How to Choose Comparable Companies
How to Choose Comparable Companies Choosing a set of comparable companies – a comparable universe – is the first and most important step to comparable company analysis. The rest of your analysis and valuation is based on the set of comparable companies you identify at the beginning of your analysis. Therefore, it is important to...
Personal Goodwill
What is Personal Goodwill? Personal goodwill is the intangible value that arises from the efforts or reputation of a business owner or other individual. It means that the value is only associated with the person working within an organization and not the business itself. In accounting and finance, goodwill is an intangible asset, whose value...
How to Get into Equity Research
Tips on How to Get into Equity Research Getting a job in equity research can be extremely competitive. Global investment banks and boutique firms only have so many Analysts and Associates, with a limited number of new people they hire each year. In a competitive marketplace, our guide on how to get into equity research will...
Lower Middle Market
What is the Lower Middle Market? Lower middle market refers to the lower end of the economy’s middle market segment, which is measured in terms of the firms’ annual revenue. Firms that are grouped under the lower middle market category realize an annual revenue that ranges from $5 million to $50 million. Lower...
Dow Divisor
What is the Dow Divisor? The Dow divisor, in simple terms, is a number used to help calculate the Dow Jones Industrial Average (DJIA). The divisor began as the equivalent of the total number of the stocks in the average, which was 30. Over time, however, the divisor was changed due to the need for...
