Market Cap

= Number of shares * Price per share

Understanding Finance

An important consideration for liquidity purposes. Whilst some businesses may show all the characteristics of an excellent investment, the small size of a business can sometimes prove a limiting investment factor. We only want to spend time researching businesses whose shares we can actually buy and sell.

Understanding Finance

Helping clients understand what we do is key to building relationships. To explain some of the industry jargon that creeps into our world, we’ve pulled together a section of our site to help.


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You might well have heard your Investment Manager referencing ‘valuation multiples’ when discussing your investments.

Understanding Finance

When screening companies we often look for something called operating leverage.