# IEP

## Punt (noe longer in use) from Ireland. Replaced by the euro. |

## Punt (noe longer in use) from Ireland. Replaced by the euro. |

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Random walk

Theory that stock price changes from day to day are at random; the changes are independent of each other and have the same probability distribution. Many believers of the random walk theory believe that it is impossible to outperform the market consistently without taking additional risk.

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Present value of growth opportunit...

BIS ratio

Return on equity (ROE)

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Times-interest-earned ratio

Long-term debt to equity ratio

Sum-of-The-Parts-Valuation (SoTP)

Risk-adjusted return on capital (R...

Plain vanilla bond

Herfindahl index

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Payment-In-Kind (PIK) bond

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NPVGO

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Flat Organisational Structure