Terminal industry – Viventing Online Marketing http://viventingonlinemarketing.com/ Sat, 22 Jan 2022 02:22:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://viventingonlinemarketing.com/wp-content/uploads/2021/06/icon-2021-06-25T191740.045.png Terminal industry – Viventing Online Marketing http://viventingonlinemarketing.com/ 32 32 Midland WTI AGC Futures contract to start trading https://viventingonlinemarketing.com/midland-wti-agc-futures-contract-to-start-trading/ Fri, 21 Jan 2022 22:11:01 +0000 https://viventingonlinemarketing.com/midland-wti-agc-futures-contract-to-start-trading/ After months of development, Intercontinental Exchange Inc. will offer its ICE Midland WTI American Gulf Coast futures contract for trading starting January 24. This new contract, launched more than three years after ICE launched Permian West Texas Intermediate futures contracts that delivered oil to Magellan Midstream’s East Houston terminal, now includes an option to deliver […]]]>

After months of development, Intercontinental Exchange Inc. will offer its ICE Midland WTI American Gulf Coast futures contract for trading starting January 24.

This new contract, launched more than three years after ICE launched Permian West Texas Intermediate futures contracts that delivered oil to Magellan Midstream’s East Houston terminal, now includes an option to deliver to Enterprise Product Partners’ Enterprise Crude Houston terminal. . The first contractual month to be delivered to both terminals will be the March 2022 contract.

Discussing the new contract, Jeff Barbuto, global head of oil markets at ICE, told The Reporter-Telegram last summer that delivery to both terminals “means the contract will be underpinned by nearly 4.5 million barrels per day supply capacity of Midland WTI grade crude directly from the Permian to Houston.


He added that the contract will also provide access to nearly 60 million barrels of storage capacity at Magellan and Enterprise terminals, access to water through 14 ship docks in Houston, and “the extensive distribution systems from Houston of Magellan and Enterprise; and all unified around common specifications and quality. This includes an additional 90 million barrels of storage capacity in Magellan and Enterprises distribution systems.

Rick Rainey, vice president of public relations at Enterprise, referred the Reporter-Telegram to comments from Brent Secrest, executive vice president and chief commercial officer of the company’s general partner.

Commenting on the contract launch, Secrest said: “Based on market feedback received during the development of the contract rules and specifications, it became clear that a solution was needed to ensure buyers can receive crude oil at the terminal. of their choice. We are pleased to work with Magellan to provide this flexibility at no cost for Midland WTI AGC barrels, and to further standardize WTI’s general transfers to HOU quality specifications in support of this contract.

Last summer, as the contract was being developed, Secrest said, “As the market hub for Permian Basin production, Houston represents the most logical choice for a new futures contract. Between Magellan and Enterprise, we offer access to virtually all export capacity in the Houston region, redundant connectivity to all refineries in the region, a robust storage position on the Gulf Coast and interconnections to all relevant supply pipelines, including those owned by third parties. ”

Rainey commented that “the Permian Basin has been the focal point of domestic drilling activity and there is a need ‘from our perspective to get that oil to the Houston area’ and give producers the choice of the how this oil moves from the Permian Basin to the Gulf Coast.

Under the terms of the futures contract, the seller has the option to deliver to either Magellan or Enterprise terminals and buyers have the option to indicate their preferred terminal to take delivery. During the first year, Magellan and Enterprise agreed to transport barrels of Midland WTI between terminals free of charge if not delivered to the buyer’s preferred terminal, and at 10 cents per barrel for all other transfers of WTI meeting Houston quality specifications.

Barbuto said in a statement, “This contract was developed by working with industry participants every step of the way and marks an important step in developing the U.S. Gulf Coast as a benchmark location for crude oil pricing. American.”

]]>
Automated Container Terminal Market Report Showing Industry Will Show Excellent Growth https://viventingonlinemarketing.com/automated-container-terminal-market-report-showing-industry-will-show-excellent-growth/ Thu, 20 Jan 2022 06:06:59 +0000 https://viventingonlinemarketing.com/automated-container-terminal-market-report-showing-industry-will-show-excellent-growth/ Reading time:1 minute, 59 seconds Looking for key players in the automated container terminal market? With newer and lighter railcar production, shift in container concepts, notable terminal development opportunities through the implementation of AI-powered software, there are plenty of opportunities for market players . Automated Container Terminal Market Report, is a container terminal market report […]]]>

Reading time:1 minute, 59 seconds

Looking for key players in the automated container terminal market? With newer and lighter railcar production, shift in container concepts, notable terminal development opportunities through the implementation of AI-powered software, there are plenty of opportunities for market players . Automated Container Terminal Market Report, is a container terminal market report by research agency Crimson Consulting that examines the status quo in place for the automated terminal markets. This is the steady growth of the stand-alone container terminal industry in North America for the Container terminal asset market is experiencing a new forecast as the market will witness good growth during this period.

Automated Container Terminal Market Overview

The automated container terminal market was valued at USD 5.49 billion in 2017 and forecast analysis to 2025 reveals a robust growth rate. The demand for automated container terminals is driven by the need for improved services, which would lead to lower facility costs, which would save operating companies around $46 million per year.

