HeyJaredThe Valuation Framework
The Valuation Framework (TVF) turns market and sector news into clear economic models and links those themes to company deep dives that translate insights into valuation.
- Indexed issues, last 90 days
- 8
- Latest publication
- Sep 26, 2026
- Audience
- Checking…
- Earliest in this view
- Jul 7, 2026
Latest issues
LVMH under €400 (opens the original)
Read excerpt
You’ve probably all watched this luxury giant fall. The media has been quick to kick it while it’s down. But has LVMH really lost as much as its share price suggests?DisclaimerDo you appreciate our publication? Then you help us enormously with a like, comment, share and/or restack.Subscribe
El Niño: The Next Global Shock Starts in the Fields (opens the original)
Read excerpt
In our Hunger Winter of ’26/’27 thesis, we discussed what the closure of the Strait of Hormuz would mean for the costs and availability of fertilizers. More expensive fertilizers and local shortages for farmers would cause lower yields and more expensive harvests. Our expectation is that consumers will be presented with that bill sometime during the winter of 2026/27.But there was still one variable missing from that thesis: El Niño.I knew little about the phenomenon beforehand. Actually, not mu
DSM-Firmenich: After the Turnaround, What Comes Next? (opens the original)
Read excerpt
We published our deep dive on dsm-firmenich last March. The share price was €58.30 at the time. We arrived at a fair value of €88.26. Today, the stock trades at €93.38. It has risen by 60.2%, and the thesis played out sooner than we could have dreamed.Our target was based on our analysis that the market wrongly viewed dsm-firmenich as a company with declining margins following a failed merger. We saw a strategically crucial merger that would lead to higher margins. dsm-firmenich has delivered ex
The TVF Portfolio: +18,4% YTD — July 29 Market Update (opens the original)
Read excerpt
The TVF Portfolio is up 18,4% year-to-date. Over the past two weeks, the portfolio rose 4,7%.Broader markets were weaker: The S&P 500 fell approximately 3,6% and is now up about 6,7% year-to-date. The Euro Stoxx 50 was almost unchanged, falling approximately 0.3%, for a year-to-date gain of about <span style="color: rgb(0
The Silent Water Bill (opens the original)
Read excerpt
Severe floods shortly after prolonged droughts are hardly an unfamiliar sight. They are part of a world we have built over the past centuries, and only recently have we started to understand what lies behind it.In 2021, large parts of Western Europe flooded. The following year was defined by drought, low river levels and depleted groundwater reserves. Farmers were only allowed to irrigate their crops to a limited extent, harvests failed and water-intensive companies were no longer permitted to e
Publishing over time
Last 90 days. Choose a month to open its work.
Recurring subjects
Named in the text we hold. One piece can cover several.
Audience
No verified audience measurement yet.
About this data
Counts cover the work we have indexed. Tone needs enough text and a confident classification. Excerpts and episode notes are not full articles or transcripts.
Identity or attribution wrong? Suggest a correction.