Sentences with phrase «capital at high return»

Value investing, to my mind, attempts to avoid the need for us to be a super forecaster because its fundamental aim is to buy businesses with valuations that impute very dark scenarios for the business and don't require said business to be able to incrementally deploy capital at high return rates for years into the difficult - to - forecast future to justify today's valuation.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

«Turkey's strong STEM universities are churning out high - quality technical talent, and Turkish students from top - tier global schools are keen to return to their bustling hometowns,» says Cem Sertoglu, a partner at Earlybird Venture Capital who invested in Yemek Sepeti and GittiGidiyor.

Given the concentration in Canada's banking sector, it's likely that at least some of the banks will be designated as such, requiring higher capital levels and putting even more pressure on their return on equity.

She then looks at a company's return on invested capital; the higher the ROIC, she says, the higher multiple the stock deserves.

This positive cycle allows them to justify large capital investments in their facilities and provide substantial returns for their shareholders, as share prices for these global companies are at all - time highs.

At a very high level, I'm investing in ventures where I believe we stand a chance of getting our money back within a timeframe we're willing to wait, getting a return on capital (including financial and impact returns), and investing in someone we trust.

In the case of venture funding that shift was massive amounts of non-VC capital in search of higher returns and emulating the successes of Facebook, LinkedIn, Twitter plus the expectation of huge returns at Uber, Airbnb, Dropbox, etc..

Returns are calculated after taxes on distributions, including capital gains and dividends, assuming the highest federal tax rate for each type of distribution in effect at the time of the distribution Past performance is no guarantee of future results.

Peltz also proposed cutting other «excess» costs, adding debt, adopting a more shareholder - friendly policy for distributing cash from CyclicalCo / CashCo, prioritizing high returns on invested capital for initiatives at GrowthCo, and introducing more shareholder - friendly governance, including tighter alignment between executive compensation and returns to shareholders.

Given the risk of early stage investing and venture capital's famously high mortality rate of portfolio companies, it is imperative that fund managers earn high return multiples at these more modest M&A exit values to offset casualties and drive attractive returns.

«Leaving the question of price aside, the best business to own is one that over an extended period can employ large amounts of incremental capital at very high rates of return.»

But See's is a rare business, and as Buffett points out, companies that can reinvest capital at high rates of return are still attractive businesses to own:

When investing with peer - to - peer lending platforms such as LendingCrowd, your actual return may be higher or lower as your capital is at risk.

A guy like Buffett can look at the return on total capital and determine whether all of the money is reinvested in parts of the business with high returns.

Reams of data in recent years demonstrate businesses perform better and returns on investment are higher when women are among a company's executive team and in decision - making positions at venture capital firms.

Even if one is able to attain this best case return target, most retirees will have to learn to live on much lower income than they are expecting, and / or continue working at least part time well into their 70's, and / or start saving a much higher percentage of their income asap so as to increase their savings to the target level of capital needed.

Nominal equity returns in high single digits don't get it done when your cost of capital is in the teens, but even more revealing is looking at the zombie banks in terms of risk - adjusted return on capital or RAROC.

Banks had plenty of deposits (often more than they could loan out), healthier spreads, strong capital ratios, and returns on equity at the best banks were in the mid to high teens.

«Compounders are generally market leaders, with high barriers to entry and high returns on capital, whose intrinsic values are growing at a healthy rate.

American States Water (AWR) trades at 16 times forward earnings estimates, and generates very low returns on invested capital (5.15 % in the trailing 12 month period, which was higher than in any period in the last 10 years.)

High earning yield will tell you that if the share is available at bargain price and high return on capital will reflect if the company is a «profitable&raqHigh earning yield will tell you that if the share is available at bargain price and high return on capital will reflect if the company is a «profitable&raqhigh return on capital will reflect if the company is a «profitable».

I have already discussed in one of my article that how important it is for investors to buy stocks which are trading at high earning yields and has high return on capital (ROC).

They also provide relatively high monthly income because part of the payment is the return of your capital plus the return of capital «from those who died at a younger age than average,» explain Warren MacKenzie and Ken Hawkins in The New Rules of Retirement.

