The move is an early step towards a formal listing, but the company has not made a decision on the IPO timing or venue. The Body Shop is an iconic British brand known for its commitment to ethical and sustainable practices, achieving a Sustainability Perceptions Score of 6. Market cap history of Tesla from 2010 to 2023. The ISO 10668 standard specifies six key requirements for the process of valuing brands, which are transparency, validity, reliability, sufficiency, objectivity; and financial, behavioral, and. Footwear brand Birkenstock, known for its high-fashion array of sandals, is considering going public in September via an IPO, potentially valuing the company at more than $8 billion. The competition is usually held in summer between March and May every year. By MICHELLE CHAPMAN and ALEX VEIGA. Brands can confer considerable advantages, such as building customer loyalty and enabling a price premium for the branded product. 5 crore, leading to a 7. The evaluation method of brand value has become an increasingly important topic as the concern of practical and theoretical circles in the 1980s (Huang, 2015). End of year Market Cap. Featuring new and updated case-based questions, organized into seven core levels of Brand Valuation maturity, this Self-Assessment will help you identify areas in which Brand Valuation. The various types of analyses may be built from scratch in Excel or may use an existing template/model. API Consolidated Results FY 22-23 Pharmeasy Annual Report 2022 3rd AGM Video Pharmeasy Corporate. [5] The company was founded in 1948 by Rudolf Dassler (1898–1974). 2 percent to Rs 942. Brand Strength measures the ability of the brand to create loyalty and. 2 billion at the top end of the range. And the IPL’s most valuable franchise. , brand strength and brand equity). The public will only be able to subscribe to. kindsnacks . A strategic tool for ongoing brand management, our valuations bring together market, brand, competitor, and financial data into a single, value-based framework within which we assess the current performance of the brand, identify areas for improvement, and develop a roadmap of activities to enhance the future. Google: $132. In cognitive terms, a brand serves as a heuristic frame. The aim of the course is to change the conception of brands as being an organisation's visual identity (e. This is the corporate history of Tesla, Inc. The startup offers versatile instalments, e-wallet, and business stages. 1 crore in FY23, while revenue grew 63. 6 billion, it said in a filing Monday. As brand valuation is highly important in quantifying the intangible assets of a business, Brandingmag sat down with Susan Avarde, the former Head of Global Brand for Citigroup and Co-Founder of Brandometry, to find out more. About the Issue: Fedbank Financial Services Limited, promoted by Federal Bank Limited, is a NBFC with a retail focus. 2 per cent, respectively. Flair Writing reported a 114. 30, but Berkshire Hathaway beat the market with a return of 32. Responding to a post claiming the rebrand wiped between $4 billion and $20 billion in value, Musk posted: “X will become the most valuable brand on Earth. The timing of the share sale remains uncertain given. Market cap history of Uber from 2019 to 2023. ADVERTISEMENT. (Photo: Courtesy company website) By 11. In the early stages of insight and measurement, the benefits of ESG disclosure to IPO valuation and financial performance are backed by more empirical evidence. 24% less than the same time in 2022, which had 174 IPOs by this date. Kim Kardashian's apparel brand, Skims, is 4 years old and worth $4 billion. Brand Valuation: A versatile strategic tool for business. [1] The ISO 10668 standard specifies six key requirements for the process of valuing brands, which are transparency, validity, reliability, sufficiency. 9 cr via anchors. JetBlue Airways IPO Valuation Case Solution And Analysis. 7 billion. With speculations abound that the organisation is looking at $3 billion market capitalisation (Rs 24,000 crores), the organisation’s price-to-earnings ratio would be about 1,666x, raising caution among investors and market experts, who assert that the valuation of the brand is exorbitant. Brand valuation is the process of estimating the total financial value of a brand. Lego sees these values as the foundational elements of its company culture. For Calder, there are two main reasons why a company might want to determine the financial value of its brand. Brand valuation is most beneficial when strategising, not when faced with change. The company tried some strategies to lift its brand value. A. Headquartered in Stockholm and London, and incorporated as King. Business valuation is a process and a set of procedures used to estimate the economic value of an owner's interest in a business. Based on the issue price the company's P/E ratio is calculated at 33. It was founded by Carl Pei, the co-founder of the Chinese smartphone maker OnePlus. 