Sales Multiples

The P&L data (i.e., revenues) used for the enterprise value (EV) trailing multiples is based on the most recent financial information published by the respective companies (in annual or semi-annual reports). To derive 1-year forward EV multiples, analyst estimates (i.e., revenues) for the next twelve months (NTM) are applied. 

For comparison purposes, median multiples have been calculated. The bar charts additionally illustrate the interquartile range (IQR) for each sector, based on the full multiples universe of the individual companies in each sector. The IQR represents the middle 50 % of observations in each sector, i.e. the range between the first and third quartiles. 

Companies with negative multiples are excluded from the calculation. In addition, the financial services sector (including banks, insurance companies, etc.) is excluded as well.

The P&L data (i.e., revenues) used for the equity value (EQ) trailing multiples is based on the most recent financial information published by the respective companies (in annual or semi-annual reports). To derive 1-year forward EQ multiples, analyst estimates (i.e., revenues) for the next twelve months (NTM) are applied. 

For comparison purposes, median multiples have been calculated. The bar charts additionally illustrate the interquartile range (IQR) for each sector, based on the full multiples universe of the individual companies in each sector. The IQR represents the middle 50 % of observations in each sector, i.e. the range between the first and third quartiles. 

Companies with negative multiples are excluded from the calculation. In addition, the financial services sector (including banks, insurance companies, etc.) is excluded as well.