Beyond Multiples: Mastering DCF and Intrinsic Valuation

Imagine you have completed your relative valuation for a leading FMCG player listed on the NSE. Your trading multiples suggest the stock is fairly priced compared to its historical average, yet your internal analysis of...

Mastering Peer Group Selection in Relative Valuation

Imagine you are tasked with valuing a mid-sized Indian specialty chemical manufacturer. You begin by filtering the BSE database, but you immediately face a dilemma: do you include large-cap commodity players with diverse...