Unit 4: Relative Valuation and Multiples
Relative Valuation: Concept, Popularity, and Pitfalls
Relative valuation is a valuation approach that estimates the value of an asset by comparing it ...
Standardized Values and Multiples (brief overview)
Earnings Multiples, Book Value Multiples, Revenue Multiples, and Sector-specific Multiples. This ...
Numerical Examples
Standardized Values and Multiples These examples illustrate the calculation and application of co...
Basic Steps to Using Multiples
Using multiples for relative valuation involves a structured process to ensure a sound and relia...
Real-Life Example: Relative Valuation of Chipotle (CMG)
This example demonstrates the steps involved in using multiples for relative valuation, using Ch...
Select Multiples
Overview and Application This topic provides an overview of several commonly used multiples in re...
Numerical Examples
Select Multiples These examples illustrate the calculation and interpretation of various multiple...
Reconciling Relative and Discounted Cash Flow Valuation
Both relative valuation and discounted cash flow (DCF) valuation are valuable tools, but they of...