Here you’ll find everything you need to learn about digital software technology, development trends and beyond
Quality of Earnings: Detecting When Reported Profits Don’t Translate Into Cash Quality of earnings is a way of checking whether the profit a company reports is real, repeatable and backed by cash. A company can show a rising profit after
Bond Duration and Interest-Rate Risk: How Rising Yields Affect Bond Prices Bond duration tells you how much a bond’s price will change when interest rates move. When yields rise, bond prices fall, and the longer the duration, the bigger the
Free Cash Flow vs Accounting Profit: What Investors Should Actually Analyse Most investors open a company’s results and look at one line first. It is the profit after tax (PAT), also called net profit. If it has grown, the quarter
Economic Moats: How to Identify Companies With Durable Competitive Advantages Some companies earn high profits for twenty years in a row. Others see their margins collapse the moment a new competitor shows up with a lower price. The difference usually
Enterprise Value vs Equity Value: Understanding the Difference in Company Valuation Two companies can show the same market cap and still be priced very differently. One may carry a heavy loan book while the other sits on a pile of
DCF Valuation in Practice: How Small Assumption Changes Can Transform Fair Value DCF valuation (discounted cash flow valuation) is a method of estimating the intrinsic value of a stock by projecting the free cash flow a company will produce in
