First Horizon National - Comparative Multiple Analysis

First Horizon National (Comparative Multiple Analysis)

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Notes on the Comparative Multiple Analysis of First Horizon National

WikiWealth compares First Horizon National's revenue, EBITDA, and EBIT multiples to their peers in order to determine the appropriate fair valuation. Click in the top right corner to experiment with First Horizon National's comparative analysis.

Notes from the analysis:

1. WikiWealth uses quantitative measures to determine the multiple range for First Horizon National.
2. Free cash flow to the firm (FCF) multiple is free cash flow to equity holders plus interest owed to First Horizon National's debt holders.
3. Multiples incorporate benefits due to economies of scale; WikiWealth compares absolute enterprise value multiples to competitor's multiples.
4. WikiWealth excludes outliers when calculating individual company multiples.

Helpful Information for First Horizon National's Analysis


How does this work? The Comparative Investment Analysis determines the value of First Horizon National by comparing First Horizon National financial ratios, prices, growth rates, margins, etc. to those of relevant peer groups.

Value Investing Importance? This method is widely used by investment professionals to determine the correct price of investments, especially initial public offerings (IPOs). It is one element of WikiWealth's three Wall Street approaches used to determine the correct fair value of First Horizon National.

See the First Horizon National cash flow (DCF) analysis for a completely different approach that's popular on Wall Street for determining the value of an investment in First Horizon National.

Also, see the First Horizon National's buffett intrinsic valuation analysis for WikiWealth's attempt to replicate the investing formula's used by Warren Buffett and First Horizon National's valuation conclusion for a quick summary.