When valuing companies that have material capitalised leases make sure you check whether lease payments are indexed to inflation - it may have a significant impact. #ifrs16 #equityanalysis #valuation #tesco footnotesanalyst.com/beware-the-ifr…

One of the best things about IFRS16 is that it makes DCF valuations easier and less prone to error ... but make sure your DCF models have been updated correctly. #ifrs16 #ifrs #valuation footnotesanalyst.com/dcf-valuation-…

Why enterprise value multiples are worth the added effort footnotesanalyst.com/enterprise-val… #ifrs #valuation

Latest article on The Footnotes Analyst ... footnotesanalyst.com/leverage-and-c…

New article from The Footnotes Analyst on analysing multi-employer pension liabilities. #ifrs #pensions #valuation footnotesanalyst.com/multi-employer…

New article about equity valuation multiples from The Footnotes Analyst ... footnotesanalyst.com/why-you-should… #valuation #investmentmanagement

New article published by The Footnotes Analyst ... footnotesanalyst.com/leasing-and-le… #ifrs16 #LeaseAccounting

Latest article published by The Footnotes Analyst footnotesanalyst.com/operating-prof…

New article from The Footnotes Analyst ... An option based approach to equity valuation is particularly relevant at the moment considering lower values, higher leverage and higher volatility. footnotesanalyst.com/allocating-val…

New article by The Footnotes Analyst ... Intangible asset accounting and the ‘value’ false negative Do the deficiencies in intangible asset accounting result in the incorrect classification of stocks as ‘value’ or ‘growth’? footnotesanalyst.com/intangible-ass…

New article from The Footnotes Analyst ... understanding and forecasting the stock-based compensation expense and why the change in 2020 may not be what you might expect. footnotesanalyst.com/forecasting-st…

New article from The Footnotes Analyst ... footnotesanalyst.com/disaggregation… #ifrs #ValueInvesting

New article from The Footnotes Analyst ... Why the distribution of potential profit and cash flow matters and why investors should focus on probability weighted expected values and not the most likely outcome. #ifrs footnotesanalyst.com/most-likely-pr…

New article from The Footnotes Analyst .... Pension funds create leverage for sponsoring companies - investors should ensure these effects are fully reflected in DCF valuations. footnotesanalyst.com/dcf-and-pensio…

New from The Footnotes Analyst ... Bitcoin: The financial reporting challenge for investors How cryptocurrency investments affect corporate performance metrics and why intangible asset accounting does not work. footnotesanalyst.com/bitcoin-the-fi…

New article from The Footnotes Analyst ... Why investors need fair values for non-operating assets and liabilities and non-common share equity claims. footnotesanalyst.com/enterprise-to-…

New article from The Footnotes Analyst ... Comparisons of price to book with return on equity .... Does it work? footnotesanalyst.com/price-to-book-…

Just because coupon rates of convertibles are low does not mean that the economic cost is also low or that shareholders benefit from convertible financing. New article from The Footnotes Analyst ... footnotesanalyst.com/zero-coupon-co…

In the latest article from The Footnotes Analyst we consider how the lack of intangible asset recognition in financial statements creates challenges for investors trying to interpret performance metrics. footnotesanalyst.com/missing-intang…

The challenge of making goodwill accounting relevant for investors - a new article from The Footnotes Analyst …. footnotesanalyst.com/goodwill-accou…