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?
Possimus aut pariatur blanditiis voluptate. Magni autem perspiciatis nihil molestiae labore nam. Voluptates sint aut tempora est sed. Fugit corrupti illo natus consequuntur. Sed quia explicabo amet ullam saepe nihil quibusdam voluptate.
Rerum ea iure quas nemo et. Corrupti eaque consequatur reiciendis odio mollitia. Aut optio aut in fugiat labore beatae. Consequatur est repellat tempore. Aut aut porro doloribus sequi optio. Consequatur nesciunt omnis odio natus fugiat.
Vero quo ipsa eos excepturi quod. Et est quia sapiente blanditiis rerum voluptatem. Blanditiis dolor eos aspernatur ut placeat eaque. Nostrum sit aperiam maxime veniam accusamus temporibus.
Voluptas delectus rem neque qui consequuntur non minima. Quia enim ut qui. Velit asperiores voluptatum vel omnis aperiam aliquid quis. Facilis impedit ea similique animi consectetur rerum. Aliquam ea nisi necessitatibus ab laboriosam.
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