In the aftermath of COVID-19, inflation has reached 40-year highs in the U.S. It may take some time for the Federal Reserve to get inflation under control, and there are questions on whether long-term inflation expectations have risen permanently. The Russia-Ukraine War is placing additional pressure on global prices. In this session, we will discuss:
After completing this session attendees will be able to:
In this session you will be provided a study of special dividends by public companies, to show that unforeseen liquidity increases value in both the short and long term. We will then review the impact that such information provides in showing the opposite - that a lack of liquidity causes a decrease in company value. It's a different and defensible means to arrive at a Discount for Lack of Marketability (DLOM).
The growth rate for a firm's revenues is a critical and controversial input in valuation. It is important to identify the relevant drivers of growth for the industry and quantify the impact of changes in each driver on the overall growth rate. We present our analysis identifying the drivers and measuring their impact on individual industry groups.
This session will identify the seven tasks to: