Hi, I'm doing a valuation of a firm that imports and exports and I want to know to which industry belong since the data I found on Damodaran's page does not have commerce or distributors as industries for US markets. thanks

Question

anonymous · Answer

I guess you can use the sector of the products you commercialize, because there has to be a great correlation between who manufactures and who commercializes it. The exchange rate risk you will be experiencing by doing exportations or importations, I think is better that you include/model it in the construction of your cash flow.