Sentences with phrase «rather than valuations»

Rather than valuations or the dollar, the best case for EM equities ties back to global growth.

Not exact matches

Rather than trying to press his case, he asks for their thoughts on a more reasonable valuation.
To justify its relatively high valuation and fend off concerns about slowing user growth, Snap has emphasized how important Snapchat is to its users, how long they spend on the app and the revenue potential of the emerging trend for young people to communicate with video rather than text.
«What I see a lot of the time is that founders are focused on valuation and vanity metrics rather than thinking about what's going to be best for the business long - term,» he said.
And whenever possible, structure the transaction as a loan rather than equity, so valuation does not become an issue.
Some foreign investors, rather than crunching data on earnings and stock valuations to come up with investment strategies, actively mimicked the actions of China's so - called «national team» — a group of state - backed financial institutions that were tasked with propping up share prices in the height of the market rout.
There have been market rumors that the round would be structured as convertible debt rather than preferred equity, although those rumors also were married to a $ 25 billion valuation.
But an income - based valuation (which looks at this club's historical, rather than potential, earnings) shows it netted only about $ 98,000 last year.
Why didn't he raise them at the beginning rather than require us to get those two valuations
Critics say the proposal is short on technical details, and that Telegram's high valuation is being driven by hype and speculation rather than the value of the technology.
Opportunity: Precise Values is innovative in that we focus on increasing the banks» collections and recovery rather than just providing an accurate valuation.
Your Fidelity Annual Valuation Statement reports your plan's assets on a cash basis rather than an accrual basis.
Your Fidelity Annual Valuation Statement reports your plan's assets on a cash basis rather than on a modified cash or accrual basis.
Today's valuations imply future returns will come from clipping coupons (carry) rather than tightening spreads.
Amazon, categorized as a consumer discretionary name rather than a technology stock, weighed on its sector, which also includes Netflix and which is grappling with the potential for trade conflict and investors» growing impatience with high U.S. stock valuations.
Thus, what matters are relative valuations across assets rather than putting too much emphasis on historical valuations that belonged to a very different economic environment.
Valuation — with regards to valuation of the company at $ 240 per share, this includes valuing the business at $ 216 per share (at 18x our FY 2016 earnings estimate of $ 12 per share) plus net cash per share of $ 24 ($ 150 billion of net cash less the tax effect on international cash for repatriation, which we estimate to ultimately be 6 %, and for simplicity purposes, apply to all cash on balance sheet rather than just the internationValuation — with regards to valuation of the company at $ 240 per share, this includes valuing the business at $ 216 per share (at 18x our FY 2016 earnings estimate of $ 12 per share) plus net cash per share of $ 24 ($ 150 billion of net cash less the tax effect on international cash for repatriation, which we estimate to ultimately be 6 %, and for simplicity purposes, apply to all cash on balance sheet rather than just the internationvaluation of the company at $ 240 per share, this includes valuing the business at $ 216 per share (at 18x our FY 2016 earnings estimate of $ 12 per share) plus net cash per share of $ 24 ($ 150 billion of net cash less the tax effect on international cash for repatriation, which we estimate to ultimately be 6 %, and for simplicity purposes, apply to all cash on balance sheet rather than just the international cash).
We allow that short - term interest rates may be pegged well below historical norms for several more years, and we know that for every year that short - term interest rates are held at zero (rather than a historically normal level of 4 %), one can «justify» equity valuations about 4 % above historical norms — a premium that removes that same 4 % from prospective future stock returns.
The litigation was still ongoing, so Kobayashi was tasked with the challenge of when to sell the coins to protect creditors from losing their full principal, while also giving them a chance to fight for the rightful ownership of the coins rather than cash at bankruptcy valuations.
The YC documents are probably fine in situations where the investor (i) wishes to purchase equity rather than convertible debt, (ii) is otherwise somewhat indifferent on terms other than percentage ownership of the company, liquidation preference and right of first offer in future financings, (iii) is investing at a fairly low valuation (i.e. a couple of million dollars), and (iv) is only investing a small amount (i.e. a couple hundred thousand dollars or less).
This trend does not appear to be supported by stock valuations, but rather by investors searching for income who found these stocks to be cheaper than bonds.
However, I believe that companies are generally better off with convertible debt rather than an equity financing at a low valuation.
Although some strategies employ RV techniques, macro strategies are distinct from RV strategies in that the primary investment thesis is predicated on predicted or future movements in the underlying instruments rather than realization of a valuation discrepancy between securities.
