Essays about: "price multiples"

Showing result 1 - 5 of 13 essays containing the words price multiples.

  1. 1. Financing the Nordic Energy Transition: An Empirical Analysis of Leverage, Pricing and Return Expectations in Renewable Energy Transactions

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Franziska Grünthaner; [2023]
    Keywords : Buyouts; Leverage; Valuation; Renewable Energy; Infrastructure Investment;

    Abstract : This study examines whether leverage and pricing in transactions of renewable energy infrastructure assets are impacted by the same factors that have been found to determine financial structures in buyout transactions. It primarily draws on a proprietary data set of 261 wind and solar photovoltaic (PV) transactions in the Nordics between 2011 and 2023 and explores the effect of acquirer-, asset-, and industry-specific characteristics as well as time-varying variables on leverage, pricing and return expectations. READ MORE

  3. 2. “Cheap" property holding stocks: Opportunity of a lifetime or too good to be true? - An empirical test of investment strategies based on stock price / EPRA NAV multiples for Swedish property holding stocks.

    University essay from Göteborgs universitet/Graduate School

    Author : David Goldner Yhlen; Erik Tobisson; [2020-07-01]
    Keywords : EPRA; EPRA NAV; NAV; property holding firms; real estate firms; efficient market hypothesis; behavioral finance; deferred tax; fair value accounting; law of one price; IFRS; IAS 40 investment property; portfolio; Value stocks; growth stocks; investment strategy;

    Abstract : This thesis tests the reliability of EPRA NAV (European Public Real estate Association Net Asset Value) as a measure for stock prices in property holding firms. The law of one price dictates that the price of a listed asset should equal the price of a private asset, however, this is not the case for property holding firms as the stock prices deviate from the EPRA NAV. READ MORE

  4. 3. Drivers of Share Price Movements When Earnings are Negative: A Study on SaaS Companies

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Hadir Hanna; Mabast Baban; [2020]
    Keywords : Software-as-a-Service; Share Price; Valuation Multiples; EPS; Investor Sentiment;

    Abstract : This paper examines the drivers of share price movements for Software-as-a-Service (SaaS) companies for the period 2014-2019 by including financial fundamentals and valuation multiples in a regression analysis. The primary purpose of this paper is to provide valuable findings for practitioners to base their investment decisions upon when investing in SaaS companies. READ MORE

  5. 4. The Gladiators of the OMXSPI : What are the key drivers trailing the durable performance?

    University essay from Linköpings universitet/Företagsekonomi; Linköpings universitet/Filosofiska fakulteten

    Author : Jakob Cullhed; Fredrik Olsson; [2019]
    Keywords : OMXSPI; top performers; stock price; drivers; P E; EV EBITDA; multiples;

    Abstract : Background and problem: The impact on the stock market of macroeconomic factors have been analyzed in several earlier studies. These are forces constantly changing and thereby they contribute to changing the supply and demand of stocks. READ MORE

  6. 5. Relative and Discounted Cash Flow Valuation on Swedish Listed Companies : How applicable are the methods to companies in different industries?

    University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

    Author : Simon Otterberg; August Zetterberg; [2019]
    Keywords : corporate finance; finance; valuation; discounted cash flow; multiples; relative valuation; free cash flow to firm;

    Abstract : The purpose of this thesis is to look at how the two widely used valuation approaches Free Cash Flow to Firm and Relative valuation can contribute to the explanation of market prices of shares. The study also aims to investigate if it is possible to find any significant differences between industries, while using the two valuation methods. READ MORE