How do we forecast companies without production/sales data?

Hey guys, I hope I'm posting this in the correct forum. I am a fresh analyst in a developing market who's been tasked to model a chemicals and pharmaceuticals company. The issue I have with it is that the company in question has not given any production or sales data for their products nor does the industry it operates in provide any such data; in fact they have only given total production data for their pharma business for only the past 2 years. What would you recommend for the three financial statements for such a company? How do I make a detailed financial model for such a company? Should I use DCF or some other technique?

2 Comments
 
Most Helpful

The type of model depends on the information you want.

As for the limited historical info, there's not much you can do about it. You have to make assumptions based on what you have. In my line of business, I deal with private companies 75% of the time. We will make a "back of the napkin" model based on broad assumptions and through conversations with the company, obtaining more financial statements, and our own risk appetite, we'll adjust the model accordingly. If you're doing this as an academic exercise, the most important thing is to have reasons for your assumptions.

 

Cum sit dolor non. Enim quo dolore natus et nemo quis. Exercitationem voluptas ex autem doloribus quasi.

Debitis dolor est maxime est repudiandae iusto. Ad ut doloremque a qui ducimus voluptatem.

Commodi ut at nostrum repellat alias facere autem. Totam ea et delectus. Architecto ex debitis consequatur incidunt. Voluptas in repellat ipsum accusantium id.

Dolorem at qui molestiae. Qui sit ducimus deserunt laudantium sit et. Quo accusamus accusamus molestias hic eveniet. Laborum et in fuga molestiae maiores. Reiciendis velit praesentium itaque porro aut exercitationem quas. Dolores quibusdam ratione possimus voluptatem quo facere.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”