Indicative range · Portugal & Spain
What is my company worth?
A starting range in about a minute, built entirely from published Southern European transaction data.
Why this exists
Most sellers learn too late that their number was never the market’s number.
Dealsuite asked 422 M&A advisers across Spain, Italy, Portugal and Greece how often they meet a seller whose expectation is too high, how wide the gap runs, and how often it ends the deal.
53%
of processes where advisers say the seller’s value perception is too high.
26%
the average distance between that expectation and realistic market value.
38%
of those gaps end with the transaction collapsing altogether.
Roughly three in five valuation gaps are bridged during a process. The other two end the deal. Knowing the range before you start is the cheapest insurance available.
The estimate
Your sector, your size, and four questions.
The first two set the range the market pays. The four questions decide where inside that range you sit — and each of them can be changed before a process starts.
The estimator needs JavaScript. If it has not appeared, the underlying figures are published in full in the method section below, or arrange a conversation instead.
Method
Where these numbers come from.
Every multiple here is published by a third party and dated. The only judgement we add is the four questions and how they are weighted, and we say so rather than burying it.
Reported
Dealsuite, M&A Monitor Southern Europe, Edition 3, August 2026, covering the first half of 2026. Based on 422 M&A advisory firms in Spain, Italy, Portugal and Greece, for companies with revenue between €1m and €200m. The average across all sectors is 5.4× EV/EBITDA. Company size moves that from 4.0× at €200,000 of EBITDA to 7.6× at €10,000,000.
Derived
The size curve is expressed as a ratio to the 5.4× average and applied to your sector’s published low, average and high. Proportional rather than additive, because the size effect is a risk discount on the whole valuation — the Small Firm Premium, which the report attributes to Damodaran and to Grabowski & Pratt — not a fixed number of turns. Sizes between the six published points are interpolated.
Estimated
The four questions are ours, weighted equally, and they place you between your sector’s published low and high. Answer all four in the middle and you land exactly on the published average. The questions are our judgement; the range they move within is not.
Where we stop
Below €200,000 of EBITDA the report publishes no multiple, and neither do we. At that size the risk premium is specific to the company, normalised earnings swing too much year to year to value against, and the price depends far more on potential than on what the business earned last year. That is a conversation, not a calculation.
A multiple is a cross-check, not a valuation method. It tells you the neighbourhood. What a specific buyer pays for a specific company on a specific day is decided by things no calculator holds.
A range is a starting point. Moving it is the work.
The Exit Readiness Review takes the four things above and turns them into a prioritised plan, one to three years before you sell. Owner dependency, customer concentration and revenue visibility are all fixable with enough runway. None of them is fixable in the middle of a process.
Request an Exit Readiness ReviewThirty minutes with Kelvin Klatt. No cost, no obligation.