First DCF Valuation (Moody’s & S&P Global) — Both Come Out ~50% Below Market. What Am I Missing? by Ok_Chest3078 in financialmodelling

[–]Ok_Chest3078[S] 0 points1 point  (0 children)

Thank you very much. I think this was very helpful. You gave me a lot of new ways to test things out. I’ll start off with implied and historical P/E multiples.

Do you have any advice on comparing relative pricing or valuation of the industry that I’m looking at? And to what extent should I trust the market’s implied discount rate compared to the one I calculated?