Sentences with phrase «capital allocation decision»

Buying back shares — like any other capital allocation decision — only makes sense if the value you're getting exceeds the price you're paying.
On the other hand, buybacks take the capital allocation decision out of one's hands and leave it to the MD / FD's discretion.
The act of buying back shares of stock is a separate capital allocation decision, regardless of the reason why you're buying those shares.
«We find it hard to argue with the accelerated pace of subscriber additions as the conceptual proof of its capital allocation decision, and we also expect the Street to continue to underwrite the investments,» Ju said.
It should be no surprise that many countries in the late stages of their own investment - growth «miracles» have tried this kind of transformation, but none has ever managed so radical a change within its financial sector quickly enough, at least in part because the capital allocation decision is at the heart of distributional politics.
Buffett and Charles T. Munger, 94, Berkshire Hathaway's vice chairman, will continue in their current positions, including being responsible for significant capital allocation decisions and investment activities.
The advisory firm says Cation has put forward a «reasonably compelling case» for board change to allow better capital allocation decisions, enhance profitability and ensure appropriate alignment of executive compensation.
Management uses financial statements to make capital allocation decisions — ideally, they want to maximize the growth of their highest - profiting departments
GE is a company with businesses we have always admired, but we have previously questioned the stock's valuation and management's focus on returns when making capital allocation decisions.
Value traps can also arise where management is misaligned with investors and / or makes poor capital allocation decisions.
Most importantly, management seeks to maximize per - share asset value with its capital allocation decisions and has shunned the «growth at all costs» mentality prevalent at many peers.
General Electric (GE) is a company with businesses we have always admired, but we have questioned the stock's valuation and management's focus on returns when making capital allocation decisions.
Technology companies can grow quickly (in the case of Apple) making capital allocation decisions around growth versus profit challenging.
Past mining managements made poor capital allocation decisions.
Proxy advisory firm ISS said the dissident «has made a reasonably compelling case for some change to the incumbent board to facilitate improvements to capital allocation decisions, to enhance profitability and to ensure appropriate alignment of executive compensation.»
Though capital allocation decisions are not captured perfectly in any one metric, many books argue that businesses that consistently achieve a high return on capital measured as either ROA, ROE, ROIC are more likely to display a history of good capital allocation decisions; particularly important is it that one's return on capital is consistently higher than one's cost of capital (WACC), cf. Find the Best Stocks for further information.
They now must make capital allocation decisions, a critical job that they may have never tackled and that is not easily mastered.»
They know how to make intelligent capital allocation decisions.
Some topics we address are: business and industry trends, the competitive environment, financial goals, and capital allocation decisions.
My approach to these things is probabilistic; the lack of share buybacks in Q3 leads me to reassess upward the probability that future (and perhaps past) capital allocation decisions will be (or have been) poor.
The Board's non-dividend capital allocation decisions have also frequently seemed rash, and been dilutive to stockholder value.
Again, the market's response should obviously guide future capital allocation decisions...
In a harder - edged attack, cash flows into index funds have been blamed for pushing the prices of a few favored stocks up to astronomical levels, distorting markets and making indefensible capital allocation decisions.
My interpretation or recent corporate events is that value realization for holders of ENZN is nearer than ever, and I'm a bit more comfortable as I feel that capital allocation decisions are now in the hands of experienced capital allocators.
The study offers a sophisticated tool to investors to align their capital allocation decisions with the company's exposure to climate risks.
Capital allocation decisions at auto companies are made years in advance, so presumably these businesses factored projected high fuel prices into their budgeting determinations.
Catalina is well versed in valuations for start - ups, forecasting and budgeting, working capital management, capital allocation decisions, shareholder / partner rights, investment returns and benchmarks, and financial analysis.
Again, as I noted in the beginning, management tends to be very biased towards spending profits for its own ends and calling it long - term thinking; I don't think it's the worst thing in the world when investors insert some more accountability into capital allocation decisions.

