Sentences with phrase «unlevered firms»

Different unlevered firms have different costs of equity capital because they have different levels of sales volatility, and different degrees of operating leverage.

An unlevered firm in the financial sense still possesses operating leverage and volatility of sales.

Not exact matches

Also, they liked Aeropostale's valuation — the stock was then in the mid 20's — because they thought it gave no credit for Aeropostale's growth prospects and that the company's unlevered balance sheet provided an attractive target to leveraged buyout firms.

Today, investors can expect returns of around 6 percent, on average, for assets in most core sectors and a little bit higher returns for niche sectors, said Andy McCulloch, managing director at Green Street, noting that the firm's return forecasts focus on unlevered returns for long - term holds.