Is there a minimum number of data points for Deal Characteristics to produce means and medians?
Answer
For Deal Characteristics, a minimum of 20 data points is required to produce a meaningful mean and median.
There is not necessarily a minimum company count, and these data points are pulled from the selections previously made in terms of Deal Profile and from the specified Valuation Time frame.
Further Reading
To understand our approach behind the Comps Builder Tool, you can watch our webinar from 2023: Why it matters to have good data to use comparables.