1 billion. Personal products. 0 billion, it. 5x with a market cap of Rs 20,283 crore post issue of equity shares and return on net worth of 20. The market capitalization of Apple as on 31st March 2011 was US$ 322. This article classifies brand valuation methodologies according to the approaches and premises they adopt and their suitability for different types of applications. Price Band fixed at Rs 288-304; lot size of 49 shares. The Berkus approach may sometimes also be referred to as the stage development method or the development stage valuation approach. In a nutshell. Also that year, BusinessWeek reported a $2 billion valuation for the company. In a business climate where VCs are pulling back investment from direct-to-consumer brands, this accomplishment is quite the feat for a four-year-old business. With an astounding 215% growth, the entertainment app’s brand value has increased from US$18. Shares closed the day at $144. Brand valuation would, you might think, more typically appear under the Marketing section of Manager Update. RBI determinations for Best Global Brands derive, depending on the brand, from one of three methods: commissioned market research, benchmarking against Role of Brand scores from client projects with brands in the same industry, or expert panel assessment. Rockingdeals Circular Economy IPO is a SME IPO of 1,500,000 equity shares of the face value of ₹10 aggregating up to ₹21. Between the lines: The company's viral following. Year Market cap Change; 2023: $113. Brand Valuation. After successfully raising over Rs 40,000 crore in the calendar year so far, India Inc is looking to raise more than Rs 72,000 crore from initial public offerings (IPO) in the coming months. That is, if you believe Interbrand’s valuation. Link Intime India Private Ltd is the registrar for the IPO. The minimum amount of investment required by retail investors is Rs 14,896. 19 Crores. 48 billion ). Home. Readers should note that lists like this, while. Brand valuations are used for a variety of purposes, including tax, finance, and marketing. This approach normally allocates up to $500,000 per success factor for a theoretical maximum pre-money valuation of $2. Global brand value of KFC from 2010 to 2022. As a result, BetterBrand also scored a record-breaking valuation of $170 million, according to Crunchbase, surpassing that of some of the biggest tech players,. 69 crore. This ability to endow a. Valuation : The stock will be. The results show that brand valuation provided by the independent agencies is value relevant; in addition, they reveal that the Brand Finance method, based on the royalty relief approach, is more value relevant than the others. Here is where the potential. 3x on the upper price band based on the FY23 book value. Fairfax’s takeover bid of 25 Canadian cents a share is almost 99% below the C$17 a share at which Farmers Edge offered stock in a March 2021 initial public offering. 8x. S. 140 per share, with an EPS of Rs. Yet. Authentic Brands Chief Executive Jamie Salter said the company will target an IPO date in 2023 or 2024. Our market-leading solution identifies what makes a difference to a brand’s equity, exploring both consumer desire for the brand and the market effects that influence their choices. Match Group, the parent of Tinder and Hinge, has shed 75% of its value since hitting a record share price of $169. Pitch Perfect: Why a Powerful Brand Story Is Essential for IPO Success. Once again, TSM, owned by Andy Dinh, leads the way, rising 32% to $540 million. See the latest Walmart Inc stock price (WMT:XNYS), related news, valuation, dividends and more to help you make your investing decisions. Industry specific multiples are the techniques that demonstrate what business is worth. 4 million just for the month of October last year. Several licensors often exist within one group, leading to the problem that at arm's-length, royalties have to be paid to several licensors. The failed IPO and the company’s subsequent takeover by SoftBank, its largest investor. 9 billionHuawei today announced that Brand Finance, a leading brand valuation and strategy consultancy headquartered in UK, has named Huawei one of the top 10 most valuable brands for the first time ever. Senior Lecturer, Harvard Business School. However, discussions surrounding a potential IPO for Mohan Meakin have been circulating within financial circles. Their app offers pre-recorded. PayPal Holdings, Inc. A Brand Valuation, also known as a trademark valuation, provides you with the value of the legal rights to the income stream derived from your trademark assets and your associated IP. 1 day ago · Flair Writing Industries Ltd has set a price band of Rs 288-304 a share for its IPO. 09. One of her companies, the shapewear brand Skims, just raised a $270 million funding round that. Kentucky Fried Chicken is one of the largest quick service chains in the world. To make effective decisions in an IPO, investors go through data regarding all financials of the company, its assets, liabilities, revenue generation, performance and several factors. 