Spreading Comps - Hand spread vs. CapIQ Spread?
I just started my first year as an analyst at a boutique (actual boutique, 15 people) in NYC. In their comps analyses they typically just use CapIQ formulas to do the analysis and the only work involves generating the comp set. My intention is to lateral to a better shop after a year, and I want to be sure I have adequate modeling skills. Would it be worth the extra effort to practice hand spreading these comps analyses on my own time? I.E. doing the analysis manually by pulling all the filings and calculating EBITDA, multiples, etc. manually as opposed to using CapIQ formulas to do it all.