Investment Banking Comparables

Hello WSO,

I want to apologize for the ignorance in advance. Let's say there's this hypothetical investment bank that wants you to create a comparables that includes Enterprise/EBITDA multiples, and wants some "FINANCIAL STATEMENT BACKINGS" to make sure you calculated the multiples correctly. My question is, would you use the company's 10k or 10q filings to pull the data? Your enterprise value and EBITDA numbers change everyday, and so my logic is that you should use the 10q filing as it's the most recent data.

Thanks in advance.

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