Glossary entry (derived from question below)
Oct 13, 2016 05:55
8 yrs ago
English term
re-rate
English to Dutch
Bus/Financial
Finance (general)
Context: "Our winners so far this year are XXX which continued to deliver good operational results but didn’t re-rate significantly over the quarter."
Dank bij voorbaat
Steven
Dank bij voorbaat
Steven
Proposed translations
(Dutch)
4 | gestegen | Frank van 't Hoog |
4 | herwaarderen | Henk Sanderson |
References
rerating (of shares) | Kitty Brussaard |
Proposed translations
26 mins
Selected
gestegen
but didn't rerate significantly over the quarter. > maar het aandeel is hierdoor gedurende het kwartaal niet sterk gestegen.
'When the market changes its view of a company sufficiently to make calculation ratios such as PE substantially higher or lower, this a re-rating.'
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Note added at 8 hrs (2016-10-13 13:57:13 GMT)
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Nog een voorbeeld:
The market went up on Wednesday, which signaled that investors are willing to pay more for stocks than on Tuesday. This phenomenon is called re-rating of stocks which are upgraded to buy from hold only due to good news in the overall market. Are investors realizing that the selloff on Brexit was an overreaction? The market has almost gained what it lost on the selloff.
http://seekingalpha.com/article/3985449-market-re-rating-sto...
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Note added at 1 day1 hr (2016-10-14 07:53:55 GMT)
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Nog een dan:
What is re-rating?
Re-rating in the stock markets simply means that investors are willing to pay a higher price for shares, usually in anticipation of higher earnings in the future. What re-rating of shares does is that it expands the P-E ratio. Here is an example. If shares of company A are trading at Rs.100 per share with earning per share at Rs.10, it also means a P-E of 10. But if the share price shoots up to, say, Rs.200 and the earnings per share also goes up to Rs.15, the new P-E will be 13.3, which is higher than the 10 in the previous period. If the market is willing to pay a higher price compared with earnings for the shares of company A, it will be termed as re-rating of shares by the market.
This re-rating, or expansion in valuation, can happen for a company, or for the entire market, due to a number of reasons such as improvement in the demand situation, pick-up in the general economic activity or favourable policy decisions.
http://www.livemint.com/Money/5lfzconRmmBHwPSFXaPx7H/Dejargo...
'When the market changes its view of a company sufficiently to make calculation ratios such as PE substantially higher or lower, this a re-rating.'
--------------------------------------------------
Note added at 8 hrs (2016-10-13 13:57:13 GMT)
--------------------------------------------------
Nog een voorbeeld:
The market went up on Wednesday, which signaled that investors are willing to pay more for stocks than on Tuesday. This phenomenon is called re-rating of stocks which are upgraded to buy from hold only due to good news in the overall market. Are investors realizing that the selloff on Brexit was an overreaction? The market has almost gained what it lost on the selloff.
http://seekingalpha.com/article/3985449-market-re-rating-sto...
--------------------------------------------------
Note added at 1 day1 hr (2016-10-14 07:53:55 GMT)
--------------------------------------------------
Nog een dan:
What is re-rating?
Re-rating in the stock markets simply means that investors are willing to pay a higher price for shares, usually in anticipation of higher earnings in the future. What re-rating of shares does is that it expands the P-E ratio. Here is an example. If shares of company A are trading at Rs.100 per share with earning per share at Rs.10, it also means a P-E of 10. But if the share price shoots up to, say, Rs.200 and the earnings per share also goes up to Rs.15, the new P-E will be 13.3, which is higher than the 10 in the previous period. If the market is willing to pay a higher price compared with earnings for the shares of company A, it will be termed as re-rating of shares by the market.
This re-rating, or expansion in valuation, can happen for a company, or for the entire market, due to a number of reasons such as improvement in the demand situation, pick-up in the general economic activity or favourable policy decisions.
http://www.livemint.com/Money/5lfzconRmmBHwPSFXaPx7H/Dejargo...
Reference:
Peer comment(s):
disagree |
Henk Sanderson
: rating heeft niet direct iets met de aandelenkoers op de beurs te maken, al wordt deze wel door de rating beïnvloed//Het gaat om het verschil tussen 'winners' (= gestegen beurskoersen) en herwaardering (re-rating)
5 hrs
|
agree |
Kitty Brussaard
: Inderdaad, dit gaat over de marktwaardering (beurswaarde) van de betreffende aandelen en ik ben het ook eens met 'gestegen' in dit specifieke geval. Goede refs ook.
