WebOct 24, 2011 · I’ve been wondering more about the estimate of Maintenance Capex Greenwald gives on slides 13-14 and its reliance on revenue. A company could theoretically grow revenue, but due to higher costs, end up with about the same EBITDA. In that case, I’d want to assume that all was Maintenance Capex despite the revenue growth. WebBasically the same as Graham’s Net Net Working Capital asset valuation except Greenwald includes some adjustments to the balance sheet to include other assets such as property and goodwill in special cases. Greenwald also refers to this as the Reproduction Value.
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WebSep 18, 2009 · This is where Bruce Greenwald’s method of calculating maintenance capex makes a lot of sense. Calculate the ratio of PPE to sales for each of the five prior … WebDec 16, 2024 · NavigationIn this article, I will show you how to calculate the intrinsic value of a company like Warren Buffett, using his approach to discounted cash flow (DCF) valuation. This will be accomplished by looking through the Berkshire Hathaway shareholder letters, the Berkshire Hathaway website, and f... philosopher\u0027s 3x
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WebHere I go through the step by step process of calculating Warren Buffett's owner earnings to find out the intrinsic value of Facebook stock. I also use the Bruce Greenwald maintenance capital expenditure formula to make the calculations more accurate. WebJul 13, 2024 · Capital Expenditure (CAPEX): Capital expenditure, or CapEx, are funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment ... WebNov 13, 2024 · Research by our graduate student, Venkat Peddireddy, suggests that the maintenance capex of a company, defined purely as PP&E (property, plant and equipment) outlays, not intangibles, is... philosopher\\u0027s 3x