Private Equity Professional

AUGUST 8, 2024

.” Incline Equity invests in North America-based companies with enterprise values of $25 million to $750 million. Sectors of interest include services, value-added distribution, and specialized light manufacturing. billion of capital.

Enterprise Values 130

Enterprise Values Capital Portfolios Funds 130

The Motley Fool

OCTOBER 17, 2024

While similar, distributions include a return on capital that is untaxed until the units are typically sold, making them tax-deferred. This is based on its non-consolidated distributable cash flow, which is its cash flow before growth capital expenditures (capex). times average EV/EBITDA multiple between 2011 and 2016.

Enterprise Values 130

Enterprise Values Depreciation Amortization Earnings Before Interest 130

Private Equity Wire

JANUARY 11, 2024

Charterhouse Capital Partners (Charterhouse), a private equity firm focused on investments in mid-market European companies in the services and healthcare sectors with an enterprise value of between €150m and €1bn, has invested in sports marketing company Two Circles.

Companies 98

Companies Private Equity Firms Private Equity Firms Enterprise Values 98

The Motley Fool

AUGUST 12, 2024

Distributable cash flow (DCF) to partners, which is how much cash the company generates before growth capital expenditures (capex) , was $2 billion, up nearly 32% from a year ago. An attractively valued stock Energy Transfer trades at an attractive forward enterprise value (EV) -to-EBITDA multiple of just 7.3x.

Enterprise Values 130

Enterprise Values Debt Returns Capital 130

The Motley Fool

DECEMBER 2, 2024

Meanwhile, it has historically been conservative with its leverage, distribution coverage ratio, and growth capital expenditure (capex) spending. Since 2018, Enterprise has averaged an approximately 13% return on invested capital (ROIC) on its growth projects. Its enterprise-value -to-EBITDA (EV/EBITDA) multiple stands at 10.5,

Debt 130

Debt Enterprise Values Depreciation Assets 130

The Motley Fool

MAY 29, 2024

Enterprise's business model has seen the company consistently grow its distributable cash flow (DCF) per unit (operating cash flow minus maintenance capital expenditures [ capex ]) most years, while keeping it pretty steady during difficult environments, such as when oil prices collapsed during 2014-2016. Image source: Getty Images.

Leveraging 130

Leveraging Taxes Enterprise Values Debt 130

The Motley Fool

MAY 29, 2024

Enterprise's business model has seen the company consistently grow its distributable cash flow (DCF) per unit (operating cash flow minus maintenance capital expenditures [ capex ]) most years, while keeping it pretty steady during difficult environments, such as when oil prices collapsed during 2014-2016. Image source: Getty Images.

Leveraging 130

Leveraging Taxes Enterprise Values Debt 130

The Motley Fool

NOVEMBER 2, 2024

DCF is similar to free cash flow, except that operating cash flow is only reduced by maintenance capital expenditures ( capex ) and not growth capex. Based on its DCF, Enterprise's distribution coverage ratio was 1.7x. Enterprise currently has $6.9 On that front, Enterprise trades at a forward EV/EBITDA multiple of 9.5

Depreciation 130

Depreciation Debt Enterprise Values Amortization 130

The Motley Fool

AUGUST 3, 2024

Its FCF was lower compared to a year ago as the company increased its capital expenditures (capex) on new growth projects. Enterprise slowed down its growth projects during the pandemic but last year started to ramp them up once again. plus multiple between 2011 and 2016 when the companies were generally in worse financial shape.

Depreciation 130

Depreciation Leveraging Enterprise Values Amortization 130

The Motley Fool

JUNE 23, 2024

Last quarter, Enterprise had a robust distribution coverage of 1.7 times based on its distributable cash flow (DCF), which is its operating cash flow minus maintenance capital expenditures (capex). Given the debt and capex spending in the midstream space, this tends to be one of the most common metrics by which to value these stocks.

Amortization 130

Amortization Depreciation Enterprise Values Leveraging 130

The Motley Fool

DECEMBER 14, 2024

In the past, it has talked about a $2 billion to $3 billion growth capital expenditure (capex) run rate, but it recently boosted that to between $2.5 Attractive valuation Besides having some of the best growth opportunities in the pipeline space, Energy Transfer is also one of the most attractively valued MLPs. billion and $3.5

Depreciation 130

Depreciation Enterprise Values Amortization Earnings Before Interest 130

The Motley Fool

MAY 21, 2024

times average enterprise value (EV) -to- EBITDA multiple between 2011 and 2016, while today most midstream stocks trade at under a 10 times multiple. EV/EBITDA tends to be the most used metric to value midstream companies, as it takes into consideration their debt positions and takes out non-cash expenses.