Click on the tab below to avail the sample copy of the report .@

Sample request

key player

Automated Container Terminal Market Report One report indicating that the industry will show excellent growth is the Automated Container Terminal Market report which provides interesting insights on the key players encountered. The market held an estimated volume of $39 billion and is expected to reach $288 billion in 2022. By possessing automation technologies, players will be able to minimize manual interventions, improve throughput, and reduce costs. The key player in the industry is ATC. The major players in the automated container terminal industry are expected to grow at a significant rate.

search results

The Automated Container Terminal Market report from Market Research is a source on the global Automated Container Terminal market. The study included various qualitative and quantitative methods to assess the outlook and performance of different market segments over the period 2019-2027. The report is a standalone source on the Automated Container Terminal Market report. It touches on the efficiency of container terminal operations which will lead to good growth in the future. Many aspects covered in this research study include the factors that contribute to the global economy, security, and convenience operations today.

Click on the tab below for the instant purchase of the report with a flat rate discount of $500

Instant Buy Request

happy

happy


0 %

Sad

Sad


0 %

Excited

Excited


0 %

Sleepy

Sleepy


0 %

Angry

Angry


0 %

Surprise

Surprise


0 %

]]>
Regional Braille Terminals Market Outlook, Competitive Strategies and Forecast to 2028 https://viventingonlinemarketing.com/regional-braille-terminals-market-outlook-competitive-strategies-and-forecast-to-2028/ Tue, 18 Jan 2022 07:11:43 +0000 https://viventingonlinemarketing.com/regional-braille-terminals-market-outlook-competitive-strategies-and-forecast-to-2028/ The recently published a research report titled “Global Braille Terminal Market Research Report 2025”. evaluate various factors having an impact on its trajectory. Analysts have used primary and secondary research methodologies to determine the trajectory of the market. Data includes historical and forecast values ​​for complete understanding. The global braille terminals market is expected to […]]]>

The recently published a research report titled “Global Braille Terminal Market Research Report 2025”. evaluate various factors having an impact on its trajectory. Analysts have used primary and secondary research methodologies to determine the trajectory of the market. Data includes historical and forecast values ​​for complete understanding. The global braille terminals market is expected to rise over the forecast period owing to various drivers and opportunities residing in the ever-growing market. This report includes an assessment of various drivers, government policies, technological innovations, upcoming technologies, opportunities, market risks, restraints, market barriers, challenges, trends, competitive landscape, and segments .

The Braille Terminals Market study provides an in-depth analysis of the key growth drivers and opportunities that will determine the expansion of the business over the forecast period. Moreover, it sheds light on the threats and challenges restraining the market growth and suggests methods to limit their impact on profit. The report also includes the history of market increase and key developments across the globe. It provides a clear picture of future market trends and prospects to build sound business strategies.

The research document compares the past and present market scenario to determine the growth rate of the industry over the assessment period. Further, it assesses the impact of COVID-19 pandemic on the Braille Terminal market and its sub-markets to infer practices that may be fruitful for industry competitors.

Request a sample copy of this report @ https://www.nwdiamondnotes.com/request-sample/131381

Table of Contents Key Pointers:

Product Landscape

  • Product range:
    • Standalone braille display Notetaker Smart Display
  • Market share and remuneration accumulated by each product segment.
  • Forecast of the growth rate of each product type over the analysis period.

Application spectrum

  • Scope :
    • Children
    • Teens
    • Adults and elderly
  • Market share and product demand held by each application segment.
  • Expected growth rate of each application segment over the forecast period.

Regional land

  • Regional bifurcation: North America, Europe, China, Japan, Southeast Asia, India, Central and South America.
  • Total sales and revenue generated by region.
  • Year-on-year growth rate of each region over the analysis period.

Competitive landscape

  • Industry vendors:
    • Handy Tech Elektronik Freedom Scientific Humanware Nippon Telesoft Optelec Papenmeier Perkins HIMS KritiKal Solutions Alva Access Group Tactile Display Corporation Smart Technology Magnifying Aids Zoomax Technology American Printer Woodlake Technologies
  • Overview of listed companies along with their product portfolio including detailed specifications and important applications.
  • Manufacturing facilities established by major players with respect to operating regions.
  • Market concentration rate analysis.
  • Essential aspects such as sales graph, returns, market share and pricing model of each organization.
  • Recent developments including expansion roadmaps, mergers and acquisitions.

In conclusion, the assessment of the Braille Terminal market has been carried out through several segmentations. Additionally, other important facets such as sales channel and supply chain which includes upstream suppliers, downstream buyers, raw materials and industry distributors are also examined.

Major Highlights of the Braille Terminal Market:

  • The Braille Terminals market report includes a brief cost analysis, major raw materials used, as well as fluctuating war material price trends.
  • Suppliers of the raw material and their Braille Terminal market concentration rate have also been enlisted
  • Manufacturing cost structures, encompassing raw material details, manufacturing process analysis, as well as labor costs have been listed in the study.
  • Substantial details of industry chain analysis, downstream buyers, and sourcing strategies have been elucidated
  • A separate section has been designated for the analysis of the marketing strategy adopted, as well as details of the distributors who are part of the supply chain.
  • The report contains information on the channels adopted for marketing the products, the development trends of the marketing channels, the pricing and branding strategies, as well as the target customers.

Customization request on this report @ https://www.nwdiamondnotes.com/request-for-customization/131381

]]>
Architects design a ferry terminal that looks like an alien world https://viventingonlinemarketing.com/architects-design-a-ferry-terminal-that-looks-like-an-alien-world/ Sun, 16 Jan 2022 14:44:00 +0000 https://viventingonlinemarketing.com/architects-design-a-ferry-terminal-that-looks-like-an-alien-world/ It’s no surprise that we love architecture and engineering marvels. In the past, we’ve brought you lists of architectural marvels that seem to defy the laws of science and the world’s most interesting engineering designs. Now we bring you an amazing creation of mad architects, led by Ma Yansong, in collaboration with the China Academy […]]]>

It’s no surprise that we love architecture and engineering marvels. In the past, we’ve brought you lists of architectural marvels that seem to defy the laws of science and the world’s most interesting engineering designs.

