Sentences with phrase «valuation based approach»

Not exact matches

«Mr. Wonderful» is notorious for taking a very pragmatic approach to valuation based on multiples, but each industry is different,» Ahmad says.

Our valuation determined a BEV by weighting the income approach at 60 % and the market - based approach at 40 %.

For those who take a valuation - based approach to building a portfolio, that's useful information to take into consideration when determining the appropriate price to pay for an ownership stake.

If it's the case, as some argue, that policymaker approaches around the world are evolving in that direction, then that provides yet another basis for valuations to get pushed higher, just as it provided a basis in our earlier example for a depositor to keep money in a bank despite being paid a paltry rate.

Our valuation methodology is closely based on Benjamin Graham's approach, which he set out in Security Analysis and The Interpretation of Financial Statements.

Great post.i think time horizon and diversification are the key factors from my experience.The passive screenens works best on a basket of companies.if you have picked one or two cheap stocks based on valuation only most of the time they are cheap for the right reason and they turns out to be a value trap.However, on basket approach the averages will take care, so winners will take care of the losers.

Employs a team based approach for top - down sector allocation which incorporates sector fundamentals, relative valuations and interest rate scenario analysis

At Pzena, we believe that the best way to achieve this is by using a disciplined, valuation - based investment approach

Most brokers in Hong Kong still find Forager's valuation - based approach perplexing.

The portfolio construction will be based on thematic approach to bottom up stock picking using the Business, Management and valuation (BMV) model.

The rules - based, proprietary methodology employs a multi-layered risk - controlled approach that seeks to lower concentration among individual stocks and enhance returns by emphasizing companies with favorable diversified risk premia expression, including valuation, momentum, and quality characteristics.

The rules - based proprietary methodology employs a multi-layered risk - controlled approach that seeks to achieve its de-concentration, risk - reduction, and return objectives by selecting companies with favorable diversified risk premia expression, including valuation, momentum, quality, and volatility characteristics.

Thanks — put another way though — if you just buy a portfolio of say low EV / EBITDA (just as an example), and you basically run 100 % exposure on that approach — does history say in expensive markets you plod on with the same or is there a demonstrable benefit in changing exposure based on overall market valuation?

Fortunately, there was such a huge gap between investors» standard P / E-based * approach vs. my own perspective on Applegreen's unique float - driven model & underlying free cash flow - based valuation, that the shares still trade (despite new all - time highs) well shy of my original $ 8.61 Fair Value per share.

Klarman's attitude to liquidation value investment closely accords with our own, and so we've reproduced below the relevant portion of Chapter 8 The Art of Business Valuation in Margin of Safety, in which he provides the basis for making such investments and outlines his approach to assessing liquidation value:

-- My valuation approach pegs the asset management business at 5.95 % of AUM, on an ex-cash basis.

Tweedy Browne provides compelling evidence for the asset - based valuation approach.

Surely you can not simply take an average of the past few years as stated in your valuation given some not - so - minor changes such as the BNSF acquisition, changes in earnings stream due to large investments in GS, GE, etc, etc... To the extent that you base your valuation on reported EPS at all (bad idea as noted above), shouldn't you have a forward looking approach rather than just extrapolating from the past?

I prefer a conservative reserves - based approach to valuation, so this will actually reduce my intrinsic value estimate for the moment — but in return the company receives a $ 20 million completion payment, and obviously there's substantial future value to be realized from 140 M of carry payments (plus another 20 M of contingent payments).

And right from the outset (of TGISVP), I chose to rely on a purely valuation - based approach.

Which just leaves Google — here, I'll average two separate approaches: A growth - based P / E valuation, and a more static / mature P / S valuation.

My question is — do you approach your investments using a single refined valuation approach or on case by case basis?

It discusses the assessment of climate change impacts on forest regulating services using an ecosystem based valuation approach and finally presents the economic valuation exercise, and corresponding monetary estimation results of forest sequestration services in the context of climate change.

A more insightful valuation process for investors is the income approach, where the value is based on an actual or estimated income.

At Blackrock, he developed the «reality - based» loan - level approach to valuation of structured securities transactions, was instrumental in establishing BlackRock Mortgage Investors and setting up the BlackRock distressed mortgage fund, PennyMAC.

Independent valuations and analysis of real estate portfolios and single properties based on state - of - the - art analytical methods and approaches

One advantage of capitalization rate valuation is that it is separate from a «market - comparables» approach to an appraisal (which compares 3 valuations: what other similar properties have sold for based on a comparison of physical, location and economic characteristics, actual replacement cost to re-build the structure in addition to the cost of the land and capitalization rates).