Buffett has repeated often that it is better to buy a wonderful business at a fair price than a fair business at a wonderful price, and Greenblatt tried to capture this mathematically by screening for companies that generated high returns on capital («ROC»).

But to answer your question — very generally speaking — my ideal investment is a great operating business that produces consistent free cash flow and high returns on capital that for some reason trades at 10x earnings or so.

They are valued at 22.0 x and 26.1 x earnings, respectively, with high return on tangible capital but low growth.

Just keep it simple, look for obvious situations that you can understand, and try to find businesses that will grow intrinsic value over time that produce stable free cash flow and high returns on capital that are available at cheap prices.

Tax policy can also influence how companies choose to return cash to shareholders — if dividends are taxed at a higher rate than capital gains, this creates incentives to return cash via buybacks and debt reduction.

The main investment thesis here is you have a company that produces high returns on capital with a long history of stable free cash flow that trades at around 8 times FCF.

Of course there are businesses that can justify premium - to - market valuations on the basis of their ability to incrementally deploy capital at high rates of return, but that subset of businesses is very, very small.

Because the interest you get from bonds is taxed at a much higher rate than the capital gains and dividends you get from stocks, and those extra taxes drag down your returns.

«We like stocks that generate high returns on invested capital,» Warren Buffett told those in attendance at Berkshire's 1995 annual meeting, «where there is a strong likelihood that it will continue to do so.»

Managements are nearly entirely devoted to squabbling over spending money, political fiefdoms, getting the most power or resources, maximizing their options which typically reduce return on capital, buying back stock at high levels (when rationally they should be doing a dilution arbitrage, so that investors who bought at rational levels would receive a positive return of cash provided by those who irrationally buy into bubbles), not buying back stock at low levels (when rationally they should be buying, to arbitrage the other direction), etc..

A moat is what gives a company a competitive advantage which allows it to generate and maintain high returns on capital by keeping competitors at bay.

Then again, there are many risks that Wall Street takes on where the probability of ruin is high enough to happen at least once in a lifetime, but adequate capital is not held because protecting against the meltdown scenario would make the return on equity unacceptable.

The aim of the investment management / research team is to invest in companies which on average have high return on capital invested, are not excessively leveraged, are run by competent and minority shareholder friendly managers and are available at reasonably attractive valuations.

This looks at a special kind of investment: high income producers that return capital.

In India, a similar approach was followed but only for companies that offered high Return on Capital (ROCE) while growing at a healthy pace.

At Socotra Capital, we provide hard money loans that can offer a very high return on investment.

Returns are calculated after taxes on distributions, including capital gains and dividends, assuming the highest federal tax rate for each type of distribution in effect at the time of the distribution Past performance is no guarantee of future results.

Possibly before modern capital markets, there have been some accounts that savings deposits could achieve an annual return of at least 25 % and up to as high as 50 %.

One mistake was that, by focusing on cigar butts selling for low single - digit multiple of earnings or a low price in relation to liquidation value, I missed out buying into higher - quality businesses like Asian Paints and Pidilite, which compounded capital at high rates of return for a long time.

In a good business, i.e. one that is able to reinvest capital at a high rate of return over a long period of time, the results can be dramatic, as seen in the coffee can portfolio.

Returns are calculated after taxes on distributions, including capital gains and dividends, assuming the highest federal tax rate for each type of distribution in effect at the time of the distribution.

It's not great that your money is growing at less than inflation but if you're saving for something like a downpayment on a house I would think that (nominal) capital preservation is probably more important than the potential for a higher return with the associated higher risk.

That's why Greenblatt's thesis of looking at companies with high returns on invested capital is fatally flawed from the get - go, and you see it manifested in his real - world returns.

Then we visit Joel Greenblatt, where he analyzes buying good companies at cheap prices, analyzing them the way an acquirer might do, but also looking for high returns on invested capital.

WMT could earn high returns while also redeploying its capital at the same high returns (high marginal returns to capital) thus funding its growth and compounding capital at high rates for a 20 - year period.

The ability to earn a high return on capital means that the earnings which are not paid out as dividends, but rather retained in the business, are likely to be reinvested at a high rate of return to provide for good future earnings and equity growth with low capital requirement.