Deal Comps Analysis (Precedent Transactions)

Last 10 posts

Color Coding
I am confused about the color coding. Some cells with a formula that only uses inputs from the filings and do not reference other cells get coded black while other times they are coded blue. How should I think about this in terms of the certification exam?
Go to post added 7 years ago
Color Coding
I am confused about the color coding. In the videos some formulas that do not cell reference such as (=22-40) show up black but other times similar formulas that involve inputs from the filings and do not reference cells are blue. How should I think about this if I am doing the certification exam?
Go to post added 7 years ago
Color Coding
I am slightly confused about the color coding: in the Dealcomps sheet, when entering a hardcoded formula (for example, cash for May Dept. Stores was "-22-40"), we use the color black; however, in the Complex Trading Comps worksheet, when entering a hardcoded formula (for example, debt for Walmart wa... Read More
Go to post added 9 years ago
Marshall's Cash
Could you explain to me why we do not subtract Marshall Field's cash ($25 million) to get enterprise value?
Go to post added 9 years ago
Mervyn enterprise value
If we are trying to determine Mervyn's value on the same terms as other retailers, why would we net out A/R when we did not do that for any other deal or trade comp? If Mervyn is valued after the sale of receivables to GE Capital, then the $1,650 million equity value is inappropriate because it is t... Read More
Go to post added 9 years ago
additional adjustments
On page 8 of the 10k there was a one time $42 million lease expense adjustment to synchronize accounting assumptions. On page 10 there was an $18 million tax provision reduction resulting from the resolution of various federal and state income tax issues. What is the reason for not including these t... Read More
Go to post added 9 years ago
deal comps: calc/finding out EV v Eq Value, & liabilities
A bunch of questions on deal comps: How could one find out if liabilities are assumed in a deal (info many times is ambiguous in filings/press releases)? Also would this be shown in a certain place in the public proforma financial statements in a filing (eg 8ks), if it involved a public party... Read More
Go to post added 10 years ago