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Get an indicative value range for an established French company in 2 minutes: restated EBITDA, 2026 sector multiples, equity value after net debt. Free, no sign-up.
Restated EBITDA multiples by sector (2026 benchmarks)
Manager remuneration restatement built in
Automatic bridge from enterprise value to equity value
The simulator applies the most widely used method on French SME transactions: the restated EBITDA multiple, corrected for net debt. Three inputs drive the result.
The starting point is not accounting EBITDA but restated EBITDA: manager remuneration is reset to its market replacement cost and non-recurring items are neutralised.
Each business profile has its observed 2026 multiple range: from 2.5 to 4.5 times EBITDA for restaurants and local retail, up to 8 to 15 times for SaaS.
Enterprise value is not the share price: financial debt is deducted and excess cash added to reach the indicative value of the shares.
The range is a starting point. It is only as reliable as your inputs:
On the SME sales we support, the gap between the hoped-for price and the signed price rarely comes from the multiple: it comes from restated EBITDA and net debt. An EBITDA overstated by EUR 50,000 at a 5x multiple moves the negotiation by EUR 250,000. That is why the simulator forces you through the remuneration restatement and net debt before displaying a range.
It is an indicative range built on the multiples observed by sector in 2026. It gives a realistic order of magnitude, but a defensible valuation crosses several methods (multiples, DCF, net assets), applies documented discounts and relies on line-by-line restated accounts. For a sale, a bank or litigation, a signed report remains essential.
This simulator is for established, profitable companies valued on restated EBITDA. A pre-profitability startup is valued differently (DCF, revenue comparables, VC methods): use the dedicated startup valuation simulator.
An underpaid manager artificially inflates EBITDA, an overpaid one understates it. Buyers always reason at market replacement cost: the restatement aligns reported profitability with the transferable reality.
For a trading business, the EBITDA multiple range is crossed with the professional scale as a percentage of turnover (for instance 50 to 105% of inclusive-tax turnover for a traditional restaurant). Our sector-by-sector scales give the 2026 ranges.
2026 benchmark multiples and scales, kept in step with the valuation corpus of this site.
A valuation report signed by a chartered accountant and CNCC-registered statutory auditor: crossed methods, documented discounts, enforceable before a bank, a buyer or the tax authority. Value opinion from EUR 800 excl. VAT, full report from EUR 2,500 excl. VAT.