ASU 2021-07, 'Stock Compensation - Determining the Current Price of an Underlying Share for Equity-Classified Share-Based Awards', provides a practical expedient for non-public companies in determining the fair value of equity classified awards. This practical expedient describes various factors which should be considered in determining a reasonable valuation, including all of the following, EXCEPT: a. The intrinsic value of equity transactions in comparable companies. b. The market value of stock in companies that have similar businesses. c. The present value of future cash flows of the company. d. The fair value of the intangible and tangible assets