- Видео 99
- Просмотров 48 668
AUXILIA Mathematica
США
Добавлен 4 янв 2022
Subscribe to watch helpful, daily videos about private equity value creation. Learn to master the private equity value bridge, or just generate ideas for your next investment committee memo, fundraising deck, DDQ, or PPM.
A new video will be posted every morning, Mon-Fri, through Q2 2024.
A new video will be posted every morning, Mon-Fri, through Q2 2024.
Free Email Course: Private Equity Value Creation Models
auxiliamath.com/email-course/
Learn to measure what really drives private equity returns with AUXILIA Mathematica’s bi-weekly email course and newsletter that highlights our most interesting and helpful analysis techniques.
Every few days, we’ll send you a new message that should only take about 5 minutes to read. Each features a succinct video, with links to more comprehensive explanations and useful Microsoft Excel templates.
New subscribers will begin with simpler concepts and models, and then proceed to more advanced topics. If you read them all, you will thoroughly master the private equity value bridge. However, casual readers will also benefit and generate great ideas for their next i...
Learn to measure what really drives private equity returns with AUXILIA Mathematica’s bi-weekly email course and newsletter that highlights our most interesting and helpful analysis techniques.
Every few days, we’ll send you a new message that should only take about 5 minutes to read. Each features a succinct video, with links to more comprehensive explanations and useful Microsoft Excel templates.
New subscribers will begin with simpler concepts and models, and then proceed to more advanced topics. If you read them all, you will thoroughly master the private equity value bridge. However, casual readers will also benefit and generate great ideas for their next i...
Просмотров: 130
Видео
Private equity value bridge with an add-on acquisition
Просмотров 702 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ Calculate private equity value creation with an add-on acquisition, follow-on equity investment, and equity distribution. Full video and Excel template available at: auxiliamath.com/video/vc118/ Want to build private equity value creation models faster? Subscribe to ValueBridge.net for 100 Exce...
M&A adjustments for a private equity value bridge
Просмотров 622 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ How to incorporate M&A adjustments like add-on acquisitions, follow-on equity investments, and equity distributions into the private equity value bridge. Full video and Excel template available at: auxiliamath.com/video/vc118/ Want to build private equity value creation models faster? Subscribe...
Shortcomings of multi-step value creation models
Просмотров 322 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ Multi-step value creation models are accurate, but often impractical, because they require capital structure and P&L data that is typically not available to most analysts. Full video and Excel template available at: auxiliamath.com/video/vc118/ Want to build private equity value creation models...
Value bridges with add-on acquisitions and other events
Просмотров 442 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ Special adjustments are required to build value bridges with add-on acquisitions, follow-on equity investments, equity distributions, and other holding period events. Full video and Excel template available at: auxiliamath.com/video/vc118/ Want to build private equity value creation models fast...
ROI impact of ESG initiatives in private equity
Просмотров 502 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ How to precisely quantify the ROI impact of ESG initiatives using a private equity value creation model. Full video and Excel template available at: auxiliamath.com/video/vc117/ Want to build private equity value creation models faster? Subscribe to ValueBridge.net for 100 Excel templates, with...
ESG trade-offs in private equity
Просмотров 1792 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ Analysts can measure the ROI impact of any ESG initiatives that have measurable influence on portfolio company balance sheets and income statements. Full video and Excel template available at: auxiliamath.com/video/vc117/ Want to build private equity value creation models faster? Subscribe to V...
Pitching a new ESG private equity fund
Просмотров 932 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ An ESG pitch can fall flat if it doesn’t account for the real costs of changing a GP’s investment approach. Full video and Excel template available at: auxiliamath.com/video/vc117/ Want to build private equity value creation models faster? Subscribe to ValueBridge.net for 100 Excel templates, w...
Five mistakes that private equity GPs make
Просмотров 472 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ Materially improve your apparent skill as an investor and operator by avoiding these five mistakes that private equity GPs make. Full video and Excel template available at: auxiliamath.com/video/vc116/ Want to build private equity value creation models faster? Subscribe to ValueBridge.net for 1...
GP mistake: Understating exit EBITDA
Просмотров 462 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ By understating exit EBITDA, GPs cause less value to be attributed to operational value drivers like EBITDA growth and EBITDA margin expansion, and more value to be attributed to multiple expansion. Full video and Excel template available at: auxiliamath.com/video/vc116/ Want to build private e...
GP mistake: Overstating entry EBITDA
Просмотров 292 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ By overstating entry EBITDA, GPs cause less value to be attributed to operational value drivers like EBITDA growth and EBITDA margin expansion, and more value to be attributed to multiple expansion. Full video and Excel template available at: auxiliamath.com/video/vc116/ Want to build private e...
How NOT to send portfolio company data to LPs
Просмотров 752 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ Too many GPs make the mistake of sending LPs data that undermine their apparent skill as investor and operator. Full video and Excel template available at: auxiliamath.com/video/vc116/ Want to build private equity value creation models faster? Subscribe to ValueBridge.net for 100 Excel template...
21 more private equity equations explained in 3 minutes
Просмотров 392 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ See how 21 more private equity equations describe the operational, financial, and broader-market drivers of portfolio company returns (Logarithmic model). Full video and Excel template available at: auxiliamath.com/video/vc115/ Want to build private equity value creation models faster? Subscrib...