Now we bring you an amazing creation of mad architects, led by Ma Yansong, in collaboration with the China Academy of Building Research (CASR). Together, these organizations won an international competition to design the Cuntan International Cruise Center in Chongqing, China, and its execution is a sight to behold.

What is this marvel of architecture? It is a 66,000,216,535 square foot (square meter) cargo terminal located in Liangjiang New Area of ​​Chongqing, Cuntan Port area, which provides access to the Yangtze River.

Source: MAD architects

“Chongqing has mountains and waters,” Yansong said in a statement. “However, the Yangtze River is more than just a natural landscape in Chongqing. Due to human activities such as maritime traffic and industrial transportation, this mountain city is also full of energy and movement. We want to transform this energy in Chongqing traces the industry into an energy that stimulates the imagination.People here can feel the kinetic energy of the city, but also imagine the public spaces of the future.

Architects design a ferry terminal that looks like an alien world
Source: MAD architects

MAD has ambitious plans to transform the site into a 213,254 square foot (65,000 square meter) international cruise terminal and city complex, which will accommodate a 49,212 square foot (15,000 square meter) cruise port and 164 041 square feet. feet (50,000 square meters) of commercial space.

Architects design a ferry terminal that looks like an alien world
Source: MAD architects

MAD Architects also revealed that they were inspired by the large orange gantry cranes at the cargo terminal to create a design reminiscent of an alien world. Yansong said he wanted the architecture to reflect the industrial colors of the past and create a city that seems to come from somewhere else and perhaps could head somewhere else one day.

The construction should begin in November 2022.

]]>
Echelon Masonry Products Reflect Regional Culture at MI Airport https://viventingonlinemarketing.com/echelon-masonry-products-reflect-regional-culture-at-mi-airport/ Fri, 14 Jan 2022 22:44:04 +0000 https://viventingonlinemarketing.com/echelon-masonry-products-reflect-regional-culture-at-mi-airport/ Located along the shores of Michigan’s Lake Huron, Alpena County is an outdoor haven that attracts many nature lovers and adventurers each year. Camping, hiking and kayaking top the list of the area’s most popular activities, while the Thunder Bay National Marine Sanctuary offers glass-bottom tours and snorkeling trips that explore more than 100 historic […]]]>

Located along the shores of Michigan’s Lake Huron, Alpena County is an outdoor haven that attracts many nature lovers and adventurers each year. Camping, hiking and kayaking top the list of the area’s most popular activities, while the Thunder Bay National Marine Sanctuary offers glass-bottom tours and snorkeling trips that explore more than 100 historic shipwrecks protected areas that now rest in local waters.

Alpena County Regional Airport plays a crucial role in keeping this majestic getaway accessible to leisure and business travelers from other parts of the country. Dedicated in 1931, the airfield served as a training center for airmen throughout World War II and is home to one of only four National Guard combat readiness training centers in the United States.

While the original commercial passenger terminal was built in 1952, it wasn’t until the 1990s – when commuter airlines became more prevalent – that Alpena’s civil air travel grew sufficiently to be eligible for federal airport improvement funds. In 2018, county and airport officials were ready to update operations by replacing the longtime terminal with a larger, updated facility.

The exterior of the new Alpena County Regional Airport recognizes the quarrying industry which continues to be an important sector of the region’s economy. The exterior features architectural masonry products from Echelon Masonry – Trendstone® ground faced CMU blocks and Mesastone® textured masonry units.

As a nationally based company with a local presence, RS&H, with offices in Detroit and Flint, was chosen to oversee the transformation. Founded in 1941, the company focused on the design of military structures in its early days. Over the years they have grown into an integrated architecture, engineering and consulting firm. With over 1,500 employees and more than 70 offices located coast to coast, RS&H has achieved industry-leading status in the aerospace, aviation, healthcare and science and technology industries. transport.

Lead Design Architect Frank Gratton said, “Our design process is based on creating air terminal architecture inspired by context, community and culture. Before putting pen to paper, we spend a lot of time researching, analyzing the site, and listening carefully to community leaders and stakeholders to uncover the unique sense of place that will guide our design.

Andrew Nelson, an architect specializing in aerospace projects, explained some of the considerations and challenges involved in planning Alpena’s replacement terminal. “We like to create buildings that showcase what community is all about,” Nelson explained. “Airports are the first and last impression and experience a passenger has with the region. We wanted to make it an impactful experience. Airports are the first and last interaction someone has with the region. We wanted to make it an impactful experience. We thought about the materials early in the process and how they could reflect the richness of the place.

Interior aspects of the new design included inspirations from Lake Huron and references to Thunder Bay’s historic maritime industry. For the exterior, Nelson and his colleagues created an aesthetic that would pay homage to the quarrying industry which still represents a large sector of the region’s economy. They combined two architectural masonry products manufactured by Echelon Masonry – Trendstone® Ground-Facing CMU Blocks and Mesastone® Textured Masonry Units. Many of Alpena’s long-standing municipal buildings had been constructed using CMU, which became a very dominant aspect throughout the community. Echelon units helped complete this local character.

As a consolidated masonry brand for Oldcastle APG, a CRH company, Echelon offers a broad masonry portfolio, from brands like Trenwyth to product solutions like the InsulTech system.

