What are the thresholds for companys financials and valuation multiples that Mergerstat will include in the Control Premium Study?
For company financials, including sales, net income, EBIT, EBITDA, and book value, Mergerstat presents the latest twelve month (LTM) numbers including both positive and negative figures. However, for valuation multiples, including Price/Sales, Price/Income, Price/Book Value, TIC/EBIT and TIC/EBITDA, Mergerstat has guidelines for including ratios that are considered representative for the Control Premium Study. For reference, Mergerstat only includes the multiples that fall in the following ranges: Price/Sales: 0-10X; Price/Income: 0-40X; Price/Book Value: 0-10X; TIC/EBIT: 0-35X and TIC/EBITDA: 0- 25X. We were wondering about the number of bank and thrift transactions in the Factset Mergerstat/BVR Control Premium Study. The SIC codes we used were 6021, 6022, 6035 and the NAICS codes were 52211, 52212. For 2003, only 4 transactions had data when, per SNL Financial, 135 bank and thrift transactions have occurred this year. Why is there such a large discrepancy? There could be several reas
Related Questions
- What is the main difference between the Factset Mergerstat/BVR Control Premium Study database and the Mergerstat Review publication?
- Why are some of the Alacra-sourced Mergerstat transactions not present in the Factset Mergerstat/BVR Control Premium Study?
- How does Factset Mergerstat/BVR Control Premium Study calculate LTM sales figures for banks?
