{"id":20848,"date":"2019-10-02T19:06:18","date_gmt":"2019-10-03T00:06:18","guid":{"rendered":"https:\/\/breakingintowallstreet.com\/biws\/?post_type=biws_kb&#038;p=20848"},"modified":"2024-08-14T06:39:08","modified_gmt":"2024-08-14T11:39:08","slug":"football-field-valuation","status":"publish","type":"biws_kb","link":"https:\/\/breakingintowallstreet.com\/kb\/excel\/football-field-valuation\/","title":{"rendered":"Football Field Valuation Chart with Dynamic Share Price Line [Tutorial Video] (16:54)"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-flat ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Football Field Valuation Chart with Dynamic Share Price Line<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/breakingintowallstreet.com\/kb\/excel\/football-field-valuation\/#How_to_Make_a_Football_Field_Valuation_Chart_Part_1_The_Basic_Chart\">How to Make a Football Field Valuation Chart, Part 1: The Basic Chart<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/breakingintowallstreet.com\/kb\/excel\/football-field-valuation\/#How_to_Make_a_Football_Field_Valuation_Chart_Part_2_The_Dynamic_Share-Price_Line\">How to Make a Football Field Valuation Chart, Part 2: The Dynamic Share-Price Line<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/breakingintowallstreet.com\/kb\/excel\/football-field-valuation\/#Real-Life_Graphing_and_Valuation\">Real-Life Graphing and Valuation<\/a><\/li><\/ul><\/nav><\/div>\n\n<style>.enteremail__large--inline{margin:60px auto!important}<\/style>\n<p>A <strong>football field valuation template<\/strong> lets you quickly see a company\u2019s valuation across different methodologies, such as <a href=\"https:\/\/breakingintowallstreet.com\/kb\/valuation\/comparable-company-analysis-cca\/\" target=\"_blank\" rel=\"noopener noreferrer\">Comparable Company Analysis<\/a>, Precedent Transactions, and the DCF.<\/p>\n<p>The overall results matter more than any single number or method, so it\u2019s useful to get a view of everything at once.<\/p>\n<p>If the company looks overvalued across all ranges across all methodologies, it probably is\u2026 and vice versa if it looks undervalued.<\/p>\n<p>Here&#8217;s what a sample football field valuation graph looks like for Walmart:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-21937 size-large\" title=\"Walmart - Football Field Valuation Graph\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075601\/Football-Field-Valuation-01-1024x392.jpg\" alt=\"Walmart - Football Field Valuation Graph\" width=\"1024\" height=\"392\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075601\/Football-Field-Valuation-01-1024x392.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075601\/Football-Field-Valuation-01-300x115.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075601\/Football-Field-Valuation-01-768x294.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075601\/Football-Field-Valuation-01-1536x588.jpg 1536w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075601\/Football-Field-Valuation-01.jpg 1597w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>The basic setup is not complicated and requires just a Stacked Bar Chart or a High-Low-Close Stock Chart.<\/p>\n<p>You can find many templates online, but they all tend to have a few problems:<\/p>\n<p>First, most templates show the bars <strong>vertically<\/strong> rather than horizontally \u2013 that\u2019s easier to set up, but less flexible.<\/p>\n<p>Second, most templates do not support <strong>percentile ranges<\/strong> from different methodologies, such as the 25th, median, and 75th percentiles \u2013 but that\u2019s what all banks do in real life.<\/p>\n<p>Third, most templates do not include support for a <strong>dynamic share price line<\/strong> that updates on the graph when the company\u2019s current share price range.<\/p>\n<p>Our template fixes all these issues and makes the graph more dynamic so you don\u2019t have to update lines or bars manually.<\/p>\n<div class='code-block code-block-4' style='margin: 8px 0; clear: both;'>\n<div class=\"kb-adinsert-modal\">\n    <div class=\"kb-adinsert-top\">\n      <div class=\"media\">\n          <img decoding=\"async\" class=\"alignnone size-full wp-image-28448\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2024\/05\/07054849\/Excel-VBA-Ico.png\" alt=\"Excel & VBA\" width=\"128\" height=\"128\" \/>\n      <\/div>\n      <div class=\"content\">\n          <h3>Learn Excel Shortcuts, Formulas, Graphs, Data, and VBA for Automation<\/h3>\n      <\/div>\n    <\/div>\n    \n    <div class=\"full_text\">\n    \t<ul>\n        \t<li>\n            \t<h4>Become a shortcut, formula & formatting machine<\/h4>\n              <p>Excel will be your \u201cnative language\u201d after you finish this course<\/p>\n\t\t\t    <\/li>\n          <li>\n          \t<h4>Learn the skills with dozens of practice exercises<\/h4>\n            <p>Learn by doing and check your work against the solutions<\/p>\n\t\t\t    <\/li>\n          <li>\n          \t<h4>Shave hours off your workday with VBA and macros<\/h4>\n            <p>Automate repetitive tasks, format spreadsheets quickly, and more\n\n<\/p>\n\t\t\t  <\/li>\n      <\/ul>\n        \n      <a class=\"cta-link orange-button-medium\" href=\"https:\/\/breakingintowallstreet.com\/excel-vba\/\" target=\"_blank\">Full Details<\/a>\n      \n      <a class=\"cta-link orange-button-medium