Relative valuation feels tricky because market moods, assumptions, and hidden risks can twist the numbers in surprising ways.It’s almost like learning how to find color code in word document, where the detail is small but makes all the difference in the outcome.That’s why no formula alone guarantees clarity, context always shapes the real value.
Honestly, I used to think relative valuation would be simple since comparable data is available, but when you start looking at multiples and industry cycles, it gets quite messy. By the way, as a side note, has anyone heard of sky tills? I came across the name randomly somewhere and couldn’t really understand what exactly it relates to, maybe someone here can clarify.
Relative valuation feels tricky because market moods, assumptions, and hidden risks can twist the numbers in surprising ways.It’s almost like learning how to find color code in word document, where the detail is small but makes all the difference in the outcome.That’s why no formula alone guarantees clarity, context always shapes the real value.
Honestly, I used to think relative valuation would be simple since comparable data is available, but when you start looking at multiples and industry cycles, it gets quite messy. By the way, as a side note, has anyone heard of sky tills? I came across the name randomly somewhere and couldn’t really understand what exactly it relates to, maybe someone here can clarify.