What is the company worth today?
Most calculators of this kind return a single number. A range is more honest, and the reasons behind it are more useful, so this one shows both: what the company would plausibly trade at today, and the specific items moving that figure up and down.
Valuation, explained
How private company valuation works.
Almost every private company transaction is priced as a multiple applied to adjusted EBITDA. Adjusted EBITDA is reported earnings before interest, taxes, depreciation and amortisation, with owner compensation above a market rate, above-market related-party rent and genuinely non-recurring items added back. The multiple is built from sector, scale, demonstrated growth, revenue quality and risk.
It depends far more on scale than owners expect. In the lower and middle market a company with $2M of adjusted EBITDA and one with $12M in the same sector are not priced on the same scale, because the second has management depth below the owner, survives the loss of a customer, and is financeable on senior debt at better terms.
Add-backs are adjustments that remove the owner's personal economics and leave the company's. Owner compensation above a market rate for the role, above-market rent on a related-party property, and a closed one-time legal settlement are strong, provided each is documented. Lost revenue from a departed customer and deferred maintenance the buyer will have to fund are almost never accepted.
Three things, consistently. Customer concentration, where a single account at 30 percent of revenue changes structure as well as price. Key-person dependence, where the owner holds the relationships, pricing authority and technical knowledge. And the quality of the financial record, because a buyer prices uncertainty and a lender will not lend against numbers that cannot be tested.
No. It is a directional range built from the firm's own working assumptions applied to figures you enter, and nothing you enter is transmitted or verified. A real valuation begins by rebuilding adjusted EBITDA from the financial statements, which is where most of the disagreement between an owner's number and a buyer's number actually lives. Turris prepares that as a written Opinion of Value at no cost.
The first conversation is a valuation.
It costs nothing and carries no obligation. You leave with a range for what the company is worth today and a specific list of what is holding that number down.