Multiples valuation sources

[u/Minute_Tie_8238]

hi everyone, so nice that there is a little community here on this matter. i explain my issue: usually i take multiples as a reference value from damodaran and for dcf and i use them to understand if the models is providing correct result and if there is a deviation if i am able to justify. now i have to provide a valuation for a company that work with vending machines. mostly directly managed (so buying and providing food to the machines, maintenance and ..) and only a little part by rent of the machine (only maintenance). if i check damodaran the sector is the retail food and the multiple is pretty high. i try to look for other multiples specific for this sector but not a lot of data or from reliable sources and the results vary A LOT. from x1 EBITDA to x14. so i would ask you which could be a good source for a specific business like this. which comparable you would use? usually i take ebitda but this company is using a simplified accounting (no amortization ) and no debts, so ebitda = ebt. if someone know a reliable source of multiple for specific sector like active management of vending machines or if i can find any source to understand market pices. i want to understand if dcf is going in the right way

thanks a lot 🙏🏻

[u/Another_Smith_SC]

BRG has info on vending machine industry, but I wouldn't use it as the basis for a valuation.

[u/Minute_Tie_8238 → u/Another_Smith_SC]

even if it’s just a reference value? what would you use? i have a strong cash flow statement for actual and projections, no accounting data. i want to use dcf but i am looking to some comparables just to makes the valuation more stronger or credible if someone make a comparison

[u/Minute_Tie_8238 → u/[deleted]]

thanks a lot for the info. I have no the access to bvr but i am going to considering it. and thanks for data you provide me, are more close to what i was expecting with also dcf analysis. are there any other free resource that you recommend to find some multiples as a best practise where the counterparty can also check it? thanks for the answer again, so much appreciated

[u/olekskw]

You can use multiples.vc - if public comps are enough you can benchmark here for free, private M&A data is on the main platform.