Leveraging 130

Leveraging Enterprise Values Debt Assets 130

The Motley Fool

APRIL 28, 2024

One final factor may be competition for dollars from large capital allocators. Many large pensions and endowments are eschewing public stocks in favor of private equity and venture capital these days. Between 1999 and 2011, the small-cap Russell 2000 index outperformed the S&P 500 index by a whopping 6.5

Exchange-Traded Funds 130

Exchange-Traded Funds Debt Prospects Enterprise Values 130

The Motley Fool

AUGUST 9, 2023

Free cash flow to the holding company remained strong, driven by Enact's return of capital and tax payments in 2023 from Enact and the U.S. GAAP accounting is noneconomic and has no impact on cash flows, capital levels, statutory results, or how we manage the business. We have no plans to put additional capital into the U.S.

Legal 100

Legal Liabilities Taxes Accounting 100

JMI Equity

MAY 31, 2024

Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.–( Since FTV’s initial investment in 2020, Agiloft has driven impressive growth by delivering a truly unique no-code platform to a quickly growing customer base globally,” said Alex Mason, Partner at FTV Capital.

Legal 40

Legal Leveraging Hedge Funds Enterprise Values 40

Pension Pulse

SEPTEMBER 28, 2023

However, the US investor has been involved in the Costa Group journey for much longer than that, having been a majority owner of the company prior to its 2015 initial public offering (IPO) on the ASX with its first equity stake acquired in 2011, back when its name was Paine + Partners. per share 1.

Shareholders 52

Shareholders Financing Finance Banks 52

The Motley Fool

DECEMBER 21, 2023

Our absolute emissions are over 10% lower than the 2011 peak, and that's despite capacity growth of 30% since then. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Last year, we also exceeded our industry-leading shore power capability goal.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Leveraging Returns 130

The Motley Fool

APRIL 6, 2025

Buffett has been in this position in the past, most notably during the financial crisis when he prudently invested $5 billion in preferred stock issued by Bank of America in 2011 and converted those warrants in 2017 for a $15 billion profit. Is Berkshire Hathaway stock a buy, hold, or sell?

Enterprise Values 231

Enterprise Values Banks Stakes Prospects 231

The Motley Fool

JANUARY 12, 2025

The difference between the two is tax-related, as distributions have a return of capital component that is tax-deferred. The distribution is well covered by its distributable cash flow (DCF), which is its operating cash flow minus maintenance capital expenditures (capex). Last quarter, the company paid out $1.1

Investing 246

Investing Taxes Enterprise Values Leveraging 246

The Motley Fool

DECEMBER 28, 2024

billion annually in growth capital expenditure (capex) given the opportunities it is seeing. Despite Energy Transfer's strong position to benefit from the increasing power needs associated with AI, it is one of the cheapest MLP midstream stocks, trading at a forward enterprise value (EV)- to- EBITDA ratio of 8.8 billion and $3.5

Enterprise Values 246

Enterprise Values Shareholders Leveraging Debt 246

The Motley Fool

FEBRUARY 19, 2025

Learn More Ramping up growth spending Energy Transfer plans to spend $5 billion in capital expenditures (capex) on growth projects in 2025. From a valuation perspective, the stock trades at an enterprise value (EV) -to-EBITDA multiple of about 8.5 times between 2011 and 2016. times the high end of its 2025 guidance.

Enterprise Values 211

Enterprise Values Leveraging Prospects Returns 211

The Motley Fool

FEBRUARY 8, 2025

Enterprise Products Partners (NYSE: EPD) continued to display its consistent nature when its reported its fourth-quarter earnings results on Tuesday. Meanwhile, the pipeline operator continues to ramp up its growth capital expenditures ( capex ) as it sees growing strong opportunities. It also spent $63 million buying back 2.1

Companies 130

Companies Enterprise Values Depreciation Leveraging 130

The Motley Fool

MARCH 29, 2025

In addition to owning predictable fee-based, cash-flow-generating assets, Enterprise tends to be conservative with its balance sheet as well. Operating a midstream company is capital-intensive, as growth comes from constructing new pipelines and facilities. DCF is operating cash flow minus maintenance capital expenditures.