2 days ago · According to market analysts, the IPO is coming at a very attractive valuation of 32. The brand value using this method is equal to the value of income, cash flow, or cost savings—actually or hypothetically—due to. 09 crore. Brand Value Research. The principles of understanding brand value can also be applied to geographic. Here various valuation techniques are used by financial market participants to determine the price they are willing to pay or receive to effect a sale of the business. EBITDA multiples are one of the most commonly used business valuation indicators that is often used by investors or potential buyers to assess a company’s financial performance. Brand valuation would, you might think, more typically appear under the Marketing section of. It became the first publicly traded company to ever reach the figure on Monday, when its stock. Investors in the company include iPod inventor Tony Fadell, Twitch co-founder Kevin Lin, Reddit CEO Steve Huffman, and YouTuber Casey Neistat. The minimum order quantity is 50 Shares. management, corporate strategy and execution, brand strength and operational efficiency, and corporate governance. This web page is designed to support "Damodaran on Valuation", the second edition. The company primarily sells products online, but also has brick and mortar locations. Brand Strength. Vizio plans to sell shares in next week’s IPO at $21 to $23 each, giving it a valuation of $4. Radico Khaitan. Authentic Brands’ Salter sees consumer spending growth abroad. In cognitive terms, a brand serves as a heuristic frame. 2 days ago · The technology services unit of automaker Tata Motors Ltd has fixed a price band of Rs 475-500 per share for the IPO. According to FoodNavigator-USA, ZOA’s sales were nearly $3. The initial public. O IPESO iniciou suas atividades em 1991 e já no ano de 1995 realizou a primeira edição da Pesquisa Top of Mind (atualmente na 28ª edição); em 1999 foi pioneiro no mercado foodservice brasileiro e. The sociological basis for a brand’s valuation is as a trust mechanism. 136 to Rs. Earlier this month, Kim Kardashian’s apparel company Skims made headlines after closing a $270 million fundraising round, reaching a valuation of $4 billion. 2016 On March 3, 2016, the company became the Official Match Ball Partner of the North American Soccer League, starting with their 2016 season. General Atlantic provides $500 million in fresh capital. King, also known as King Digital Entertainment, is a Swedish video game developer and publisher that specialises in social games. ISO 10668: Brand Valuation is an international standard for measuring brand value. 1 day ago · Gandhar Oil Refinery's ₹500. These include boots brand Dr Martens, whose shares are down almost 70 per cent since Permira listed it in January 2021; chemicals firm Azelis, which has shed 25. How it works: Real-time Brand Valuation combines public and social listening data from PwC’s Digital Intelligence Services with a finance-oriented brand valuation model. The company’s core values – fun, creativity, imagination, learning, caring, and quality – relate to the concept of play. 26 billion. Brand Value Creator (BVC) Using BVC, Ipsos measures brand desire in a real-world context. The BCCI founded the league in 2007. Chime was aiming for a valuation of $35. 1. The company's approach and position offer a strong foundation for continued growth and success. The method used in every. When the Shark Tank segment wrapped, Larq received $1 million for just a 4% stake in his company, from sharks Lori Greiner and Kevin O’Leary. The minimum lot size for an application is 49 shares. It refers to the valuation of a company or asset prior to an investment or financing. relative performance of different marketing teams. 1 Scope. Link Intime India Private Ltd is the. MBA. Therefore, the improvement of the financial sector–in this case, banks–as institutions that hold a dominant position in the financial market in Montenegro, is a particularly important issue. The group fleshed out financial targets for the unit, including revenue of 25 billion euros in 2031, break-even in 2025 and an operating margin of at least 10% from 2030, as well as unveiling a. e. Report should initiate conversation, rather than focus on dollar-amount or ranking. Brand valuation. com Topic 1 The Value of a Brand Measuring the value of a brand asset is a difficult task, which is why financial regulators in most economies do not allow brand assets to be carried on a company’s balance sheet unless they have been purchased in an open-market transaction. 51 crore which is entirely an offer for sale (OFS) of 6. *PwC Valuation & Strategy has developed an Advanced Brand Valuation method, which allows the measurement of brand equity in consumers’ minds using market research data 10 Intangible Asset Valuation April 2014. 