Search results “Equity analysis of banking sector”
4 Key Financial Ratios for Banks - Banking Stocks Fundamental Analysis | Part 2
4 Key Financial Ratios for Banks i.e. fundamental analysis for banking stocks are as follows 1. Financial Leverage or Equity Multiplier 2. Return on Assets 3. Return on Equity 4. NIM or Net Interest Margin These are profitability ratios or risk ratios. With the help of these 4 Financial Ratios for Banks, you can decide which banking stocks are fundamentally strong or weak. 1. Financial Leverage or Equity Multiplier: This ratio is calculated by dividing total capital or asset to net worth of the bank. The maximum value is 15. If this value exceeds 15 then it implies that bank is taking a high risk by accepting more deposits. 2. Return on Assets: It is the profitability ratio arrived by dividing Net Profit / Total Assets. The idea value is 1% or more than that. 3. Return on Equity: Net Profit divided by Net Worth is Return on Equity. The idea value is 15% or more. You can also calculate by multiplying Equity Multiplier and Return on Assets 4. NIM or Net Interest Margin: This is a very important financial ratio. You can calculate by (Interest Earned - Interest Expended) divided by Total Assets. The max value is 3% i.e. higher NIM means the bank is disbursing more loans to improve NIM and it reduces the return on assets. It is not considered a good sign. If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia
Views: 13380 Nitin Bhatia
What's in an Equity Research Report?
In this tutorial, you’ll learn what goes into an equity research report, including how it differs from a stock pitch in terms of structure and argument, the main sections of the reports, and how you might write your own reports. http://www.mergersandinquisitions.com/equity-research-report/ Table of Contents: 1:43 Part 1: Stock Pitches vs. Equity Research Reports 6:00 Part 2: The 4 Main Differences in Research Reports 12:46 Part 3: Sample Reports and the Typical Sections 20:53 Recap and Summary Part 1: Stock Pitches vs. Equity Research Reports The main difference is that equity research reports are like “watered-down” stock pitches: you still recommend for or against investment in a public company, but your views are weaker, “Sell” recommendations are rare, and you spend a lot more time describing the company and its operations and financials. By contrast, in hedge fund stock pitches you take more extreme views and spend more time explaining how your views differ from those of the market as a whole. Part 2: The 4 Main Differences in Research Reports 1) There’s More Emphasis on Recent Results and Announcements 2) Far-Outside-the-Mainstream Views Are Less Common 3) Research Reports Give “Target Prices” Rather Than Target Price Ranges 4) The Investment Thesis, Catalysts, and Risk Factors Are “Looser” Part 3: Sample Reports and the Typical Sections The main sections of a report are as follows: Page 1: Update, Rating, Price Target, and Recent Results The first page of an “Update” report states the bank’s recommendation (Buy, Hold, or Sell, sometimes with slightly different terminology), and gives recent updates on the company. A specific “target price” must be based on specific multiples and specific assumptions in a DCF or DDM. So with Jazz, we explain that the $170.00 target is based on 20.7x and 15.3x EV/EBITDA multiples for the comps, and a discount rate of 8.07% and Terminal FCF growth rate of 0.3% in the DCF. Next: Operations and Financial Summary Next, you’ll see a section with lots of graphs and charts detailing the company’s financial performance, market share, and important metrics and ratios. For a pharmaceutical company like Jazz, you might see revenue by product, pricing and # of patients per product per year, and EBITDA margins. For a commercial bank like Shawbrook, you might see loan growth, interest rates, interest income and net income, and regulatory capital figures such as the Common Equity Tier 1 (CET 1) and Tangible Common Equity (TCE) ratios: This section of the report explains how the research analyst/associate forecast the company’s performance and came up with the numbers used in the valuation. Valuation The valuation section is the one that’s most similar in a research report and a stock pitch. In both fields, you explain how you arrived at the company’s implied value, which usually involves pasting in a DCF or DDM analysis and comparable companies and transactions. The methodologies are the same, but the assumptions might differ substantially. In research, you’re also more likely to point to specific multiples, such as the 75th percentile EV/EBITDA multiple, and explain why they are the most meaningful ones. Investment Thesis, Catalysts, and Risks This section is short, and it is more of an afterthought than anything else. We do give reasons for why these companies might be mispriced, but the reasoning isn’t that detailed and it’s not linked to specific share prices. Banks present Investment Risks mostly so they can say, “Well, we warned you there were risks and that our recommendation might be wrong.” http://www.mergersandinquisitions.com/equity-research-report/
BEST Banking Stocks - Banking Sector Fundamental Analysis | Part 3
To select BEST Banking Stocks based on Fundamental Analysis is important for long term investment. This video is 3rd and last part of the series on banking stocks fundamental analysis. In the 1st part, we discussed how do banks make profit? In the 2nd part to select best banking stocks, we discussed the 4 important financial ratios to analyze and compare the banking stocks for long term stock selection. For analysis, i have considered banking stocks in Nifty 50 like SBI, ICICI Bank, Yes Bank, HDFC Bank, Indusind Bank, Axis Bank and Kotak Mahindra Bank. The banks with 4 financial ratios within the ideal range are best suited for long term investment. As we know that financial sector contribute almost 1/3rd contribution in Nifty. Therefore, it is important to select the fundamentally strong banking stock. The most important ratio is Return on Equity. I will prefer banking stock with Return on Assets greater than 1% but with higher NIM (Net Interest Margin) i.e. more than 3%. The equity multiplier or financial leverage tells the risk taken by the bank in terms of deposits collected from the customers. The BEST Banking Stocks fundamental analysis shared in this three part series can be done very easily by the long term investors in very less time. If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia
Views: 19916 Nitin Bhatia
How Do Banks Make Profit? Banking Stocks Fundamental Analysis - Part 1
How Do Banks Make Profit? is the part 1 of the 3 part series on Banking Stocks Fundamental Analysis. The fundamental analysis of the banking stocks is completely different from the Fundamental Analysis of other stocks. The financial ratios for banking stocks analysis are different from the traditional financial ratios. In the 2nd part of this series, we will learn the financial ratios for Banking Stocks Fundamental Analysis. In the 3rd part of this series, we will learn how to analyze the bank stocks. For a complete analysis, it is important to understand the cost and revenue of the banks. The cost includes the interest on deposits and the cost of running bank operations. The revenue or income for the bank includes interest income from the loans and other income from the distribution of financial products & fees from the services offered by the bank. To earn a profit, the interest income from the loan should be more than interest paid on the deposits. The banks can raise the deposits based on the net worth of the bank. Higher the net worth of the bank, higher the deposit banks can raise. The total capital raised depends on the financial leverage or equity multiplier. Financial leverage equals total capital divided by the net worth. If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia
Views: 16128 Nitin Bhatia
Financials: Analyzing Bank Stocks the Easy Way *** INDUSTRY FOCUS ***
A 15-minute, 3-step guide to analyzing bank stocks. Imagine owning Amazon.com (up over an insane 4,000% since 2001) when Internet sales rendered big-box retailers obsolete... Now an industry 99% of us use daily is set to implode... And 3 established companies are positioned to take advantage. Click http://bit.ly/1zQXjzy for a stunning presentation. ------------------------------------------------------------------------ Subscribe to The Motley Fool's YouTube Channel: http://www.youtube.com/TheMotleyFool Or, follow our Google+ page: https://plus.google.com/+MotleyFool/posts Inside The Motley Fool: Check out our Culture Blog! http://culture.fool.com Join our Facebook community: https://www.facebook.com/themotleyfool Follow The Motley Fool on Twitter: https://twitter.com/themotleyfool
