EV/EBITDA and the EV/EBIT multiples.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Equity EBITDA 52

Valutico

NOVEMBER 28, 2022

billion with EBIT margin increasing to 16.6% The IPO of ABB’s E-Mobility division was planned for mid-2022 but has been delayed due to unfavorable market conditions. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1 In comparison to ABB’s market capitalization of CHF 56.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Valutico

NOVEMBER 28, 2022

billion with EBIT margin increasing to 16.6% The IPO of ABB’s E-Mobility division was planned for mid-2022 but has been delayed due to unfavorable market conditions. Currently the company is trading at CHF 30 per share with a market capitalization of CHF 56.1 In comparison to ABB’s market capitalization of CHF 56.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Valutico

APRIL 24, 2023

billion, driven by lower interest expense and lower non-cash impairment losses, offset by lower Adjusted EBITDA, an accrual related to the securities class action lawsuit, and higher supply chain and commodity costs. Adjusted EBITDA decreased 5.8% billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Valutico

APRIL 24, 2023

billion, driven by lower interest expense and lower non-cash impairment losses, offset by lower Adjusted EBITDA, an accrual related to the securities class action lawsuit, and higher supply chain and commodity costs. Adjusted EBITDA decreased 5.8% billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA Net Debt EBIT 52

Valutico

DECEMBER 19, 2022

Anheuser-Busch InBev, a Belgium-based beer brewing and distribution giant operating in the global market, has an impressive portfolio of over 500 beer brands including Budweiser, Becks, Stella Artois and Corona. The company also was able to increase its EBITDA by 6.5% with an overall EBITDA margin of 35.2%. in non-beer products.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

DECEMBER 19, 2022

Anheuser-Busch InBev, a Belgium-based beer brewing and distribution giant operating in the global market, has an impressive portfolio of over 500 beer brands including Budweiser, Becks, Stella Artois and Corona. The company also was able to increase its EBITDA by 6.5% with an overall EBITDA margin of 35.2%. in non-beer products.

Discounted Cash Flow 52

Discounted Cash Flow EBITDA EBIT Market Capitalization 52

Valutico

SEPTEMBER 22, 2023

There are three primary approaches under which most valuation methods sit, which include the income approach, market approach, and asset-based approach. The market approach compares the company to similar publicly traded businesses, or those recently sold or involved in some transaction. How Do I Value a Business?

Discounted Cash Flow 52

Discounted Cash Flow Intangible Assets Book Value Asset-based Approach 52

Valutico

JUNE 1, 2023

Recent Financial Performance In Q1 2023, Marriott exceeded market expectations with gross lodging fees reaching USD 1.13 billion and an EBITDA of USD 1.09 billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. In comparison to Marriott market capitalization of USD 52.9

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

MAY 24, 2023

Connecting NGL supply across the Mid-Continent, Permian, and Rocky Mountain regions to vital market centers, Oneok plays a pivotal role in the country’s energy industry. 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. billion to USD 32.3

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Capital Structure 52

Valutico

NOVEMBER 21, 2022

The company has the goal to consistently grow its market share and ultimately reach sales of $200 billion in the next few years. This target should be accomplished by increasing the market share not only in their consumer segment but also by selling more products to professionals. . Share Price Performance. Valutico Analysis.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

NOVEMBER 21, 2022

The company has the goal to consistently grow its market share and ultimately reach sales of $200 billion in the next few years. This target should be accomplished by increasing the market share not only in their consumer segment but also by selling more products to professionals. . Share Price Performance. Valutico Analysis.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JUNE 26, 2023

Share Price Performance The company has a market capitalization of more than $32 billion, however, its share price is still down roughly 30% from highs set last year. billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. In comparison to Devon Energy market capitalization of USD 31.7

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Dividends 52

Valutico

FEBRUARY 8, 2023

After following the rest of the market down during the early Covid-19 period, the share price steadily increased, achieving an all time high of $250 per share in July 2021. The Trading Comparables analysis resulted in a valuation range of $257 billion to $296 billion by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Equity EBITDA 52

Equilest

MARCH 17, 2022

In practice, professionals rely on several results, assessed at different levels of the income statement: - the gross operating surplus (EBIT or EBITDA) - net operating surplus (ENE or EBIT) - the Current Result Before Tax (RCAI) - Net Income (NR) - Self-Financing Capacity (CAF) or operating cash flow. EBITDA and EBIT).

Business Valuation 40

Business Valuation EBIT Discounted Cash Flow EBITDA 40

Valutico

JUNE 9, 2023

Recent Financial Performance Despite the challenging market conditions, Philip Morris has recently demonstrated a resilient financial performance. billion to USD 108 billion by applying the observed trading multiples EV/Sales, EV/EBITDA, EV/EBIT and P/E. Their Q1 2023 results exceeded expectations, reporting USD 1.38

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

FEBRUARY 21, 2023

The company is one of the world’s largest companies with a market capitalization of $1.34 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.

