+250,000
+5 million
+3,000
+90,000
+300Value your company
What is your company worth? Work it out with your sector's multiple.
Pick your sector and type your EBITDA, what the business earns before interest, taxes, depreciation and amortization. We multiply it by your sector's multiple, the number of times that profit is paid to set the price.
The calculator is in Spanish. Five minutes, free and confidential.
Quick calculator
Indicative range
€950,000 to €1,290,000
Between 3.2 and 4.3 times your EBITDA
Indicative only. The real valuation depends on debt, cash, how much the business relies on the owner, and customers. What you type never leaves your screen.
5.3×
is the average multiple
of SME sales in Southern Europe
4.3 to 7.5×
depending on size
from €200,000 to €10 million of EBITDA
3.8 to 7.4×
depending on sector
from construction to health
5 min
for your figure
with the full form
Dealsuite, Southern European M&A (mergers and acquisitions) Monitor 2025. First-half 2025 data. The five minutes are those of the platform form, which is in Spanish.
How it is calculated
Three steps: adjusted EBITDA, sector multiple and net debt.
It is the sum a buyer does. You do it before they do.
Adjusted EBITDA
Start from your last year's EBITDA. Take out what will not repeat and give the owner a market salary.
Sector multiple
Each sector sells for a number of times its EBITDA. We start from the multiple in the table. We adjust it for size (from ×0.65 to ×1.55) and risk (from ×0.7 to ×1.2).
Net debt and working capital
The multiple gives the value of the company. You subtract net debt, what it owes minus its cash. And you check working capital, the money tied up in stock and in what customers owe.
Company value = adjusted EBITDA × multiple. What you receive = company value minus net debt.
Net debt, with a case: two identical companies, two different chequesMultiples by sector
Depending on the sector, the base multiple runs from 3.5 to 7.5 times EBITDA.
These are the multiples in our platform's calculator. Next to them, what is paid in real SME sales in Southern Europe.
| Sector | Relevo base multiple | Sales in Southern Europe |
|---|---|---|
| Subscription software | 7.5× | 7.4× |
| Health, clinics and dental | 6.0× | 7.4× |
| Food and production | 5.5× | 5.4× |
| Industry and manufacturing | 4.8× | 4.9× |
| E-commerce | 4.5× | 5.2× |
| Other sectoraverage of all sectors | 4.5× | 5.3× |
| Distribution and wholesale | 4.3× | 4.4× |
| Transport and logistics | 4.2× | 4.3× |
| Retail | 4.0× | 4.5× |
| Construction and renovation | 3.8× | 3.8× |
| Hospitality and restaurantshospitality and tourism | 3.5× | 4.3× |
Sales in Southern Europe: Dealsuite, Southern European M&A Monitor 2025, from September 2025. A group of 117 company-sale advisors in Spain, Italy, Portugal and Greece answered it. They report first-half 2025 deals in companies with €1 to €200 million of revenue. We use the Dealsuite category closest to each sector. Relevo base multiple: the one in the platform calculator, calibrated in June 2026 for a company with €500,000 to €1 million of EBITDA.
Dealsuite measures hospitality and tourism, not only bars and restaurants; for a bar or a restaurant we use 3.5. For "Other sector" we use 4.5, a little below the average. Sectors without their own Dealsuite figure are not in this table; you will find them in the full form.
See the full table: multiples for 24 sectors, with source, year and size (page in Spanish)From price to net: work out how much you keep when you sell (page in Spanish)Worked example
A workshop with €300,000 of EBITDA is worth about €1,120,000 and leaves €920,000 for the owner.
A machining workshop in the industry sector, with €300,000 of adjusted EBITDA and €200,000 of net debt. Round figures to follow the sum.
Example, not a real company
- Adjusted EBITDA
- €300,000
- Industry base multiple
- 4.8 times
- Size adjustment
- ×0.82
- Average risk adjustment
- ×0.95
- Resulting multiple
- 3.74 times
- Company value
- €1,120,000
- Value range
- €950,000 to €1,290,000
- Net debt deducted
- €200,000
- For the owner
- €920,000€750,000 to €1,090,000
With average size and risk, with no adjustment for margin or location. With your accounts the figure changes.
