Equity Research is a division within either a buy-side or sell-side firm which is responsible for the research used by the firm and its clients. The purpose of an equity researcher is to provide insig...
What is a Roadshow?A roadshow is when bankers take the company looking to issue equity (or another financial instrument) around to potential large-scale investors such as hedge funds and pension funds...
A private placement is when an ECM team helps a company issue equity (not traded on an exchange) to a buyer or helps an existing investor sell shares to another private entity....
Equity Capital Markets (ECM) is the team/group that is responsible for providing advice on equity, equity-linked and equity derived products, including shares, futures, swaps and options.An ...
In finance the word equity has two main meanings:A share or any security which represents partial ownership of a firmThe value of a firm which has been contributed by the shareholdersIn share te...
Enterprise Value (also known as EV) is a metric that attempts to reflect the market value of a firm. It can be used as an alternative to market capitalization.Essentially, Enterprise Value a...
The Efficient Market Hypothesis is a theory that states that the global markets are always 100% efficient, i.e. that all prices are 100% accurate and that there is never any inefficiency. This means t...
Economies of Scale (EOS) is a term used to describe the increase in efficiency gained through an increase in the scale of operation. This is usually reflected either in increased productivity or throu...
Earnings Per Share, or EPS, is simply the profit of the firm per outstanding share. The higher the value of EPS, the more profitable the company is.The calculation for EPS is simply Net Income dividen...
EBITDAR stands for Earnings Before Interest, Taxation, Depreciation, Amortization and Rent. This is used over EBITDA when the firm in question has extremely high rental expenditure (airlines...