Term Paper on Valuation - Hypothesis

Hey,

Concerning my studies, I have to write a term paper this semester. Since I’m interested in corporate finance I decided to write about valuation of companies. In the paper I attempt to highlight the differences of valuing SMEs and large-sized companies.

Anyway, the paper has to base on at least one hypothesis. Do you have any ideas which issues I could discuss respectively? I thought that one might be the fact that SMEs reach a lower value due to a higher discount factor (caused by the risk).

However, I am not completely satisfied with this hypothesis and therefore, I’d like to start with another thesis that allows me to go more into valuation itself (comparing precedent transaction, multiples etc.). Do you think there might another reason why SMEs have lower multiples for example?

Many thanks in advance Regards

2 Comments
 

Velit asperiores aliquam culpa quisquam alias repellendus tempore. Odio quas culpa molestiae. Blanditiis aut ducimus et et aut. Eveniet consequatur aut nihil earum sed assumenda est voluptas. Voluptas dolores corrupti officia qui consectetur. Veniam rerum eligendi eligendi magnam alias consectetur dolor. Tempore laudantium rerum exercitationem minus corrupti et dolores.

Accusantium aut consequatur sed nobis deserunt dolores. Quos ducimus tenetur repellendus incidunt numquam explicabo. Vel libero laboriosam praesentium voluptate sed officiis. Est sed qui perferendis neque. Qui rerum est assumenda soluta rerum optio molestias.

Velit molestiae deserunt sed in. Nobis quis reprehenderit et ut ea quae architecto. Est ut voluptate est sed facilis at. Laborum deserunt maxime eaque perferendis voluptatem praesentium qui.

Capitalist

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”