The Big Picture

MARCH 18, 2023

The firm has ~$100 billion in assets under management. Over that period, expensive companies outperformed not on price but because they out-executed and grew more in terms of earnings, sales, and cash flows. This week, we speak with Cliff Asness , co-founder and managing partner at AQR Capital Management.

Retirement 310

Retirement Management Sales Investing 310

Validea

NOVEMBER 15, 2024

Investment Criteria: Company Fundamentals Must generate at least $340 million in annual sales Excludes technology sector investments Must demonstrate positive earnings for 5 consecutive years Balance Sheet Requirements Current ratio must exceed 2.0

Valuation 52

Valuation Assets Sales Portfolio 52

Validea

APRIL 26, 2025

Ticker Company Name Value Investor Price Market Cap ($mil) PE Ratio Price/ Sales Relative Strength Price/ Book Price/ Cash Flow Dividend Yield Long-Term EPS Growth BCC BOISE CASCADE CO 100 $95.51 $3,633 10.0 Take a Free Trial Today! Here are the top 10 stocks using Validea’s Benjamin Graham strategy for April of 2025. 3.3% -5.4%

Valuation 52

Valuation Engineering Assets Investing 52

Validea

MARCH 20, 2025

Ticker Company Name Value Investor Price Market Cap ($mil) PE Ratio Price/ Sales Relative Strength Price/ Book Price/ Cash Flow Dividend Yield Long-Term EPS Growth BCC BOISE CASCADE CO 100 $100.36 $3,807 10.5 Take a Free Trial Today! Here are the top 10 stocks using Validea’s Benjamin Graham strategy for March of 2025. 3.6% -5.3%

Valuation 52

Valuation Debt Management Assets Investing 52

Dear Mr. Market

APRIL 2, 2025

We break down and assign each of the four regions with an asset class and then pick teams (stocks) that we think have the best chance at doing well relative to others. Historically, this bracket has been dominated by the tech sector, but after years of outsized gains, big tech valuations are stretched.

Investments 78

Investments Investing Valuation Advertising 78

Darrow Wealth Management

AUGUST 28, 2023

The sale of a business marks a major life event. With many sellers relying on the sale to fund their retirement and lifelong financial goals, getting it right from the start is critical. Getting professional help is key here as trying to negotiate a sale directly with a buyer might be short-sighted.

Sales 97

Sales Estate Planning Wealth Advisor Taxes 97

Trade Brains

APRIL 9, 2023

We will cover different types of ratios like valuation ratios, profitability ratios, liquidity ratios, efficiency ratios, and debt ratios. Valuation ratios are relative and are generally more helpful in comparing the companies in the same sector (apple to apple comparison). EV/EBITDA This is a turnover valuation ratio.

Valuation 98

Valuation Assets Sales Numbers 98

Harness Wealth

MARCH 27, 2025

There are many reasons for LP sales, but some include an LP seeking liquidity or an exit from a fund thats underperforming. Other reasons involve changes in investment strategy, portfolio rebalancing, or a simple desire to exit a specific asset class. tax law that imposes a tax on foreign investors’ gains from the sale of U.S.

Taxes 52

Taxes Tax Planning Assets Compliance 52

Harness Wealth

APRIL 16, 2025

Key takeaways Tax planning impacts every facet of an acquisition, from initial valuation to post-closing integration, with early strategic decisions potentially saving millions in future tax liabilities. Asset deals In asset deals, purchase price allocation among asset categories is crucial, as each has its own tax implications.

Taxes 52

Taxes Tax Planning Startup Compliance 52

Validea

MARCH 13, 2025

His model is both conservative and disciplined, focusing on balance sheet strength and attractive valuations. Adequate Company Size (Sales $1 Billion) Large, established businesses are typically less risky and more stable than smaller, unproven firms. Example : A P/B ratio of 1.3 combined with a P/E of 11.1

Valuation 52

Valuation Investing Investments Portfolio 52

The Big Picture

SEPTEMBER 25, 2024

. ~~~ About Jeremy Schwartz: Jeremy Schwartz is Global Chief Investment Officer of WisdomTree, leading the firm’s investment strategy team in the construction of equity Indexes, quantitative active strategies, and multi-asset Model Portfolios. They go on sale and you want to take the opportunity to buy. panic-type sales.

Investing 173

Investing Investments Portfolio Assets 173

Validea

JANUARY 18, 2025

and their net current assets must exceed their long-term debt. Valuation metrics provide the final filter. Ticker Company Name Price Market Cap ($mil) P/E Ratio Price/Sales Relative Strength Price/Book Price/Cash Flow Dividend Yield Long-Term EPS Growth CEIX CONSOL Energy Inc. Strong balance sheets are essential. 70.00 $2,500 8.5

Valuation 52

Valuation Investing Investments Banking 52

Diamond Consultants

JUNE 1, 2023

Here are 3 valuation scenarios to address that curiosity. Focus Financial Partners, the largest investor in the independent space, is being taken private at a $7B valuation. Prolific RIA acquirer CI Financial recently monetized a stake in their business at a $5B valuation. Those are some eye-popping numbers.

