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Comparable" valuation methods are a set of methods that use comparable situations to infer the value of a firm. The comparable company method of valuation is one such technique. Comparable valuation methods estimate a firm's value by multiplying a ratio estimated from comparable firms (valuation multiple) times the firm's earnings before interest, taxes, depreciation, and amortization (EBITDA), earnings before interest and taxes (EBIT), revenue, or some other performance measure. This article explains how to adjust the comparable company method for the value of corporate control. A demonstration is presented of the efficiency of the adjusted comparable company method to value a sample of 51 firms involved in highly leveraged transactions. The value of corporate control is embodied in t...
Cupcakes may be addictive, just like cocaine. A growing body of medical research at leading universities and government laboratories suggests that processed foods and sugary drinks made by the likes of PepsiCo and Kraft Foods aren't simply unhealthy. They can hijack the brain in ways that resemble addictions to cocaine, nicotine and other drugs.
BRUSSELS, Dec. 8, 2011 /PRNewswire/ -- The GSMA today released the European edition of its Mobile Observatory series, which provides a snapshot of the latest statistics and market developments, as well as a reference point for interested stakeholders in the mobile industry, including policy makers and regulators. It outlines the state of the industry, including the evolution of competition, innovation in new products, services and technologies and the industry's contribution to social and economic development in Europe. The mobile industry has transformed the way in which we live, work and play by continuously improving and introducing new services and products and creating a more 'connected economy'," said Anne Bouverot, director general, GSMA. "The Observatory's findings show that th...
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
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