How do investors figure out what a company is worth? (Especially in a higher inflationary and interest rate environment?)
Highlights
- Why doing a qualitative assessment of each company is our first filter
- How we try to determine valuations without missing the actual fundamentals (e.g., Trisura and Kinsale) and why valuation is only one input in the investment decision-making process
- When DCF modelling can actually help us better understand the drivers of the business—e.g., Colliers—and also some of its pitfalls
- Choosing the right discount rate—why it's more art than science and how we try to ensure consistency across the platform