10 premium above the offer price, giving Olaplex a valuation of $15. By Reema Tendulkar Nov 21, 2023 9:22:43 PM IST (Updated) The initial public offering (IPO) of Tata Technologies is set to open for subscription on Wednesday, November 22. Flair IPO lot size is 49 equity shares and in multiples of. This is a broader method of valuing your startup. The company recently released new chips specifically targeted at AI and machine learning use cases. In 2022, the. Median company valuation before initial public offering (IPO) in the United States from 2005 to 2022 (in million U. The offer has been subscribed 6. According to the report, Apple topped the ranking with a brand value of US$ 153. 4 million used cars sold in FY 2021-2022, showcasing the momentum in this sector. including enhancing the brand image among existing and potential customers and creating a public market for the Equity Shares in India. 00 Crores. 39 ($6562 million) = $22,271 million . Some brands are valued using the relief from royalty method. Interbrand put the figure at $57. The IPO opens on November 3, 2022, and closes on November 7, 2022. 53, though the stock has rebounded 20% over the last month to $42 a share. 33. It becomes most followed consumer brand on Instagram in October, 2022. . The IPO opens on November 22, 2023, and closes on November 24, 2023. 36 billion people in India. If going public through an initial. Practical implications. 2. The first step in evaluating brand value is to identify the valuation scope of an intangible asset. , they are intentionally priced significantly lower than what the first-day trading price will be). ; The latest tentative GMP of Gandhar Oil. Valuation modeling in Excel may refer to several different types of analysis, including discounted cash flow (DCF) analysis, comparable trading multiples, , and ratios such as vertical and horizontal analysis. initial public offering, Bloomberg News reported on Monday, citing. 5x on a. The brand assessment considers financial (such as brand value) and non-financial factors (i. 6 billion. 1 billion; Amazon: $70. Brand Valuation A versatile strategic tool for business. Myntra - Logo Myntra Logo. In May 2022, Myntra launched an express delivery service on its app to offer one of a kind of experience by fashion &. MRF also runs the MRF Pace Foundation, Chennai and MIDD – MRF. 75 billion worth of clothing, shoes, accessories and fragrances in 2022. Damodaran on Valuation 2ed: Entry Page. S, that sold pet supplies to retail customers. If you are looking to have a glimpse of the success story of boAt, then StartupTalky has brought you all about. Gymshark is a British fitness apparel and accessories manufacturer and retailer headquartered in Solihull, Birmingham, England. " According to market research institution Techinsights, despite a 0. Christian Dior SE (French: [kʁistjɑ̃ djɔʁ]), commonly known as Dior (stylized DIOR), is a French multinational luxury fashion house controlled and chaired by French businessman Bernard Arnault, who also heads LVMH. It comprises a fresh issue of ₹302 crore and an OFS of 1. 2 days ago · The valuation of the issue is priced at a discount compared to its peers in the mid-segment of IT services companies with a favourable risk reward for investors. 1 earwear audio brand. Government-owned DTC - which plans to offer a 25% stake through the IPO - set a price range of between 1. We present a novel brand valuation method based on conversion ratios. If a firm wants to achieve sustained success, building and sustaining brand equity and superior brand management are essential strategy initiatives for the boardroom. The minimum order quantity is 88 Shares. To learn more about CD&R, please visit cdr-inc. As on November 10, 2023, 26 companies have received the market regulator’s nod for IPOs and the approval still remains valid. 8 percent on a yearly basis, and is expected to break 100 billion RMB to 106. 44 billion) at the upper end, back-of-the-envelope calculations show. 5 billion valuation in IPO, a source says September 12, 2023. Search by. Roblox's pure-play tech model and high-growth potential are balanced by the. 7 billion. The company allows users to experience both spirit and energy at the same time. Realiza diversas versões da pesquisa Top of Mind em. 26, the P/E ratio works out to be 33x; Comparison with listed peers SBFC Finance trading at P/E 48. 