Not exact matches

Both Buffett and Munger will continue handling major capital allocation and investment decisions, including acquisitions, for Omaha, Nebraska - based Berkshire, though they have reduced their responsibilities in recent years with their increasing age.
Both will continue handling major capital allocation and investment decisions, including acquisitions, for Omaha, Nebraska - based Berkshire, which Buffett has run since 1965.
Personal Capital also shows your current stock allocation to allow you to make easier rebalancing decisions.
We have some concerns over the way the company calculates ROIC — especially with its decision to exclude certain stock - based compensation — but it's still encouraging that the company rewards executives for superior capital allocation.
The corporate trend has been towards smaller more focused companies that can make specific strategic decisions and better capital allocation plans rather than being obscured by the overall mass of the parent company.
Sales Mergers Acquisitions Transfers to family members & employees Employee Share Ownership Plans (ESOP's) Capital raising Debt financing Capital allocation for investment decisions Shareholder agreements
During a typical day, a significant portion of my time is spent navigating investment decisions and the allocation of capital.
Included in the PowerPoint: a) Scarcity, Choice and Opportunity Cost - The Fundamental Economic Problem - The Meaning of Scarcity and the inevitability of choices at all levels (individual, firms, govt)- The basic questions of what will be produced ow and for whom - The Meaning of the term «Ceteris Paribus» - The Margin and Decision Making at the Margin - Sort run, long run, very long run b) Positive and Normative Statements - the distinction between fact and value judgements c) Factors of Production - the rewards to the factors of production: land, labour, capital and enterprise - Specialization and division of labour d) Resource Allocation in Different Economic Systems and Issues of Transition - decision making in market, planned and mixed economies - the role of the factor enterprise in a modern economy e) Production Possibility Curves - shape and shifts of the curve - constant and increasing opportunity costs f) Money - functions and characteristics in a modern economy - barter, cash and bank deposits, cheques, near money, liquidity g) Classification of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods as the outcome of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past examDecision Making at the Margin - Sort run, long run, very long run b) Positive and Normative Statements - the distinction between fact and value judgements c) Factors of Production - the rewards to the factors of production: land, labour, capital and enterprise - Specialization and division of labour d) Resource Allocation in Different Economic Systems and Issues of Transition - decision making in market, planned and mixed economies - the role of the factor enterprise in a modern economy e) Production Possibility Curves - shape and shifts of the curve - constant and increasing opportunity costs f) Money - functions and characteristics in a modern economy - barter, cash and bank deposits, cheques, near money, liquidity g) Classification of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods as the outcome of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past examdecision making in market, planned and mixed economies - the role of the factor enterprise in a modern economy e) Production Possibility Curves - shape and shifts of the curve - constant and increasing opportunity costs f) Money - functions and characteristics in a modern economy - barter, cash and bank deposits, cheques, near money, liquidity g) Classification of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods as the outcome of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past exam papers.
This level of backlog is replicated across the country and is a direct result of the decisions taken by Michael Gove to cut capital allocations by up to 80 % from 2010 onwards.
Long term capital allocation is probably easier decision for Castrol & Asian Paints so investors are willing to assign higher multiples.
Some mis - allocation of capital decisions must be tolerated too.
J.P. Morgan's Long - Term Capital Market Assumptions help investors and advisors around the world make better strategic asset allocation decisions to achieve their long - term investment goals.
Granted, I always had a pretty dim view of TOT's capital allocation strategy anyway... but this must surely be the most bone - headed management decision I've seen in a long time.
And it is this higher probability of poor capital allocation, and by extension possibly higher probability of overall poor management decisions (possibly associated with accounting treatments), that leads me to eliminate the security from my portfolio.
I was just mulling over a similar concern about Markel's buyback program which seems to be constant and targeted at offsetting dilution from their compensation plan and how un» business - like» that decision and pattern of behavior is and how that should shape my understanding of their capital allocation and general acumen.
Capital allocation and risk analyses, including developing dynamic discounted cash flow / real options models for investment decisions, risk analyses and project financing
«With this decision has come some pain, but we think this is the right way to think about capital allocation,» Goss said.
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