WSP: normalized financials relating European companies
Hi guys,
I am currently working on the course "Trading Comps" in WSP. In one of the video's he talks about adjusting from gaap to non-gaap, so that the calculations becomes normalized. My question is this:
When I am working with European companies, how should I relate to these normalized-calculations? Is there a similar way to adjust for European companies, or is it even necessary?
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Hope that helps.
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