Business valuation is an educated guess at what an ... Comparable analysis may not seem as scientific as a full-blown DCF spreadsheet, but for many investors it is a more useful analysis.

Stafford, Erik, and Joel L. Heilprin. "Valuation of AirThread Connections, Spreadsheet Supplement (Brief Case)." Harvard Business School Spreadsheet Supplement 114-267, March 2011.

Luehrman, Timothy A., and James Quinn. "Groupe Ariel S.A.: Parity Conditions and Cross-Border Valuation, Faculty Spreadsheet (Brief Case)." Harvard Business School Spreadsheet Supplement 104-198, ...