Views: 5506 The Motley Fool
Banking 2: A bank's income statement
Introduction to the income statement of a bank (and to income statements in general). More free lessons at: http://www.khanacademy.org/video?v=h3lMANILkw0
Views: 399593 Khan Academy
Investment Banking Areas Explained: Capital Markets
Capital markets are one of the most fascinating areas of investment banking. Companies need these services when they are about to go public or want to issue debt sold to the public. When a company wants to raise equity, we talk about ECM, standing for Equity Capital Markets, and when it wants to raise debt, we talk about DCM, standing for Debt Capital Markets. On Facebook: https://www.facebook.com/365careers/ On the web: http://www.365careers.com/ On Twitter: https://twitter.com/365careers Subscribe to our channel: https://www.youtube.com/365careers
Views: 85793 365 Careers
Commercial Bank Revenue Model: Loan Projections
In this tutorial Commercial Bank Revenue Model: Loan Projections, you’ll learn about the key revenue drivers for a commercial bank, with a focus on how to project its loan portfolio based on GDP growth, market share, and addressable loan market sizes. http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Table of Contents: 1:46: Overview of Revenue for a Bank 6:47: The Step-by-Step Process to Project Loan Growth 15:06: Calculating and Checking the Loan Size in Each Segment 19:39: Recap and Summary For pure-play commercial banks, the vast majority of their revenue will come from “Net Interest Income”: Interest Income on Loans, less Interest Expense paid on Deposits, Debt, and Other Funding Sources. KEY QUESTION #1: What will the bank’s Loans and Deposits be? KEY QUESTION #2: What will the bank’s Interest Rates Earned and Paid Be? Interest rates are a whole separate topic, and Deposits and Funding Sources are usually linked to Loans, so we’re going to focus on the key drivers behind Loans and Loan Growth here. More so than with “normal companies,” commercial banks’ fortunes are heavily linked to the overall economy. Higher GDP growth results in more transactions – more buying and selling – and to more borrowing by both consumers and businesses. A healthy bank will tend to grow its loans more quickly than the GDP growth rate – credit expansion leads economic expansion. So the first key driver of Loan Growth is GDP growth. Some banks might sell more effectively, might offer more favorable terms for lenders, or might have different lending standards, so market share also plays a role (this is key driver #2). The Step-by-Step Process to Project a Bank’s Loan Portfolio Step #1: Determine the sizes of a bank’s markets (e.g., Mortgages, Auto Loans, and Credit Cards) to calculate its market share(s). Step #2: Make each market a percentage of the country’s GDP. Step #3: Project how the country’s GDP changes in the future. Step #4: Project the bank’s market share in each segment and forecast each loan market as a percentage of the country’s GDP. Step #5: Calculate the Loan Size in each segment with GDP * Loan Market Size as a % of GDP * Bank’s Market Share. Steps 1 & 2: Sizing the Loan Markets Possible Sources: Bank’s IPO Prospectus, Industry Reports (UK – De Montfort Group), Bank’s Interim/Annual Reports or Earnings Calls, Equity Research… If you can’t find data on loan market sizes, make it less granular and look at Total Loans in the country instead and calculate the bank’s market share there. The goal is to get a rough sense of whether the bank’s market share is rising or declining over time. Step 3: Projecting GDP Growth You can find any country’s nominal GDP via sources like Wikipedia, Statista, the IMF/World Bank, etc. For the projections, you can consult with similar sources, but you should also consider different cases and think about what happens if growth continues as expected, what happens if it goes above expectations, and what happens if there’s a recession followed by a recovery. Step 4: Projecting Future Market Share and Addressable Loan Market Sizes Approach #1: Follow and extend historical trends (If the bank is losing/gaining market share, continue that; otherwise, keep it steady). Approach #2: Speak with people in the market, such as real estate brokers and new homeowners, and see if you can discern trends from them (“channel checks”). Approach #3: Look for outside sources such as equity research and buy-side research and see what they’re saying. Step 5: Calculating the Loan Size in Each Segment Loan Size = Nominal GDP * Loan Market Size as % of GDP * Bank’s Market Share The harder part is checking your numbers afterward – Do the estimates seem reasonable? Do they accurately reflect different outcomes? You often want the Base or Upside Case to be close to equity research/consensus/management estimates. And the Downside Case should be real (e.g., 2009-style recession) – negative GDP growth, not just 1% growth rather than 2%. RESOURCES: https://youtube-breakingintowallstreet-com.s3.amazonaws.com/Bank-Loan-Projections-Before.xlsx https://youtube-breakingintowallstreet-com.s3.amazonaws.com/Bank-Loan-Projections-After.xlsx https://youtube-breakingintowallstreet-com.s3.amazonaws.com/Bank-Loan-Projections.pdf
Dividend Discount Model - Commercial Bank Valuation (FIG)
Why the Dividend Discount Model (DDM) is used to value commercial banks instead of the traditional Discounted Cash Flow (DCF) analysis. By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" There are 3 main reasons why the DCF and the concept of Free Cash Flow (FCF) do not apply to commercial banks: 1. You can't separate operating vs. investing vs. financing activities - the lines are very blurry for a bank, since items like debt are more operationally-related and fund the bank's lending activities. 2. CapEx doesn't represent re-investment in the business, as it does for a normal company - for a bank,"re-investment" means hiring people, doing more lending, etc. 3. Working Capital represents something much different for a bank - the standard definition of Current Assets Excl. Cash Minus Current Liabilities Excl. Debt makes no sense, because for banks that includes tons of investments, securities, other borrowings, etc. so you could see massive swings... What You Do Instead - Use Dividends as a Proxy for Free Cash Flow Why? Because banks are CONSTRAINED by capital requirements - according to the Basel accords (I, II, III), they must maintain a certain "buffer" at all times to cover unexpected losses on their loans... So just like CapEx requirements, Net Income growth, and Working Capital constrain FCF for normal companies, the Tier 1 Capital / Tangible Common Equity / Total Capital requirements constrain dividends for banks. So we'll project a bank's regulatory capital, its asset growth, and its net income, and use those to project its dividends - then, discount, and sum up the dividends and discount and add the NPV of its terminal value. How to Set Up a Dividend Discount Model (DDM) 1. Make assumptions for Total Assets, Asset Growth, targeted Tier 1 (or other) Ratios, Risk-Weighted Assets, Return on Assets (ROA) or Return on Equity (ROE), and Cost of Equity. 2. Next, project Assets and Risk-Weighted Assets. 3. Then, project Net Income based on ROA or ROE. 4. Then, project Shareholders' Equity (AKA Tier 1 Capital) based on targeted capital ratio... 5. And BACK INTO dividends! Different from a normal company's DDM! Set dividends such that the minimum capital ratio is maintained, based on starting Shareholders' Equity and Net Income that year. 6. Flesh out the rest of the model - stats, growth rates, other metrics. 7. Discount and sum up dividends. 8. Calculate, discount, and add Terminal Value so that NPV = NPV of Terminal Value + NPV of All Dividends. 9. Calculate the Implied Share Price and compare to actual Share Price. Is the bank undervalued? Overvalued? What are the clues so far? What Next? Try it with a real company, using its historical financial information. Add more complex / realistic assumptions, based on industry research, channel checks, the bank's own strengths/weaknesses, etc. Add more advanced features - other ways to calculate Terminal Value, more accurate regulatory capital, mid-year discount and/or stub periods, stock issuances / repurchases, multiple growth stages, and so on.
