The Motley Fool

FEBRUARY 12, 2024

It did something similar following the Anadarko acquisition in 2019 and the subsequent drop in oil prices in 2020. After managing the company through the depressed oil prices of 2020 right after acquiring Anadarko, she seems to be up for almost any task. Management plans to divest non-core assets to accelerate the paydown of that debt.

Conglomerates 240

Conglomerates Enterprise Values Debt Amortization 240

The Motley Fool

SEPTEMBER 15, 2024

It also launched its first Photon satellite bus in 2020, and it's deployed 192 satellites so far. During its pre-merger presentation , Rocket Lab predicted it could grow its revenue at a compound annual growth rate (CAGR) of 97% from $35 million in 2020 to $267 million in 2023. With an enterprise value of $3.7

Mergers and Acquisitions 246

Mergers and Acquisitions Enterprise Values Amortization Depreciation 246

The Motley Fool

MAY 9, 2024

However, Bitcoin's rally also lit a fire under stocks like Coinbase (NASDAQ: COIN) , one of the world's top cryptocurrency exchanges, and MicroStrategy (NASDAQ: MSTR) , an aging enterprise software company that started hoarding Bitcoin in 2020. billion -- which is more than half of its enterprise value of $25.3

Enterprise Values 244

Enterprise Values Amortization Depreciation Earnings Before Interest 244

The Motley Fool

SEPTEMBER 29, 2024

Its revenue soared sevenfold from $35 million in 2020 to $245 million in 2023, but that still slightly missed its pre-merger target of $267 million. Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margin also came in at negative 37% in 2023, well below its original forecast of positive 10%.

Mergers and Acquisitions 245

Mergers and Acquisitions Enterprise Values Liabilities Amortization 245

The Motley Fool

APRIL 4, 2024

In fact, back in 2020, the midstream company slashed its distribution in half. Energy Transfer is structured as a master limited partnership (MLP), so investors will get a K-1 and have unique tax advantages (and obligations). I typically use an enterprise value- to- EBITDA multiple to value midstream stocks.

Enterprise Values 189

Enterprise Values Depreciation Leveraging Debt 189

The Motley Fool

NOVEMBER 30, 2023

In 2020, the pandemic caused its home sales to grind to a halt. That slowdown also caused its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) -- which briefly turned positive in 2021 -- to turn negative again. Metric 2020 2021 2022 9M 2023 Revenue $2.6 With an enterprise value of $3.5

Resale 246

Resale Mergers and Acquisitions Enterprise Values Amortization 246

The Motley Fool

SEPTEMBER 4, 2024

after it went public by merging with a special purpose acquisition company ( SPAC ) in December 2020 and reached its record high of $35.88 But in 2023, the company's revenue plunged, its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margin declined, and it stayed unprofitable. billion $8.0

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Mergers and Acquisitions Enterprise Values Amortization Depreciation 242

The Motley Fool

MARCH 25, 2024

The company claimed it could deliver a compound annual growth rate (CAGR) of 40%, taking revenue from $140 million in 2020 to $388 million in 2023 while expanding its gross margin from 30% to 50% and keeping its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margins in the high teens.

Mergers and Acquisitions 242

Mergers and Acquisitions Investing Enterprise Values Amortization 242

The Motley Fool

DECEMBER 12, 2023

Uber suffered a major slowdown in 2020 as people hailed fewer rides on its mobility platform during the pandemic. Metric 2019 2020 2021 2022 9M 2023 Trips Growth (YOY) 28% (27%) 27% 19% 24% Gross Bookings Growth (YOY) 28% (11%) 56% 19% 18% Revenue Growth (YOY) 37% (14%) 57% 49% 18% Data source: Uber Technologies. Image source: Uber.

Enterprise Values 246

Enterprise Values Stakes Amortization Depreciation 246

The Motley Fool

DECEMBER 5, 2023

Toast's growth in gross payment volume (GPV) and total revenue decelerated significantly in 2020 as many restaurants shut down throughout the COVID-19 pandemic. Metric 2020 2021 2022 9M 2023 GPV Growth (YOY) 17% 124% 61% 40% Revenue Growth (YOY) 24% 107% 60% 44% Data source: Toast. With an enterprise value of $7.4

Enterprise Values 246

Enterprise Values Professional Services Amortization Depreciation 246

The Motley Fool

SEPTEMBER 18, 2023

During its pre-merger presentation, SoundHound predicted that its revenue would rise from $13 million in 2020 to $20 million in 2021, and then grow to $28 million in 2022. At its current enterprise value (EV) of $496 million, it trades at 11 times that forecast. But that's where its ambitious estimates started to fall apart.

