yep just come up with a selection of comparable companies that you can use. most of the times your bank will already have them obviously but if not somebody will give you some guidance on the universe hopefully, otherwise read broker notes on your target, see what they are using and complement with bb, factset etc. to be more extensive.

there is no winning formula here, in the end it comes down to you and your time to pick the companies

"too good to be true" See my WSO Blog
 

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