bg-blue\" href=\"https:\/\/biws-support.s3.us-east-1.amazonaws.com\/Course-Outlines\/Excel-VBA-Course-Outline.pdf\" target=\"_blank\" rel=\"noopener\">Short Outline<\/a>\n    <\/div>\n<\/div>\n<\/div>\n\n<h2><span class=\"ez-toc-section\" id=\"How_to_Make_a_Football_Field_Valuation_Chart_Part_1_The_Basic_Chart\"><\/span>How to Make a Football Field Valuation Chart, Part 1: The Basic Chart<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Step 1.1:<\/strong> First, assemble the output of each valuation methodology across all the percentiles, which you can do with the TRANSPOSE function and a basic Equity Value to Enterprise Value bridge:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-21938 size-large\" title=\"Valuation Methodologies - Multiples\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-02-1024x456.jpg\" alt=\"Valuation Methodologies - Multiples\" width=\"1024\" height=\"456\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-02-1024x456.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-02-300x133.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-02-768x342.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-02.jpg 1342w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>Then, you need to display these in <em>reverse order<\/em> for the graph, which you can do with direct links or with an INDEX\/MATCH combination to reverse the order.<\/p>\n<p>We normally do this on a separate \u201cValGraph\u201d sheet.<\/p>\n<p><strong>Step 1.2:<\/strong> Next, calculate the \u201cdistance\u201d between each point, starting with the 25<sup>th<\/sup> Percentile Values minus the Minimum Values; these distances will be the segments in the chart:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-21939 size-large\" title=\"Valuation Points - Distances\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-03-1024x344.jpg\" alt=\"Valuation Points - Distances\" width=\"1024\" height=\"344\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-03-1024x344.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-03-300x101.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-03-768x258.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075600\/Football-Field-Valuation-03.jpg 1326w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><strong>Step 1.3:<\/strong> Then, select the data on the right (from \u201cMin Point\u201d to \u201cMax Point\u201d) and go to the Insert tab and then \u201cStacked Bar Chart\u201d:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-21940 size-full\" title=\"Stacked Bar Chart - Football Field Valuation\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075559\/Football-Field-Valuation-04.jpg\" alt=\"Stacked Bar Chart - Football Field Valuation\" width=\"806\" height=\"376\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075559\/Football-Field-Valuation-04.jpg 806w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075559\/Football-Field-Valuation-04-300x140.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075559\/Football-Field-Valuation-04-768x358.jpg 768w\" sizes=\"(max-width: 806px) 100vw, 806px\" \/><\/p>\n<p><strong>Step 1.4:<\/strong> Right-click this new graph, go to Select Data and then Edit Horizontal Axis Labels, and link to the labels for the methodologies on the left-hand side:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-21941 size-full\" title=\"Football Field Valuation - Valuation Labels\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075559\/Football-Field-Valuation-05.jpg\" alt=\"Football Field Valuation - Valuation Labels\" width=\"595\" height=\"315\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075559\/Football-Field-Valuation-05.jpg 595w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075559\/Football-Field-Valuation-05-300x159.jpg 300w\" sizes=\"(max-width: 595px) 100vw, 595px\" \/><\/p>\n<p>The graph will now look like this:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-21942 size-large\" title=\"Unformatted Football Field Valuation Chart\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075558\/Football-Field-Valuation-06-1024x527.jpg\" alt=\"Unformatted Football Field Valuation Chart\" width=\"1024\" height=\"527\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075558\/Football-Field-Valuation-06-1024x527.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075558\/Football-Field-Valuation-06-300x154.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075558\/Football-Field-Valuation-06-768x395.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075558\/Football-Field-Valuation-06.jpg 1205w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>To get an extra space at the top of the graph, you can manually extend the data range to row 51 rather than row 50:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-21943 size-full\" title=\"Valuation Chart - Data Range\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075558\/Football-Field-Valuation-07.jpg\" alt=\"Valuation Chart - Data Range\" width=\"803\" height=\"242\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075558\/Football-Field-Valuation-07.jpg 803w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075558\/Football-Field-Valuation-07-300x90.