Valuing IPO’s using EV/EBITDA multiple in the Brazilian market
This paper verified whether the EV / EBITDA multiple of comparable firms (belonging to the same industry) are good parameters for pricing firms in their initial public offering (IPO’s). There were 116 IPO’s in the Brazilian market between 2004 and 2014. After the exclusions (financial firms, firms w...
Main Authors: | , , |
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Format: | Article |
Language: | Portuguese |
Published: |
Universidade Federal de Santa Catarina
2018-12-01
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Series: | Revista Contemporânea de Contabilidade |
Subjects: | |
Online Access: | https://periodicos.ufsc.br/index.php/contabilidade/article/view/52956 |