The spirits industry is a mature, fragmented industry with economies of scale, which is a recipe for consolidation. Large spirits companies have been acquisitive in the tequila segment, particularly ...

A price multiple is any ratio that uses the share price of a company in conjunction with some specific per-share financial metric for a valuation measure.

Companies that report non-controlling interests in their financial statements need careful attention when evaluating the reasonableness of the reported business enterprise values (referred to herein ...

One question that team members at my company, a boutique investment bank that provides merger-and-acquisition and capital-advisory services, have been fielding lately from both current and prospective ...

In the M&A world, valuation multiples are the preferred tool for quickly and transparently assessing company value. They reflect the market and offer guidance for both buyers and sellers. What’s ...

Discover how discounted future earnings are used to estimate a company's size by analyzing forecasted earnings and terminal values, discounted to present value.

Alphabet downgraded to Hold as valuation hits multi-decade highs and FCF yield falls. Click for more on GOOG stock.