Valuation 98

Valuation Recruitment Retirement Distribution 98

Validea

AUGUST 17, 2022

No matter what metric you looked at, the peak valuations for growth stocks in mid-2021 were extreme. This is a chart of the valuation of the most expensive decile of our investable universe using the Price/Sales ratio. But even after that decline, the overall valuation remains about 30% above its average for the full period.

Valuation 78

Valuation Sales CFP Investing 78

James Hendries

AUGUST 23, 2022

Existing home sales fell 5.9% Existing home sales plummet but inventory stays low. Existing home sales fell 5.9% Although the rate of sales is slowing dramatically, the market is still short on supply of homes. At the current sales rate, it would take roughly three months to clear inventory [Figure 2].

Marketing 98

Marketing Marketing Sales Economy 98

Darrow Wealth Management

DECEMBER 5, 2022

Unlike regular stock sales, when giving stock, there’s no capital gain. If you itemize your deductions, you can take a charitable deduction for the fair market value of the asset, up to 30% of adjusted gross income (AGI) for federal taxes. Donor-advised funds charge fees and privately held assets require a valuation.

Taxes 104

Taxes CFP Wealth Management Valuation 104

Trade Brains

SEPTEMBER 21, 2024

The company is planning a massive IPO worth ₹10,000 crore, which is set to be the largest initial share sale by a public sector company in India. Canara Bank – Canara Robecco AMC Canara Bank is set to make waves in the asset management sector with the planned IPO of its mutual fund arm, Canara Robeco Mutual Fund.

Banking 111

Banking Financial Services Insurance Assets 111

James Hendries

MARCH 13, 2023

Instead, we got a shockingly fast collapse of a financial institution with over $200 billion in assets, which turned the market’s focus toward the stability of the banking system and what systemic risks banks might be facing. But valuations strongly favor value over growth. The S&P 600 small cap index has returned about 1.5%

Assets 52

Assets Marketing Marketing Asset Allocation 52

The Big Picture

MARCH 20, 2024

Full transcript below. ~~~ About this week’s guest: Jim O’Shaughnessy, former chairman and founder of O’Shaughnessy Asset Management (now part of Franklin Templeton) and author of the New York Times bestselling book, “What Works on Wall Street” — the first quantitative investing book available to the general public.

Investing 162

Investing Investments Portfolio Valuation 162

Darrow Wealth Management

MARCH 31, 2023

A key part of the process from a financial standpoint is dividing the assets. Generally, couples split the value of their assets 50-50 (though not always). But that doesn’t mean the actual assets are just split down the middle, and some assets are much more favorable from a tax perspective than others.

Financial Planning 104

Financial Planning Planning Estate Planning Assets 104

Trade Brains

NOVEMBER 18, 2023

It could also be a device assembly, platform, or application that is produced as a product for sale through software development or a manufacturing process. When we look closely at its Balance Sheet we realise that Trade Receivables are its biggest Asset constituting 21.27% of the total Balance Sheet. 2 Price Band Rs.

Engineering 115

Engineering Assets Clients Manufacturing 115

Cornerstone Financial Advisory

MARCH 18, 2024

Retail sales, also reported on Thursday, were disappointing, rising less than expected and adding to the inflation angst. Existing Home Sales. It should not be considered a solicitation for the purchase or sale of the securities. The IRS defines a capital asset as “most property you own for personal use or own as an investment.”

Marketing 105

Marketing Marketing Taxes Economics 105

Darrow Wealth Management

JULY 25, 2022

For employees with stock options or owned shares, it may be time to reassess your sale strategy and expectations. Particularly for employees of companies that IPO’d last year, valuations have fallen significantly. Especially for early employees or founders, you likely still have large gains despite current valuations.

Marketing 105

Marketing Marketing Valuation Risk Tolerance 105

MarketWatch

APRIL 19, 2023

million related to balance-sheet repositioning including the sale of some assets and loan reclassifications. Given this backdrop, we believe WAL’s valuation is compelling.” After the closing bell on Tuesday, Western Alliance also reported first-quarter earnings of $1.28 a share, below the analyst estimate of $1.95 Chiaverini.

Banking 75

Banking Valuation Insurance Taxes 75

Carson Wealth

APRIL 8, 2024

Pockets of attractive valuations exist despite above-average valuations in some high-profile areas of the market. Net margins show the percentage of top-line sales/revenues that become earnings (profit) after expenses. Globally, the same methodology can be applied to broad equity asset classes relative to the global index.

