Constructing accurate financial models is paramount when undertaking equity valuation. These models serve as the foundation for quantifying a company's intrinsic estimate, providing investors with essential insights into its performance. A robust model incorporates various factors, including past financial data, industry trends, and macroeconomic c

In the realm of equity research modeling, valuation multiples serve being a crucial tool to assess the relative value regarding companies. These multiples evaluate a company's financial performance against industry benchmarks or similar firms. Popular valuation multiples comprise the price-to-earnings (P/E) ratio, price-to-book (P/B) ratio, and ent