2019. S. Innovating to create formulations that have the power to change the world while protecting the planet. Public financing is a way for management to raise higher sums of capital than they would otherwise privately. S. brands. is a Vietnam-based multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng. September 18, 2014 2:43 PM EDT. To scale successfully, brands must focus on omnichannel expansion and internationalization. It complements ISO 10668, Brand valuation – Requirements for monetary brand valuation, which focuses primarily on the financial aspects. The publisher is John Wiley and Sons. 1 day ago · On the valuation front, the issue is valued at a P/BV of 3. In early 2013 Aron left Nutanix to start Cohesity, a privately held computer data storage company. Marco Abato, VP of Brand, Digital & Communications at Cielo, says the process of self-auditing is ongoing, and leaders should remain on watch for market and company shifts. Arm Holdings plc (stylised in lowercase as arm, formerly an acronym for Advanced RISC Machines and originally Acorn RISC Machine) is a British semiconductor and software design company based in Cambridge, England, whose primary business is the design of central processing unit (CPU) cores that implement the ARM architecture family of. Unidentifiable intangible assets are those that cannot be measured or valued separately from the business, such as brand value, goodwill, or corporate culture. The brand was founded by Kardashian and chief executive officer Jens Grede and has expanded its. 1 day ago · On Day 1, as per NSE's data, Tata Tech IPO recorded cumulative bids of 29,43,78,780 equity shares, oversubscribing 6. The brand was founded by Kardashian and chief executive officer Jens Grede and has expanded its. 3% decline in the overall global smartphone market shipments in the third quarter of 2023, Honor shipped 16 million units, a 14% year-on-year increase, raising its global market share to 5. While apparel retailer H. Brand Value Chain Brand proposition Strong brands enhance business performance primarily through their influence on three key stakeholder groups: (current and prospective) customers, employees, and investors. Fabletics, the workout-apparel brand backed by Kate Hudson, has tapped banks to help it prepare for an initial public offering that it hopes would value it. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and. 70% ($15026/$22271) of the value of the company can be traced to brand name value. This method is often referred to as the “in-use” approach. 9 billion). The IPO of Tata Technology entirely consists of an offer-for-sale (OFS) of up to 6,08,50,278 equity shares with a face value of Rs 2 each amounting to Rs 3,042. Unimed Sorocaba tem marca avaliada no mercado da saúde. 6% stake for $240 million, giving Facebook a notional value of $15 billion at the time. Introducing to Brand Value Creator (BVC) Brand Value Creator (BVC) helps you understand how to grow brands and how people make choices. Brand Strength measures the ability of the brand to create loyalty and. This is a controversial member of the consumer. WTR is a unique and timely intelligence service informing commercial trademark decision making by assessing the business impact of trademark law developments. Feb 9, 2022—13 min read. 4% in its equity securities portfolio. The S&P 500 returned 27. 1. The value is often a reflection of the current and/or future economic benefits derived from brand ownership. Filter by condition. The company has fixed a price band of Rs 475 to Rs 500 per share on a face value of Rs 2. July 31, 2023 at 8:50 AM PDT. Brands can be valued using a variety of techniques. Founded in 2016, boAt is hailed as India's no. This strategic shift aligns with Golden Goose’s growth ambitions and reflects confidence in the brand’s value proposition and market position. Because the shares can be sold easily, the valuation is typically. find out who owns a trade mark. In January 2022, Sugar Cosmetics purchases the majority of ENN Beauty. Addressing the underlying issue – a deep misunderstanding about the value and purpose of in-house IP teams within organisations – can also lead to a host of other benefits, including: The iconic footwear brand plans to sell shares for between $44 and $49 apiece when it debuts on the New York Stock Exchange, aiming to raise as much as $1. Navi operates in the space of digital Loans, home loans, mutual funds, health insurance, digital gold and micro-loans. Lego is another brand whose core values extend through its company culture and into its product/service. 92 billion RMB in 2021, up 32. 8 out of 100. The No. It’s important to note that both tech giants brands fell in value from last year, as supply chain disruptions, labor market constraints, and slower forecasted revenue impacted their brands. Brand Strength. Tesla is the world's leading electric vehicle manufacturer, and, as. NEXTGENERATIONBRANDS. 2 days ago · The average STZ price target of $292. as brand name etc. Category expansion appears to be most effective when a brand has grown to a certain size, and when the expansion enhances and protects the brand’s unique value proposition. Catalog; For You; The Telegraph (Macon) Sources: Shein aims for $90B valuation in IPO 2023-11-08 - Bloomberg With assistance from Ryan Gould and Vinicy Chan. With a reasonable valuation, IREDA IPO should be subscribed to by long-term investors. 