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Valuation Triangulation

The discipline of valuing a business by THREE independent methods (typically DCF + comparable-company multiples + precedent transactions, or DCF + comps + sum-of-parts for conglomerates) and reporting the resulting range. A tight range from genuinely INDEPENDENT inputs is evidence of high-conviction valuation; a wide range honestly reports which assumptions are most contested; a tight range from SHARED inputs (the comp set used the same WACC as the DCF, or the analyst tuned methods to converge) is false convergence that double-counts one analytical view. The diagnostic move is the assumption-independence check before treating tightness as conviction.

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Related terms

Ambiguity Aversion · Anchored Assumption · Asset Beta · Bank ROE Spread · Banker Pitch Deck · Beta

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