Summary
This program will start by reviewing the elements of a pricing multiple. Specifically, we explore the components that makeup capitalization rates. By breaking down the modified CAPM, we explain how differences in size and capitalization can be incorporated directly into pricing multiples. We then walk through a prebuilt model that automatically applies these pricing multiple adjustments.
Size and Capitalization Adjustments for Market-Based Pricing Multiples
PDF, Size: 1,275 KB