Module II· Football Field & SensitivitiesBasic
Question

What is a Football Field, and what do you use it for?

Answer

Visualizes valuation ranges from several methods (DCF, trading comps, precedents, LBO) as horizontal bars on an EV or equity-value axis.

No single method gives 'the' answer: triangulation shows a plausible range.

  • Methods overlap → robust valuation
  • Divergence → question the methods' assumptions critically

4–6 methods + a 52-week trading range for public targets.