Multiples valuation and NAT: Difference between pages

Revision as of 11:13, 23 May 2020

1. Accounting.

Net profit After Tax.

2. Cognitive behavioural coaching.

Negative Automatic Thoughts.

@@ Line 1: / Line 1: @@
-A method of business valuation which is based on:
+. ''Accounting.''
-(i) a relevant measure; and
+Net profit After Tax.
-(ii) the ratio of value to that measure for a comparable business (or a comparable group of businesses).
+. ''Cognitive behavioural coaching.''
-The most widely used financial measure for this purpose for a mature business is accounting earnings.
+Negative Automatic Thoughts.
-For other types of businesses, relevant measures might include - for example - turnover, or numbers of subscribers.
-In simple terms, a lower multiple would indicate one or more of:
-*weaker future growth prospects
-*higher risk
-*lower asset quality
-*poorer management
-*possible undervaluation
-Higher multiples would suggest better growth propsects, lower risk, better asset quality, better management or possible overvaluation.
 == See also ==
-* [[Correction]]
+* [[Cognitive behavioural coaching]]
 * [[Earnings]]
-* [[Earnings multiples]]
+* [[PBT]]
-* [[Price to earnings ratio]]
+* [[NBT]]
-* [[EBITDA multiple]]
+* [[Negative automatic thoughts]]
-* [[Shareholder value]]
+* [[Net profit]]
-* [[Value driver]]