5 U.S. Equity Analysts Share What They Learned on the Job
The best ideas come from clients, says J. Michael Webber Jr., this year's top analyst in the Shipping sector. Director/Editor: Diana Panfil Originally published October 28, 2015 http://bit.ly/1lYdj2E Watch Institutional Investor's latest videos at http://iim.ag/videos Get more from Institutional Investor at http://iim.ag
🔴🔴 Banking Stocks Analysis - Which BANKS will SURVIVE? - YouTube LIVE Streaming and Q&A
Support the stream: https://streamlabs.com/nitinbhatia If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia
Views: 15950 Nitin Bhatia
Accounts : Financial Statements of Banking Company : Lecture 1
To Buy DVDs of CA / CMA / CS call us at 0551-6050551 / 9889004575 / 011-45695551 www.badlaniclasses.online [email protected]
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Equity Analysis of Automobile sector
hi this izz RAJA :)
Views: 167 Raja Anbu
Debt vs. Equity Analysis: How to Advise Companies on Financing
In this tutorial, you’ll learn how to analyze Debt vs. Equity financing options for a company, evaluate the credit stats and ratios in different operational cases, and make a recommendation based on both qualitative and quantitative factors. http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Table of Contents: 0:50 The Short, Simple Answer 3:54 The Longer Answer – Central Japan Railway Example 12:31 Recap and Summary If you have an upcoming case study where you have to analyze a company’s financial statements and recommend Debt or Equity, how should you do it? SHORT ANSWER: All else being equal, companies want the cheapest possible financing. Since Debt is almost always cheaper than Equity, Debt is almost always the answer. Debt is cheaper than Equity because interest paid on Debt is tax-deductible, and lenders’ expected returns are lower than those of equity investors (shareholders). The risk and potential returns of Debt are both lower. But there are also constraints and limitations on Debt – the company might not be able to exceed a certain Debt / EBITDA, or it might have to keep its EBITDA / Interest above a certain level. So, you have to test these constraints first and see how much Debt a company can raise, or if it has to use Equity or a mix of Debt and Equity. The Step-by-Step Process Step 1: Create different operational scenarios for the company – these can be simple, such as lower revenue growth and margins in the Downside case. Step 2: “Stress test” the company and see if it can meet the required credit stats, ratios, and other requirements in the Downside cases. Step 3: If not, try alternative Debt structures (e.g., no principal repayments but higher interest rates) and see if they work. Step 4: If not, consider using Equity for some or all of the company’s financing needs. Real-Life Example – Central Japan Railway The company needs to raise ¥1.6 trillion ($16 billion USD) of capital to finance a new railroad line. Option #1: Additional Equity funding (would represent 43% of its current Market Cap). Option #2: Term Loans with 10-year maturities, 5% amortization, ~4% interest, 50% cash flow sweep, and maintenance covenants. Option #3: Subordinated Notes with 10-year maturities, no amortization, ~8% interest rates, no early repayments, and only a Debt Service Coverage Ratio (DSCR) covenant. We start by evaluating the Term Loans since they’re the cheapest form of financing. Even in the Base Case, it would be almost impossible for the company to comply with the minimum DSCR covenant, and it looks far worse in the Downside cases Next, we try the Subordinated Notes instead – the lack of principal repayment will make it easier for the company to comply with the DSCR. The DSCR numbers are better, but there are still issues in the Downside and Extreme Downside cases. So, we decide to try some amount of Equity as well. We start with 25% or 50% Equity, which we can simulate by setting the EBITDA multiple for Debt to 1.5x or 1.0x instead. The DSCR compliance is much better in these scenarios, but we still run into problems in Year 4. Overall, though, 50% Subordinated Notes / 50% Equity is better if we strongly believe in the Extreme Downside case; 75% / 25% is better if the normal Downside case is more plausible. Qualitative factors also support our conclusions. For example, the company has extremely high EBITDA margins, low revenue growth, and stable cash flows due to its near-monopoly in the center of Japan, so it’s an ideal candidate for Debt. Also, there’s limited downside risk in the next 5-10 years; population decline in Japan is more of a concern over the next several decades. RESOURCES: https://youtube-breakingintowallstreet-com.s3.amazonaws.com/Debt-vs-Equity-Analysis-Slides.pdf
Oil & Gas Stock Pitch: How to Research and Present It
In this tutorial, you'll learn how to research, structure, and present an oil & gas stock pitch. More at http://www.mergersandinquisitions.com/oil-gas-stock-pitch/ You'll also learn how it's different from investment recommendations and stock pitches in other industries. We'll use Ultra Petroleum [UPL] as the example company, and present a SHORT recommendation based on a detailed analysis of their filings, investor presentations, and earnings call transcripts, along with a complex Net Asset Value (NAV) Model, based on individual wells drilled in different regions. Table of Contents: 1:19 The Structure of an Oil & Gas Stock Pitch 3:15 Investment Thesis 6:19 Catalysts 10:42 Valuation 13:38 Risk Factors 15:51 Why This Recommendation Was Wrong 19:25 Recap and Summary Investment Thesis Why is the company mis-priced? How does the market view it, and why is everyone else wrong? Here, we cite 3 reasons: 1. The company has overstated its average EUR per well in some regions, which means its reserves may be overstated or otherwise inaccurate. 2. Cutting capital expenditures (D&C Costs) and operating expenses (LOE) over time makes less of an impact on the company's implied value than they claim it does - being a low-cost producer is nice, but even substantial reductions over time don't boost the value by all that much. 3. Drilling in Pennsylvania may be stopped or reduced due to the company's JV partners, and the market hasn't yet factored in the chances of that happening and the impact on the company's implied value. Catalysts A few examples of potential catalysts: Oil & Gas-Specific: Reserve Reports / Drill Results, Well Drilling Schedules / Expanded or Reduced Drilling, Produce / No Produce Decisions, New Technology Deployment to reduce D&C Costs, Improved Well Spacing, Pipeline Developments, Hedging Contract Changes More Generic: Geographic Expansion, Acquisitions or Divestitures, Earnings Announcements, Competitors' Activities, Financing Activities For UPL, we use these 3 catalysts: 1. The close of the $650 million Uinta Basin acquisition. 2. The release of new reserve reports from the company's existing regions. 3. The possible halt to drilling in the Marcellus shale of Pennsylvania. For each one, we show the implied per share impact on the company based on the NAV model. Valuation We use the NAV model here, lay out our assumptions in the beginning, and then mostly focus on the OUTPUT of the model to avoid pasting in sheets and sheets of Excel. With the NAV Model, you split the company into existing production (PDP and PDNP) and new production (PUD, PROB, and POSS), make "high-level" estimates for the existing production, and assume a decline rate over time. For the others, assume that a certain # of new wells are drilled each year, assume that they start producing at a certain level and then decline to 0 over time, and then project the revenue, expenses, CapEx, and cash flow for each region and reserve type... Finally, you sum up everything at the end. The main point is to show that the assumption we're MOST uncertain of - EUR per well - makes a huge difference on the valuation... ...While other assumptions, such as the D&C Costs and LOE per well, make a smaller difference and so it doesn't matter much even if the company can reduce those costs. Risk Factors You can "reverse" the catalysts and ask, "What happens if this catalyst does NOT happen, or what if the results are different than expected?" Our top risk factors are: 1. The $650 million Uinta Basin acquisition fails to close. 