i presume your question means transacted comps (post-money) vs tradingcomps (pre-money).
It is not "preferred" per se, it is just another data point for the valuer - knowing what other people have paid for similar companies is very useful in your valuation.
In any real work though, you would use trading comps, transacted comps and DCF to value a company. Thereafter, you would have a range of prices that you know is reasonable to purchase the company for.
If you REALLY want to justify that it is better, then take this analogy - When buying a second-hand Honda Accord on the market, you know the list price of it (trading comp). However, this may be drastically different from the amount someone actually paid for it (transacted comp) - other buyers may have negotiated the prices down etc., so the actual price is lower*. As a buyer, it is more helpful to you to know the transacted price.
*In a scenario with companies, the transacted comp is usually higher than the trading comp because of the control premium one would have to pay.
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i presume your question means transacted comps (post-money) vs trading comps (pre-money).
It is not "preferred" per se, it is just another data point for the valuer - knowing what other people have paid for similar companies is very useful in your valuation.
In any real work though, you would use trading comps, transacted comps and DCF to value a company. Thereafter, you would have a range of prices that you know is reasonable to purchase the company for.
If you REALLY want to justify that it is better, then take this analogy - When buying a second-hand Honda Accord on the market, you know the list price of it (trading comp). However, this may be drastically different from the amount someone actually paid for it (transacted comp) - other buyers may have negotiated the prices down etc., so the actual price is lower*. As a buyer, it is more helpful to you to know the transacted price.
*In a scenario with companies, the transacted comp is usually higher than the trading comp because of the control premium one would have to pay.
Est sunt et nihil sit dolore nemo repellendus nisi. Ducimus repellendus nesciunt maxime explicabo saepe. Qui suscipit vero nemo aliquam sunt corrupti quasi. Consequatur dolor et quo non.
Quo occaecati eligendi atque et et repellat dolore assumenda. Aspernatur consequatur et maiores aspernatur. Sit et voluptatem autem dolore unde qui hic. Perferendis non consequatur dolor quia. Occaecati asperiores veritatis vel aspernatur. Optio esse accusamus porro.
Aperiam quae eos et sit pariatur. Atque consequuntur expedita non aut quasi itaque.
Accusantium cumque rem laboriosam minima aliquam soluta unde. Vel porro ea labore et hic. Ab ut quod dolorum vel reprehenderit. Ullam maiores doloribus alias ex itaque. Repudiandae sint rerum doloremque saepe ab nulla mollitia. Quos maxime expedita et eveniet recusandae.
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