8 hrs
|
Bedankt Kitty!
|
4 KudoZ points awarded for this answer.
Comment: "Bedankt!!"
5 hrs
herwaarderen
Er vond geen significante herwaardering plaats.
Waarderingen worden opgemaakt door Rating Institutions zoals Moody, S & P en Fitch. Dite heeft niets met de beurskoers zelf te maken, maar die wordt natuurlijk wel beïnvloed door de rating
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Note added at 10 hrs (2016-10-13 16:12:58 GMT)
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Inderdaad, de ratings voor aandelen worden door andere instituten (en beursgoeroes) gemaakt. Blijft dat de vertaling met herwaardering beter is dan met gestegen - het stijgen (of dalen) volgt gewoonlijk op de herwaardering, niet andersom. Bovendien wordt in de brontekst gezegd dat de winners (waarvan de koersen dus zijn gestegen) niet werden 'gereratet' dus niet werden geherwaardeerd.
Waarderingen worden opgemaakt door Rating Institutions zoals Moody, S & P en Fitch. Dite heeft niets met de beurskoers zelf te maken, maar die wordt natuurlijk wel beïnvloed door de rating
--------------------------------------------------
Note added at 10 hrs (2016-10-13 16:12:58 GMT)
--------------------------------------------------
Inderdaad, de ratings voor aandelen worden door andere instituten (en beursgoeroes) gemaakt. Blijft dat de vertaling met herwaardering beter is dan met gestegen - het stijgen (of dalen) volgt gewoonlijk op de herwaardering, niet andersom. Bovendien wordt in de brontekst gezegd dat de winners (waarvan de koersen dus zijn gestegen) niet werden 'gereratet' dus niet werden geherwaardeerd.
Peer comment(s):
agree |
Frank van Remmen
12 mins
|
Dank je, Frank
|
|
disagree |
Frank van 't Hoog
: Je vertaling zou kunnen, maar je weet niet wat er met re-rating wordt bedoeld. Rating agencies beoordelen de kredietwaardigheid van bedrijven en landen, d.w.z. de waarde van hun schuldbewijzen (=obligaties). Dit gaat ecover de beurswaarde van een aandeel.
2 hrs
|
Nee, gaat over dat wel de koers is gestegen, maar niet de waardering door de beursgoeroes
|
|
neutral |
Kitty Brussaard
: Helaas, ik ben het hier met de andere Frank (TextNed) eens :-). Het gaat hier om een (uitgebleven) 'herwaardering' van de betreffende aandelen/bedrijven (door de aandelenmarkt). Goede bedrijfsresultaten beïnvloeden normaliter de beurswaarde positief.
3 hrs
|
Zie boven
|
Reference comments
10 hrs
Reference:
rerating (of shares)
rerating
noun [ C or U ] also re-rating UK /ˌriːˈreɪtɪŋ/ US STOCK MARKET, FINANCE
the changing of the price, value, etc. of something:
Improving demand has prompted a re-rating of mining shares.
http://dictionary.cambridge.org/dictionary/english/rerating
What is re-rating?
Re-rating in the stock markets simply means that investors are willing to pay a higher price for shares, usually in anticipation of higher earnings in the future. What re-rating of shares does is that it expands the P-E ratio. Here is an example. If shares of company A are trading at Rs.100 per share with earning per share at Rs.10, it also means a P-E of 10. But if the share price shoots up to, say, Rs.200 and the earnings per share also goes up to Rs.15, the new P-E will be 13.3, which is higher than the 10 in the previous period. If the market is willing to pay a higher price compared with earnings for the shares of company A, it will be termed as re rating of shares by the market.
This re-rating, or expansion in valuation, can happen for a company, or for the entire market, due to a number of reasons such as improvement in the demand situation, pick-up in the general economic activity or favourable policy decisions.
Interestingly, the expansion in the valuations in the US has happened at a time when the growth in the profitability of companies there is expected to moderate. Therefore, it is possible that, more than the earnings growth, it is the easy availability of money that is driving the stock prices.
http://www.livemint.com/Money/5lfzconRmmBHwPSFXaPx7H/Dejargo...
Diversified medical devices group, Compumedics, announced on Wednesday morning that its Germany based business, DWL, had received an additional $700,000 in sales orders from its distributor in China.
