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.
since 2015 hasn't fully ended, i would think its the 2014 financial stmts adjusted for the first two quarters of 2015 to reflect most recent information.
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