Hearst-Argyle Television - Comparative Multiple Analysis

Hearst-Argyle Television (Comparative Multiple Analysis)

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Notes on the Comparative Multiple Analysis of Hearst-Argyle Television

WikiWealth compares Hearst-Argyle Television'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 Hearst-Argyle Television's comparative analysis.

Notes from the analysis:

1. WikiWealth uses quantitative measures to determine the multiple range for Hearst-Argyle Television.
2. Free cash flow to the firm (FCF) multiple is free cash flow to equity holders plus interest owed to Hearst-Argyle Television'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 Hearst-Argyle Television's Analysis


How does this work? The Comparative Investment Analysis determines the value of Hearst-Argyle Television by comparing Hearst-Argyle Television 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 Hearst-Argyle Television.

See the Hearst-Argyle Television cash flow (DCF) analysis for a completely different approach that's popular on Wall Street for determining the value of an investment in Hearst-Argyle Television.

Also, see the Hearst-Argyle Television's buffett intrinsic valuation analysis for WikiWealth's attempt to replicate the investing formula's used by Warren Buffett and Hearst-Argyle Television's valuation conclusion for a quick summary.