Trading Comparables Valuation

Description

**AMT Training joined Training The Street in 2021. Our eLearning is now offered on Training The Street**

Training The Street’s online self-study courses are perfect for busy professionals who want to sharpen their financial skills and advance their careers. Our self-study courses use the same content and the same instructors to put you in control so you can learn at your own pace.

All participants who attend the public course training receive a certificate of completion.

Our expanded offering provides is now live on TTSacademy.com. Click below for more.

Learn in detail how to perform an accurate and meaningful trading comparables valuation of a target business relative to its publicly traded or ‘listed’ peers. This technique can be used on a wide variety of business and is used by equity research and institutional investors as well as parties valuing entire businesses such as corporate or ‘strategic’ buyers/ sellers, Private Equity (PE) funds and financial sponsors and advisory firms.

What you will learn

• Identify an appropriate group of publicly traded, or 'listed' peers
• Compute their fully diluted equity values and Enterprise Values (EV)
• Measure each peer's earnings over a variety of time frames including Last Twelve Months (LTM) and calendarized forecast year
• Make 'pro-forma' adjustments to earnings numbers to remove distortions from acquisitions or disposals made by the comparable firms
• Interpret your multiples and formulate a valuation of the businesses in question