2.2.5 PRIVATE_EQUITY_COMPARABLE

Description: Perform a comparable computation for private equity. This involves finding datapoints which have similar PECCS classifications and factor values (the comparables dataset) and averaging the metric values.

Method: POST

Path: /compute-service/pe-comparables/average/by/pe-profiles

Parameters:

metric (string, required):
The metric for which the comparable has to be evaluated. Options include: "priceToSales", "priceToEbitda", "priceToBook", "priceToEarnings", "evToSales", "evToEbitda", "totalReturns", "ebitdaToSales", "ebitToSales", "netIncomeToSales", "netDebtToAssets", "revenueGrowth", "dividendOverRevenue", "returnOnAssets", "returnOnEquity", "returnOnCapitalEmployed", "netOperatingIncome", "netDebtToEquity".
currency (string, optional):
The currency of monetary factor inputs, such as size. Possible values include 'USD', 'EUR', 'GBP'.
age (int, optional):
The age of the company in months. The comparable computation will keep companies within 6 months of this value. If age is set, endDate and windowInYears will be ignored.
startDate (string, date format, required):
The starting date for the comparable dataset.
endDate (string, date format, required):
The maximum date of the comparable dataset.
windowInYears (int, optional):
The window in years of the comparable dataset. The minimum date of the dataset is calculated as endDate - windowInYears.
peccsCountryProfile (object, optional):
Specifies the PECCS profile based on various attributes:
- industrialActivities (array of strings):
  Comma-separated list of industrial activity PECCS codes. Possible values include "AC01", "AC02", etc.
- revenueModel (array of strings):
  Comma-separated list of revenue model PECCS codes. Possible values include "RM01", "RM02", etc.
- customerModel (array of strings):
  Comma-separated list of customer model PECCS codes. Possible values include "CM01", "CM02", etc.
- lifecycleModel (array of strings):
  Comma-separated list of lifecycle phase PECCS codes. Possible values include "LP01", "LP02", etc.
- valueChain (array of strings):
  Comma-separated list of value chain type PECCS codes. Possible values include "VC01", "VC02", etc.
- countries (array of strings):
  Range of countries as three-letter ISO codes. Possible values can be obtained by calling countries.
factorsProfiles (array of objects, optional):
Specifies profiles based on various financial factors:
- factorName (string, required):
  Name of the factor. Possible values include "Size", "Growth", "Profits", "Leverage", "TermSpread".
- quintile (int, optional):
  Quintile value for the factor, ranging from 1 to 5.
- countries (array of strings, optional):
  Range of countries as three-letter ISO codes, applicable for "TermSpread" factor.
universe (string, optional):
Specifies the market universe. Possible values are "PEU" for private equity universe and "MIU" for market index universe.
factorWeight (float, optional):
A decimal value between 0 and 1. At the extremes, 1 indicates that comparables are purely based on factors, while 0 indicates that comparables are purely based on PECCS. Values between 0 and 1 create a weighted average between the two.
operation (string, optional):
Determines how to aggregate the comparables dataset. Default is "mean". Other options include "mean", "median", "datumCount", "companyCount", "p25", "p75", "min", "max", "vol", "var97_5", "var99". Note: "vol", "var97_5", and "var99" are only applicable for the "totalReturns" metric.
intersect_peccs (boolean, optional):
Indicates whether to intersect or union the PECCS filters in the calculation. Default is true.

Request Body

CODE

{
    "metric": "PriceToSales",
    "startDate": "2022-07-31",
    "endDate": "2024-07-31",
    "age": null,
    "peccsCountryProfile": {
        "industrialActivities": [
            "01"
        ],
        "revenueModel": [
            "02"
        ],
        "customerModel": [
            "01"
        ],
        "lifecycleModel": [
            "02"
        ],
        "valueChain": [
            "03"
        ],
        "countries": [
            "ITA",
            "PRT",
            "ESP",
            "POL",
            "SVK",
            "DNK",
            "FIN",
            "IRL",
            "NOR",
            "SWE",
            "GBR",
            "AUT",
            "FRA",
            "DEU",
            "NLD"
        ]
    },
    "factorsProfiles": [
        {
            "factorName": "Size",
            "quintile": 1
        },
        {
            "factorName": "Growth",
            "quintile": 1
        },
        {
            "factorName": "Profits",
            "quintile": 1
        },
        {
            "factorName": "Leverage",
            "quintile": 1
        },
        {
            "factorName": "TermSpread",
            "countries": [
                "ITA",
                "PRT",
                "ESP",
                "POL",
                "SVK",
                "DNK",
                "FIN",
                "IRL",
                "NOR",
                "SWE",
                "GBR",
                "AUT",
                "FRA",
                "DEU",
                "NLD"
            ]
        }
    ],
    "universe": "PEU",
    "factorWeight": "1",
    "operation": "mean"
}

Response

CODE

{
    "data": {
        "results": 2.0672512633844677
    }
}