What moves the multiple
Six things raise or lower what a buyer pays.
The weights are those of our platform's calculator.
Raises
More size
With €200,000 of EBITDA, the average of sales in Southern Europe is 4.3 times. With €10 million, 7.5 times.
Lowers
Reliance on the owner
If the company is you, the buyer pays less. It weighs the most in the risk adjustment: 18%.
Lowers
One customer in charge
If one customer makes up a large share of your sales, the buyer fears losing it. It weighs 14% of the risk adjustment.
Raises
Income that repeats
What you collect every month is worth more than what you collect once. It weighs another 14% of the risk adjustment.
Raises
More margin
With an EBITDA margin of 10 to 15% of sales, the calculation is neutral. Above 30% it adds 18%. Below 5%, it subtracts 15%.
Lowers
Machinery and working capital
If you buy equipment every year or have a lot of money tied up in stock and customers, part of EBITDA never reaches the bank. Together they weigh 14%.
Questions
What owners ask us before valuing.
The calculator on this page is free. Most of what we charge depends on you selling. The exact figure depends on the size of your company and how much you want to delegate. We give it to you in writing after the first call.
Yes. What you type into this calculator never leaves your screen. If you decide to sell, the profile goes out with no name and no town. Anyone who wants to see more signs a confidentiality agreement first, and only the buyers we vet get through.
The calculator uses two inputs, sector and EBITDA, and assumes average risk. A professional valuation starts from your accounts and adjusts the EBITDA. It reviews debt, cash, working capital, customers and how much the business relies on the owner. It explains the result in writing, with three methods. The range on this page does not replace it.
It is EBITDA, what the business earns before interest, taxes, depreciation and amortization, corrected the way a buyer would. You take out income and costs that will not repeat and give the owner a market salary. If you pay yourself €40,000 and a manager would cost €90,000, EBITDA drops by €50,000.
Because the multiple gives the value of the whole company, and the buyer also takes on what it owes. Your cheque is that value minus net debt: what the company owes minus the cash it holds. Two companies with the same EBITDA can leave different cheques.
The range appears instantly and the full form takes five minutes. Selling is another matter. On average, about six months from when we start to the notary. It depends on the company and the buyer, so it's not a fixed deadline.
Valuing your company
Further reading
What is looked at to put a price on a company: multiples, debt, working capital and cash flows.
- EBITDA multiple by sectorThe table with source, year and company size, updated every quarter (page in Spanish).
- Calculator: how much you keep when selling (page in Spanish)From price to your account: taxes on four ways of selling, with a breakdown (page in Spanish).
- Sector reportsTwenty-three reports with figures, buyers and risks by sector.
- Deal dictionary (pages in Spanish)Each term with a euro example, the negotiation trap and who it favours (pages in Spanish).
- Múltiplo de valoración: cómo se construye el de tu empresaSe aplica sobre el EBITDA, el beneficio antes de intereses, impuestos y amortizaciones.
- Deuda neta: por qué cambia el cheque al venderEl valor de empresa no es lo que cobra el vendedor.
- Capital circulante en la venta de una empresaEl nivel de circulante se pacta al inicio y puede mover el precio.
- Descuento de flujos de caja (DCF): cómo valorar una pymePor qué un euro de dentro de cinco años vale la mitad hoy.
- Rango de valoración: dónde coinciden tres métodosUn método da un número y tres métodos dan una zona de negociación.
- Cómo valorar una pyme industrial en 2026Los múltiplos publicados son una guía. Qué ajustes hacer antes de aplicarlos.
Your next step
Now refine the figure
with your company's accounts.
Five minutes with the calculator. If you want to sell it, the first call with Toño comes next, with no commitment.
The calculator is in Spanish. Five minutes, free and confidential.