A new feature has been added to the DealStats database to help visualize the distribution of data from a selected set of comparable companies. The “Insights” tab now includes histograms for all six valuation multiples—actually 12 if you include the six Pure Play MVIC multiples, another recent addition (see below). The histograms are organized by ranges of values (bins) on the horizontal axis and counts on the vertical axis to show the frequency of the multiples. The newly added histograms will provide you with yet another way to visualize the data for your comparable company set, allowing you to gain additional insights into the transaction data as you determine a valuation multiple to apply to the subject company.

This new feature comes on the heels of the addition of Pure Play MVIC (PPMVIC) prices and multiples. The Pure Play MVIC price creates a secondary price that includes only the market value of the target’s fixed assets and total intangibles. The Pure Play MVIC multiples are the multiples calculated using the Pure Play MVIC price. The Pure Play MVIC price and PPMVIC multiples may be helpful if you have a group of comparable companies that include asset and stock sales or if you have a group of asset sale transactions where some comparables include inventory or accounts receivable and some do not. You no longer need to examine the individual transactions and adjust the selling price of your comps. This is also helpful after applying the multiples to determine what needs to be added back to reach an equity value.

If you have any questions about these new features, please contact BVR at dataquestions@bvresources.com, or review the DealStats FAQ page and companion guide.