Not exact matches
First, it's great for investors to have an idea of what «multiple range» a company has traded at in the past — there's a lot of
value to this, and most relevant for cyclical firms (mainly industrials) that may, from a fundamental standpoint, exhibit similar (but not
identical) patterns with respect to both earnings and their PE through the course of each economy cycle: think Boeing (BA) and the commercial aerospace cycle; Ford (F) and consumer demand for auto
sales; or United Continental (UAL) with respect to premium air travel demand.
It usually covers up to the Kelley Blue Book
value of the motorcycle, which is an aggregate price of the
identical bike for
sale across thousands of dealerships in the U.S., rather than a claim limit that is a specific dollar amount.
Mr. O'Neil if we were to assume two
identical brokerages were for
sale, one a Franchise Brand user and the other an Independent (just like your brokerage), what
value would the Franchise Brand alone add to the appraised
value of the business?
In an ideal world we would be able to find recent
sales that require no
value adjustments because the homes are nearly
identical.