The comparables method is one of the most commonly used approaches for estimating a company’s value, especially for well-established companies. This approach involves estimating the value of a company by comparing it with other similar companies, based primarily on their profitability.
Although the best comparison is the multiple at which a similar company has recently sold, publicly listed companies, whose financial data is publicly available, offer an interesting point of reference for establishing valuation multiples for SMEs. The multiples observed on the stock market are generally adjusted downwards to take account of differences in size, increased operational risk and the lower liquidity of SME shares compared with listed companies.
Discover the multiples by business sector that we have compiled below as at March 31, 2025.
