Blockage / DLOM Analysis

Local Version 2026.04.11-local-final

Browser-based blockage discount analysis using quarter, market value, GICS filter, block size, and peer-group volatility and half-life summaries.

Signed in as

Development User

Exchange

Year

Quarter

Subject firm market value

GICS scope

GICS code

Start by creating the selected reference cohort from the exchange, quarter, market value, and GICS inputs above.

Discount Workflow

Run blockage and transfer-restriction analysis.

Use only the inputs that affect the DLOM models. The peer-matching fields stay shared above, while this panel focuses on block size and restriction horizon. When you are ready, open the Mandelbaum workflow to compare private-company fundamentals against the matched decile medians.

Block size %

Restriction months

Fundamentals Workflow

Compare the subject company against Mandelbaum peer fundamentals.

Quantitative subject fundamentals flow in from the shared benchmark overlay. This screen stays focused on Mandelbaum-specific qualitative scoring while peer medians fill any missing quantitative values behind the scenes.

Open the Mandelbaum workflow to sync carried subject fundamentals and peer-median defaults for the current peer set.

Enter subject-company performance inputs below. The app calculates comparable ratios and compares them with peer Q1 / median / Q3 from the matched reference portfolio. Means are not shown because outliers can distort them.

Total Revenue

EBITDA / EBITDA TTM

Net Income

Total Assets

Total Liabilities

Total Debt

Book Equity / Stockholders' Equity

Management Quality

Depth of Management

Quality of Financial Reporting

Customer Concentration

Competitive Position

Qualitative scores are analyst-entered on a 1-9 scale, with 5 representing the peer-group median baseline.

Analysis Snapshot

Run a classification to generate a discount view.

WeÃ¢â‚¬â„¢ll summarize the subject firmÃ¢â‚¬â„¢s decile placement, peer-group context, and model outputs here once you run the analysis.

Median Margrabe

n/a

Median Asian Arithmetic

n/a

Median Longstaff

n/a

Peer Group

n/a

Analysis Details

Key facts about the quarter, peer bucket, horizon inputs, and restriction settings.

Peer Group Quartiles

Distribution summaries for the matched peer set used to support the discount models.

Measure	LQ	Median	UQ	Count	Source
Run a classification to see quartile summaries.

No Restriction Period

Discount matrices based on block half-life alone, before any transfer restriction period is added.

Margrabe Exchange Option Model Discount

3x3 view across block half-life and volatility quartiles.

Block HL	Vol LQ	Vol Median	Vol UQ
Provide a block size to populate the matrix.

Asian Arithmetic Average Model Discount

Alternative discount view under the same no-restriction horizon.

Block HL	Vol LQ	Vol Median	Vol UQ
Provide a block size to populate the matrix.

Look-Back Put Option Discount

Longstaff model outputs using the same block half-life quartiles.

Block HL	Vol LQ	Vol Median	Vol UQ
Provide a block size to populate the matrix.

With Restriction Period

Discount matrices after adding the transfer restriction period to the effective horizon.

Margrabe Exchange Option Model Discount

Effective horizon plus volatility quartiles.

Effective Horizon	Vol LQ	Vol Median	Vol UQ
Provide a block size to populate the matrix.

Asian Arithmetic Average Model Discount

Restriction-adjusted horizon under the Asian arithmetic framework.

Effective Horizon	Vol LQ	Vol Median	Vol UQ
Provide a block size to populate the matrix.

Look-Back Put Option Discount

Restriction-adjusted Longstaff outputs for the matched peer set.

Effective Horizon	Vol LQ	Vol Median	Vol UQ
Provide a block size to populate the matrix.

Peer Group Fundamentals

Run a classification to populate Mandelbaum factor views.

This screen summarizes the selected peer groupÃ¢â‚¬â„¢s operating, leverage, and balance-sheet fundamentals using the same matched cohort behind the blockage discount analysis.

Peer Group

n/a

Median ROE

n/a

Median ROA

n/a

Median Debt / Equity

n/a

Mandelbaum Factor Quartiles

Peer-group quartiles for profitability, leverage, scale, and balance-sheet fields commonly reviewed in restricted-stock analyses.

Measure	LQ	Median	UQ	Count
Run a classification to see Mandelbaum-related peer fundamentals.

Subject vs Peer Comparison

Compare subject-company inputs against the peer quartile range and median for all reported Mandelbaum factors with available peer data.

Measure	Subject	Peer LQ	Peer Median	Peer UQ	Signal
Enter subject fundamentals and run a classification to compare them with the selected peer group.

Qualitative Factor Scores

Subjective Mandelbaum factors entered by the analyst on a 1-9 scale, where 5 represents the peer-group median baseline.

Factor	Subject Score	Peer Median	Signal
Enter qualitative scores and run a classification to compare them against the median baseline.

Blockage / DLOM Analysis

Run blockage and transfer-restriction analysis.

Compare the subject company against Mandelbaum peer fundamentals.

Selected Reference Cohort

Run a classification to generate a discount view.

Analysis Outputs

Analysis Details

Peer Group Quartiles

No Restriction Period

Margrabe Exchange Option Model Discount

Asian Arithmetic Average Model Discount

Look-Back Put Option Discount

With Restriction Period

Margrabe Exchange Option Model Discount

Asian Arithmetic Average Model Discount

Look-Back Put Option Discount

Run a classification to populate Mandelbaum factor views.

Key Factor Signals

Mandelbaum Factor Quartiles

Subject vs Peer Comparison

Qualitative Factor Scores