You can find in the table below the EBITDA multiples for the industries available on the Equidam platform. These are applied to compute the Terminal value in the DCF method with Multiple and the potential exit value in the VC method.

The data is based on the annual estimate provided by Prof. Aswath Damodaran of the New York University for 2017.

 

Industry	EBITDA Multiple
Advanced Medical Equipment & Technology	21.65
Advertising & Marketing	9.48
Aerospace & Defense	14.51
Agricultural Chemicals	12.88
Airlines	7.56
Airport Operators & Services	7.56
Aluminum	8.62
Apparel & Accessories	12.02
Apparel & Accessories Retailers	9.01
Appliances, Tools & Housewares	12.19
Auto & Truck Manufacturers	9.37
Auto Vehicles, Parts & Service Retailers	10.4
Auto, Truck & Motorcycle Parts	8.29
Banks*	21.47
Biotechnology & Medical Research	14.77
Brewers	16.53
Broadcasting**	10.21
Other Broadcasting	10.04
Cable Service Providers	10.73
Radio Broadcasting	10.04
Television Broadcasting	10.04
Business Support Services**	12.91
Other Business Support Services	12.98
Call Center Services	12.98
Cleaning Services	12.98
Commercial Educational Services	11.76
Corporate Accounting Services	12.98
Data Processing Services	12.98
Exhibition & Conference Services	12.98
Industrial Design Services	12.98
Industrial Equipment Rental	12.98
Legal Services	12.98
Maintenance & Repair Services	12.98
Management Consulting Services	12.98
Office Equipment & Supplies Rental	12.98
Pest Control Services	12.98
Security Services	12.98
Testing Laboratories	12.98
Transaction & Payment Services	12.98
Translation & Interpretation Services	12.98
Business Support Supplies (NEC)	9.12
Health, Safety & Fire Protection Equipment	9.12
Office Furniture	9.12
Office Supplies	9.12
Office Supplies Wholesale	9.12
Business Support Supplies	9.12
Casinos & Gaming	13.23
Closed End Funds	21.35
Coal	6.43
Commercial Printing Services	9.94
Commercial REITs	21.41
Commodity Chemicals	9.53
Communications & Networking	15.25
Computer & Electronics Retailers	9.01
Computer Hardware	9.45
Construction & Engineering	9.57
Construction Materials	10.93
Construction Supplies & Fixtures	11.85
Consumer Lending*	21.47
Consumer Publishing	9.94
Corporate Financial Services*	21.47
Courier, Postal, Air Freight & Land-based Logistics	10.63
Department Stores	9.72
Discount Stores	12.16
Distillers & Wineries	16.53
Diversified Chemicals	10.22
Diversified Industrial Goods Wholesalers	9.52
Diversified Investment Services	21.35
Diversified Mining	8.62
Diversified REITs	21.41
Drug Retailers	9.01
Electric Utilities	9.81
Electrical Components & Equipment	12.19
Electronic Equipment & Parts	12.19
Employment Services	12.98
Entertainment Production	11.7
Environmental Services & Equipment	13.38
Exchange-Traded Funds	21.35
Financial & Commodity Market Operators & Service Providers	22.54
Fishing & Farming**	12.94
Agricultural Biotechnology	13.07
Agricultural Consultancy Services	13.07
Agriculture Support Services	13.07
Animal Breeding	13.07
Animal Feed	13.07
Aquaculture	13.07
Cattle Farming	13.07
Coffee, Tea & Cocoa Farming	13.07
Commercial Fishing	13.07
Commercial Nurseries	13.07
Fishing & Farming (NEC)	13.07
Fishing & Farming Wholesale	10.43
Fur Farming	13.07
Grain (Crop) Production	13.07
Hog & Pig Farming	13.07
Organic Farming	13.07
Poultry Farming	13.07
Sheep & Specialty Livestock Farming	13.07
Sugarcane Farming	13.07
Vegetable, Fruit & Nut Farming	13.07
Food Processing	13.01
Food Retail & Distribution**	8.69
Beer, Wine & Liquor Stores	8.4
Food Markets	8.4
Other Food Retail & Distribution	8.4
Food Wholesale	10.43
Supermarkets & Convenience Stores	8.4
Tobacco Stores	8.4
Vending Machine Providers	8.4
Footwear	14.67
Forest & Wood Products	9.25
Gold	8.52
Ground Freight & Logistics	10.09
Healthcare Facilities & Services	11.25
Heavy Electrical Equipment	12.19
Heavy Machinery & Vehicles	14.23
Highways & Rail Tracks	10.81
Home Furnishings	11.95
Home Furnishings Retailers	12.64
Home Improvement Products & Services Retailers	12.64
Homebuilding	10.29
Hotels, Motels & Cruise Lines	13.23
Household Electronics	8.63
Household Products	16.24
Independent Power Producers	9.37
Industrial Conglomerates	9.52
Industrial Machinery & Equipment	14.23
Insurance Funds	21.35
Integrated Oil & Gas	7.16
Integrated Telecommunications Services	6.55
Investment Banking & Brokerage Services*	21.47
Investment Holding Companies	21.35
Investment Management & Fund Operators	21.35
Iron & Steel	7.42
IT Services & Consulting	12.15
Leisure & Recreation	12.91
Life & Health Insurance	9.43
Managed Healthcare	10.97
Marine Freight & Logistics	10.85
Marine Port Services	10.85
Medical Equipment, Supplies & Distribution	17.21
Mining Support Services & Equipment	8.62
Miscellaneous Specialty Retailers	9.01
Multiline Insurance & Brokers	9.91
Multiline Utilities	9.81
Mutual Funds	21.35
Natural Gas Utilities	9.81
Non-Alcoholic Beverages	16.08
Non-Gold Precious Metals & Minerals	8.52
Non-Paper Containers & Packaging	10.25
Office Equipment	9.12
Oil & Gas Drilling	9.52
Oil & Gas Exploration and Production	8.47
Oil & Gas Refining and Marketing	13.45
Oil & Gas Transportation Services	13.45
Oil Related Services and Equipment	9.52
Online Services	24.24
Paper Packaging	10.25
Paper Products	9.25
Passenger Transportation, Ground & Sea	10.63
Pension Funds	21.35
Personal Products	17.21
Personal Services**	12.84
Accounting & Tax Preparation	12.98
Child Care & Family Services	12.98
Consumer Goods Rental	12.98
Consumer Repair Services	12.98
Funeral Services	12.98
General Education Services	11.76
Personal Care Services	12.98
Personal Legal Services	12.98
Other Personal Services	12.98
Pharmaceuticals	13.96
Phones & Handheld Devices	11.75
Professional Information Services	18.34
Property & Casualty Insurance	11.11
Real Estate Rental, Development & Operations	13.2
Real Estate Services	18.23
Recreational Products	12.91
Reinsurance	12.06
Renewable Energy Equipment & Services	11.71
Renewable Fuels	11.71
Residential REITs	21.41
Restaurants & Bars	12.69
Semiconductor Equipment & Testing	13.32
Semiconductors	11.18
Shipbuilding	10.85
Software	22.54
Specialized REITs	21.41
Specialty Chemicals	12.88
Specialty Mining & Metals	8.62
Textiles & Leather Goods	12.02
Tires & Rubber Products	7.77
Tobacco	15.79
Toys & Children’s Products	12.91
UK Investment Trusts	21.35
Uranium	9.37
Water & Related Utilities	12.7
Wireless Telecommunications Services	6.62

*For these industries, a higher level business sector multiple is applied

**For these industries, a lower activity-based level is available