Tag: the

The Entertainment Earthquake: Evolve or Succumb

Walt Disney Co (NYSE:DIS) – market cap as of 27/04/18: $151.2bn Twenty-First Century Fox Inc (NASDAQ:FOXA) – market cap as of 27/04/18: $67.7bn AT&T Inc (NYSE:T) – market cap as of 27/04/18: $215.8bn Time Warner Inc (NYSE:TWX) – market cap as of 27/04/18: $75.8bn Introduction M&A activity is not a steady phenomenon. Rather, it tends […]

Ferrari: too fast outside the circuit?

[edmc id= 3236]Download here the Ferrari Pitch[/edmc] After having covered the IPO of Ferrari (http://www.bsic.it/wanna-flawless-ferrari-52-now-feasible/) in detail a couple of weeks ago, we are now trying to identify RACE’s market positioning in terms of multiples. The structure of the analysis is as follows: firstly, we plot Ferrari’s positioning against major automakers and luxury brands in terms […]

Daimler – Shifting into the next gear

Driven by strong growth in China, the announcement of QE in the Eurozone and a solid recovery in the US, the automotive sector experienced a remarkable rally since the beginning of the year to the end of June. The SXAP (STOXX Europe 600 Automobiles & Parts Index) expanded more than 29% during the five months […]