Marketing 96

Marketing Marketing Valuation Economy 96

Ron A. Rhodes

MAY 31, 2023

stocks that possess a low relative valuation, as determined by price-earnings, price-book, price-sales, and/or or… What is the “Price” (Value) Factor? Simply stated, a diversified basket of “value” stocks (i.e.,

Valuation 59

Valuation Sales Assets Investing 59

Validea

APRIL 25, 2024

In his 2005 research paper titled “Separating Winners from Losers among Low Book-to-Market Stocks using Financial Statement Analysis,” accounting professor Partha Mohanram laid out a strategy for finding promising growth stocks trading at attractive valuations. ROA and 10.7% ROA and 13.2% ROA and 13.2%

Advertising 52

Advertising Investing Investments Manufacturing 52

Validea

OCTOBER 2, 2024

Key Criteria of the Graham-based Model: Sector and Size: Excludes technology stocks, which Graham considered too speculative Requires minimum trailing 12-month sales of $340 million (adjusted for inflation from Graham’s original $50 million threshold) Financial Strength: Current ratio (current assets / current liabilities) must be at least 2.0

Investing 52

Investing Investments Valuation Assets 52

Trade Brains

APRIL 3, 2023

At a supermarket, both glamorous and cheap products (on sale) are available. It totally depends on the buyer behaviour whether he’ll buy a well packaged expensive product or will choose an undervalued product on sale. There’s also a long version of the valuation concept written by the same author, named Valuation by Damodaran.

Investing 98

Investing Investments Valuation Education 98

Truemind Capital

JULY 19, 2024

Several factors were common between the two markets: robust corporate earnings growth, expected cuts in interest rates and a shift in investor expectations from a valuation-led phase to an earnings-led phase. We continue to hold 7-10% exposure to Southeast Asian markets due to attractive valuations and improving growth prospects.

Financial Market 52

Financial Market Asset Allocation Marketing Marketing 52

Validea

OCTOBER 11, 2024

Key Criteria of the Graham-based Model: Sector and Size: Excludes technology stocks, which Graham considered too speculative Requires minimum trailing 12-month sales of $340 million (adjusted for inflation from Graham’s original $50 million threshold) Financial Strength: Current ratio (current assets / current liabilities) must be at least 2.0

Valuation 52

Valuation Assets Sales Portfolio 52

Darrow Wealth Management

SEPTEMBER 7, 2023

Unfortunately, for those tax savings to materialize, the post-IPO stock price at sale must be considerably more than the pre-IPO valuation at exercise. Most companies go public at their highest historical valuation. This is a way for the shares to fund the exercise without dipping into your diversified assets/cash reserves.

Wealth Management 85

Wealth Management Taxes Tax Planning Valuation 85

Discipline Funds

AUGUST 4, 2023

Retail sales have slowed to 0.5%. Our All Duration approach is specifically designed to help people match liabilities with specific assets across very specific time horizons so as help people get away from this sort of binary thinking. The environment is so strange that there’s a narrative for pretty much everyone.

Financial Planner 98

Financial Planner Banking Taxes Economics 98

The Big Picture

JULY 19, 2022

Michael Lewis’ Liar’s Poker’s good guys was one of my sales contacts there. You mentioned in the beginning of the book lower asset yields and richer asset prices have pulled forward future returns. ILMANEN: It’s always good to think of starting yields and valuation sort of two sides of the same coin.

Investing 130

Investing Investments Valuation Portfolio 130

Validea

JULY 31, 2024

over past 3-5 years Strong return on assets for a financial company Patient Investor (Warren Buffett) Model: 100% Score The stock also impresses our Buffett-inspired approach: Predictable earnings growth over the past decade Healthy average return on equity of 15.2% over 10 years Manageable debt levels Projected 10-year return of 16.8%

Valuation 52

Valuation Sales Banking Investing 52

Validea

AUGUST 29, 2024

By identifying stocks that satisfy both Buffett’s and Lynch’s criteria, investors can potentially find high-quality companies with strong fundamentals and attractive valuations. well below the 40 threshold for fast-growing companies No long-term debt Inventory growth (13.76%) slower than sales growth (19.2%) 2.

Valuation 52

Valuation Assets Banking Retail 52

Validea

OCTOBER 25, 2024

shows growth at a reasonable price Inventory to sales has decreased from 14.54% to 12.73% year-over-year, indicating efficient operations Strong EPS of $4.99 Price/Sales ratio of 0.46, well below the 1.5 year-over-year) Improving asset turnover from 1.01 Strong EPS growth rate of 34.4%

Assets 52

Assets Valuation Sales Management 52