First of all, thx a bunch for putting this awesome tool together!
QQ. By looking at the Leaderboard, shouldn't companies be ranked in ascending order by Dilution % (aka Blended Dilution)? Lowest Dilution Rate first, highest Dilution Rate last...
I'm seeing Dilution % following an erratic pattern instead as I descend the Leaderboard. Maybe I am missing something, or you're using a different dimension to rank individual companies in the Leaderboard.
It’s a bit editorialized as I’ve weighted a few different metrics like dilution vs peer cohort, SBC as a % of FCF and others. It’s a bit fairer way to compare across company size, maturity, etc.
If you want to sort just by dilution you can do that from the companies listing page.
This is a welcome development, but looking at dilution in isolation misses the critical issue. Those that abuse SBC often mask dilution through over priced repurchases, and this causes more damage through destruction of shareholder capital than the dilution. Please watch this : https://rockandturner.substack.com/p/the-dangerous-game-investors-are?utm_source=share&utm_medium=android&r=1owuoe
Hey Thomas,
First of all, thx a bunch for putting this awesome tool together!
QQ. By looking at the Leaderboard, shouldn't companies be ranked in ascending order by Dilution % (aka Blended Dilution)? Lowest Dilution Rate first, highest Dilution Rate last...
I'm seeing Dilution % following an erratic pattern instead as I descend the Leaderboard. Maybe I am missing something, or you're using a different dimension to rank individual companies in the Leaderboard.
Cheers,
Fab
It’s a bit editorialized as I’ve weighted a few different metrics like dilution vs peer cohort, SBC as a % of FCF and others. It’s a bit fairer way to compare across company size, maturity, etc.
If you want to sort just by dilution you can do that from the companies listing page.
Gotcha. Makes sense. Thx!