The wider that group of investors, too, the more robust the valuation.
While the market has become more robust and active, valuations have remained stable.
Vodafone shareholders might balk at paying way above Vodafone's own beaten-down rating — no matter if that cable's premium valuation reflects more robust growth and predictable cash flows.
"As more people do it, the valuations will become more robust, and people will have more information going into it," he said.
Having said that, when the economy begins to grow at a sustainable, foreseeable rate, leverage will be more attainable, valuations will be more robust and shareholders will want the opportunity to take money off the table, including through larger LBOs.
In conclusion, these policies could be reviewed with the objective of adding water valuation, making programs more robust and attractive to rural producers and other stakeholders.
We believe our results suggest that, if conceived and operationalized in a way that fits the highly uncertain biopharma industry environment, applying at least some elements of the effectuation model to biopharma pipeline valuation may provide a more robust approach to pipeline development strategy for both practice and research.
Smaller transactions, which can attract a more robust number of potential buyers, are sometimes closing at higher valuations, we've heard.
Asset valuation information might even lead to a more robust secondary market to take some of these assets off the government's hands.
But considering the trajectory of financial markets since then, the valuation attached to Digital Sky's trade actually looks even more robust.
