CALC-04 · Sell

Indicative business value

Normalised EBITDA first, then a low / base / high value and the bridge to equity. Indicative, not a certified valuation.

Inputs

• Reported EBITDA (€)
• Documented add-backs (€)
• Missing recurring costs (€)
• Low multiple (×)
• Base multiple (×)
• High multiple (×)
• Debt and debt-like items (€)
• Eligible cash (€)

Outputs

• Normalised EBITDA
• EV — low
• EV — base
• EV — high
• Equity — base

Simulation — not a proposal, a valuation or a financing approval.