Alpena CountyNelson explained, “Blending the two masonry products allowed us to present the materials in innovative ways to create a more modern contemporary look. The color scheme was determined by shades found in local quarries. Instead of a typical stacked stone pattern, we mixed four different colors – Midwest White, Landers Bay, Goldstone and Saddle Tan – to create a linear pattern that is informed by some of the ridges in the local rock formations.

Echelon Trenwyth Trendstone Ground Faced CMUs are prefinished, integrally colored concrete blocks with one or more faces ground to display the varied colors of natural aggregates. Applying a clear satin gloss acrylic to the exposed face of each concrete block provides moisture resistance while accentuating the natural beauty of the aggregates. As the RS&H team discovered, this refined look often turns into an interior aesthetic. The designers chose to extend the exterior quarry model into the terminal concourse, where a distinctive chimney was constructed using the same linear masonry layering.

Nelson noted, “We wanted to create a living room feel for this North Woods site, by including this warm feature in the lobby. Trendstone® and Mesastone® allowed us to bring that same aesthetic to the interior. The natural stone look complemented other interior features, including industrial metals and wood-like metal ceiling panels.

Alpena CountyRS&H oversaw other site improvements for the airport, including a new loop road, car parks and apron work. Construction crews had the added complexity of working alongside the adjacent existing terminal throughout construction.

Nelson recalled, “Once the existing building was decommissioned, everything had to be moved to the new terminal, including the TSA equipment, with no disruption to air services. The maiden flight of the new facility took place in March 2020.”

Although flight frequencies have decreased during the Covid-19 pandemic, traffic has increased significantly at Alpena Regional as customer demand for travel has increased.

Nelson said, “For this small community, it’s exciting to have a new transportation project like this completed. It is a symbol of community pride and a cause for community celebration. Customers and users have been pleased with the result, and there are plans for future growth. The airport, connected in its place, will serve this region for many decades to come.

]]>
An intrinsic calculation for Ponsse Oyj (HEL:PON1V) suggests it is undervalued by 30% https://viventingonlinemarketing.com/an-intrinsic-calculation-for-ponsse-oyj-helpon1v-suggests-it-is-undervalued-by-30/ Thu, 13 Jan 2022 05:28:10 +0000 https://viventingonlinemarketing.com/an-intrinsic-calculation-for-ponsse-oyj-helpon1v-suggests-it-is-undervalued-by-30/ Does the January price of Ponsse Oyj (HEL:PON1V) share reflect what it is really worth? Today we are going to estimate the intrinsic value of the stock by taking the expected future cash flows and discounting them to their present value. One way to do this is to use the discounted cash flow (DCF) model. […]]]>

Does the January price of Ponsse Oyj (HEL:PON1V) share reflect what it is really worth? Today we are going to estimate the intrinsic value of the stock by taking the expected future cash flows and discounting them to their present value. One way to do this is to use the discounted cash flow (DCF) model. Patterns like these may seem beyond a layman’s comprehension, but they’re pretty easy to follow.

Businesses can be valued in many ways, which is why we emphasize that a DCF is not perfect for all situations. Anyone interested in learning a little more about intrinsic value should read the Simply Wall St.

Discover our latest analysis for Ponsse Oyj

The model

We use the 2-stage growth model, which simply means that we consider two stages of business growth. In the initial period, the company may have a higher growth rate, and the second stage is generally assumed to have a stable growth rate. In the first step, we need to estimate the company’s cash flow over the next ten years. Wherever possible, we use analysts’ estimates, but where these are not available, we extrapolate the previous free cash flow (FCF) from the latest estimate or reported value. We assume that companies with decreasing free cash flow will slow their rate of contraction and companies with increasing free cash flow will see their growth rate slow during this period. We do this to reflect the fact that growth tends to slow more in early years than in later years.

A DCF is based on the idea that a dollar in the future is worth less than a dollar today, and so the sum of these future cash flows is then discounted to today’s value:

10-Year Free Cash Flow (FCF) Forecast

2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
Leveraged FCF (€, Millions) €56.1 million €64.1 million €83.2 million €59.0 million €83.0 million €85.7 million €87.6 million €89.1 million €90.2 million €91.0m
Growth rate estimate Source Analyst x3 Analyst x3 Analyst x1 Analyst x1 Analyst x1 Is at 3.2% East @ 2.3% Is at 1.67% Is at 1.22% Is at 0.91%
Present value (€, millions) discounted at 5.2% 53.4 € €58.0 71.6 € 48.3 € 64.6 € 63.4 € 61.6 € 59.6 € 57.4 € 55.1 €

(“East” = FCF growth rate estimated by Simply Wall St)
10-year discounted cash flow (PVCF) = €592m

After calculating the present value of future cash flows over the initial 10-year period, we need to calculate the terminal value, which takes into account all future cash flows beyond the first stage. The Gordon Growth formula is used to calculate the terminal value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 0.2%. We discount terminal cash flows to present value at a cost of equity of 5.2%.

Terminal value (TV)= FCF2031 × (1 + g) ÷ (r – g) = €91M × (1 + 0.2%) ÷ (5.2%– 0.2%) = €1.8B

Present value of terminal value (PVTV)= TV / (1 + r)ten= €1.8 billion÷ ( 1 + 5.2%)ten= €1.1 billion

The total value is the sum of the cash flows for the next ten years plus the present terminal value, which gives the total equity value, which in this case is 1.7 billion euros. To get the intrinsic value per share, we divide it by the total number of shares outstanding. Compared to the current share price of €42.3, the company looks like a pretty good value at a 30% discount to the current share price. Ratings are imprecise instruments, however, much like a telescope – move a few degrees and end up in a different galaxy. Keep that in mind.