This development is significant from a number of perspectives and tends to support the fact that Compumedics’ share price can rerate strongly in the near term to meet broker share price targets of circa 80 cents.
http://www.marketwire.com.au/market-moving-stocks/strong-pro...
Dat is bijvoorbeeld aan de orde bij BE Semiconductor Industries (Besi). De beurskoers van deze toeleverancier aan de halfgeleiderindustrie kwam in de tweede helft van vorig jaar stevig onder druk te staan uit vrees voor economische stagnatie in China. Echter, de signalen van een aanstaand herstel in semiconductorbestedingen wonnen de laatste tijd aan kracht. Toen Besi vorige week met een overtuigend persbericht met de jaarcijfers 2015 en prognoses 2016 naar buiten kwam, was een rerating van het aandeel een kwestie van korte tijd. De Besi-koers pluste 25% (!) in februari.
https://fd.nl/beurs/1141886/sbb-tegen-w-elke-prijs
Analisten van Theodoor Gilissen hebben hun favoriete aandelen voor 2006 bekendgemaakt. Tot hun 'top picks' behoren Akzo Nobel, Buhrmann en Fugro. Ook Imtech, ING, OPG, Philips, BNP Paribas en Total staan in de favorietenlijst.
(...)
Volgens de zakenbank is Philips interessant omdat er verschillende 'triggers' zijn voor een rerating van het aandeel. De aanjagers voor die bijstelling zijn de verwachte afsplitsing van de halfgeleiderdivisie, de focus op waardecreatie en het wegvallen van een holding-discount.
http://www.trouw.nl/tr/nl/4504/Economie/article/detail/14473...
--------------------------------------------------
Note added at 11 hrs (2016-10-13 17:02:52 GMT)
--------------------------------------------------
PS. De 'winners' in Stevens brontekst zijn volgens mij niet zozeer bedrijven waarvan de aandelenkoers is gestegen (zoals Henk veronderstelt), maar bedrijven die een sterk bedrijfsresultaat ('strong operational results') zijn blijven neerzetten. Normaliter zou dit een (positieve) 'koerstrigger' zijn, maar een dergelijke 'herwaardering' van de betreffende aandelen door de markt is klaarblijkelijk uitgebleven.
Just my tuppence worth :-)
--------------------------------------------------
Note added at 1 day4 hrs (2016-10-14 10:36:32 GMT) Post-grading
--------------------------------------------------
Allied Healthcare shares re-rated 112% in the last two weeks
Allied Healthcare’s (ASX: AHZ) shares have been on a tear in the latter half of this month, rising 111.76% since 11 October to an intra-day high of $0.18 yesterday before moderating to a close of $0.16.
https://www.proactiveinvestors.com/companies/news/147940/all...
Alexium International Group shares re-rated
Alexium International Group (ASX:AJX) shares have risen 33.7% in the past week to $0.115 from $0.086 on Friday as investors grasp the potential of the company and re-rate it accordingly.
http://www.proactiveinvestors.co.uk/companies/news/61115/ale...
Broken Hill Prospecting Ltd shares re-rated on mineral sands and cobalt
The BPL share price has been on the move as investors tweak to the mineral sands assets and robust projected profits from using an innovative, compact and modular, mobile processing plant, able to be moved to any one of a number of high-grade HMS deposits.
http://www.proactiveinvestors.com.au/companies/news/151047/b...
Following the sharp correction after weak Q1FY17 results, DRRD shares have re-rated by ~10% on hopes of earnings accretion from Teva portfolio acquisition, particularly from the likely launch of Nuvaring in FY2018, resolution of FDA issues towards the end of FY2017, and expected pick up in US launches from 2HFY17.
http://www.financialexpress.com/markets/indian-markets/kotak...
noun [ C or U ] also re-rating UK /ˌriːˈreɪtɪŋ/ US STOCK MARKET, FINANCE
the changing of the price, value, etc. of something:
Improving demand has prompted a re-rating of mining shares.
http://dictionary.cambridge.org/dictionary/english/rerating
What is re-rating?
Re-rating in the stock markets simply means that investors are willing to pay a higher price for shares, usually in anticipation of higher earnings in the future. What re-rating of shares does is that it expands the P-E ratio. Here is an example. If shares of company A are trading at Rs.100 per share with earning per share at Rs.10, it also means a P-E of 10. But if the share price shoots up to, say, Rs.200 and the earnings per share also goes up to Rs.15, the new P-E will be 13.3, which is higher than the 10 in the previous period. If the market is willing to pay a higher price compared with earnings for the shares of company A, it will be termed as re rating of shares by the market.