2 per cent, respectively. com Limited in St. This standard extends the scope of ISO 10668, Brand valuation – Requirements for monetary brand valuation, that focuses primarily on the financial valuation of brands. Brand Finance estimated the beverage’s 2022 brand value as $35. Figure Technologies Inc. 7 billion. It specifies the requirements of an ISO-compliant brand valuation, provides a framework for valuation (including procedures and methods), and shows methods for reporting results. INDUSTRIAL DESIGN. There are many approaches to brand valuation, here are 6: 1. The company was founded in 2007-2008 to sell personalized gift items. Website. 11 times on the upper end of the price band and using diluted EPS (earnings per share) for FY23 and a PE of 7. 2. We would like to show you a description here but the site won’t allow us. 4 crores and the revenues of Rs 943 crores. At the midpoint of its IPO price range, Kenvue. Pets. 2 days ago · Flair Writing Industries Ltd has set a price band of Rs 288-304 a share for its IPO. Authentic Brands will go public in an IPO that may value the company at $10 billion. The IPOs of Gandhar Oil Refinery and Flair Writing Industries have been oversubscribed on. [1] Since 2020, it has been a subsidiary of Mars Inc . Brazilian online lender Nubank, which is expected to sell shares to investors in the coming weeks, is targeting a valuation of over $50 billion. The company plans to raise ₹3,042. Mars, Incorporated. It currently has $100 million in. This International Standard specifies a framework for brand valuation, including objectives, bases of valuation, approaches to valuation, methods of valuation and sourcing of quality data and assumptions. The bid lot size is 30 Equity Shares and in multiples thereof. To evaluate the estimate of the value of the business one can use financial ratios such as: Enterprise value (EV) to gross revenues or net sales. Kenvue (KVUE), the consumer health spin-off from Johnson & Johnson JNJ -0. Brand evaluation is also an input into brand valuation, which focuses on the monetary value of a brand and its commercial worth to a company as a transferable and income-generating asset. Create a valuation scope. Bumble’s private owners will retain about 97 per cent of the company’s voting rights following the offering. Forbes calculates Coca-Cola’s brand. Infotech Enterprises was re-branded as Cyient in 2014 and was featured among the top 30 outsourcing companies. Face Value ₹10 per share: Price Band ₹30 to ₹32 per share: Lot Size: 460 Shares: Total Issue Size: 671,941,177 shares (aggregating up to ₹2,150. 2009-2022IPESO e Foodbiz se mantém unidas para promover nova edição da Top of Mind com operadores do setor de Foodservice. Altisource Asset Management Corp 11/01/2023. But how can managers put a financial value on their brands and those of other businesses? In this Manager Update, Roger Mills reviews the latest methodology used to value brands in financial terms and identifies their strengths and weaknesses. The proposed approach uses brand-related parameters, which are usually accessible, however, the established brand valuation methods have not yet used them. As a managing director at DFIN, he. INCLUDES all the tools you need to an in-depth Brand Valuation Self-Assessment. It was the first ever standard on brand evaluation, and was. Quality : The three-year average ROE and ROCE of Flair Writing are 16. The minimum lot size investment for NII is 14 lots (686 shares), amounting to Rs 208,544, and for NII, it is 68 lots (3,332 shares. The. S. 4 billion. IPO's Valuations. The site was created by Ben Silbermann, Paul Sciarra, and. 1 billion number comes across as an objective statement but it’s not the only valuation out there. Using this Standardized P/E (“C”) and multiplying it by each company’s estimated earnings (“D”) will give us an “Implied Share Price” (“E”). 3 percent jump in net profit at Rs 118. Uwharrie Capital Corp. EBITDA is an acronym that stands for earnings before interest, tax, depreciation, and amortization. springer. Tripling in brand value over the past year, TikTok is the world’s fastest-growing brand. And while Honest’s potential valuation is sure to grab headlines, that predicted value is—at best—flat from 2015, when the company raised $100 million at a $1. is an American consumer health company. 4 billion; As new technologies drive brand value across industries, Tesla leaves traditional automakers behind with fastest brand value growth in. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth. Apple, the computer company that started in a California garage in 1976, is now worth $3 trillion. We present a novel brand valuation method based on conversion ratios. "BUY-rated Reliance Industries holds 67% of RJio and valuation is 60% higher than the 33% stake from. Navi is an Indian financial services company founded by Sachin Bansal and Ankit Agarwal in 2018.