HLSE: PON1V Discounted Cash Flow January 13, 2022

The hypotheses

Now, the most important inputs to a discounted cash flow are the discount rate and, of course, the actual cash flows. You don’t have to agree with these entries, I recommend that you redo the calculations yourself and play around with them. The DCF also does not take into account the possible cyclicality of an industry or the future capital needs of a company, so it does not give a complete picture of a company’s potential performance. Since we consider Ponsse Oyj as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which takes debt into account. In this calculation, we used 5.2%, which is based on a leveraged beta of 1.054. Beta is a measure of a stock’s volatility relative to the market as a whole. We derive our beta from the average industry beta of broadly comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable company.

Look forward:

While important, calculating DCF shouldn’t be the only metric to consider when researching a business. DCF models are not the be-all and end-all of investment valuation. Rather, it should be seen as a guide to “what assumptions must be true for this stock to be under/overvalued?” For example, changes in the company’s cost of equity or the risk-free rate can have a significant impact on the valuation. Why is the stock price below intrinsic value? For Ponsse Oyj, we have compiled three important aspects that you should explore further:

  1. Financial health: Does PON1V have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors such as leverage and risk.
  2. Future earnings: How does PON1V’s growth rate compare to its peers and the broader market? Dive deeper into the analyst consensus figure for the coming years by interacting with our free analyst growth forecast chart.
  3. Other high-quality alternatives: Do you like a good all-rounder? Explore our interactive list of high-quality actions to get an idea of ​​what you might be missing!

PS. Simply Wall St updates its DCF calculation for every Finnish stock daily, so if you want to find the intrinsic value of any other stock, just search here.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

]]>
An intrinsic calculation for Tele2 AB (publ) (STO: TEL2 B) suggests that it is undervalued by 39% https://viventingonlinemarketing.com/an-intrinsic-calculation-for-tele2-ab-publ-sto-tel2-b-suggests-that-it-is-undervalued-by-39/ Tue, 11 Jan 2022 07:51:02 +0000 https://viventingonlinemarketing.com/an-intrinsic-calculation-for-tele2-ab-publ-sto-tel2-b-suggests-that-it-is-undervalued-by-39/ Does the January price of the Tele2 AB (publ) (STO: TEL2 B) share reflect its true value? Today we’re going to estimate the intrinsic value of the stock by taking expected future cash flows and discounting them to today’s value. One way to do this is to use the Discounted Cash Flow (DCF) model. Don’t […]]]>

Does the January price of the Tele2 AB (publ) (STO: TEL2 B) share reflect its true value? Today we’re going to estimate the intrinsic value of the stock by taking expected future cash flows and discounting them to today’s value. One way to do this is to use the Discounted Cash Flow (DCF) model. Don’t be put off by the lingo, the math is actually pretty straightforward.

There are many ways that businesses can be assessed, so we would like to point out that a DCF is not perfect for all situations. If you are interested in knowing more about discounted cash flow, the rationale for this calculation can be read in detail in the Simply Wall St.

See our latest review for Tele2

The calculation

We are going to use a two-step DCF model, which, as the name suggests, takes into account two stages of growth. The first stage is usually a period of higher growth which stabilizes towards the terminal value, captured in the second period of “steady growth”. To begin with, we need to estimate the next ten years of cash flow. Where possible, we use analyst estimates, but when these are not available, we extrapolate the previous free cash flow (FCF) from the last estimate or stated value. We assume that companies with decreasing free cash flow will slow their rate of contraction, and companies with increasing free cash flow will see their growth rate slow during this period. We do this to reflect the fact that growth tends to slow down more in the early years than in subsequent years.

In general, we assume that a dollar today is worth more than a dollar in the future, so we need to discount the sum of these future cash flows to arrive at an estimate of the present value:

10-year free cash flow (FCF) forecast

2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
Leverage FCF (SEK, millions) 5.91 kr 6.16 kr 6.68 kr 6.99 kr 6.14 kr 5.64 kr 5.32 kr kr5.11b 4.98 kr 4.90 kr
Source of estimated growth rate Analyst x9 Analyst x8 Analyst x2 Analyst x2 Analyst x1 Is @ -8.2% Is @ -5.64% Is @ -3.85% East @ -2.6% Is @ -1.72%
Present value (SEK, million) discounted at 3.8% 5.7k kr 5.7k kr kr6.0k kr6.0k kr5.1k kr4.5k kr4.1k 3.8k kr kr3.6k kr3.4k

(“East” = FCF growth rate estimated by Simply Wall St)
10-year present value of cash flows (PVCF) = kr48b

After calculating the present value of future cash flows over the initial 10 year period, we need to calculate the terminal value, which takes into account all future cash flows beyond the first step. The Gordon growth formula is used to calculate the terminal value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 0.3%. We discount the terminal cash flows to their present value at a cost of equity of 3.8%.

Terminal value (TV)= FCF2031 × (1 + g) ÷ (r – g) = kr4.9b × (1 + 0.3%) ÷ (3.8% – 0.3%) = kr140b

Present value of terminal value (PVTV)= TV / (1 + r)ten= kr140b ÷ (1 + 3.8%)ten= kr96b

Total value, or net worth, is then the sum of the present value of future cash flows, which in this case is kr144b. To get the intrinsic value per share, we divide it by the total number of shares outstanding. Compared to the current share price of 127 kr, the company appears to be quite undervalued with a discount of 39% from the current share price. Ratings are imprecise instruments, however, much like a telescope – move a few degrees and end up in another galaxy. Keep this in mind.

