Sentences with phrase «valuation methodology where»

Companies within the investment universe are subject to a standardised «sum of the parts» valuation methodology where financial statements are forecast forward three years to reach a mid-cycle or sustainable level of earnings, margins and returns.

Not exact matches

We'll provide a more full discussion of where we went wrong with these stocks at a later date, but suffice it to say for present purposes that all were errors from the second bullet point in the Greenbackd's valuation methodology section above (i.e. overly optimistic estimates for the recovery rates of assets in liquidation).