2. Even if the acquisition does close, initial drilling reports might be positive and indicate higher-than-expected reserve levels. 3. Full drilling continues in the Marcellus shale as natural gas prices recover. 4. The company's improved well spacing pilots prove successful, and it is able to increase its effective EUR per well. So the first 3 are "reversals" of the catalysts, and we therefore also assess the implied per share impact from them. The last risk factor is more of an "X Factor" type of item that might cause the company's reserves to jump up dramatically if executed well. Why This Recommendation Was Wrong First off, gas prices spiked up to very high levels ($7.00 - $8.00) due to an unusually cold winter. That killed the "Short" recommendation since all oil & gas companies become more valuable when commodity prices spike up. Next, the company beat revenue and EPS consensus estimates twice in the past 6-7 months after this pitch; equity research analysts also upgraded their ratings on the stock. Finally, the stock had already fallen substantially in the past 2-3 years before this... so our timing wasn't great. How to Avoid Disaster: We recommended setting a buy-stop order at $23.00 - $24.00 / share to limit our losses. That would have limited our losses to ~25%.
How I do Fundamental Analysis on Stocks [In Hindi]
In this video, I have discuss basic of Fundamental Analysis Fundamental analysis is a method of evaluating a security in an attempt to measure its intrinsic value, by examining related economic, financial and other qualitative and quantitative factors. Share Market ROE [TOP RATED] https://youtu.be/1V60eX3RECE What is the meaning of EPS , PE Ratio , Market cap & Book Value of a share https://youtu.be/kcR9zcyl5QA ==================================================== Disclaimer : My videos, presentations, and writing are only for entertainment purposes, and are not intended as investment advice. I cannot guarantee the accuracy of any information provided. The stock picks are based on my own research and personal views. No part of compensation is or will be directly or indirectly related to the views and recommendations of this research. My research is not construed as an offer to buy or sell any security in any jurisdiction where such an offer or solicitation would be illegal. The research is based on the current situations, may be subjected to change from time to time. Do your own analysis and research before investing your hard earned money. You can contact me on [email protected] ==================================================== Credit :- Song: Elektronomia - Sky High [NCS Release] Music provided by NoCopyrightSounds Download this track: https://www.hive.co/l/2ein9
Views: 103000 Wealth Creation
Bank Growth Equity and Buyout Deals: Key Differences
In this tutorial, you’ll learn about the key differences between private equity investing in financial services and traditional companies, and you'll see how a bank “buyout” or growth equity deal might work using a simplified example for MidFirst Bank. http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Table of Contents: 1:12 Key Differences Between Traditional LBOs and Bank Buyouts 7:09 Overview of Simplified Bank Buyout Model 12:29 IRR, Multiples, and Returns Attribution 15:28 Evaluating the Deal 16:33 Recap and Summary RESOURCES: https://youtube-breakingintowallstreet-com.s3.amazonaws.com/Bank-Growth-Equity-Buyout-Deals.xlsx https://youtube-breakingintowallstreet-com.s3.amazonaws.com/Bank-Growth-Equity-Buyout-Deals-Slides.pdf https://youtube-breakingintowallstreet-com.s3.amazonaws.com/Bank-Growth-Equity-Buyout-Deals-MidFirst-Filings.pdf Lesson Outline: There’s very little private equity activity in the commercial banking sector due to regulations and deal math. If a PE firm acquires over a certain percentage of a bank, it may be classified as a “bank holding company,” and it will have to comply with regulatory capital and other requirements – which no PE firm wants. Also, most banks are already highly leveraged and cannot use much additional Debt to support a deal; Debt works differently for a bank, and most banks do not aim to “de-lever” over time. If a bank’s Equity is written down and replaced with insufficient new Investor Equity, it might also run into a regulatory capital shortfall. As a result, PE firms almost always have to use a significant amount of Equity, if not 100% Equity, to invest in banks. They often make minority-stake investments, invest in something other than Common Equity, and do club deals with multiple other PE firms to get around these problems. So, “bank buyouts” are more like growth equity deals or debt investments than traditional leveraged buyouts. The main returns sources are Tangible Book Value growth, P / TBV multiple expansion, and Dividends; “Debt Paydown and Cash Generation,” a key returns source in a traditional LBO, does not exist in the same way. TBV growth depends on the bank’s ability to source Deposits and Loans and grow its Net Income over time while issuing modest Dividends. P / TBV multiple expansion depends on the bank’s ability to boost its ROTCE or ROE, boost its Net Income to Common growth, and reduce its Cost of Equity. Of those, it’s most viable for the PE firm to implement strategies to boost the bank’s Returns-based metrics such as ROTCE or ROE. It might plan to cut the bank’s costs, target higher-yielding Assets, aim for higher Asset growth, or secure lower-cost funding sources. A “Bank Buyout” Model in Steps Start by making Transaction and Operating Assumptions, such as the Purchase P / TBV Multiple, Fees, Exit Multiple, and Loan and Deposit Growth. Then, set up the Sources & Uses and PPA schedules. You still write down a bank’s Common Equity, Goodwill, and Other Intangibles, and replace them with new items in a control deal. In a growth equity deal, you would skip this part and just assume extra Cash and Equity from the minority investment. Next, adjust the Balance Sheet – items such as Cash, Gross Loans, the Allowance for Loan Losses, Goodwill/Intangibles, Deferred Taxes, and Equity will change. In a growth equity deal, only Cash and Equity change immediately after. Project the Balance Sheet and use Federal Funds Sold and Purchased as the balancers, and then use the Balance Sheet figures to project the bank’s Income Statement and Cash Flow Statement. Finally, project the bank’s Regulatory Capital. Focus on CET 1, which is close to Tangible Common Equity, and “back into” the Dividends the bank can issue based on its Targeted vs. Actual CET 1. Risk-Weighted Assets can be a percentage of Interest-Earning Assets. Calculate the MoM Multiple and IRR at the end based on the Equity Purchase Price, Exit Equity Proceeds, and Dividends, and create a summary and sensitivities for the entire model. This deal doesn’t seem great because we need 20% Exit P / TBV multiple expansion, from 2.5x to 3.0x, to get a 20% IRR, but the bank’s ROA and ROTCE fall over this 5-year period. It doesn’t seem plausible for the bank’s P / TBV to *increase* when its financial performance declines. But to evaluate it more fully, we’d have to look at different scenarios and sensitivities.
