Equity Research Problems

Hi guys,

I currently study in Madrid and I'm doing the Master in Finance after doing several internships in IBanking and now I'm going to start in Consulting full-time. During my studies we had to do several equity research projects, including company valuations using DCF, multiples and accounting based valuation. However during all of these projects I found that doing research and getting the financial statements is an absolute hassle. Either the information is plain wrong or difficult to attain (despite access to both Bloomberg and Factset). So from my perspective there is a real lack in the market for financial data especially just easily downloading historical financial statements. What is your view on this?

Max

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