Comparable Company Analysis Calculator
This Comparable Company Analysis (CCA) calculator helps you translate peer multiples into implied enterprise and equity values for a target company. It supports multiple methods: peer-average multiples, user-weighted blends, and post-blend adjustments for size, liquidity and control factors.
Use the tool to produce a reasoned valuation range, and follow the calibration guidance and caveats. The calculator is a modelling aid and does not replace formal due diligence, audited financial statements, or professional valuation opinion.
Governance
Record bb438df6e091 • Reviewed by Fidamen Standards Committee
Compute average peer multiples (EV/Revenue, EV/EBITDA, P/E) across provided comparables and apply to the target company's metrics to produce implied enterprise value, equity value, and per-share estimates.
Inputs
Advanced inputs
Comparables — multiples entry
Results
EV from Revenue
$1,625,000.00
EV from EBITDA
$1,725,000.00
Share Price (EBITDA)
$17.25
Share Price (P/E)
$13.20
| Output | Value | Unit |
|---|---|---|
| EV from Revenue | $1,625,000.00 | USD |
| EV from EBITDA | $1,725,000.00 | USD |
| Share Price (EBITDA) | $17.25 | USD |
| Share Price (P/E) | $13.20 | USD |
Visualization
Methodology
Step 1: Populate target company financials and outstanding shares.
Step 2: Enter observed peer multiples (EV/Revenue, EV/EBITDA, P/E) for each comparable. If a comparable lacks a multiple, set that input to zero and reduce the number of comparables count accordingly.
Step 3: Choose a method: peer-average, weighted blend, or adjusted range. Weighted blends let you reflect relative reliability of each multiple type.
Step 4: Apply adjustments (size, liquidity, control) to calibrate the implied per-share price and produce a high/low range using the calibration percentage.
F.A.Q.
What inputs produce the most material impact on the implied valuation?
Peer multiples and the target company's EBITDA (for EV multiples) or net income (for P/E) typically drive the largest changes. Adjustments (size, liquidity, control) provide judgmental calibration and should be grounded in transaction evidence when possible.
How should I treat zero or missing multiples in comparables?
Set unused multiple fields to zero and enter the actual number of comparables with valid data in the 'Number of comparables' field. The calculator uses the provided count to compute averages; mismatched entries will distort results. For a robust approach, prefer medians when outliers exist and document exclusions.
Does the calculator guarantee an accurate market price?
No. This tool produces modelled estimates using user inputs and assumptions. Outputs are only as reliable as the inputs. Use this calculator for screening, sensitivity analysis, and hypothesis generation, not as a substitute for professional valuation reports, audited data, or market execution.
How should I set weights for the blended multiple?
Assign higher weight to multiples you consider more reliable for the company and sector (for example, EV/EBITDA for capital-intensive businesses). Ensure weights are positive and meaningful; the tool normalizes by the sum of weights provided in the blend method.
How do adjustments (size, liquidity, control) relate to regulatory or audit standards?
Adjustments are judgment-based and should be documented, supported by evidence, and consistent with applicable valuation guidance. Maintain model governance records for assumptions, scenario outputs, and sensitivity analyses to align with corporate risk and audit practices.
Sources & citations
- National Institute of Standards and Technology (NIST) - Risk Management and Model Validation Guidance — https://www.nist.gov
- International Organization for Standardization (ISO) — Guidance on Measurement and Uncertainty — https://www.iso.org
- Institute of Electrical and Electronics Engineers (IEEE) — Standards for Software and System Documentation — https://www.ieee.org
- Occupational Safety and Health Administration (OSHA) — Data governance and records guidance (context for audit trails) — https://www.osha.gov
- U.S. Securities and Exchange Commission (SEC) — Disclosure and financial reporting requirements — https://www.sec.gov
- CFA Institute — Equity Valuation Standards — https://rpc.cfainstitute.org/
- FASB ASC 820 — Fair Value Measurement — https://www.fasb.org/
- AICPA — Valuation Services — https://www.aicpa-cima.com/
Further resources
Versioning & Change Control
Audit record (versions, QA runs, reviewer sign-off, and evidence).
Record ID: bb438df6e091What changed (latest)
v1.0.0 • 2025-11-08 • MINOR
Initial publication and governance baseline.
Why: Published with reviewed formulas, unit definitions, and UX controls.
Public QA status
PASS — golden 25 + edge 120
Last run: 2026-01-23 • Run: golden-edge-2026-01-23
Versioning & Change Control
Audit record (versions, QA runs, reviewer sign-off, and evidence).
What changed (latest)
v1.0.0 • 2025-11-08 • MINOR
Initial publication and governance baseline.
Why: Published with reviewed formulas, unit definitions, and UX controls.
Public QA status
PASS — golden 25 + edge 120
Last run: 2026-01-23 • Run: golden-edge-2026-01-23
Engine
v1.0.0
Data
Baseline (no external datasets)
Content
v1.0.0
UI
v1.0.0
Governance
Last updated: Nov 8, 2025
Reviewed by: Fidamen Standards Committee (Review board)
Credentials: Internal QA
Risk level: low
Reviewer profile (entity)
Fidamen Standards Committee
Review board
Internal QA
Entity ID: https://fidamen.com/reviewers/fidamen-standards-committee#person
Semantic versioning
- MAJOR: Calculation outputs can change for the same inputs (formula, rounding policy, assumptions).
- MINOR: New features or fields that do not change existing outputs for the same inputs.
- PATCH: Bug fixes, copy edits, or accessibility changes that do not change intended outputs except for previously incorrect cases.
Review protocol
- Verify formulas and unit definitions against primary standards or datasets.
- Run golden-case regression suite and edge-case suite.
- Record reviewer sign-off with credentials and scope.
- Document assumptions, limitations, and jurisdiction applicability.
Assumptions & limitations
- Uses exact unit definitions from the Fidamen conversion library.
- Internal calculations use double precision; display rounding follows the unit's configured decimal places.
- Not a substitute for calibrated instruments in regulated contexts.
- Jurisdiction-specific rules may require official guidance.
Change log
v1.0.0 • 2025-11-08 • MINOR
Initial publication and governance baseline.
Why: Published with reviewed formulas, unit definitions, and UX controls.
Areas: engine, content, ui • Reviewer: Fidamen Standards Committee • Entry ID: 037fe304a4c6