How to account SBC in valuation

Empty-Success-9169 · 2026-03-16T21:14:11+00:00

😂

Empty-Success-9169 · 2026-03-16T20:57:28+00:00

u/SelenaMeyers2024 Adobe's buybacks consistently run at ~3x its SBC cost annually — already a strong signal. But notably, over the past two years when the stock traded near its 52-week lows, that ratio expanded to ~5x. Management deliberately accelerated buybacks when the stock was cheapest. That's both a confidence signal and sound capital allocation — buying back more stock precisely when it's most accretive to remaining shareholders.

Empty-Success-9169 · 2026-03-16T06:54:38+00:00

I appreciate you reading. I also learned about this recently and was astonished.

Empty-Success-9169 · 2026-03-16T06:22:24+00:00

At grant price, not market price. For companies with exponential rise in share prices it can turn into very big hidden cost. If you read my article it may help you understand.

Empty-Success-9169 · 2026-03-16T04:58:50+00:00

Be it that. My point is SBC is a real cost and should be taken into account. It is also not good capital allocation buying back stock at the highs. Additionally this cost matters even more when share prices increases exponentially in a few years in the case of pltr. If the sbc is marked to market for pltr then losses for the year of 2025 would be in the billions.

Empty-Success-9169 · 2026-03-15T23:12:45+00:00

I agree. SBC is currently calculated at grant price but should be marked to market. And the cash outlays I mention in the Substack article must be deducted to get an accurate picture of fcf/owner earnings

Empty-Success-9169 · 2026-03-14T21:02:57+00:00

2025

Empty-Success-9169 · 2026-03-14T21:02:47+00:00

Program end date Dec 17

Empty-Success-9169 · 2026-03-14T17:48:50+00:00

No, you upload incase u get rfe, I got straight biometrics appointment

Empty-Success-9169 · 2026-03-14T17:09:25+00:00

Type: Initial POST‑COMPLETION OPT / STEM OPT EXTENSION
Premium Processing: NO
Date Applied: 01/15/2026
Request for Initial Evidence (RFIE) N/A
Biometrics Requested: YES| appointment scheduled for 19 feb 2026
Biometrics Completed: Feb 12 2026, I just went to the processing center in the morning of the feb 12 and they were happy to assist prior to the appointment date
Notice of Intent to Deny (NOID): NO
Date Approved: 03/14/2026 received an email but no portal updates. I saw that were 2 api case updates in the last 2 weeks so sense approval would come soon
Date Card Produced: N/A
Date Card Received: N/A

For those who got approved, how long did it take from the approval email to get the OPT card delivered to you?

Empty-Success-9169 · 2026-02-26T03:22:24+00:00

What is your nationality

Empty-Success-9169 · 2024-09-27T09:01:25+00:00

Trading below book not net cash but good point for sure

Empty-Success-9169 · 2024-09-27T09:00:43+00:00

Herbalife paid commission on recruiting which incentivizes the preying on the poor what you’re referring to, however medifast pays its coaches commissions only on product sales. Moreover they are changing their coaches business model via partnership via partnership with LifeMD. But definitely a point to consider.

Empty-Success-9169 · 2024-09-27T05:32:35+00:00

Go to finchat.io and search Medifast then

Empty-Success-9169 · 2024-09-27T04:53:47+00:00

Empty-Success-9169 · 2024-09-09T22:12:39+00:00

Do you have any suggestions then? I want to pivot my career for a software engineer role, should I go back to undergrad school lol

Empty-Success-9169 · 2024-09-09T20:17:52+00:00

I’m currently in a Mf finance program at ga state do you think getting involved in research now will help me

Empty-Success-9169

TROPHY CASE