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    • Precision, consistency and bias in emerging equity markets 

      Nel, W. S.; Bruwer, B. W.; Le Roux, N. J. (International Foundation for Research & Development, 2014-05)
      The use of multiples is a popular approach employed by analysts to perform valuations. These multiples are based on optimal value drivers, the valuation performance of which should be underpinned by empirical findings from ...