Francine Way

JULY 18, 2017

For this valuation post, I wanted to talk about a valuation method that is making its way out of academia and into the real world, a method that is gaining popularity in the world of portfolio management. Projected Book Value of Equity at the end of the 15 years = from the proforma balance sheet that we developed in our DCF post.

Valuation 130

Valuation M&A DCF Shares 130

Mergers and Inquisitions

MARCH 13, 2024

Most companies are already profitable, the potential returns are lower, and there’s usually a large secondary component (i.e., Many of these firms use debt to fund deals, and they complete bolt-on acquisitions for portfolio companies. Developing new products or services. What accounts for the difference?

Private Equity 105

Private Equity Equities Capital Portfolio 105

Mergers and Inquisitions

DECEMBER 6, 2023

Beta-Neutral Portfolios: For example, if the S&P 500 goes up or down by 5%, your team’s portfolio should move by ~0%. Factor Requirements: Some teams also structure their portfolios based on “ factors ,” such as quality, momentum, value, etc., These funds are usually multi-strategy as well.

Funds 104

Funds Management Recruitment Portfolio 104

iMerge Advisors

APRIL 9, 2025

Profitability and Margins While some buyers prioritize growth over profits, especially in earlier-stage deals, strong gross and EBITDA margins still matter. Strategic buyers, in particular, will pay more for companies that offer a competitive edge or fill a gap in their portfolio.

Sale 40

Sale Valuation M&A Discounted Cash Flow 40

Mergers and Inquisitions

NOVEMBER 1, 2023

They do not invest in risky biotech startups attempting to cure cancer (at least not within their traditional PE portfolios). Interview Guide : There’s a DCF case study based on Attendo AB, a healthcare facility company in Sweden. in biology. Specifically, in the U.S.,

Private Equity 59

Private Equity Healthcare Equities Middle Market 59

Mergers and Inquisitions

APRIL 19, 2023

Diversified Miners – These companies have a wide global portfolio of mines, and they extract, produce, and distribute just about every metal in the two categories above. Valuation , such as the different multiples used for mining companies and the NAV model in place of the DCF (see below).

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

JULY 19, 2023

Long-Only Hedge Fund Definition: A long-only hedge fund buys securities to earn a profit when they increase in price, and it does not bet against securities by borrowing to sell them in advance; the fund might invest in stocks, bonds, derivatives, structured products, and almost anything else.

Funds 52

Funds Asset Management Management Equities 52