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Intermediate ~16 hours

Comparable Companies Analysis

Build a trading comparables analysis — pick the peers, normalize for one-time items, defend the multiples.

ExcelCapIQ / Bloomberg / Yahoo FinanceSEC filings

About this project

Comps is the second-most-common valuation method and where most analyst-interview takehomes live. This project teaches peer selection (the hardest part), normalization (one-time items, accounting differences), and the multiples discipline (EV/EBITDA vs P/E vs EV/Revenue). Pick a target company and 5-7 peers; produce the analysis.

Why build this in 2026?

Comps work has been less automated than DCFs — peer selection is judgement, not formula. Strong comps differentiate analyst candidates.

What you'll ship

  • Excel comps file
Peer-selection justification
Normalized financials for all peers
Implied valuation range for the target

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Skills you'll practice

valuationfinancial statementsexcel