Calculation of the buyout multiples (median EV/EBITDA and median EV/Revenue) in Charts & League Tables:
For deals where EV (enterprise value) is available:
EV divided by EBITDA for the EV/EBITDA multiple
EV divided by Revenue for the EV/Revenue multiple
If the EV is not available the following rules apply:
For Buyout, Add-On and Public to Private deals with no EV and no Acquired Share %, we use Deal Size with Leverage instead of the EV.
For Buyout deals with no EV, and Acquired Share is 100%, we use Deal Size with Leverage instead of the EV.
The following calculation then applies:
Deal Size divided by EBITDA for the EV/EBITDA multiple
Deal Size divided by Revenue for the EV/Revenue multiple
Then we take all these multiples per quarter/year and find the median of the dataset for each respective period.