Work out comparable company valuation instantly with clear inputs, formula shown and shareable results.
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.
Enterprise value
EV = EBITDA x Peer multiple x (1 - Discount %)
Equity value
Equity = Enterprise value - Net debt
Indicative comparable-company estimate. Real valuations require adjusted EBITDA, normalised working capital, a full debt bridge and diligence. Not investment advice.
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.
Companies matched on growth, margin and end market — not just industry code. Three well-matched comparables beat twenty loose ones.