Banking Sector Analysis & Trading Call in Hindi - Tradeniti Share Market Classes
What to do in banking sector? how banking system works? what is happening in banking right now ? what we have to learn from big investors ? Video from Tradeniti Share Market Classes.
The bank stocks to buy, sell
CFRA Director of Equity Research Ken Leon on the outlook for Federal Reserve policy and the state of the financial sector.
Views: 2337 Fox Business
ratio analysis of financial statements in hindi| liquidity ratios| solvency ratios| leverage ratio
In this video we have discussed ratio analysis of financial statements in hindi.We have discussed the categorization of different ratios and their types such as liquidity ratio : Current ratio and quick ratio, leverage ratio, debt equity ratio, debt service coverage ratio, return on capital employed roce, return on assets, return on equity etc. If Found our video helpful to you anyway, Then don't forget to like the video. Kindly Subscribe our channel for to get the notification for our latest videos Subscribe Link : https://goo.gl/M51wPX -----Like ------ Share -------- Comment ------- Subscribe -------------------------- Follow us on Facebook : https://www.facebook.com/bankingsutra/ Follow us on Twitter : https://twitter.com/banking_sutra Follow us on Google plus : https://plus.google.com/108611863544253921936 Follow us on Whatsapp : +918336937153
Views: 21452 BANKING SUTRA
Ms. Foram Parekh (Fundamental Analyst - Equity) with BTVi on the 'Launch Money' show
Watch Ms. Foram Parekh (Fundamental Analyst - Equity) in an interaction with BTVi sharing her views on the Market. She also shared her views on OMC, aviation sector, banking sector and automobile sector.
Basics of Equity Research Career, Pay, Salary
For details, visit: http://www.financewalk.com Basics of Equity Research Career, Pay, Salary Equity research analysts work on both the sell side and the buy side. Sell-side researchers will work at an investment bank or independent research company, while the buy side typically indicates hedge funds, mutual funds or investment management. On the sell side, researchers develop earnings and cash-flow models of the companies they follow. The research is driven by stock performance: Is Infosys, for example, a good investment for a shareholder? A sell-side analyst will cover a specific group of companies and -know more about less- compared to a buy-side analyst. For example, an analyst might cover 10 Healthcare companies, write reports and make presentations to the clients, which may include investment managers like Fidelity and Morgan Stanley.. On the buy side, an analyst will follow 20 to 40 companies in two to three different sectors. The buy-side analyst focuses on suitability elements for the client involved. They don't publish their research like sell-side analysts do, but instead feed their insights to the portfolio managers who are managing money for the client. Reports can range from two to three pages after a company's earnings to 10 to 15 pages for a longer outlook piece. Not all analysts have to cover companies, however. Some analysts analyze macro trends across countries and for that you have to stay on top of current events. The Pay The pay includes salary + bonus. This bonus depends on the performance of the analyst The Lifestyle The hours required are less intensive than investment-banking hours. You need to put 10-12 hours every day. If you're working as an analyst on the sell side, arrive early. Sell side firms produce morning packages for the clients and so you need to come early. The position may offer greater flexibility than other finance jobs. At some equity research firms in Mumbai, analysts work 50 to 60 hours a week Your output is measured in terms of research and not the number of hours you put in.
Views: 16228 Avadhut Nigudkar
Banking Credit Analysis Process video
Crack Banking in the 1st attempt. Get India's best faculty video classes for best study at home. Give missed call @9980100288. International students - visit https://www.cakart.in and chat. A smart decision today can save you a lot of time (years) in your career. Give missed call @9980100288 now. CA Raja
Views: 2537 CA KART
Analysis and Outlook of Bahrain Banking Sector in 2011
Marcopolis.net Video Interview with Abdulkarim Ahmed Bucheery, Chief Executive of BBK & Chairman of Bahrain Association of Banks. Also available here http://www.marcopolis.net/analysis-and-outlook-of-bahrain-banking-sector-in-2011.htm. Bahrain is over-banked, which limits number of new entrants into the market and forces Bahrain banks to expand into the GCC. The sector will become more mature and clients will enjoy more sophisticated banking products. Certain degree of consolidation in the sector is possible although happening very slowly. Otherwise, the sector is healthy and sound. Only 4 financial institutions are leaving the country (only one because of the crisis). Bahrain still offers excellent facilities for the financial companies to set up their offices in Bahrain. To read the full transcript of the MarcoPolis interview with Mr. Bucheery of BBK & Chairman of Bahrain Association of Banks visit Marcopolis.net webpage http://www.marcopolis.net/bahrain-banking-banks-in-bahrain-and-the-crisis.htm.
Views: 145 Marcopolis Net
What Is a Leverage Ratio?