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Mergers and Acquisitions Enterprise Values Amortization Depreciation 263

The Motley Fool

NOVEMBER 4, 2024

Period 2017 2018 2019 2020 2021 2022 2023 Active Accounts (Millions) 19.3 That's how it's kept its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) and trailing 12-month free cash flow ( FCF ) positive over the past five consecutive quarters. With an enterprise value of $9.1

Enterprise Values 246

Enterprise Values Amortization Depreciation Earnings Before Interest 246

The Motley Fool

OCTOBER 6, 2024

Over the past two years, its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margins shrank and it racked up steep losses. Metric 2020 2021 2022 2023 Total Revenue $20.71B $19.69B $17.48B $14.56B Revenue Growth (4%) (5%) (11%) (17%) Adjusted EBITDA Margin* 41.8% With an enterprise value of $23.4

Mergers and Acquisitions 246

Mergers and Acquisitions Debt Enterprise Values Amortization 246

The Motley Fool

JULY 17, 2023

Ultimately, Zoom's steadily growing sales to enterprise customers should whittle away at its high SBC levels over time. With an enterprise-value-to-FCF ratio of just 14, Zoom's cheap valuation and nascent growth options look perfect for patient, buy-and-hold investors. dividend yield is the highest it has been since 2020.

Debt 244

Debt Enterprise Values Taxes Accounting 244

The Motley Fool

OCTOBER 20, 2024

First, prior to this decline, the company's ratio of enterprise value (EV) to earnings before interest, taxes, depreciation, and amortization (EBITDA) was at an all-time high of 24. dividend yield is at its highest level of the last decade outside of the 2020 crash. Not so much. Currently, the company's 2.3%

Mergers and Acquisitions 241

Mergers and Acquisitions Enterprise Values Amortization Depreciation 241

The Motley Fool

JUNE 25, 2024

Up until 2020, it was a slow-growth analytics software maker that seemed to be losing ground to its nimbler cloud-based competitors. billion, which equals roughly a quarter of MicroStrategy's enterprise value of $30 billion. Its total liabilities also more than quadrupled from $913 million at the end of 2020 to $3.95

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 17, 2024

The Cash App offers peer-to-peer payments, Bitcoin (CRYPTO: BTC) trades, commission-free stock trades, tax filing tools, and savings accounts. In 2020, the pandemic throttled the growth of Block's merchant-facing businesses. It also sells point of sale (PoS) hardware for brick-and-mortar stores. Image source: Block.

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JUNE 17, 2023

21, 2020, started trading at $31.47 It lost over 90% of its market value as rising interest rates rattled the real estate market, throttled its growth, and cast a harsh light on its widening losses. In 2020, Opendoor's home sales dropped 47% to 9,913 units as the pandemic disrupted the housing market. in 2020 to positive 0.1%

Enterprise Values 162

Enterprise Values Amortization Depreciation Earnings Before Interest 162

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. However, investors do receive what is called a K-1 and must fill out some extra tax forms. Typically, investors value midstream companies using an enterprise-value -to-EBITDA (EV/EBITDA) multiple.

Enterprise Values 130

Enterprise Values Depreciation Amortization Earnings Before Interest 130

The Motley Fool

APRIL 25, 2024

The maker of connected exercise bikes and treadmills flourished as brick-and-mortar gyms closed down, and that growth spurt coincided with the buying frenzy in growth and meme stocks throughout 2020 and 2021. At its peak, Peloton's enterprise value reached $47.2 At its peak, Peloton's enterprise value reached $47.2

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 20, 2024

Its revenue plunged 73% in fiscal 2020 and declined 66% in fiscal 2021. Carnival's core business is recovering The pandemic severely disrupted Carnival's growth in fiscal 2020 and fiscal 2021. billion, while Carnival expects its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to rise 40% to $5.8

Enterprise Values 130

Enterprise Values Debt Leveraging Amortization 130

The Motley Fool

JANUARY 14, 2024

From 2014 to 2019, Paycom's annual revenue grew at a compound annual growth rate (CAGR) of 37% while its adjusted earnings before taxes, depreciation, and amortization ( EBITDA ) rose at a CAGR of 64%. Its adjusted EBITDA margin expanded from 39% in 2020 to 42% in 2022. At its peak, its enterprise value hit $31.9

Enterprise Values 147

Enterprise Values Amortization Depreciation Taxes 147

The Motley Fool

MAY 26, 2024

Duolingo's revenue surged 128% in 2020, but it continued growing at a compound annual growth rate (CAGR) of 49% from 2020 to 2023 even as the pandemic passed. Between the fourth quarters of 2020 and 2023, its monthly active users (MAUs) more than doubled from 36.7 With an enterprise value of $6.7 million to 88.4

Education 130

Education Enterprise Values Amortization Depreciation 130

The Motley Fool

FEBRUARY 20, 2024

Fiverr International (NYSE: FVRR) was one of the hottest growth stocks of 2020 and 2021. Fiverr's revenue increased by 45% in 2018, 42% in 2019, and 77% in 2020. million at the end of 2020. At its peak, its enterprise value hit $11.45 Metric 2020 2021 2022 First 9 Months of 2023 Take rate 27.1%

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

The Motley Fool

MARCH 22, 2024

Chewy's growth in active customers, net sales per customer, and total net sales accelerated significantly in fiscal 2020 (which ended in January 2021) as the pandemic drove more pet owners toward its online marketplace. Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margins also turned positive.

