I have a list of companies that work in those sub-sectors, but they are not of comparable size with the target company. How should I proceed with the analysis?
| +255 | Why UBS Is the Worst Place to Start Your IB Career | 38 | 2h |
| +212 | UBS 2nd Year Analyst Q&A (2026) | 37 | 1h |
| +69 | Firm Thinks I'm Lying About Offer | 20 | 2d |
| +60 | Indiana University Fraternity Pipelines | 36 | 1d |
| +50 | Rogo AI | 20 | 1d |
| +50 | Elite Boutique interview questions | 16 | 2h |
| +45 | Suspended for a Year | 19 | 1d |
| +40 | What's your craziest "hardo" story? | 8 | 2h |
| +39 | Stay at Weak Dealflow Team or Lateral? | 12 | 3d |
| +26 | Wolf of Wall Street vs. Reality: Anyone else feel scammed by the movies? | 9 | 1h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Part of the challenges of "comps" is that very few are exactly the same so you need to be able to articulate not just what the difference is by WHY that exists.
I had a similar challenge with one company last fall. Don't just look at "sub sectors". It's highly unlikely that all of those sub sectors are equal so go with the ones that drive the most revenue or are likely to drive the most growth.
Also think bigger. Perhaps there aren't any exactly similar firms, but if it's a service firm there might be other service conglomerates and so on.
You could do an SOTP using those comps to value each business segment.
Nihil consequatur harum temporibus nisi dolor. Eum aut natus reiciendis reiciendis optio illo.
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...