Category Archives: valuation

Valero on the road to recovery

Posted on October 26, 2010 by Adib Motiwala

Via Bloomberg, “Valero Energy Corp., the largest U.S. oil refiner, beat analysts’ estimates and reported its second consecutive quarterly profit after rising prices for gasoline and other fuels outstripped the cost of crude. Net income for the quarter was $292 … Continue reading →

Posted in Cyclical, Stock analysis, valuation | Tagged | 3 Comments

Aeropostale (ARO) – Stock Analysis

Posted on September 8, 2010 by Adib Motiwala

Aeropostale, Inc (ARO): Buy Key Statistics Recent Price $ 21.89 Market Cap(million) $ 2,050.00 Enterprise Value (millions) $ 1,750.00 Shares outstanding (millions) 94.55 Average daily volume 3.7 million 52 week low $ 19.10 52 week high $ 32.24 Dividend Yield … Continue reading →

Posted in DCF, Stock analysis | Tagged | 4 Comments

Use of EBITDA in valuation

Posted on July 18, 2010 by Adib Motiwala

This summer I have taken a Private Equity course at the University of Texas at Dallas as part of my MBA coursework. In this course, the instructor employs case based discussions along with industry speakers. In the first few cases, we … Continue reading →

Posted in Tom Russo, valuation | 4 Comments

Lessons from “The Little Book of Behavioral Investing” by James Montier

Posted on July 7, 2010 by Adib Motiwala

Behavioral finance recognizes that there are psychological reasons for all investor decisions. Most seasoned investors will tell you that finding good companies is only part of the investing discipline. The tougher aspects of investing are controlling your emotions ( greed, fear) … Continue reading →

Posted in Behavioral Finance, Ben Graham, Books, Bruce Berkowitz, DCF, George Soros, James Montier, Sir John Templeton, value investing | 2 Comments

GuruFocus.com : Become a better investor by learning from Guru Invesors.

Posted on July 5, 2010 by Adib Motiwala

“A guru (Sanskrit: ????) is one who is regarded as having great knowledge, wisdom and authority in a certain area, and who uses it to guide others (teacher)” – Wikipedia.com GuruFocus.com is a value investing oriented website that focuses on the stock picks, portfolios and … Continue reading →

Posted in DCF, screener, Useful resources, value investing | Comments Off on GuruFocus.com : Become a better investor by learning from Guru Invesors.

Old School Value – Best Valuation spreadsheets

Posted on July 2, 2010 by Adib Motiwala

OldSchoolValue.com has some of the best resources for investors. Jae Jun who runs this excellent website has no formal education in Finance. He started by reading the classic book “The Intelligent Investor” by Ben Graham. From there he kept on … Continue reading →

Posted in DCF, screener, Useful resources, valuation, value investing | Comments Off on Old School Value – Best Valuation spreadsheets

The Dangers of DCF – with an example

Posted on June 8, 2010 by Adib Motiwala

James Montier who is a member of GMO’s asset allocation team (formerly at Societe Generale) had published this excellent piece about “The Dangers of DCF” in 2008. I came across this article last night. These and other excellent articles can … Continue reading →

Posted in DCF, James Montier, Margin of safety, Stock analysis, valuation | Comments Off on The Dangers of DCF – with an example