Investment research
What a football-field valuation shows, and why a range beats a single number
How the football-field chart used in investment banking works, what each bar means, and how NeuraCap builds one from public comparables, precedent transactions and consensus estimates with every figure sourced.
· 6 min read · Dawood Cheema
Key takeaways
- A football-field chart shows one bar per valuation method; where the bars overlap is the defensible range.
- The peer set decides the answer, so it must be built on business model and shown in full.
- Precedent deals capture control premiums but need normalizing; implausible multiples should be excluded, not winsorized.