SMC Global Securities Limited

4️⃣Risk is Not Just Volatility—It’s Dynamic Most investors misunderstand risk. 🔹It’s more than stock price movement—it includes business, financial, and macro risks. 🔹Discount rates (WACC, ERP) must reflect country risk & interest rates. 🔹Risk perception changes with market… https://t.co/p5eUFY2G25

Here's a full course by Professor Damodaran himself on Valuationhttps://t.co/AtECznNFs3

📊 ITC Q3 Results are in! 🚀 Swipe through to see the Performance! 💸 Net Profit down 8% YoY to ₹4,935 Cr. 💰 Revenue rose by 8% YoY to ₹20,350 Cr. 📈 Cigarettes Business Revenue up by 8% YoY to ₹8,945 Cr. Note: Not a Buy/Sell Recommendation. #ITCQ3Results #EarningsGrowth… https://t.co/nb4N7wbXEb https://t.co/WRWdHl0H3a #ITCQ3Results #EarningsGrowth

Valuation isn’t just a formula—it’s about understanding businesses, market psychology, and risk. The best investors develop a repeatable approach while staying adaptable to new information. Would you like a deeper dive into any of these lessons? 🚀 Retweet & comment your… https://t.co/WbWwg2OwOy

6️⃣Valuation is More Art Than Science Even the best valuation models are based on assumptions. 🔹Small input changes → Big valuation differences. 🔹No valuation is 100% precise—your goal is a reasonable range. 🔹Understanding behavioral biases is as important as the math.… https://t.co/OiLAeLAoOD

7️⃣Discipline + Flexibility = Winning Valuation Strategy The best investors balance structure & adaptability. 🔹Stick to fundamentals but adjust to changing market conditions. 🔹Avoid confirmation bias—challenge your own assumptions. 🔹Experience sharpens valuation skills over… https://t.co/L50vdIAZWk

1️⃣Valuation = A Bridge Between Story & Numbers A good valuation isn’t just about crunching numbers. 🔹You need a compelling narrative behind the business. 🔹Ask: What is this company? Where is it headed? 🔹The best investors connect financial models with real-world business… https://t.co/agYeNgKid7 https://t.co/aK3dCPkwjn

2️⃣There’s No One-Size-Fits-All Valuation Method Valuation isn't a plug-and-play formula. Different companies require different approaches: 🔹DCF (Discounted Cash Flow): For stable, cash-generating firms 🔹Relative Valuation (P/E, EV/EBITDA): For comparing companies in the… https://t.co/QnHw0YhZpF

3️⃣Growth is Great, But Sustainable Growth is King Not all revenue growth leads to wealth creation. 🔹Can the company reinvest efficiently? (ROIC > Cost of Capital) 🔹Does it have a strong competitive advantage (moat)? 🔹High growth without profitability is a trap. 👉Growth… https://t.co/hibAuZc6uu