[HTML][HTML] Which multiples matter in M &A? An overview
M Shaffer - Review of Accounting Studies, 2023 - Springer
This paper provides an overview of valuation multiples in mergers and acquisitions advisory.
I review the literature and legal controversies and the theoretical basis for their role. I then …
I review the literature and legal controversies and the theoretical basis for their role. I then …
Stick to the fundamentals and discover your peers
JO Knudsen, S Kold, T Plenborg - Financial Analysts Journal, 2017 - Taylor & Francis
The use of industry as a criterion for selecting peers for multiples-based valuation rests on
the notion that companies operating in the same industry are more likely to share …
the notion that companies operating in the same industry are more likely to share …
[HTML][HTML] On the differential analysis of enterprise valuation methods as a guideline for unlisted companies assessment (I): Empowering discounted cash flow valuation
The Discounted Cash Flow (DCF) method is probably the most extended approach used in
company valuation, its main drawbacks being probably the known extreme sensitivity to key …
company valuation, its main drawbacks being probably the known extreme sensitivity to key …
Emerging market stock valuation: new evidence from Peru
PJA Barbier, KJB Farfán - International Journal of Economic …, 2021 - inderscienceonline.com
There is still a debate regarding which valuation multiples can estimate the price of a stock.
Nevertheless, recent research has not considered previous relevant findings and authors …
Nevertheless, recent research has not considered previous relevant findings and authors …
Price-Earnings multiple as an investment assessment tool in analyzing stock market performance of selected universal banks in the Philippines
AJ Dayag, F Trinidad - International Journal of Research in Business …, 2019 - ssbfnet.com
Abstract Price-Earning Ratio or P/E Multiple is a widely used, straightforward investment
assessment tool in developed countries. However, the method has not been utilized as …
assessment tool in developed countries. However, the method has not been utilized as …
Dividend policy, firms' characteristics and the impact on the Southeast Asian firms' value
A Surwanti, WS Pamungkas - 4th International Conference on …, 2021 - atlantis-press.com
This research aims to analyze the factors determining the dividend policy of the Southeast
Asian non-financial corporate sectors. In this research, the dividend policy of firms in …
Asian non-financial corporate sectors. In this research, the dividend policy of firms in …
Valuation of small to medium sized companies using spatial information: An empirical example from the fruit subsector
P Occhino, M Maté - Spanish Journal of Agricultural Research, 2018 - sjar.revistas.csic.es
Abstract The Discounted Cash Flow (DCF) model, similar to other firm valuation models,
uses temporal information for a firm to forecast future results. However, the lack of temporal …
uses temporal information for a firm to forecast future results. However, the lack of temporal …
Terminal value in SMEs: Testing the multiple EV/EBITDA approach
R Vidal-Garcia, J Ribal - … of Business Valuation and Economic Loss …, 2019 - degruyter.com
This study focuses on answering whether EV/EBITDA multiple of public companies in the
food industry can be useful to obtain the Terminal Value (TV) in the valuation of unlisted …
food industry can be useful to obtain the Terminal Value (TV) in the valuation of unlisted …
Valuation of agrifood SMEs. Lessons to be learnt from the stock market
R Vidal, FJR Sanchis - Spanish Journal of Agricultural Research, 2017 - dialnet.unirioja.es
The European agrifood industry is mostly characterized by small and medium enterprises
(SMEs); as in 2013, SMEs represented 99.13% of the total number of companies. The …
(SMEs); as in 2013, SMEs represented 99.13% of the total number of companies. The …
Contentious Valuations: Accounting Reports as Schelling Points
M Shaffer - Available at SSRN 4633067, 2023 - papers.ssrn.com
This paper advances a new framework for understanding a use case for financial
accounting, as anchoring Schelling points for institutional valuations.'Institutional'denotes …
accounting, as anchoring Schelling points for institutional valuations.'Institutional'denotes …