Interaction effects were more relevant with the contingent ranking model, suggesting that CV is a more limited approach in a context of multiple valuation.
His studies investigate various issues related to fundamental and relative (price multiple) valuation, corporate and personal taxes, market efficiency, reliability and relevance of financial disclosures, corporate finance, and financial institutions.
"We used multiple valuation methods.
On a PE multiple valuation it calculates to 15x on his fiscal 2016 EPS projection.
While the S&P 500 may not be at its lowest multiple valuation, small-cap growth stocks may be.
We have three decades of experiencing managing across multiple valuation cycles which gives us some perspective when valuation is moving against us.
Meta-analyses have been carried out on the valuation of various functions of water resources, focusing either on the use of single or multiple valuation techniques.
The pace of activity overcame various macro challenges to PE dealmaking, including competition from strategic acquirors, high-multiple valuations and, in the fourth quarter, rising interest rates and disruption in the high-yield and leveraged loan markets.
This case provides students with opportunities to discuss shareholder activism, the interaction between a company growth strategy and business model and its valuation, discounted cash-flow valuation analysis, multiples valuation, transaction-based valuation, and company valuation by parts.
However, there are likely several other influences on choices such as from habitual stimulus-response or Pavlovian associations, which we will not consider in this review (see Balleine & O'Doherty, 2010 or Rangel et al., 2008, for further discussion of the role of multiple-valuation systems during decision making).