OM Discounted Cash Flows: TEL2 B January 11, 2022

The hypotheses

Now, the most important inputs to a discounted cash flow are the discount rate and, of course, the actual cash flow. Part of investing is coming up with your own assessment of a company’s future performance, so try the math yourself and check your own assumptions. The DCF also does not take into account the possible cyclicality of an industry or the future capital needs of a company, so it does not give a full picture of a company’s potential performance. Since we view Tele2 as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which takes debt into account. In this calculation, we used 3.8%, which is based on a leverage beta of 0.800. Beta is a measure of the volatility of a stock relative to the market as a whole. We get our beta from the industry average beta of comparable companies globally, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable company.

Move on :

While a business valuation is important, ideally it won’t be the only analysis that you look at for a business. The DCF model is not a perfect stock assessment tool. Instead, the best use of a DCF model is to test certain assumptions and theories to see if they would lead to undervaluation or overvaluation of the company. For example, changes in the company’s cost of equity or the risk-free rate can have a significant impact on valuation. Can we understand why the company trades at a discount to its intrinsic value? For Tele2, we’ve put together three relevant things that you should take a closer look at:

  1. Risks: For example, we have identified 5 warning signs for Tele2 (1 is not doing too well with us) you should be aware of.
  2. Management: Have insiders increased their stocks to take advantage of market sentiment about TEL2 B’s future prospects? Check out our management and board analysis with information on CEO compensation and governance factors.
  3. Other strong companies: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid trading fundamentals to see if there are other companies you may not have considered!

PS. The Simply Wall St app performs a daily discounted cash flow assessment for each OM share. If you want to find the calculation for other actions, just search here.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

]]>
Do investors undervalue Bunge Limited (NYSE: BG) by 32%? https://viventingonlinemarketing.com/do-investors-undervalue-bunge-limited-nyse-bg-by-32/ Sun, 09 Jan 2022 12:17:04 +0000 https://viventingonlinemarketing.com/do-investors-undervalue-bunge-limited-nyse-bg-by-32/ How far is Bunge Limited (NYSE: BG) from its intrinsic value? Using the most recent financial data, we’ll examine whether the stock price is fair by taking the company’s future cash flow forecast and discounting it to today’s value. One way to do this is to use the Discounted Cash Flow (DCF) model. It may […]]]>

How far is Bunge Limited (NYSE: BG) from its intrinsic value? Using the most recent financial data, we’ll examine whether the stock price is fair by taking the company’s future cash flow forecast and discounting it to today’s value. One way to do this is to use the Discounted Cash Flow (DCF) model. It may sound complicated, but it’s actually quite simple!

Remember, however, that there are many ways to estimate the value of a business and that a DCF is just one method. If you are interested in knowing more about discounted cash flow, the rationale for this calculation can be read in detail in the Simply Wall St.

See our latest review for Bunge

The method

We are going to use a two-step DCF model, which, as the name suggests, takes into account two stages of growth. The first stage is usually a period of higher growth which stabilizes towards the terminal value, captured in the second period of “steady growth”. First, we need to estimate the cash flow of the business over the next ten years. Where possible, we use analyst estimates, but when these are not available, we extrapolate the previous free cash flow (FCF) from the last estimate or stated value. We assume that companies with decreasing free cash flow will slow their rate of contraction, and companies with increasing free cash flow will see their growth rate slow during this period. We do this to reflect the fact that growth tends to slow down more in the early years than in subsequent years.

A DCF is based on the idea that a dollar in the future is worth less than a dollar today, so we need to discount the sum of these future cash flows to arrive at an estimate of the present value:

10-year Free Cash Flow (FCF) estimate

2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
Leverage FCF ($, Millions) US $ 1.09 billion US $ 981.0 million US $ 919.4 million US $ 884.3 million US $ 865.9 million US $ 858.4 million US $ 858.3 million US $ 863.2 million 871.7 million US dollars $ 882.9 million
Source of estimated growth rate Analyst x2 Analyst x1 Is @ -6.28% Is @ -3.81% East @ -2.08% East @ -0.87% East @ -0.02% Is @ 0.57% East @ 0.99% Est @ 1.28%
Present value (in millions of dollars) discounted at 5.8% US $ 1.0k 876 USD US $ 776 US $ 705 US $ 652 US $ 611 577 USD $ 548 US $ 523 US $ 501

(“East” = FCF growth rate estimated by Simply Wall St)
10-year present value of cash flows (PVCF) = 6.8 billion US dollars

The second stage is also known as terminal value, it is the cash flow of the business after the first stage. The Gordon growth formula is used to calculate the terminal value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.0%. We discount the terminal cash flows to their present value at a cost of equity of 5.8%.

Terminal value (TV)= FCF2031 × (1 + g) ÷ (r – g) = US $ 883 million × (1 + 2.0%) ÷ (5.8% to 2.0%) = US $ 23 billion

Present value of terminal value (PVTV)= TV / (1 + r)ten= US $ 23 billion ÷ (1 + 5.8%)ten= US $ 13 billion

The total value is the sum of the cash flows for the next ten years plus the final present value, which gives the total value of equity, which in this case is $ 20 billion. To get the intrinsic value per share, we divide it by the total number of shares outstanding. From the current price of US $ 97.0, the company appears to be quite undervalued with a 32% discount from the current share price. Ratings are imprecise instruments, however, much like a telescope – move a few degrees and end up in another galaxy. Keep this in mind.

