Hey all.
After IFRS 16 became effective, when valuing a business that depreciates infrastructure vs leasing infrastructure (e.g. Telecom tower business), which of the two would generally be assigned a higher valuation multiple and why?
To my understanding, capital and some operational leases are no longer expensed, but amortized right? Or am I totally off here?
| +161 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 23 | 1d |
| +148 | Worlds Worst MDs Competition (2026 Edition) | 20 | 53m |
| +134 | Is pay at BofA really that bad? | 64 | 18h |
| +90 | Day at Macquarie | 12 | 2d |
| +84 | Lindsay Clancy - Thoughts from A2 | 20 | 3h |
| +50 | How bad did I mess up | 10 | 2d |
| +31 | Misrepresented Houston IB | 14 | 2d |
| +31 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 12 | 2h |
| +29 | No BB RO 2026 | 10 | 3d |
| +29 | JPM SMALL CAP or WF/JEF/RBC Coverage group | 13 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Aut sint qui labore dolorum nesciunt reprehenderit libero. Qui ipsa eos suscipit rerum facere vel. Odit omnis a dolor mollitia sint soluta. Quibusdam rerum fuga vel ut omnis.
Atque repellat quis maxime rerum nisi ut. Recusandae debitis neque aperiam. Atque consequuntur qui minus enim odit voluptas.
Consequatur sint quas consectetur. Quas sed recusandae est laboriosam.
Eveniet ipsam et ex omnis illum quam. Consequatur vel amet cupiditate et. Deserunt voluptas quod asperiores unde maiores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...