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075558\/Football-Field-Valuation-07-768x231.jpg 768w\" sizes=\"(max-width: 803px) 100vw, 803px\" \/><\/p>\n<p><strong>Step 1.5:<\/strong> Now, you can format the football field valuation, add labels, change the colors and fonts, add axis titles, and hide the bars you don\u2019t want to see. For example, you often show only the 25<sup>th<\/sup> percentile to 75<sup>th<\/sup> percentile and hide the rest:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-21944 size-large\" title=\"Football Field Valuation - Hiding Percentiles\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075557\/Football-Field-Valuation-08-1024x383.jpg\" alt=\"Football Field Valuation - Hiding Percentiles\" width=\"1024\" height=\"383\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075557\/Football-Field-Valuation-08-1024x383.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075557\/Football-Field-Valuation-08-300x112.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075557\/Football-Field-Valuation-08-768x287.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075557\/Football-Field-Valuation-08-1536x574.jpg 1536w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075557\/Football-Field-Valuation-08.jpg 1714w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>Here\u2019s the graph after changing the fonts, borders, and legend, and adding labels for each set of methodologies:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-21945 size-large\" title=\"Walmart - Partial Football Field Valuation Graph\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-09-1024x398.jpg\" alt=\"Walmart - Partial Football Field Valuation Graph\" width=\"1024\" height=\"398\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-09-1024x398.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-09-300x117.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-09-768x299.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-09-1536x597.jpg 1536w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-09.jpg 1590w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Make_a_Football_Field_Valuation_Chart_Part_2_The_Dynamic_Share-Price_Line\"><\/span>How to Make a Football Field Valuation Chart, Part 2: The Dynamic Share-Price Line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Part 2 of the football field valuation chart involves adding the company\u2019s Current Share Price as a vertical line, which is much harder than it sounds:<\/p>\n<p><strong>Step 2.1:<\/strong> Create a \u201cdummy series\u201d for the Current Share Price under the main data area, and link to the Current Share Price in the Min to Max columns and then a dummy number, such as 1,000, followed by 0\u2019s:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-21946\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-10-1024x364.jpg\" alt=\"Valuation - Dummy Series\" width=\"1024\" height=\"364\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-10-1024x364.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-10-300x107.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-10-768x273.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075556\/Football-Field-Valuation-10.jpg 1289w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><strong>Step 2.2:<\/strong> Right-click the graph, go to Select Data, and then go to \u201cAdd\u201d under Legend Entries (Series) and use \u201cCurrent Share Price\u201d for the Series Name and the dummy series for the Series Values:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-21947\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075555\/Football-Field-Valuation-11.jpg\" alt=\"Adding a Series to the Valuation Chart\" width=\"960\" height=\"498\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075555\/Football-Field-Valuation-11.jpg 960w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075555\/Football-Field-Valuation-11-300x156.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075555\/Football-Field-Valuation-11-768x398.jpg 768w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/p>\n<p><strong>Step 2.3:<\/strong> Now, left-click this new bar on the graph and <em>manually change the Series Formula<\/em> in the formula bar so that it has both X and Y values. This is the <strong>trick:<\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-21948\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-12-1024x502.jpg\" alt=\"Valuation Chart - Changing the Series Formula\" width=\"1024\" height=\"502\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-12-1024x502.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-12-300x147.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-12-768x376.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-12.jpg 1414w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>The new formula should look like this:<\/p>\n<p>=SERIES(ValGraph!$B$52, ValGraph!$I$52:$M$52, ValGraph!$N$52:$R$52,1)<\/p>\n<p>Once you make this change, your graph will look completely wrong \u2013 temporarily:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-21949\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-13-1024x504.jpg\" alt=\"Incorrect Valuation Graph\" width=\"1024\" height=\"504\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-13-1024x504.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-13-300x148.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-13-768x378.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075554\/Football-Field-Valuation-13.jpg 1472w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><strong>Step 2.4:<\/strong> Right-click the Current Share Price bar in the football field valuation, go to Change Series Chart Type, and select \u201cScatter with Smooth Lines and Markers.