Market Pulse
10Y Bund (Rf)2.68%ECB
ERP EU avg5.84%Damodaran 2026
S&P Fwd P/E20.8×above hist. avg
EU Deal Vol−14%YoY
Software EV/EBITDA24.5×Jan 2026
CH CGT0%lowest EU
← Home
Exit Value Calculator
EBITDA Normalisation · Sector Multiple · Equity Bridge · Net Proceeds · Damodaran Jan 2026
01 EBITDA
02 Multiple
03 Bridge
04 Costs
→ Output
01
EBITDA & Normalisation
Last 12 months (LTM)
Reported EBITDAfrom audited or management accounts
k
Revenuefor EV/Revenue cross-check
k
Add-backs to normalised EBITDA
Common: excess owner salary · one-off legal fees · non-recurring costs · personal expenses through business
Normalised EBITDA
—
k
02
Sector & EV/EBITDA Multiple
Damodaran Jan 2026
SectorDamodaran US public market
Public market multipleauto-filled from sector
×
Private market discountilliquidity / SME discount
%
Applied multiple (private)override manually if needed ×
03
Debt & Equity Bridge
EV → Equity value
Net financial debtbank loans − restricted cash
k
Cash & equivalentsunrestricted, normalised
k
Other debt-like itemspensions, provisions, earnouts
k
Seller stake% of company being sold
%
04
Transaction Costs
Sell-side perspective
Advisory success fee% of equity proceeds at close
%
Legal & notarialsell-side legal only
%
Capital gains taxindividual rate — varies by country
%
Book value of sharestax cost basis (for CGT calc)
k
Enterprise Value
—
Select sector · enter EBITDA
— —
Valuation build-up
Reported EBITDA—
+ Add-backs—
Normalised EBITDA—
× EV/EBITDA applied—
Equity bridge
Enterprise value—
− Net financial debt—
− Other debt-like items—
+ Cash—
Equity value—
× Seller stake—
Gross proceeds—
Transaction costs
Advisory fee—
Legal & notarial—
Capital gains tax—
🔒
Unlock net proceeds
and sensitivity analysis.
Damodaran 2026 benchmarks · Free access
Free · No spam
Net proceeds to seller
—
After all fees and tax
—
Advisory
—
Legal
—
Tax
EV sensitivity — EBITDA × Multiple
EBITDA \ Mult ———
————
————
————
Enter EBITDA and select a sector to calculate exit value.
Sources: EV/EBITDA multiples — Damodaran, NYU Stern, Jan 2026 (US, positive-EBITDA firms). Advisory fees — Firmex/Axial/DealCircle M&A Fee Guide 2024–2025. Private market discount — 25–40% illiquidity discount standard for SME transactions. Not financial advice.