NYSE: BG Discounted Cash Flow January 9, 2022

Important assumptions

Now, the most important inputs to a discounted cash flow are the discount rate and, of course, the actual cash flow. If you don’t agree with these results, try the calculation yourself and play with the assumptions. The DCF also does not take into account the possible cyclicality of an industry or the future capital needs of a company, so it does not give a full picture of a company’s potential performance. Since we view Bunge as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which takes debt into account. In this calculation, we used 5.8%, which is based on a leveraged beta of 0.884. Beta is a measure of the volatility of a stock relative to the market as a whole. We get our beta from the industry average beta of comparable companies globally, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable company.

Move on :

While a business valuation is important, ideally it won’t be the only analysis that you look at for a business. DCF models are not the ultimate solution for investment valuation. Preferably, you would apply different cases and assumptions and see their impact on the valuation of the business. For example, if the terminal value growth rate is adjusted slightly, it can dramatically change the overall result. What is the reason why the stock price is below intrinsic value? For Bunge, we’ve put together three relevant aspects that you should dig deeper into:

  1. Risks: Be aware that Bunge shows 3 warning signs in our investment analysis , you must know…
  2. Future benefits: How does BG’s growth rate compare to that of its peers and the broader market? Dig deeper into the analyst consensus number for years to come by interacting with our free analyst growth expectations chart.
  3. Other high quality alternatives: Do you like a good all-rounder? Explore our interactive list of high-quality stocks to get a feel for what you might be missing!

PS. The Simply Wall St app performs a daily discounted cash flow assessment for every NYSE share. If you want to find the calculation for other actions, just search here.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.

]]>
Trulieve Announces Grand Opening of Branch Philadelphia Dispensary (Harvest of Southeast, PA, LLC) https://viventingonlinemarketing.com/trulieve-announces-grand-opening-of-branch-philadelphia-dispensary-harvest-of-southeast-pa-llc/ Fri, 07 Jan 2022 21:55:00 +0000 https://viventingonlinemarketing.com/trulieve-announces-grand-opening-of-branch-philadelphia-dispensary-harvest-of-southeast-pa-llc/ Located in the heart of Philadelphia cream, between City Hall and Reading Terminal Market, the dispensary will be open from Monday to Saturday from 9h – 8 p.m. and Sunday of 10h – 6 p.m.. Patients can choose from Trulieve’s selection of premium whole flower products, including TruFlower and Cultivar Collection, as well as a […]]]>

Located in the heart of Philadelphia cream, between City Hall and Reading Terminal Market, the dispensary will be open from Monday to Saturday from 9h8 p.m. and Sunday of 10h6 p.m.. Patients can choose from Trulieve’s selection of premium whole flower products, including TruFlower and Cultivar Collection, as well as a wide range of vapes, tinctures, topicals and ingestibles.

“We are proud to start the new year by demonstrating our continued commitment to serve Pennsylvania patient community through high quality and reliable medical marijuana products, ”said Kim rivers, CEO of Trulieve. “We look forward to welcoming patients and strengthening community ties in this key market.

Other clinics affiliated with Trulieve at Pennsylvania are located in Camp hill, Cranberry Township, Devon, Harrisburg, Johnstown, King of Prussia, Pittsburgh, Reading, Scranton, Washington, Whitehall, York and Zelienople.

To find a location or to learn how to become a registered patient, visit Trulieve.com, follow us on Instagram at trulieve_pa or connect with Trulieve PA on Facebook.

About Trulieve
Trulieve is a vertically integrated cannabis company and a leading multi-state operator in the United States operating in 11 states, with leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, strengthening the scale of retail and distribution in new and existing markets through its hub strategy. By providing innovative and high-quality products across its portfolio of brands, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and clients to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.

Facebook: @Trulieve
Instagram: @Trulieve_
Twitter: @Trulieve

Investor contact
Christine hersey, director of investor relations
+1 (424) 202-0210
[email protected]

Media contact
Rob kremer, executive director of corporate communications
+1 (404) 218-3077
[email protected]

MATTIO communication
[email protected]

SOURCE Trulieve Cannabis Corp.

]]>
Alaska Journal | Movers & Shakers for January 9, 2022 https://viventingonlinemarketing.com/alaska-journal-movers-shakers-for-january-9-2022/ Wed, 05 Jan 2022 18:10:35 +0000 https://viventingonlinemarketing.com/alaska-journal-movers-shakers-for-january-9-2022/ Jennifer Bundy-Cobb has been Wilson Albers’ new managing partner since January 1. Since joining Wilson Albers Benefits Company in 1995, Bundy-Cobb has held a variety of roles, promoting excellence in customer service and solutions. She most recently held the position of Director of Benefits. Bundy-Cobb’s other work in our community includes volunteer time spent supporting […]]]>

Jennifer Bundy-Cobb has been Wilson Albers’ new managing partner since January 1. Since joining Wilson Albers Benefits Company in 1995, Bundy-Cobb has held a variety of roles, promoting excellence in customer service and solutions. She most recently held the position of Director of Benefits. Bundy-Cobb’s other work in our community includes volunteer time spent supporting nonprofit organizations both inside and outside of our industry. She served as chairman of the board of the Alaska Association of Health Underwriters and has been an active supporter of health care reform causes. Jennifer was Chair of the Anchorage Community Health Services Board of Directors in 2012 when they opened their new building and is currently Chair of Resource Development for the Anchorage Project Access Board. Most recently, she came full circle as a board member of the Alaska Youth Orchestras, where she played the French horn as a teenager.

