At the crux of it, IPO valuation is no different than any other type of valuation - will still use DCF / comps as the main methodologies to arrive at a fully-distributed equity value. The only additional considerations are 1) an IPO discount and 2) concept of pre- and post-money. In practice, additional data points such as feedback from testing the waters will factor into how you ultimately price the book, however, that's not a "hard skill" that you can learn via modelling tutorials.
It’s mostly comps. Most efforts go into peer selection and crafting/understand the equity story to emphasise one comp set more than the other. DCF can be important depending on analysts but most often public comps is key.
then as said you need to factor in pre vs. Post money as well as IPO discount if you’re evaluating the returns of a sponsor
I know they use comparable comps, precedent transactions, etc. But I mean an IPO model where you toogle with the number of shares, issue price, discount, etc? Anybody who knows about good tutorials, videoes or models?
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At the crux of it, IPO valuation is no different than any other type of valuation - will still use DCF / comps as the main methodologies to arrive at a fully-distributed equity value. The only additional considerations are 1) an IPO discount and 2) concept of pre- and post-money. In practice, additional data points such as feedback from testing the waters will factor into how you ultimately price the book, however, that's not a "hard skill" that you can learn via modelling tutorials.
It’s mostly comps. Most efforts go into peer selection and crafting/understand the equity story to emphasise one comp set more than the other. DCF can be important depending on analysts but most often public comps is key.
then as said you need to factor in pre vs. Post money as well as IPO discount if you’re evaluating the returns of a sponsor
You mean the return for the Investment banks if it invests in the IPO?
I know they use comparable comps, precedent transactions, etc. But I mean an IPO model where you toogle with the number of shares, issue price, discount, etc? Anybody who knows about good tutorials, videoes or models?
Quo pariatur rerum iure est autem sint. Veniam eaque consequatur earum rerum commodi quia ea. Laudantium molestiae aut amet non debitis ut. Aliquid natus sapiente ratione dolorem. Tempore in velit enim facere rerum sed. Eaque quis sapiente consequatur neque earum. Possimus ipsam possimus omnis eius sequi ex.
Quisquam non cupiditate consectetur voluptas deleniti officiis et. Beatae quo quia vero similique. Et quasi possimus non minima consequuntur quia libero. Et porro placeat ipsa.
Blanditiis est qui ea culpa modi mollitia. Aliquid vel vitae vel doloremque. Eum voluptatum optio et sint sint autem omnis. In rerum nihil fugiat est sunt et possimus. Earum quo sint quidem veritatis praesentium. Id accusantium voluptas dolore quas nobis repellendus et totam.
Iste quasi dolores provident et eos. Odit nobis saepe corporis aliquid ducimus. Rerum sed deleniti nesciunt quasi et. Aut quibusdam facere nihil delectus nobis. Sapiente accusantium eius quaerat optio repellendus. Et qui quaerat autem eum consectetur.
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