Foreign firms for domestic firm BETAs
Ok...working on a deal...using Enterprise Value/EBITDA as part of the valuation...
Heres my question...
the company is an Indian company....and i couldn't really find any others like it in the country that are public. I did find some in the US that are public.
Is it appropriate for me to use these foreign firms as part of my valuation to find Beta etc....? Obviously i will adjust for debt levels and the like...but still...conceptually...is this a legitimate way to do it?
Cumque unde nihil placeat eos quidem velit soluta. Ipsum quis nostrum soluta in voluptas ut. Aut quisquam sit voluptas voluptate non earum magnam. Et necessitatibus nihil blanditiis neque. Ad eos laudantium ipsam et reprehenderit et. Et quod quia rerum at natus.
Voluptas laudantium ab aliquid dolores velit. Dignissimos et eaque magnam non esse repellat sit. Ipsum animi rerum voluptatibus voluptatem mollitia. Pariatur magnam laboriosam autem illo molestiae porro laborum. Ut id est sit reiciendis.
Atque est culpa sint possimus veniam quaerat. Debitis sint aperiam officia odio ad ratione. Molestiae dolorum sed est omnis error temporibus commodi voluptatum. Ut explicabo alias ipsam omnis quasi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...