The leverage ratio is the ratio of debt to equity in a company, bank, house, etc. --------------------------------------------------------------- Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Dictionary of Economics Course: http://bit.ly/2HGIRFw Additional practice questions: http://bit.ly/2Jv11jo Ask a question about the video: http://bit.ly/2sRlDHX Help translate this video: http://bit.ly/2MhDnV3
Bank NPA Analysis (HINDI)
Bank NPA Analysis is very important part of fundamental analysis. If i hold or planning to invest in any banking stock or banking mutual fund then Bank NPA Analysis is a single most important criterion to select the stock or mutual fund. Personally, i refer to Gross NPA instead of net NPA. I track the quarterly movement of Gross NPA % and fresh slippages. It helps to understand how the bank is performing to control NPA. Another key ratio is PCR or Provision Coverage Ratio. Though higher provisioning impacts the profitability negatively but it is the right step to clean the bank's balance sheet. An increasing Provision Coverage Ratio implies that bank is protecting itself from the future losses. Besides checking financial statements. You should check the presentation or press release. In that, there is a section on Asset Quality. It provides complete details of bank NPA. It also shares the thought process of bank's management. Bank NPA Analysis is very crucial in today's scenario. If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia
Views: 12818 Nitin Bhatia
Financial Market #1: Investment Funds [ETF, ReITs, InvITs], Debt, Equity, & Derivatives
- since last three years, UPSC has asked barely 1-2 MCQs from the Finance, capital market and share market topics, therefore, we will only try to gather a working knowledge about these topics rather than pursuing technical accuracy or academic excellence. - There are two ways to start a company: debt and equity. - Debt instruments are further classified in 1) short-term instruments such as T-bills, Cash Management Bills (CMBs), Commercial papers, Promissory Notes, Certificate of Deposits - and Commercial Bill and 2) long-term instruments such as Loan, external commercial borrowing (ECB), Dated securities (G-Sec), Bonds (UK), Debentures (US), Municipal Bonds and Inflation Indexed Bonds - what is credit rating? Why does economic survey say that foreign credit rating agencies are having double standards for Indian sovereign bonds? - What is Bond Yield to maturity (YTM)? How is it related with RBI’s monetary policy and economic growth? - What was the impact of Donald Trump’s election and demonetisation on the yields of Indian government’s bonds. - What a coupon bonds, zero-coupon bonds, bearer bonds. Why is Fiat currency called “zero interest anonymous bearer bond? - Types of equity finance: Shares, preferential shares, venture capital funds and angel investors. What is seed capital and sweet equity? - Taxability on share dividend and bond interest? - Share: Face value, At par value, premium value, initial public offer (IPO), follow-on public offer, public issue, private issue, rights issue, preferential shares; Share buyback, share splitting, retained earnings - ADR- American depository receipts, global depository receipts (GDR), Bharat depository receipts (BhDR) - Types of mutual fund: net asset value (NAV), exit load. - Hedge funds and alternate investment funds. - Exchange Traded Funds (ETF), InvITs: infrastructure investment trusts, REITs: Real estate investment trusts, salient features and benefits. - Derivatives, securitisation, forward market, future market, spot market. Call option and Put Option. - SWAP agreements: Credit Default Swap, Currency Swap, Interest swap - Faculty Name: You know who - All Powerpoint available at http://mrunal.org/powerpoint - Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.
Views: 152448 Mrunal Patel
Ratio Analysis, Financial Ratio Analysis in Excel
For details, visit: http://www.financewalk.com Ratio Analysis, Financial Ratio Analysis in Excel Financial Ratio Analysis Meaning- " The process of calculating the relationships between various pairs of financial statement values for the purpose of assessing a company's financial condition or performance is called ratio analysis." Users of Financial Analysis Financial Analysis can be undertaken by management of the firm, or by parties outside the firm like owners, creditors, investors and others. The nature of analysis will differ depending on the purpose of the analyst. • Trade creditors- are interested in firm's ability to meet their claims over a very short period of time. Their analysis will, therefore, confine to the evaluation of the firm's liquidity position. • Suppliers of long term debt- on the other hand, are concerned with the firm's long-term solvency and survival. They analyse the firm's profitability over time, its ability to generate cash to be able to pay interest and repay principal and the relationship between various sources of funds i.e. capital structure relationships. Long-term creditors do analyse the historical financial statements, but they place more emphasis on the firm's projected, or pro forma, financial statements to make analysis about its future solvency and profitability. • Investors -- who have invested their money in the firm's shares, are most concerned about the firm's earnings. They restore more confidence in those firms that show steady growth in earnings. As such, they concentrate on the analysis of the firm's present and future profitability. They are also interested in the firm's financial structure to the extent it influences the firm's earnings ability and risk. • Management - of the firm would be interested in every aspect of the financial analysis. It is their overall responsibility to see that the resources of the firm are used most effectively and efficiently, and that the firm's financial condition is sound.
Views: 98243 Avadhut Nigudkar
Signs of a Strong Stock: Fundamentals/Technicals 👍
Signs of a strong stock from a fundamental and technical perspective. http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE These are the stock market signs that say BUY Fundamentals; let first look at fundamentals. What are the steps to find a fundamentally very strong stock? - Very low debt to equity ratio. - Return on equity is greater than 15% - Net profit + revenue growth has to be above 15% - Positive and growing free cashflow - Good dividend yield. Technicals; what makes a strong stock from a technical analysis perspective? These are signs for a market-beating shares! - At 52 week highs - Outperforming others in sector - Above major moving averages - Shallow pullbacks - Outperforming broader market
Views: 643 UKspreadbetting
The Teenager of the Banking Sector - newest student of the class | Detail Analysis | Fantastic Nifty
In this video we discuss the newest member of the banking sector. The bright teenager of the sector. Fantactic Nifty - Get all the fantastic information for Indian Stock Market, Stock Analysis, Market Tips. In this channel you will get all videos related to Stock Analysis, Portfolio Management, Multibagger stocks, Quarterly & Annual result analysis, Investment Tips & much more. Join Fantastic Nifty @Facebook - https://goo.gl/ZdXjL4 Join Fantastic Nifty @Twitter - https://twitter.com/FantasticNifty #fantasticnifty
Views: 503 Fantastic Nifty
Research Seminar on "Stock Picking - Insights from academic research"
Research Seminar by Mohanram, Partha S. on "Stock Picking - Insights from academic research" Despite the importance of the banking sector to the economy, prior valuation studies in accountinghave tended to generally discard bank stocks. We examine returns to a fundamental analysis based trading strategy for the U.S. bank stocks, using a bank fundamentals index (BSCORE) based on thirteen bank specific valuation signals. A long–short strategy based on BSCORE yields positive hedge returns for all but one year during the 1994–2013 period. Results are robust to partitions based on size, analyst following and exchange listing status, and persist after adjusting for known risk factors. Interestingly, we observe especially strong hedge returns during the 2007-2009 financial crisis. We further document a positive relation between BSCORE and future analystforecast surprises, earnings announcement period returns, and future performance-based delistings. Finally, the results are significantly enhanced if we combine the BSCORE strategy witha relative valuation strategy based on an intrinsic value approach. The results show that fundamental analysis can provide useful insights for analyzing banks, beyond the usual focus on metrics such as return on equity (ROE).
Bloomberg Training: Comparing Company Multiples Part 1- www.Fintute.com
Comparing company multiples is often one of the first tasks assigned to a junior analyst at an investment bank or equity firm. This Bloomberg training tutorial will look at how you can find key ratios and comparable companies using Bloomberg. Part 2 of the video will look at how you can use excel and Bloomberg's API interface to create dynamic models straight in excel. Be sure to give us your feedback!
