Size Premium
An addition to the cost of equity for smaller companies, on the argument that they carry risks a beta measured against a large-cap index does not capture. Decile figures are published and widely used in valuation practice. The counter-argument, which you should know, is that the effect largely disappeared after the early 1980s and that adding one often double-counts risk already in the beta.
Keep reading
DCF interview questions guideRelated Valuation terms
Go further than reading
The written material is free. These are the ways to get it applied to your own work.
CV Review by a Human
Written margin-note feedback on structure, impact bullets and ATS-readability. Reviewed by Suro, not an AI score.
$25 48h turnaround
Cover Letter Review by a Human
Line-by-line review of argument, tailoring and tone, with a rewritten opening as a worked example.
$50 48h turnaround
L3VLUP Pro
The subscription: personalised alerts, Apply Packs, every answer marked, full history and the whole research library.
$25 /month
Browse the full glossary — 340 finance recruiting and technical terms, in plain English.