Bundy-Cobb will take on the role following Lon Wilson, who has been the Managing Partner of the Firm since 1995. Wilson will transfer his leadership responsibilities over the next few months and support the Alera Group as needed in the region.

With Bundy-Cobb’s new role comes further changes in leadership roles, including the promotion of Thomas Showalter to Head of Customer Engagement, where he will lead Benefits, Pensions and Corporate Services. Wilson Albers Consolidated Human Resources.

Krystle burns assumed his role as Chief of Workforce Management for the US Army Corps of Engineers – Alaska District in November 2021.

In her new role, she is responsible for advising district management and executive staff on substantive procedural and policy issues for civilian workforce management functions. In addition, she performs an ongoing analysis of workforce resources, organizational staffing needs and recruitment strategies.

Prior to arriving in Alaska in July 2020, Burns was promoted to Senior Administrator, Fort Bragg Womack Army Medical Center, Department of Medicine, overseeing all administrative activities to include civilian personnel management, use of the workforce, performance management, clinical data management and budget control of departmental operational goals.

Burns began his federal service career in June 2018 at the Fort Bragg Public Health Department, as the Practice Lead for the Clinic in Epidemiology and Disease Control. She was instrumental in executing Fort Bragg’s COVID-19 response process for contact tracing during the onset of the coronavirus pandemic.

Burns was awarded the Department of the Army Civil Service Commendation Medal for his active engagement in DPH’s successful efforts to become nationally accredited through the Public Health Accreditation Board and for having drafted the first DPH workforce development plan.

She received her Masters in Health Care Administration from Kaplan University and a Bachelor of Health Sciences from Southern University. Burns is a Lean Six Sigma black belt certified, which means she is equipped with the skills and tools to optimize quality management processes. In 2019, she obtained her Army Medical Command Lean Leaders certification at Fort Bragg.

Burns is originally from Savannah, Georgia. She has been married to her husband, US Army Warrant Officer Robert Burns, for over 13 years. Together they have three children.

McKinley Capital Management, LLC, was named one of the best places to work in money management in 2021. Presented by Pensions & Investments, the 10th annual national survey and recognition program aims to identify and recognize the Top 100 Employers of the financial management sector. This is the second year that McKinley Capital has won the coveted distinction.

The Alaska Railroad Corp. The Gold Spike employee rewards program for 2021 was one of the most diverse, in terms of jobs, work environment and location.

These prestigious awards are given to employees who clearly stand out by demonstrating beyond the values ​​of the company through outstanding performance. A number of awards reflected superb performance in reaction to and despite the ongoing pandemic stressors.

The recipients of the Alaska Railroad Gold Spike Award in 2021:

Fairbanks Depot Services Team: A trio of hard-working Depot Service Associates have met and exceeded the challenges of significantly larger passenger numbers than expected in 2021. They include: Senior Depository Services Associate Alesia Salmela, and the associates of the depository service I LeaAndrea Smith and Nathalie Morgan.

Terminal Oversight Team: Working at the Anchorage Rail Terminal and Fairbanks Rail Terminal, these dozen employees are recognized for leading and contributing to the success of several rail transportation programs and initiatives aimed at improving efficiency, employee safety, customer service and quality of life. They include:

FAIRBANKS: Director of Operations Andy burgess; and terminal supervisors Mark Dustin, Katrina lehse, Joe mueller, Dale rageth and Elizabeth smith

ANCHORAGE: Director of Terminal Operations Pat Volmer; Responsible for land and train planning Dustin Kincaid; and terminal supervisors Ben Ahrens, Kody Anderson, Rheynan castro and Wilkie thompson

Facility maintenance mechanic Tony buma, Real Estate & Facilities (Fairbanks), took care of the maintenance needs of the facilities at the north end (hurricane in Fairbanks), mostly on his own for several months, during an extended absence of his colleagues.

journeyman mechanic Steve conlan, Mechanical (Anchoring), recognized for 30 years of critical experience in diagnosing and troubleshooting locomotive problems, particularly traction motors; and a willingness to pass this knowledge on as an exceptional mentor.

Contract administration specialist Candice Humphrey, Supply Management (Anchorage), recognized for his outstanding performance as a Supply Technician, while also serving as an Acting Fleet Manager for eight months until a new Fleet Manager is appointed

Carman Terry Hunter, Mechanical (Anchorage), known to catch a wheel fault very difficult to detect on a flatcar in Anchorage station, ensuring its removal from the train, thus avoiding a catastrophic and costly derailment.

Reservations inventory specialist III Erin kehoe, Passenger Marketing (Anchorage), recognized for having accomplished critical tasks admirably when its workload essentially doubled for an extended period as the pandemic forced passenger trains to cut capacity to 75%. recognized for helping the Reservations team beyond their functions.

Passenger Drop-off Services Manager John simmons, Guest Services (Anchorage), for the exceptional supervision of the depot service staff which enabled the ARRC to meet market demand; while protecting employees and customers with its steadfast and unwavering approach to workplace safety.

Retirement and Learning Management System Coordinator Pierre Kristine, Human Resources (Anchorage), recognized as an exceptionally valuable and professional pandemic-related resource for the company.

Track repairer Pol Carrera Vilaplana, Maintenance of Way (Portage), recognized for its signaling performance above and beyond the difficult MP 52 rockfall mitigation project. safety and constant excellence.

Transport Field Manager II AJ Washburn, Transportation (Whittier), recognized for exceptional leadership and data-driven efforts to improve Whittier Terminal operations.

]]>