Discounted Cash Flow 52

Discounted Cash Flow Technology EBIT Market Capitalization 52

Valutico

JUNE 15, 2023

Emphasizing the company’s robust market performance, Nvidia’s market capitalization has hit the USD 1 trillion milestone, joining the elite league of tech behemoths such as Apple and Amazon. Reflecting strong Q1 2023 performance and favorable market trends, NVIDIA’s current share price stands at USD 430.39.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Dividends 52

Valutico

OCTOBER 28, 2022

Alibaba is a Chinese technology company, participating in the local and international e-commerce, cloud and the digital media markets. We used the observed trading multiples EV/EBITDA, EV/EBIT and P/E of a group of similar listed peers for our Trading Comparables analysis, arriving at a valuation range of $193 billion to $237 billion.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization EBITDA 52

Valutico

DECEMBER 4, 2023

Stock Market Implications In the recent past, most notably in 2020 and 2021, Netflix experienced considerable growth in the stock market. billion to USD 150 billion, by utilizing observed metrics such as EV/EBITDA, EV/EBIT, and P/E ratios. Due to the COVID-19 shutdowns in 2020, new subscriptions increased dramatically.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Start-ups EBITDA 52

Valutico

JULY 25, 2023

Stock Market Implications Meta Platforms’ stock has been recovering steadily, now just 20% below its September 2021 peak. 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. With Q2 2023 revenue forecasted at $31.0B, marking a ~7.6%

Discounted Cash Flow 10

Discounted Cash Flow EBIT Start-ups EBITDA 10

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. In comparison to Boeing’s market capitalization of $127 billion we suggest that the company is fairly valued. billion to $150 billion.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JANUARY 9, 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. In comparison to Starbucks’ market capitalization of $120 billion we suggest that the company is slightly overvalued. . billion to $118 billion.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

JANUARY 9, 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. In comparison to Starbucks’ market capitalization of $120 billion we suggest that the company is slightly overvalued. . billion to $118 billion.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

MAY 18, 2023

Share Price Performance IBM has seen a positive return of almost 20% in the past two years, largely due to favorable market trends and the normalization of monetary policy, which benefited value stocks in particular. In comparison to IBM market capitalization of USD 114 billion we suggest that the company is undervalued.

Discounted Cash Flow 52

Discounted Cash Flow EBIT Dividends EBITDA 52

Valutico

JANUARY 5, 2023

Tencent Holdings has experienced ups and downs in the stock market over the past five years. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. In comparison to Tencent’s market capitalization of HKD 3,070 (USD 386.6) Share Price Performance.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

NOVEMBER 14, 2022

This strong financial performance is also reflected in the stock market as TotalEnergies is currently trading at €57 per share, which is a year-on-year increase of roughly 30%. At TotalEnergies’ current market capitalization of €148 billion, our analysis suggests that the company is undervalued.

EBIT 52

EBIT Equity Dividends EBITDA 52

Valutico

JANUARY 5, 2023

Tencent Holdings has experienced ups and downs in the stock market over the past five years. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. In comparison to Tencent’s market capitalization of HKD 3,070 (USD 386.6) Share Price Performance.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

JANUARY 5, 2023

Tencent Holdings has experienced ups and downs in the stock market over the past five years. billion to HKD 3,905 (USD 501) billion, by applying the observed trading multiples EV/EBITDA, EV/EBIT and P/E. In comparison to Tencent’s market capitalization of HKD 3,070 (USD 386.6) Share Price Performance.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Technology 52

Valutico

NOVEMBER 14, 2022

This strong financial performance is also reflected in the stock market as TotalEnergies is currently trading at €57 per share, which is a year-on-year increase of roughly 30%. At TotalEnergies’ current market capitalization of €148 billion, our analysis suggests that the company is undervalued.

EBIT 52

EBIT Equity Dividends EBITDA 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

Valutico

MARCH 1, 2023

The Trading Comparables analysis resulted in a valuation range of GBP 98 (USD 199) billion to GBP 137 (USD 166) billion by applying the observed trading multiples EV/EBITDA, EV/EBIT, P/E and P/B. In comparison to BP’s market capitalization of GBP 101 (USD 122) billion we suggest that the company is slightly undervalued.

Discounted Cash Flow 52

Discounted Cash Flow Net Debt EBIT Equity 52

Valutico

NOVEMBER 7, 2022

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. . By combining these two approaches we arrive at a fairly wide valuation range of €15.6 billion to €44.9

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

NOVEMBER 7, 2022

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. . By combining these two approaches we arrive at a fairly wide valuation range of €15.6 billion to €44.9

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Market Capitalization 52

Valutico

OCTOBER 21, 2022

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 With a current market cap of PLN 12.2 Our DCF WACC analysis resulted in a valuation of PLN 10.7 billion ($2.2 billion), by applying a WACC of 9.9 %. billion ($2.2 billion ($2.5

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Marketability 52

Equilest

NOVEMBER 25, 2023

These examples cover a range of topics, including discounted cash flow (DCF) analysis, comparable company analysis (CCA), and market multiples. Continuous Learning in Valuation Given the dynamic nature of financial markets, continuous learning is essential for professionals in valuation. What is Free Cash Flow to Equity?

Discounted Cash Flow 52

Discounted Cash Flow Dividends Enterprise Value Terminal Value 52