Special Offer: Get The Private Investing Playbook: From Angel to Venture Capital for $49.99 $4.99!Get the e-book
Revenue multiple model
Estimate an illustrative private-company value from revenue, a selected valuation multiple, net debt, and fully diluted shares.
Enterprise value = revenue × multiple. Equity value = enterprise value − debt + cash.
This calculator first multiplies annual revenue by a selected revenue multiple to estimate enterprise value. It then subtracts debt, adds cash, and divides the resulting equity value by fully diluted shares.
Use consistent units: the default fields are in millions, while the per-share output is shown in dollars.
Common questions
There is no universal multiple. Use relevant public-company and recent transaction comparisons, then adjust for growth, margins, scale, concentration, and risk.
No. This simplified model subtracts debt and adds cash to move from enterprise value to equity value. Other claims and adjustments may also matter.
No. It is an illustrative output based entirely on your inputs and does not account for share-class rights, transfer restrictions, fees, or market demand.