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Comparable Company Valuation Calculator

Work out comparable company valuation instantly with clear inputs, formula shown and shareable results.

About Comparable Company Valuation Calculator

Trading comparables value the enterprise, so you must bridge to equity by deducting net debt. Private companies also attract a discount to quoted peers for illiquidity and size, commonly 15-30%, which is applied to enterprise value before the debt bridge.

Formulas

Enterprise value

EV = EBITDA x Peer multiple x (1 - Discount %)

Equity value

Equity = Enterprise value - Net debt

Worked example

With the default values below, Comparable Company Valuation Calculator returns Equity value of $13,120,000.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

EBITDA
2,400,000
Peer EV/EBITDA multiple
8.5
Net debt
3,200,000
Illiquidity or size discount
20

Results

Equity value
$13,120,000.00
Enterprise value after discount
$16,320,000.00
Enterprise value at peer multiple
$20,400,000.00
Implied equity value / EBITDA
5.47

Step by step

  1. 1Values used
  2. 2Enterprise value
  3. 3Equity value
  4. 4Equity value= 13,120,000.00
  5. 5Enterprise value after discount= 16,320,000.00
  6. 6Enterprise value at peer multiple= 20,400,000.00
  7. 7Implied equity value / EBITDA= 5.47

Assumptions and limits

  • The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
  • In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
  • Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
  • Indicative comparable-company estimate. Real valuations require adjusted EBITDA, normalised working capital, a full debt bridge and diligence. Not investment advice.
  • This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Indicative comparable-company estimate. Real valuations require adjusted EBITDA, normalised working capital, a full debt bridge and diligence. Not investment advice.

Frequently Asked Questions

Why deduct net debt?

Because an EV/EBITDA multiple values the whole capital structure. Debt holders are paid before shareholders, so their claim comes out to reach equity value.

Which peers should I use?

Companies matched on growth, margin and end market — not just industry code. Three well-matched comparables beat twenty loose ones.

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