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Initial Public Offering Enterprise Values Amortization Depreciation 130

The Motley Fool

JUNE 16, 2023

Its revenue rose 28% in 2019, then accelerated to 57% growth in 2020 as the pandemic drove more students to take its online classes and tutoring sessions. But at its peak, Chegg's enterprise value reached $15 billion -- a whopping 19 times the revenue it would actually generate in 2021. With an enterprise value of $1.06

Education 130

Education Enterprise Values Amortization Depreciation 130

The Motley Fool

JUNE 5, 2024

But in 2020, its revenue only rose 37% as many restaurants closed down during the pandemic, fewer retailers stocked up on its products, and cost-conscious consumers pivoted back toward cheaper animal-based meat products. That debt inflates Beyond Meat's enterprise value to $1.56 That's why its revenue surged 239% in 2019.

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

Private Equity Wire

JULY 2, 2024

New Mountain describes itself as “a business that builds businesses,” and says it has generated over $85bn of enterprise value gains in its private equity companies since its inception, without one PE bankruptcy or missed interest payment. Simpson Thacher & Bartlett advised on the fund.

High Net Worth Individuals 98

High Net Worth Individuals Funds Pension Funds Enterprise Values 98

The Motley Fool

NOVEMBER 9, 2024

Lemonade (NYSE: LMND) has taken investors on a wild ride since its initial public offering (IPO) in July 2020. With an enterprise value of $1.7 billion, Lemonade looks reasonably valued at 3.9 Lemonade more than doubled its customer base from 1 million at the end of 2020 to 2.3 Is it the right time to buy Lemonade?

Initial Public Offering 130

Initial Public Offering Enterprise Values Amortization Depreciation 130

The Motley Fool

MAY 30, 2024

The online insurer went public at $29 in July 2020, skyrocketed to an all-time high of $183.26 Metric 2020 2021 2022 2023 Customer growth 56% 43% 27% 12% IFP growth 87% 78% 64% 20% GEP growth 110% 84% 68% 37% Adjusted gross margin 33% 36% 25% 23% Gross loss ratio 71% 90% 90% 85% Data source: Lemonade. Which argument makes more sense?

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

The Motley Fool

AUGUST 18, 2024

Despite this track record of success -- along with earnings before interest, taxes, depreciation, and amortization ( EBITDA ) and FCF growth of 81% and 73% over the last five years -- the share price for MTY stock trading over the counter in the U.S. is down 40% from its high. dividend yield is well above its 10-year average of 1.5%

Mergers and Acquisitions 130

Mergers and Acquisitions Enterprise Values Debt Amortization 130

The Motley Fool

SEPTEMBER 8, 2023

Supply chain disruptions have been a major issue since 2020, and unexpected improvement to supply chain blockages positively impacted sales last quarter. Cisco's enterprise-value-to-EBITDA (earnings before interest, taxes, depreciation, and amortization) ratio climbed from 10 to 12, while its dividend yield dropped from nearly 3.5%

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

The Motley Fool

FEBRUARY 5, 2024

Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) turned positive in 2019 and increased at a CAGR of 160% over the following three years. in 2020 to 40.8% Based on those estimates and its enterprise value of $12.5 marketplace the third quarter of 2023, with a 21.4%

Enterprise Values 147

Enterprise Values Amortization Depreciation Earnings Before Interest 147

The Motley Fool

SEPTEMBER 5, 2023

Fortinet's revenue rose 20% in 2020, 29% in 2021, and 32% in 2022. Instead, its revenue rose 25% in 2020, 35% in 2021, and 34% in 2022 -- even as the broader cloud market faced tough macro headwinds. Rivian is still a speculative stock, but its enterprise value of $17 billion also makes it a bargain at four times this year's sales.

Enterprise Values 130

Enterprise Values Startups Amortization Depreciation 130

The Motley Fool

AUGUST 15, 2023

Unlike the surge in 2020 after the initial COVID-19-related sell-off -- Carnival stock would nearly triple by the end of that year from its springtime low -- the upticks in 2023 feel warranted. Carnival stock is somehow trading lower today than it was at the end of 2020, but it doesn't mean that the market cap or enterprise value are lower.

Enterprise Values 130

Enterprise Values Debt Taxes Finance 130

The Motley Fool

JULY 10, 2024

on June 9, 2020. Nikola went public by merging with a special purpose acquisition company ( SPAC ) on June 3, 2020. Here's how badly the company missed its own delivery, revenue, and adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) estimates over the past three years. Image source: Nikola.

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130

The Motley Fool

JUNE 18, 2024

Metric 2020 2021 2022 2023 North American revenue (in millions) $95.5 $273 Metric 2020 2021 2022 2023 North American revenue (in millions) $95.5 $273 Metric 2020 2021 2022 2023 Gross margin 46.6% Based on those estimates and its enterprise value of $14.3 YOY = year over year. 48% Adjusted EBITDA margin 12.2%

Enterprise Values 130

Enterprise Values Amortization Depreciation Earnings Before Interest 130