Views: 19947 Fintute
[Hindi] Fundamental Analysis Basics  1-  Learn Stock Valuation , PE ratio  of Different Sectors
Hello Friend , this video is requested by many people asking about how to arrive at a stock Valuation for Long term investing Using Fundamental Analysis. I also explain why different sectors have different PE ratio and how to compare PE ratio for stocks in same sector. Please like , share and subscribe. Email : [email protected] Whatsapp : 9838479931 Open best Trading and Demat account -Lowest Brokerage Zerodha or Upstox Trading account (Flat 20rs Brokerage) with us and enjoy Multiple benefits worth 10000 rupees Free !! 1:Free Live Intraday market Calls for educational Purpose . 2:Intraday Training Webinar on Selecting Stocks for intraday. 3:Access to Screener to select stocks for intraday for 6 months 4:Zerodha Pi Stock selection Alert Codes(For Zerodha accounts). UPSTOX :Click below link to open account and get benefits. Remember use link below only! To open , click https://upstox.com/open-demat-account/?f=dlmk Zerodha: Click below link to open account and get benefits. Remember use link below only! To open, click https://zerodha.com/open-account?c=ZMPXXL Website : www.jaanoaurseekho.com Training: https://jaanoaurseekho.com/stock-market-training Screener: https://jaanoaurseekho.com/intraday-realtime-stock-screener/ Full Video on how to open Zerodha account instantly - https://www.youtube.com/watch?v=l2RbKniOQBg Full Video on how to open upstox account instantly - https://youtu.be/s6Mqd5yPOJs
Views: 83336 Jaano Aur Seekho
Buy Side Sell Side Analyst, Job Description of Equity Research Analyst
For details, visit: http://www.financewalk.com Buy Side Sell Side Analyst, Job Description of Equity Research Analyst Sell Side Analysts and Buy Side Analysts So, after knowing the job description, working conditions and career development opportunities, you have decied to be an equity research analyst. Now, tell me- do you want to work on the buy side or the sell side? Confused? Don't know what's the sell side and what's the buy side? Let me explain.. All equity and credit analysts perform research in order to make buy and sell recommendations. The ultimate user of those recommendations and the clients who pay the bills determine if you are on the buy side or the sell side. Sell Side Analysts • Sell side analysts, also known as equity research analysts, are generally the analysts you see on financial news channels recommending stocks. They perform research and make recommendations that are sold to others to use -- this is why you see them on television. Sell side analysts do not use the research for their own portfolios, their goal is to sell their research to others to use in their portfolios. Generally, their research is sold to the buy side -- buy side analysts are the clients of sell side analysts. • Sell side analysts closely follow companies and issue research reports and earnings models for their coverage universe. Their coverage universe is usually focused on a specific niche or sector ( e.g. Telecom, Healthcare, Metal). If you've ever listened to a company's quarterly conference call, then you've listened to sell side analysts as they are typically on the calls asking questions of management. • One key difference between buy side and sell side analysts is the role of marketing. Sell side analysts spend a large amount of time talking to existing clients and potential new clients about their research. Their job is to convince institutional investors (i.e., buy side analysts) that their research is worth paying for --through trading commissions with their firm. • Backing up a bit, sell side analysts are typically employed by two types of firms: the large, bulge bracket brokerage houses and investment banks that are household names or smaller, boutique research shops that only provide research. The larger firms have trading desks, so a portion of the trading commissions generated are paid in exchange for access to that firms sell side research. For the smaller firms without trading desk, the research is typically paid through cash. • Another key difference between buy side analysts and sell side analysts applies to those sell side analysts at the large brokerage firms that have investment banks. One role of the investment bank is to raise capital for public companies -- the same public companies that its research analysts cover. This creates a serious conflict of interest because the investment bankers don't want its research analysts slapping SELL ratings on companies where they are trying to raise capital. Sarbanes-Oxley has rules that strengthened the Chinese walls between the research groups and the bankers, but the internal conflict is still there and evidenced by the very high percentage of BUY recommendations issued by analysts compared to an almost zero number of SELL ratings.
Views: 11685 Avadhut Nigudkar
Banking Classification #2: Nationalized PSBs, Merger of SBI Associate Banks & Mahila Bank (BMB)
- In the Post Independent India, till 1963, 188 influential people like Raabert Waadra were in the board of top 20 banks, 1452 companies, and numerous insurance, finance companies, NGO, trust. And such reckless lending to directors was the main cause of banking collapse. - And these private owned banks were not opening branches in rural areas, not giving loans to farmers and MSME, not helping in the achievement of five year plans. - Therefore in two rounds (1969 and 1980), the Government of India nationalized total 20 private banks, with deposits worth Rs.50 cr and Rs. 200 crores respectively. - The smaller private banks which escaped the nationalization drive, as known as old private banks. Therefore 12 such banks, namely- 1) Catholic Syrian Bank Ltd , 2) Dhanlaxmi Bank, 3) RBL Bank , 4) Tamilnad Mercantile Bank, 5) City Union Bank, 6) Federal Bank, 7) Jammu & Kashmir Bank, 8) Karur Vysya Bank, 9) Lakshmi Vilas Bank, 10) Nainital Bank, 11) South Indian Bank and 12) Karnataka Bank - After the Gyan Sangam-II summit in 2016, government decided to merge the 5 associate bank of SBI and Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI). In this lecture, we'll see the history of all these banks, and the merge procedure, including the arguments in favour and against this move. - Lastly, Government also decided to privatize and transform IDBI Bank just like how they did with UTI to Axis Bank. What's this entire case, we'll see in this lecture. - Faculty Name: You know who - all Powerpoint available at http://mrunal.org/powerpoint - Exam-Utility: UPSC IAS IPS Civil service exam, Prelims, CSAT, Mains, Staff selection SSC-CGL, IBPS-PO/MT, IBPS-CWE, SBI PO & Clerk, RBI and other banking exams; LIC, EPFO, FCI & other PSU exams; CDS, CAPF and other defense services exams; GPSC, MPPCS, RPSC & other State PCS services exams with Indian Economy, Budget, Banking, Public Finance in its syllabus- with descriptive questions and answer writing.
Views: 95039 Mrunal Patel
Why YES Bank Stock Falling? | YES Bank Share analysis | Why is Yes Bank Share Price Crashing?
