The broad restaurant industry met significant hurdles in 2020. Limited-service restaurants were better suited than full-service restaurants to adapt to changes in consumer behaviors due to the pandemic and social distancing requirements. During the first six months of 2021, valuations of limited-service restaurants increased with improvements in revenue and cash…

This article was first posted on the ValuInsights blog and updates our December 31, 2020 analysis. Follow me on LinkedIn for more industry and valuation insights! Important notes: This article examines potential driving factors for recruiting and staffing company valuations from a financial statement perspective. An actual business valuation requires…

In the ever-evolving world of online retail and same-day shipping, third-party logistics (“3PL”) companies have become more important than ever. Are you wondering what drives 3PL company valuations? This article will briefly analyze some of the trends that currently impact valuations of publicly-traded 3PL companies. This article was first posted…

In a rapidly digitalized global economy (in part, accelerated by the coronavirus pandemic), cybersecurity has become a primary concern among middle-market business leaders. This is not surprising given the media attention on high-profile data breaches and the vast number of people that are impacted by these attacks. Furthermore, companies have…

The logistics industry is the cornerstone of the supply chain that connects vendors with customers. There are an enormous number of companies operating in this broad space, playing different roles in taking a product from point A to point Z. …

Nobody is immune: every industry has felt the impact of COVID-19 in some capacity, including medical device manufacturers. Helios Consulting, Inc. recently performed a valuation of a privately-owned medical device manufacturer primarily focused on developing and manufacturing innovative surgical instruments. The company’s management team provided valuable insight into some of…

Previously, I wrote about the valuations of the limited-service restaurant and full-service restaurant industries via their publicly-traded constituents. In this article, I will explore what happens when you analyze all of these companies in aggregate and (hopefully) demonstrate the importance of selecting the right comparable companies (also referred to as…

Browse through your feed of LinkedIn and you’ll probably see some content related to the recent run-up in GameStop Corp.’s stock price (ticker: GME). All of the arguments against GameStop have alluded to doubts as to the company’s ability to survive in an industry that is continually moving away from…

In Part 1 of this Restaurant series, I briefly summarized some of the key financial metrics that appeared to impact valuation multiples for publicly-traded limited-service restaurant operators. This article will focus on full-service restaurant operators in the public space. This article was first posted in the ValuInsights Industry Blog. Visit…