Issue Picking Comparable Companies
Hello all, I am working on a comp analysis for Tiffany and Co using Richemont, Signet Jewelers, Swatch Group, Christian Dior, and Pandora as my comparables. I have run into the issue that three of these companies, being based outside of the us, submit financial reports on a semester rather than quarterly basis. Is this something I can work around? Particularly with regards to the LTM section of the analysis - as the LTM for these companies will be about 3 months less recent than the LTM of the quarterly report companies. I would appreciate any advice and other ideas for comparable companies that might be better if you have any. Thanks!
Doesn't matter - he went to Jared!
Were you checking SEC or some other regulatory documents? Do they maybe post quarterly presentations or news releases? If not, do you have analyst forecasts? Worst case scenario, I'd just use the companies that you have the info for. Maybe use the others as a "secondary" data set that is useful but less reliable.
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