This re-rating, or expansion in valuation, can happen for a company, or for the entire market, due to a number of reasons such as improvement in the demand situation, pick-up in the general economic activity or favourable policy decisions.
Interestingly, the expansion in the valuations in the US has happened at a time when the growth in the profitability of companies there is expected to moderate. Therefore, it is possible that, more than the earnings growth, it is the easy availability of money that is driving the stock prices.
http://www.livemint.com/Money/5lfzconRmmBHwPSFXaPx7H/Dejargo...
Diversified medical devices group, Compumedics, announced on Wednesday morning that its Germany based business, DWL, had received an additional $700,000 in sales orders from its distributor in China.
This development is significant from a number of perspectives and tends to support the fact that Compumedics’ share price can rerate strongly in the near term to meet broker share price targets of circa 80 cents.
http://www.marketwire.com.au/market-moving-stocks/strong-pro...
Dat is bijvoorbeeld aan de orde bij BE Semiconductor Industries (Besi). De beurskoers van deze toeleverancier aan de halfgeleiderindustrie kwam in de tweede helft van vorig jaar stevig onder druk te staan uit vrees voor economische stagnatie in China. Echter, de signalen van een aanstaand herstel in semiconductorbestedingen wonnen de laatste tijd aan kracht. Toen Besi vorige week met een overtuigend persbericht met de jaarcijfers 2015 en prognoses 2016 naar buiten kwam, was een rerating van het aandeel een kwestie van korte tijd. De Besi-koers pluste 25% (!) in februari.
https://fd.nl/beurs/1141886/sbb-tegen-w-elke-prijs
Analisten van Theodoor Gilissen hebben hun favoriete aandelen voor 2006 bekendgemaakt. Tot hun 'top picks' behoren Akzo Nobel, Buhrmann en Fugro. Ook Imtech, ING, OPG, Philips, BNP Paribas en Total staan in de favorietenlijst.
(...)
Volgens de zakenbank is Philips interessant omdat er verschillende 'triggers' zijn voor een rerating van het aandeel. De aanjagers voor die bijstelling zijn de verwachte afsplitsing van de halfgeleiderdivisie, de focus op waardecreatie en het wegvallen van een holding-discount.
http://www.trouw.nl/tr/nl/4504/Economie/article/detail/14473...
--------------------------------------------------
Note added at 11 hrs (2016-10-13 17:02:52 GMT)
--------------------------------------------------
PS. De 'winners' in Stevens brontekst zijn volgens mij niet zozeer bedrijven waarvan de aandelenkoers is gestegen (zoals Henk veronderstelt), maar bedrijven die een sterk bedrijfsresultaat ('strong operational results') zijn blijven neerzetten. Normaliter zou dit een (positieve) 'koerstrigger' zijn, maar een dergelijke 'herwaardering' van de betreffende aandelen door de markt is klaarblijkelijk uitgebleven.
Just my tuppence worth :-)
--------------------------------------------------
Note added at 1 day4 hrs (2016-10-14 10:36:32 GMT) Post-grading
--------------------------------------------------
Allied Healthcare shares re-rated 112% in the last two weeks
Allied Healthcare’s (ASX: AHZ) shares have been on a tear in the latter half of this month, rising 111.76% since 11 October to an intra-day high of $0.18 yesterday before moderating to a close of $0.16.
https://www.proactiveinvestors.com/companies/news/147940/all...
Alexium International Group shares re-rated
Alexium International Group (ASX:AJX) shares have risen 33.7% in the past week to $0.115 from $0.086 on Friday as investors grasp the potential of the company and re-rate it accordingly.
http://www.proactiveinvestors.co.uk/companies/news/61115/ale...
Broken Hill Prospecting Ltd shares re-rated on mineral sands and cobalt
The BPL share price has been on the move as investors tweak to the mineral sands assets and robust projected profits from using an innovative, compact and modular, mobile processing plant, able to be moved to any one of a number of high-grade HMS deposits.
http://www.proactiveinvestors.com.au/companies/news/151047/b...
Following the sharp correction after weak Q1FY17 results, DRRD shares have re-rated by ~10% on hopes of earnings accretion from Teva portfolio acquisition, particularly from the likely launch of Nuvaring in FY2018, resolution of FDA issues towards the end of FY2017, and expected pick up in US launches from 2HFY17.
http://www.financialexpress.com/markets/indian-markets/kotak...
Discussion