Original research, market analysis, and thought leadership in corporate finance, valuation methodology, and capital markets strategy.
A deep examination of common errors in WACC estimation and their material impact on valuation outcomes. We analyze 500+ DCF models to identify systematic biases and propose corrective frameworks.
How small changes in perpetuity growth assumptions can swing valuations by 30% or more.
Analysis of actual vs. projected synergies across industries reveals systematic overestimation patterns.
Understanding how rising rates affect credit markets and implications for capital structure decisions.
Essential principles for creating flexible, auditable financial models that stand up to scrutiny.
Our annual forecast for transaction activity across technology, healthcare, and industrials.
Empirical analysis of how analyst comp selection systematically influences valuation conclusions.
Research Paper • 42 pages • Updated January 2025
Research Paper • 38 pages • December 2024
Research Paper • 55 pages • November 2024