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Exact(4)
And the average valuation of all portfolio companies on a priced round or exit was $29 million.
Two years out from graduation, the valuation of all portfolio companies was bout $5 million and the average valuation of a priced round or exit was $11 million.
Genuine Parts is a high-quality business with strong growth prospects, and yet the markets continue to assign it a valuation that is below both its long-term average and the average valuation among large-cap companies.
Even though the fund is an early investor, and the average valuation of a TMT portfolio startup at the investment time was less than $8M, it has already generated 11 profitable exits as well as an average annual portfolio growth of 60%.
Similar(56)
The values in column "Estimated prior mean" are calculated by multiplying the average valuation by 2 and dividing by 10.
The average valuation is $1.65 million.
The average valuation in 2007 was double that in 2002-03.
And the company now trades at a steep valuation of about 55 times its 2012 earnings estimate, more than double the average valuation of other global luxury brands.
The average valuation of the currencies in our index (weighted by GDP) has moved from roughly neutral in 2009 to about 15% undervalued against the dollar this year.
For example, currently, the average valuation is $3.8 million.
If we look back at the past 20 years, the average valuation is MUCH, MUCH higher.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com