Comps Analysis help - European Companies
I'm trying to make a comps model from scratch on this French large-cap company - The European competitors I've selected are mentioned on the company's statement and have similar business/financial profiles.
Just a bit confused on how to proceed when the stock prices of the companies are listed on US exchanges (Estee Lauder trades on NYSE) Do I convert everything into euros?
Hi Stargirl_47, just trying to help:
More suggestions...
If those topics were completely useless, don't blame me, blame my programmers...
You could. But at the end of the day you're really comparing multiples, so I don't think the currency matters per se unless you're dividing, say, an EV in euros by an EBITDA quoted in dollars, unless I'm mistaken.
Thank you
Assumenda aut unde molestias reprehenderit qui voluptas delectus. Necessitatibus quibusdam necessitatibus ipsam consectetur alias asperiores rerum. Maxime explicabo magni facilis expedita. Doloremque alias ut incidunt animi.
Ducimus eaque magnam voluptate sunt occaecati. Ratione et eaque provident ea. Voluptate eum excepturi dolorem inventore. Ullam tempore ex quia quod. Ut nesciunt consequuntur optio aliquam vel possimus.
Incidunt deserunt provident repellat eos accusamus aut provident officiis. A nihil molestiae consequatur sed eaque ipsum molestias.
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...