Rather than thinking in terms of valuation and risk, they are focused on the carry they hope to earn because the default environment seems «benign» at the moment.
Significant valuation increases usually occur in discreet steps rather than through smooth linear growth.
«Because the ecosystem has become more transparent you are always competing with other firms,» says Ross Fubini, a partner at Canaan, who adds startups are still likely to choose the best venture capital firm, rather than the highest valuation.
We see market returns being driven by earnings growth, dividends and coupons, rather than rising valuations.
The disciple who can pray, who can depend on God's judgment rather than the world's valuation, will not be at the mercy of popularity or fashion.
Some feel it reflects a negative valuation of human sexuality based on the dualism of Hellenistic thought, which saw salvation as a freeing of the soul from the body, rather than the biblical tradition which affirms the goodness of the whole creation.
The success of corporations is judged by the valuation of their shares on this stock market, and many decisions by corporations are geared to effecting this valuation rather than to improving the long - term health of the corporation.
In that concept, God was devoid of any physical dimension, being rather an entirely conceptual act of valuation of pure eternal objects, that is, of eternal objects in themselves, rather than as actualized in temporal actual entities.
Much has been made over the past two years about valuations, rather than earnings being the key driver of the rally in the local sharemarket.
If Ramsey is demanding 200k per week, is it not cheaper to give it to him on a 4 year contract which will cost us 41,6 million rather than selling him for the 35million Arsenal valuation, buying another midfielder of his calibre for at least 50million who will probably be paid at least 140k per week (total net spend = 50million + 140k x 52 weeks x 4 years minus $ 35million = 44,12 million).
Brentford are open to discussing a new contract with the Spanish playmaker but are prepared to let him see out his current deal rather than sell for less than his valuation.
I'd rather find companies that are consistent, easy to analyze, are highly likely to have higher earnings in the future than they have today, and then buy those stocks at reasonable valuations.
Thus I find his argument regarding specialness of financial company accounting to be bogus — he is just searching for a way to justify valuations off of current earnings, rather than off of longer term measures.
Apruzzese told Barron's that he prefers real earnings yield, or earnings yield minus the rate of inflation, as a valuation metric, rather than P / E ratios.
Let's manually plug that 19.9 ratio into FASTGraphs and see what the valuation looks like if that P / E ratio were used rather than 15.
«Even the rather crude assumption that past average earnings will be repeated in the future may be found a more reliable basis of valuation than some other figure plucked out of the air of either optimism or pessimism.»
Also, we prefer management compensation to be tied to things management / workers can work on, like net operating income or change in book value, rather than stock valuations, which they can't affect much.
To the extent possible, I want to base this on the valuations of professionals rather than my own judgement, since I don't know the company's financial details, and I'm not an experienced investor anyway.
I posed a question a few weeks ago: if Valuation Informed Indexing really is superior (and I had been convinced from this site that it in fact was) then why was I getting higher Year 30 SWRs with 80 % or 100 % stock allocations rather than Switch A or B?
For its valuation metric, Edwards Jones tracks the trailing 12 - month price - earnings ratio and uses the S&P 600 index rather than the Russell 2000.
And you could look at the P / B ratio of 1.3 to determine valuation, but what I do is compare the P / B ratio to the ROE, which essentially values the business using a price to earnings ratio rather than price to book.
We look for those developments that are likely to have a longer - term earnings impact or that could affect stock valuations, rather than those pronouncements that might be reversed tomorrow, and then reversed again the next day.
Buttonwood concludes that higher valuations — determined on an earnings, rather than asset basis — lead to lower returns:
Rather than rely on past averages to forecast future returns, we use a building - block approach that adds current yield, likely long - term growth in income, and some mean reversion in valuation multiples to create forward - looking returns.
Are the current large market leaders enjoying higher stock prices simply because of their position as larger weights in the overall market funds (into which vast sums of money are pouring every month), rather than because they are good profitable companies with fair valuations?
Had Shiller published his research showing that valuations affect long - term returns in 1971 rather than in 1981, the name of the book would have been «A Valuation - Informed Walk Down Wall Street» and we would today be living in the greatest period of economic growth in U.S. history.
We allow that short - term interest rates may be pegged well below historical norms for several more years, and we know that for every year that short - term interest rates are held at zero (rather than a historically normal level of 4 %), one can «justify» equity valuations about 4 % above historical norms — a premium that removes that same 4 % from prospective future stock returns.
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