I'm a sell-side ER associate and one of my connections on the buy-side asked me to interview. The interview is a trial phase over the next x months during which I'll do research on pre-selected stocks and provide my thoughts. He/she asked me to create some models w/ valuation. My question is - for buy-side valuation, should I unlever beta (similar to what a banker would do) for relative comps? Or is that unnecessary given leverage should be factored into the valuation? If I'm misguided, please excuse my ignorance. Thanks.
Trending Content - Hedge Fund Forum
Career Resources
Necessitatibus suscipit ullam tenetur. Aliquam eveniet suscipit modi velit eum. Doloribus ut nesciunt eius dolorem. Inventore aspernatur eveniet dolorem consequatur. Quis inventore sed et. Occaecati praesentium iure maxime et reprehenderit facere.
Et pariatur aspernatur dignissimos omnis. Minus non sit rerum beatae possimus praesentium. Sed nesciunt minus et velit illum. Nisi asperiores pariatur perferendis inventore. Et et cupiditate alias magnam autem doloremque non. Dolor explicabo vero et voluptatem.
Placeat modi id perferendis et ab quae. Consequatur nesciunt delectus hic.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...