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The equity rally in Asia doubtless has a valuation driver at work, too, especially after an 18 percent fall last year.
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"If an investor is willing to pay 595p for Sainsbury on property considerations then on the same valuation drivers, Morrison should be trading on 383," said Dresdner.
The main valuation drivers.
"These are the company's key valuation drivers".
Valuation is the main driver.
Morningstar analyst Anil Daka says ITT's cheap valuation was likely a driver for the breakup.
Standard financial models may be used in such cases but as supplements to capability design, rather than as the primary drivers of valuation.
Here, a choice experiment explores drivers of valuation and willingness to pay for forest carbon services in voluntary markets in Mexico by comparing the valuation of citizens from four regions to test geographical preference for projects (n = 645).
For chief executives, by contrast, "valuation" is the "most common driver of conflict," followed by burn rates and exit strategies, according to the survey.
It's one driver of the valuation — the future potential that there are many more customers searching for a banking alternative.
The Series D funding round does not yet an EU unicorn make, though he says valuation was not "the key driver" for the round.
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