SmartHelping / Business Valuation / Excel
EBITDA Multiple Business Valuation Template
Estimate enterprise and equity value using up to five years of historical operating results. Choose the weight assigned to each year's EBITDA, apply a valuation multiple, and account for redundant assets and liabilities.
Use the included multiple sensitivity analysis to compare valuation outcomes, with clearly marked input cells and a straightforward calculation flow.
Immediate download after purchase. By purchasing, you agree to the Terms of Service.
Template walkthrough
Explore the inputs behind the valuation.
Watch the overview and browse the screenshots to see how historical results, annual weightings, and the EBITDA multiple flow into the value estimate.
Valuation features
Make the earnings base and valuation assumptions clear.
Use data from the business's financial statements and your selected assumptions to develop an EBITDA-based value estimate.
Up to five years of operating history
Consider up to five years of historical activity when establishing the EBITDA base used in the valuation.
Adjustable annual EBITDA weights
Assign your own weight to each year's EBITDA to reflect how representative you consider that period's results.
Enterprise value calculation
Apply the selected EBITDA multiple to the weighted historical EBITDA base to estimate enterprise value.
Equity value adjustments
Move from enterprise value to equity value by adding redundant assets and subtracting bank loans or other third-party liabilities that need to be paid.
EBITDA multiple sensitivity
Review how the valuation changes across different EBITDA multiples using the included sensitivity analysis.
Clearly identified inputs
Editable cells use blue text and yellow shading, making it easier to identify where to enter financial information and assumptions.
From earnings to ownership value
Follow the calculation from weighted EBITDA to equity value.
Enterprise value = weighted historical EBITDA × selected EBITDA multiple. The annual weights determine how much each period contributes to the earnings base used in this calculation.
Equity value = enterprise value + redundant assets − applicable debt and third-party liabilities. The template includes these adjustments to move from the operating business value to the modeled equity value.
The annual weights and multiple are judgment-based inputs. Use the sensitivity analysis to examine the effect of different multiples and review whether the historical earnings base is representative of the business you are evaluating.
How to use the template
Build the estimate from historical financial information.
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Enter the historical results
Gather the relevant financial statement data for up to five years and enter it in the blue-text, yellow-shaded input cells.
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Choose the annual weightings
Set the weight for each year's EBITDA and review the resulting earnings base used for valuation.
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Set the multiple and equity adjustments
Enter the EBITDA multiple, redundant assets, and bank loans or other relevant third-party liabilities.
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Review values and sensitivity
Check enterprise and equity value, then review the multiple sensitivity analysis to compare valuation outcomes.
Included in the valuation bundle
Explore more valuation methods in one collection.
This EBITDA Multiple Business Valuation template is included in the Valuation and DCF Analysis Bundle.
Valuation and DCF Analysis Bundle
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View template details →Common questions
Before you build your EBITDA valuation.
How many years of historical results can I use?
The template supports up to five years of historical operating activity.
Can I give different years different weights?
Yes. You choose the weighting for each year's EBITDA, allowing the valuation base to reflect your view of how representative each period is.
Does the template calculate enterprise and equity value?
Yes. It estimates enterprise value from weighted EBITDA and the selected multiple, then adjusts for redundant assets, bank loans, and applicable third-party liabilities to calculate equity value.
Can I compare different EBITDA multiples?
Yes. The included sensitivity analysis shows how different EBITDA multiples affect the valuation.
Which cells should I edit?
Editable inputs are marked with blue text and yellow shading.
How should I interpret the valuation result?
The output is a basic value estimate based on the historical information, annual weightings, multiple, and asset and liability adjustments you enter. The selected weights and multiple require judgment, and an agreed transaction price can depend on additional factors.
When can I download the template?
The Excel template is available to download immediately after purchase. It is also included in the Valuation Spreadsheets Bundle linked above.
Make the valuation assumptions visible
Connect historical EBITDA with enterprise and equity value.
Compare the effect of your annual weightings, valuation multiple, and equity adjustments. Need a tailored model? Contact Jason.
Disclaimer: I am not a financial advisor nor hold any license as a Certified Valuation Analyst. This is just my way of helping individuals see what they might get from their business at a basic level. I am not to be held liable for any financial gain/loss that comes with the use of this valuation template in Excel.
