Company Valuation

The ASX 200 logged a series of record highs this week, but rising prices can reflect strong earnings. So, are Aussie shares expensive?

From soaring tech stocks to contrarian picks in beaten-down sectors, the equities panel captured a full spectrum of opportunities.

Commonwealth Bank (ASX: CBA) is trading at a record-high share price of over $132 per share.

Let's put market efficiency to the test by selecting 5 ASX 200 stocks at random and see if their intrinsic value approximates market price.

What is a stock worth? A poem may help: a cow for her milk, a hen for her eggs, and a stock, by heck, for her dividends.

This article delves into the concept of recurring revenue and explains why it may not provide an accurate picture.

I discuss how our intrinsic approach to assessing a company’s worth helps us identify undervalued businesses

Falling apples tell us a lot about market valuations as rates increase

Markets are already meaningfully off from their highs at the start of this year.  Despite that, though, US monetary policy continues to tighten rapidly, with the...

"The market is expensive."  "No, no, you're wrong. The market is cheap now."  We all like to talk about the market in absolutes.   Hell, we're guilty of this...

We have discussed for some time now the 40-year deflationary rate cycle that began in 1981 after the US 10yr bond yield peaked at almost 16% and troughed in the depths...

In case you missed it, the latest episode of Buy Hold Sell looks at 4 of the most widely held small caps on the ASX. Our guests, Ben Rundle from Hayborough and Martin...

Emerging markets are cheap from a comparable valuation perspective. It cannot be disputed that equity valuation in developed markets is high relative to its own...

This wire was written by Amit Nath, Senior Research Analyst with Montaka Global InvestmentsWhen you look at a multiple, it may seem high at first glance. But it is...

Last week was exciting for Tesla — $200 billion in additional value was created from $4 billion of incremental revenue in only five trading days.In summary, here's...

In this wire, I will look to tease out the importance of a business’s return on equity (ROE) and look to shine a light on how this measure of a company’s profitably...

Are stock prices in a bubble that could be pricked at any time – either by rising interest rates, a rapid end to central banks' monetary stimulus or some other...

Recently, we wrote about the return a long-term investor might expect to earn buying Australian listed equities at today’s prices. The note, which can be found here,...

US political strategist James Carville once remarked, “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400...

Investing rulebooks went out the window last year, as pandemic-hit markets plummeted, then rebounded, and share prices rose or fell on little more than sentiment. Take...