Enterprise Values 130

Enterprise Values Debt Amortization Depreciation 130

The Motley Fool

JANUARY 26, 2025

Typically, a large percentage of distributions are treated as a return of capital. This also means that it is essentially taxed later at the lower capital gains tax rate and not as ordinary income. Enterprise Products Partners has a robust and growing distribution Enterprise currently sports an attractive forward yield of 6.3%.

Taxes 130

Taxes Depreciation Leveraging Enterprise Values 130

The Motley Fool

FEBRUARY 20, 2025

To take advantage of the growing opportunities it is seeing, Energy Transfer plans to significantly boost its growth capital expenditure (capex) this year, taking it to $5 billion in 2025 from $3 billion last year. between 2011 and 2016. Meanwhile, the midstream MLP group as a whole traded at an average EV/EBITDA multiple of 13.7

Investing 130

Investing Depreciation Enterprise Values Amortization 130

The Motley Fool

MARCH 31, 2025

When you multiply those things, that gives you a sense of the value of the equity of a company the market capitalization. If somebody else is buying them out, technically, the enterprise value, the actual amount being exchanged, is not 10 billion because you're buying a company with three billion just sitting in the bank.

Investing 130

Investing Enterprise Values Portfolios Debt 130

The Motley Fool

NOVEMBER 12, 2024

Distributable cash flow (DCF) to partners, which is how much cash the company generates before growth project capital expenditures (capex) , edged up by $4 million to $1.99 Energy Transfer actually lowered its growth capital expenditures (capex) estimate for the year, now expecting to spend between $2.8 billion and $3 billion.

Enterprise Values 246

Enterprise Values Prospects Capital Companies 246

Pension Pulse

FEBRUARY 3, 2025

The total enterprise value of the transaction totalled 1.53 The Canada Pension Plan Investment Board is confirming the inclusion of Cedar Leaf Capital, an Indigenous-owned investment dealer, to its syndicate of dealers. based Aberdeen, Glasgow and Southampton airports. billion , having received all relevant regulatory approvals.

Stakes 59

Stakes Enterprise Values Assets Shareholders 59

The Motley Fool

MARCH 31, 2025

At the same time, it also has one of the cheapest stocks in the space, with it trading at an enterprise value (EV) -to- EBITDA (earnings before interest, taxes, depreciation, and amortization) multiple of just over 8 times. times that midstream master limited partnerships (MLPs) averaged between 2011 and 2016.

Enterprise Values 182

Enterprise Values Leveraging Amortization Depreciation 182

The Motley Fool

MARCH 22, 2025

Given the opportunities the company is seeing in this environment, it has upped its capital expenditure (capex) budget this year to take advantage of attractive project economics. Midstream companies are typically valued using an enterprise value (EV) -to- EBITDA (earnings before interest, taxes, depreciation, and amortization) metric.

Depreciation 246

Depreciation Enterprise Values Debt Amortization 246

The Motley Fool

JANUARY 5, 2025

Pepsi has been in business for more than a century and has a market capitalization surpassing $200 billion. For this reason, it might be surprising to suggest that companies that were only founded in 2011 and 2012 could be worth more than Pepsi and Starbucks within five years. See the 10 stocks PEP Market Cap data by YCharts.

Enterprise Values 241

Enterprise Values Amortization Depreciation Earnings Before Interest 241

The Motley Fool

MARCH 16, 2025

Palantir was backed by the CIA's venture capital arm, In-Q-Tel, and it was reportedly used to track down Osama Bin Laden in 2011. Its enterprise value of $172.3 It developed a streamlined data collection and analytics platform that broke down the inefficient silos between U.S. By the time it went public, most U.S.

Enterprise Values 130

Enterprise Values Venture Capital Accounting Returns 130

The Motley Fool

MARCH 14, 2025

Enterprise, meanwhile, plans to increase its growth capex this year to between $4 billion and $4.5 Enterprise has a history of being prudent with its capital expenditures (capex) , so it is notable that it plans to increase it nicely this year. billion, excluding any acquisitions, up from $3.9 billion in 2024.

Depreciation 130

Depreciation Enterprise Values Amortization Earnings Before Interest 130