Measure more private equity value drivers using less data
Просмотров 252 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ Calculate more private equity value drivers with fewer inputs. Reliable results without special data requests to Fund managers and deal teams. Full video and Excel template available at: auxiliamath.com/video/vc115/ Want to build private equity value creation models faster? Subscribe to ValueBr...
21 private equity equations explained in 4 minutes
Просмотров 1142 месяца назад
Master private equity value creation models with our free email course: auxiliamath.com/email-course/ See how 21 private equity equations describe the operational, financial, and broader-market drivers of portfolio company returns (Derivative model). Full video and Excel template available at: auxiliamath.com/video/vc115/ Want to build private equity value creation models faster? Subscribe to V...
Private equity value creation framework
Просмотров 542 месяца назад
Private equity value creation framework
An unlevered PME alternative (more difficult)
Просмотров 392 месяца назад
An unlevered PME alternative (more difficult)
Private equity returns driven by excess debt
Просмотров 482 месяца назад
Private equity returns driven by excess debt
PME fails when leverage levels don’t match
Просмотров 442 месяца назад
PME fails when leverage levels don’t match
Lower middle market manufacturing return expectations
Просмотров 533 месяца назад
Lower middle market manufacturing return expectations
Private equity addressable market data sources
Просмотров 913 месяца назад
Private equity addressable market data sources
PE manager-driven market share growth calculation
Просмотров 873 месяца назад
PE manager-driven market share growth calculation
More PE manager-driven market share growth formulas
Просмотров 303 месяца назад
More PE manager-driven market share growth formulas
PE manager-driven market share growth formulas
Просмотров 993 месяца назад
PE manager-driven market share growth formulas
Private equity market multiple data sources
Просмотров 1303 месяца назад
Private equity market multiple data sources
Robust multiple expansion measurements
Просмотров 563 месяца назад
Robust multiple expansion measurements
How PE managers drive intrinsic multiple expansion
Просмотров 563 месяца назад
How PE managers drive intrinsic multiple expansion
PE manager-driven multiple expansion calculation
Просмотров 663 месяца назад
PE manager-driven multiple expansion calculation
PE manager-driven multiple expansion formulas
Просмотров 1013 месяца назад
PE manager-driven multiple expansion formulas
Brilliant
Hi, thanks for this video! I'd like to ask whether there are any prerequisite fields of knowledge for this and what pre-readings I could make to understand this video? Thank you!
Hi @pharos10957, This video is a clip from a longer (~17 minute) video that provides more context: auxiliamath.com/video/vc118/ And VC118 is part of a longer video series you can access here: auxiliamath.com/video/ Also, I recently created a free email course that goes through all the content: auxiliamath.com/email-course/ And, finally, I put a lot of this content into a book that I published in 2021: www.amazon.com/author/reinard
Really appreciate the learning and lolz 🫡
I understand why leverage makes equity value change faster than enterprise value, but can you explain why equity value changes slower than enterprise value in a cash only transaction-as you referenced? Thanks
Sure. Total equity value (TEqV) and total enterprise value (TEV) change at the same rate when net debt is $0, and TEqV=TEV. That may be the case in a cash-only transaction, but in many growth investments GPs put excess cash on the balance sheet to fund growth initiatives. These have net debt <$0 and TEqV>TEV, so if both go up by $100, the relative (%) change in TEqV will be less. Here is a video on it: ruclips.net/video/3XC3JE2vMgc/видео.html
@@MikeReinard that’s helpful. Thanks, Mike.
Your series has helped me dominate internal politics and AOP planning by mathemagically projecting the impact of initiatives with beautiful value bridges
Thanks @MoneyballTV. Great to hear!
This is very high quality stuff.
Thanks @MrDebpriya. I recently created a free email course that covers these models in more detail. If interested, you can sign-up here: auxiliamath.com/email-course/
Awesome video bro!
im smoking crack to this
I got the book. It is great -- clear, detailed, usable. This is the first video I'm watching -- it's good, too. Thanks for sharing so much knowledge.
Thanks @Faraday100! Feel free to get in touch with me if you ever want to chat about how to apply these models to different problems and situations.
This is so good
Thanks @evans8488 !
I'm so confused ! Summarize this video someone
This is a deep dive on how some LPs and industry researchers measure the sources of value creation in private equity deals. I don't recommend it because there are ways to get better results with easier math. For example, see: ruclips.net/video/D7FNnHEBsy0/видео.html
🙋 *PromoSM*
I know this might sound like a dumb question, but what exactly is the "Average Holding Period"?
Hi Abdullah, You can just take the average of the values at Entry and Exit, or t1 and t2. In the example the company's Total Enterprise Valuation (TEV) grows from $100 to $180, so for the Leverage Effect formula, the "average holding period" TEV is $140.
@@auxiliamath Thanks A lot, Mike!
Thank you!! Beautifully presented
Thanks @rohancardoza7634!
This is an underrated page!!! This is great content and it makes me thing more strategically when doing deals. Thank you
Hi Olukunle, glad you find it helpful. Thanks for the kind comment! If you ever register for the website, I'll make sure you get online access to the book and Excel templates. auxiliamath.com/register/
Good stuff, Mike. Well done.
Thank you!