\u201d The Secondary Axis box will be checked automatically:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-21950\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075553\/Football-Field-Valuation-14-1024x493.jpg\" alt=\"Valuation Chart - Scatter Plot\" width=\"1024\" height=\"493\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075553\/Football-Field-Valuation-14-1024x493.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075553\/Football-Field-Valuation-14-300x144.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075553\/Football-Field-Valuation-14-768x370.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075553\/Football-Field-Valuation-14.jpg 1452w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>You\u2019ll now see a vertical line at the position of the company\u2019s Current Share Price in the graph.<\/p>\n<p><strong>Step 2.5:<\/strong> Right-click the graph, go to Select Data, and for the first \u201cblank\u201d series, change the Horizontal Axis Labels to the names on the left-hand side, and click OK:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-21951\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075552\/Football-Field-Valuation-15.jpg\" alt=\"Valuation - Horizontal Axis Labels\" width=\"925\" height=\"406\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075552\/Football-Field-Valuation-15.jpg 925w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075552\/Football-Field-Valuation-15-300x132.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075552\/Football-Field-Valuation-15-768x337.jpg 768w\" sizes=\"(max-width: 925px) 100vw, 925px\" \/><\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-21952\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075552\/Football-Field-Valuation-16.jpg\" alt=\"Horizontal Axis Labels\" width=\"798\" height=\"717\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075552\/Football-Field-Valuation-16.jpg 798w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075552\/Football-Field-Valuation-16-300x270.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075552\/Football-Field-Valuation-16-768x690.jpg 768w\" sizes=\"(max-width: 798px) 100vw, 798px\" \/><\/p>\n<p><strong>Step 2.6:<\/strong> Right-click the Secondary Vertical Axis, go to Format Axis, and change the Min to 0 and Max to 1,000:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-21953\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075551\/Football-Field-Valuation-17-1024x481.jpg\" alt=\"Valuation Chart - Secondary Vertical Axis\" width=\"1024\" height=\"481\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075551\/Football-Field-Valuation-17-1024x481.jpg 1024w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075551\/Football-Field-Valuation-17-300x141.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075551\/Football-Field-Valuation-17-768x361.jpg 768w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075551\/Football-Field-Valuation-17.jpg 1339w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>You can also remove the labels for this Secondary Vertical Axis.<\/p>\n<p><strong>Step 2.7:<\/strong> Now, you can change the color and any other formatting for the Share Price line:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-21954\" src=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075551\/Football-Field-Valuation-18.jpg\" alt=\"Share Price Line Formatting\" width=\"859\" height=\"643\" srcset=\"https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075551\/Football-Field-Valuation-18.jpg 859w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075551\/Football-Field-Valuation-18-300x225.jpg 300w, https:\/\/biwsuploads-assest.s3.amazonaws.com\/biws\/wp-content\/uploads\/2019\/10\/19075551\/Football-Field-Valuation-18-768x575.jpg 768w\" sizes=\"(max-width: 859px) 100vw, 859px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Real-Life_Graphing_and_Valuation\"><\/span><strong>Real-Life Graphing and Valuation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In real life, you don\u2019t have to complete this series of steps to create and format football field charts: you take a template from an existing file and modify the graph as necessary.<\/p>\n<p>We presented this set of steps to illustrate some of the problems that come up when you create complex graph types that are <em>not<\/em> built into Excel.<\/p>\n<p>Learn more about <a href=\"https:\/\/mergersandinquisitions.com\/investment-banking-pitch-books\/\" target=\"_blank\" rel=\"noopener\">Investment Banking Pitch Books<\/a> here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this tutorial, you\u2019ll learn how to create a flexible football field valuation template in Excel, including a line for the company\u2019s current share price that updates automatically when the share price changes \u2013 which is missing from most templates you\u2019ll find.<\/p>\n","protected":false},"featured_media":21890,"template":"","class_list":["post-20848","biws_kb","type-biws_kb","status-publish","has-post-thumbnail","hentry","kb_category-excel"],"acf":[],"_links":{"self":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/biws_kb\/20848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/biws_kb"}],"about":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/types\/biws_kb"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/media\/21890"}],"wp:attachment":[{"href":"https:\/\/breakingintowallstreet.com\/wp-json\/wp\/v2\/media?parent=20848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}