Comparable Company Analysis Template
Comparable Company Analysis Template
This comparable company analysis template demonstrates how to compute and compare the valuation ratios of industry competitors.
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Comparable company analysis (or “comps” for short) is a valuation methodology that looks at ratios of similar public companies and uses them to derive the value of another business. Comps is a relative form of valuation, unlike a discounted cash flow (DCF) analysis, which is an intrinsic form of valuation.
Steps in Performing Comparable Company Analysis
1. Find the right comparable companies
Compile a list of companies operating in the same industry with similar characteristics based on criteria including industry classification, geography, size, growth rate, margins, and profitability.
2. Gather financial information
Once you’ve found the list of companies that you feel are most relevant to the company you’re trying to value, it’s time to gather their financial information.
3. Set up the comps table
In Excel, you will create a table that lists all the relevant information about the companies you’re going to analyze.
4. Calculate the comparable ratios
With a combination of historical financials and analyst estimates populated in the comps table, you can start calculating the various ratios that will be used to value the companies.
5. Use the multiples from the comparable companies to value the company
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