Valuation & Deals · Relative value & deals
Comps & precedent transactions
Relative valuation: price a company off similar ones. Pick a peer set, compute EV/EBITDA, EV/Revenue and P/E multiples, apply them, and know when M&A precedents add a control premium.
Step 1 of 7 · Overview30 min read ·
Key idea
Prereqs: DCF, Three statements. Next: LBO modeling. Rosenbaum & Pearl *Investment Banking* ch. 1–2.Next: 1. Why multiples