YES Bank, which was once a favourite share or stock on Dalal Street, saw over 40 per cent erosion in investor wealth in one week flat. Shares of the company tanked to a low Rs 184.45 during the first half on Friday from Rs 318.50 on September 19. The Reserve Bank of India had last week curtailed the 3-year term that the board had sought for Kapoor, also one of the promoters, to January 31, 2019, and asked the bank to find a replacement. Make your Free Financial Plan today: http://wealth.investyadnya.in/Login.aspx Yadnya Book - 108 Questions & Answers on Mutual Funds & SIP - Available here: Amazon: https://goo.gl/WCq89k Flipkart: https://goo.gl/tCs2nR Infibeam: https://goo.gl/acMn7j Notionpress: https://goo.gl/REq6To Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/InvestYadnya Facebook Group - https://goo.gl/y57Qcr Twitter - https://www.twitter.com/InvestYadnya #InvestYadnya #YIA
Financing Options In The Mining Industry
How do gold companies finance themselves? The global mining industry is very capital intensive and requires hundreds of millions to take a project from exploration to production. This means that companies must be good at raising capital to develop projects and create shareholder value. The four key sources of financing are; - Equity financing; common shares & flow-through shares - Internal funds - Debt financing - Alternative financing through royalty or streaming agreements Skip ahead to the mining stage that interests you; 9:25 - Exploration Stage 28:50 - Evaluation Stage 47:15 - Development Stage 58:40 - Production Stage In this video, I cover some important question related to the financial side of the mining industry. - How do junior exploration companies finance themselves? - What are royalty agreements? What is a Net smelter royalty? - What are streaming agreements? - What are the trade-offs between royalty and streaming agreements? - What is the capital pool company program and how has it helped the mining industry? - What are earn-in JVs and how can they help junior exploration companies? For more information on this topic, consider the book, “How Gold Companies Finance Themselves: Financing options at various stages of development and production.” You can buy the book on Amazon at the link below; https://www.amazon.com/How-Gold-Companies-Finance-Themselves/dp/098484905X If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 1102 FinanceKid
The Market Update with Kay Kim - 9/8/2017
TODAY'S ANALYSIS: * Index: SPY DIA IWM QQQ * Bank Sector: XLF * Equity: AAPL TSLA NFLX FB AMZN GOOGL Visit: http://2tradersclub.com How I Am Positioned: https://www.youtube.com/watch?v=-gbiv8iVMds&t=515 5 Biggest Reasons Market Crash NOT: https://www.youtube.com/watch?v=-jwhbtdst-8 Stock Market 5-Year Bull Run Is Coming: https://www.youtube.com/watch?v=VDV35YFT1kw&t=326 Dow's Historical Breakout-New Secular Bull Market: https://www.youtube.com/watch?v=VDV35YFT1kw Coming Extinction Of The Bears: https://www.youtube.com/watch?v=J-dTbyRBDbw Marc Faber Says Dow Could Reach 100,000?! https://www.youtube.com/watch?v=GwEc9jc7TiQ&t=25s FREE Trading Lessons: http://2tradersclub.com/category/video-lesson/ BIO: Kay Kim is a stock market trader & investor and a business owner. In his early 20s, Kay started his submissive beginning as a janitor with his parents to help out the family while supporting himself for college. 12 years later, Kay has become and currently serving as CFO and the owner of the very company (http://luckykloverinc.com) he worked for. In 2007, Kay's quest began in the Stock Market to master this profession with extensive & intensive research and development on technical analysis. In 2012, Kay has engaged in writing his work and knowledge on his Financial Market blog, Traders Club (http://2tradersclub.com). He is a self-taught stocks & options trader/investor where he manages his discretionary account while providing the Market Research work for his members (http://2tradersclub.com/join). JOIN THE CLUB: http://2tradersclub.com/join EMAIL ME: http://2tradersclub.com/email/ FOLLOW ME: Twitter http://twitter.com/2kaykim StockTwits http://stocktwits.com/2kaykim Facebook https://www.facebook.com/2tradersclub LinkedIn https://www.linkedin.com/in/tokaykim Website http://2tradersclub.com DISCLAIMER: This information is for educational purposes and is not a investment recommendation nor to be representative of professional expertise, but to be used as a forum for opening discussions around trading. All examples and analysis used herin are for illustration purposes only, and of the personal opinions of the Original Posts author. All examples and analysis are intended for these purposes and should not be considered as specific investment advice.
Views: 820 Kay Kim
Stock Market #8 - NPA or Non Performing Assets, RBI, FM Channels, Share Buyback
Bank NPA's or Non-Performing Assets is one of the key concerns for banks and NBFC (Non-Banking Financial Companies). In a recent financial stability report, RBI has highlighted that NPA's are rising at an annual rate of 18.5%. Private sector banks are contributing 40.8% and Public sector banks are contributing 17%. Quikr has bought two subsidiaries of HDFC Ltd i.e. HDFC Developers Limited and HDFC Realty Limited. Govt has decided to auction 680 FM channels in 236 cities. In another development, the promoters of Wipro have increased their shareholding in the company through buyback and the promoters of mothersonsumi sold 2.9 Crore shares. If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia
Views: 6204 Nitin Bhatia
Understand the Concept of Fundamental Analysis on Stocks by Kotak Securities
Fundamental analysis of stocks is carried out to evaluate the value of the company. The fundamental analysis of Indian stocks will compare the data of profit and loss statements, balance sheet and competitors analysis. Watch the entire video to know more about Fundamental Analysis. To understand the Fundamental Analysis of Stocks, read the Knowledge Bank by Kotak Securities by clicking the below link- https://www.kotaksecurities.com/ksweb/Research/Investment-knowledge-bank/What-is-fundamental-analysis-of-stocks View more such videos in the playlist Introduction to Stock Market Investing: https://www.youtube.com/playlist?list=PLs0brI6HP1L_j0_zASt3B-8YrwQBE4NrU Official Website: https://www.kotaksecurities.com/ Follow Kotak Securities on social platforms: Facebook: https://www.facebook.com/kotaksecurities/ Twitter: https://twitter.com/kotaksecurities/ SlideShare: https://www.slideshare.net/KotakSecurities LinkedIn: https://www.linkedin.com/company/kotak-securities
Views: 5173 Kotak Securities
Equity bank's news software.
http://www.ktnkenya.tv Samba technology limited has launched in to the Kenyan market what it says is a universal banking solutions meant to empower Kenyan banks to maximize their opportunities for growth. among the banks that have already signed up for the solution includes equity bank. Philip Keitany Report's
Views: 345 KTN News Kenya
Financial Modeling and Valuation - Banking Sector
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Equities in 100 seconds: Banking - Investment banks  | 28 June 2013
James Chappell, analyst at Berenberg, on Banking - Investment banks: "Still too much leverage". Berenberg's team of 70 analysts covers nearly 500 European equities across all industry sectors: Consumer, Financials, Healthcare, Industrials, Materials, Energy, and Technology, media and telecoms. We continue to extend the breadth and depth of coverage to reflect changing business conditions throughout the region. Our research is based on a successful stockpicking approach. We select investment ideas using robust and rigorous analysis of financial information and management capabilities, which we combine with a thorough understanding of the issues that influence the behaviour of stock prices. Based on thorough analysis of the competitive environment our analysts identify well-managed companies with a market position that permits them to sustain and increase returns on capital at attractive levels.
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Cytonn FY'2017 Banking Sector Full Report
Rate Cap, Standard Chartered, Non performing loans, asset quality, cost-income ratio, Price-to-Equity multiples, bank rally, Kenya Bankers Association, digitisation, mobile banking, financial inclusion, KCB Group, private sector credit growth, non-interest income.
Views: 62 Rich Management
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