Comparable Companies
Short definition
Comparable companies are listed or transacted firms used as peers in a multiples valuation. Sector alone is not a peer set; margin, growth, cycle, accounting and control must be screened.
Detailed explanation
Screen: business model, geography, scale, leverage, growth. Outliers break the median. Few peers mean a wide range — not a point price.
A Turkish peer set can be thin; foreign peers need FX, country-risk and accounting adjustments.
Why it matters for the CFO
It is the spine of a listing valuation and a fairness view. Bad peers are a bad multiple.
How to read it
Median 8x, you at 10x: a growth/margin premium or a bad peer? Explain it.
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What to learn next
Definitions are educational. They are not investment, credit or tax advice.