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 Earnings Before Interest Amortization 130

The Motley Fool

DECEMBER 1, 2023

The cruise line operator's revenue plunged in 2020 and 2021 as global travel ground to a halt during the pandemic, and it was forced to take on a lot more debt to stay solvent. Looking back at Carnival's slowdown and recovery In fiscal 2020 and fiscal 2021 (which ended in November 2021), Carnival's revenue and number of passengers plummeted.

Enterprise Values 243

Enterprise Values Debt Earnings Before Interest Amortization 243

The Motley Fool

MARCH 13, 2024

That decline reduced Sea's enterprise value to $29 billion, which is just 2 times its projected sales and 21 times its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) for 2024. million at the end of 2020. Image source: Getty Images. That's why Garena ended 2023 with just 528.7

Enterprise Values 246

Enterprise Values Initial Public Offering Earnings Before Interest Amortization 246

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%.

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Mergers and Acquisitions Enterprise Values Liabilities Earnings Before Interest 245

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 Earnings Before Interest Amortization 246

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 Earnings Before Interest Amortization Depreciation 130

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 Earnings Before Interest Amortization Depreciation 130

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 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 245

Enterprise Values Earnings Before Interest Amortization Depreciation 245

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

Mergers and Acquisitions 242

Mergers and Acquisitions Enterprise Values Earnings Before Interest Amortization 242

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 Earnings Before Interest 130

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?

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Initial Public Offering Enterprise Values Earnings Before Interest Amortization 130

The Motley Fool

FEBRUARY 21, 2024

The transaction was valued at $18.5 Today you can buy all of Teladoc at an enterprise value barely above $3 billion. The Livongo deal that closed in late 2020 helped juice early results, but it's been organic deterioration most of the way down. billion at the time. The erosion of Teladoc as a growth stock has been fierce.

Enterprise Values 242

Enterprise Values Consultants Consulting Earnings Before Interest 242

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 Earnings Before Interest Amortization Depreciation 244

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

Mergers and Acquisitions 246

Mergers and Acquisitions Resale Enterprise Values Earnings Before Interest 246

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 Earnings Before Interest Amortization Depreciation 130

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 Earnings Before Interest 240

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 Earnings Before Interest 246

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 Earnings Before Interest 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 Earnings Before Interest Amortization 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 Earnings Before Interest Amortization 246

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 Earnings Before Interest Amortization 241

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 Earnings Before Interest 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

OCTOBER 13, 2024

Cathie Wood built a name for herself and her investment firm Ark Invest by racking up some huge gains between 2017 and 2020 in the exchange-traded fund Ark Innovation ETF (NYSEMKT: ARKK). However, since 2020 the ETF's performance has been much more volatile, including a 67% decline in 2022 followed by a nearly 68% gain in 2023.

Investors 130

Investors Depreciation Exchange-Traded Funds Enterprise Values 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 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

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 Earnings Before Interest Amortization Depreciation 162

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 Earnings Before Interest Amortization Depreciation 130

The Motley Fool

OCTOBER 8, 2024

Notably, Nike has replaced its chief executive officer, bringing back longtime company veteran Elliott Hill, who retired in 2020 as president of global commercial and marketing operations. As discouraging as the headline numbers may seem, there are also reasons to believe the worst of the situation is now in the rearview mirror.

Enterprise Values 130

Enterprise Values Earnings Before Interest 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 Earnings Before Interest Amortization Depreciation 130

The Motley Fool

AUGUST 24, 2024

Sweetgreen suffered a slowdown in 2020 as the onset of the pandemic forced to it temporarily shut down its dine-in locations. Adjusted for temporary COVID-19 closures in 2020. Sweetgreen has an enterprise value of $4.1 billion, which makes it reasonably valued (but not a bargain) at 6 times this year's sales.

Enterprise Values 130

Enterprise Values Earnings Before Interest Amortization Depreciation 130

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.

Mergers and Acquisitions 263

Mergers and Acquisitions Enterprise Values Earnings Before Interest Amortization 263

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 Earnings Before Interest Amortization Depreciation 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 Earnings Before Interest Amortization Depreciation 130

The Motley Fool

OCTOBER 13, 2024

Amazon began its e-commerce pharmacy service in 2020 and started testing same-day delivery in a few select cities last October. times earnings based on this fiscal year's analyst estimates and a similar enterprise value- to- EBITDA (earnings before interest, taxes, depreciation, and amortization) multiple.

Enterprise Values 130

Enterprise Values Earnings Before Interest Amortization Depreciation 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.

Initial Public Offering 130

Initial Public Offering Enterprise Values Earnings Before Interest Amortization 130