Public Comps & Deal Comps
Comparable company analysis (public comps) and precedent transaction (deal comps) are foundational tools in valuation, enabling relative assessment of corporate worth in context of market multiples and past deals. These methods help investors, acquirers, and financial advisors benchmark value, validate assumptions, and cross‑check DCF outcomes.
Synpact Consulting provides rigorous Public Comps & Deal Comps services, combining deep sector insight, robust screening, and disciplined adjustments. Our analyses are designed to support valuations, pitch books, fairness opinions, investor decks, and deal negotiations.
Why Choose Synpact for Public & Deal Comps
- Sector‑Focused Screening: We tailor comparables to your sector, business model, geography, and scale to ensure relevancy.
- Comprehensive Data Sources: We rely on premium financial databases, transaction databases, regulatory filings, and market disclosures.
- Adjusted & Normalized Metrics: Our comps include clean-up adjustments, non-recurring items, and capital structure harmonization.
- Transparent Methodology: We explain screening criteria, multiple adjustments, outlier treatment, and weighting logic.
- Cross‑Validation with Other Methods: Comps complement DCF or other methods to triangulate fair value.
- Custom Output Formats: We deliver summary tables, interactive models, and export-ready decks or reports.
- Timely Turnaround & Updates: We commit to rapid delivery and periodic refreshes as market conditions evolve.
Our Services in Public Comps & Deal Comps
- Comparable Universe Construction – Identify peer companies matching sector, size, margins, growth trajectory, geography, and ownership structure.
- Precedent Transaction Screening – Select relevant past M&A deals involving similar targets or industries, adjusted to the time, deal type, and control premium context.
- Financial Metric Normalization & Adjustment – Normalize operating income, remove one‑offs, adjust for leasing, pensions, or non‑core assets.
- Multiple Computation & Cross‑Sectional Statistics – Derive multiples (EV/EBITDA, EV/Revenue, P/E, etc.), compute medians, quartiles, and weighted averages.
- Multiple Application to Subject – Apply selected multiples to your subject’s normalized metrics, with sensitivity ranges (low / base / high).
- Outlier Filtering & Weighting Logic – Exclude extreme values, apply caps/floors, and assign weights based on comparator quality.
- Comparative Sensitivity & Scenario Tables – Provide sensitivity tables showing valuation under multiple combinations; stress test assumptions.
- Presentation / Report Integration – Format results into slides, tables, and narrative context for inclusion in pitchbooks, fairness opinions, or valuation reports.
Process & Workflow
- Initial Scoping & Criteria Definition – Define sector, peer filters, deal vintage, deal types, geographic scope.
- Data Collection & Screening – Pull candidate public companies and transaction records from databases, filings, deal logs.
- Normalization & Metric Adjustment – Adjust financials for comparability (normalize margins, lease adjustments, etc.).
- Multiple Computation & Statistics – Compute and analyze multiples and distribution metrics.
- Application & Valuation Estimation – Map multiples to subject, generate valuation scenarios.
- Review & Sensitivity Analysis – Check for outliers, test alternative multiple sets, validate robustness.
- Delivery & Refresh Capabilities – Package results into models, reports, and slides; support periodic updates.
Industries & Use Cases
Industries / Sectors Covered:
- Technology & SaaS
- Healthcare / Life Sciences
- Clean Energy / Renewables
- Consumer & Retail
- Industrials, Infrastructure, Manufacturing
- Fintech & Financial Services
Use Cases:
- Valuation triangulation for fairness opinions, investor presentations, or M&A bids
- Benchmarking subject valuations relative to peers
- Pitch preparation for investment bankers and financial sponsors
- Internal strategy & corporate development comparisons
- Precedent validation to support negotiation or price guidance
Frequently Asked Questions (FAQs)
Q: How many comparators do you typically include?
A: Usually between 6–20 peer companies and 5–15 precedent transactions, depending on sector depth.
Q: How do you select which deals count as “precedents”?
A: By relevance in sector, deal size, control nature, exclusivity/non‑exclusivity, and temporal proximity.
Q: Are outliers excluded?
A: Yes — extreme multiples are generally excluded or down‑weighted, with rationale disclosed.
Q: How long does a comps exercise take?
A: Depending on sector and data availability, typically 3–7 business days.
Q: What deliverables do you provide?
A: Comp tables, sensitivity matrices, applied valuation ranges, narrative context, and presentation slides or report sections.
Call to Action
Need benchmark‑based, market‑validated valuation support?
Synpact Consulting provides robust public comps and deal comps analysis to complement your valuation toolkit and enhance deal credibility.
Contact: [email protected] to request samples or initiate a comps mandate.