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Tag Archives: corporate

Cartoon Valuation

We are going to cover valuation techniques in a separate post – but here is the Valuation 101 of how investment bankers determine if a share is currently undervalued or overvalued. We use a piece of financial economics called a discounted cash flow (DCF) model. This is a key part of corporate finance. Now value does not always equal price – but as the Benjamin Graham quote goes, “In the short-term, the market is a voting machine and in the long-term a weighing machine”.

The DCF is the primary method in corporate finance theory for calculating value. In corporate finance – value is a DCF…

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Introducing myself – Mark Clare from Clare Capital

My name is Mark Clare and I am an investment banker working in New Zealand.

There is a lot of misconception and misunderstanding about the work I do. My industry is partly to blame for this situation. There is not a lot of “openness” in investment banking (or “IB” as it is called by insiders). But this is the 21st century – and everything is in a state of flux.

I am building a 21st century investment banking firm – I want it to be the first choice of anyone seeking corporate finance advice in New Zealand. This blog (a term I am not afraid of) is part of that process.

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