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Each EMAT Report includes the detailed analysis of the transaction: deal rationale and structure, target business lines and financials (restated), valuation multiples (calculation and analysis).

 

 

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EPSILON M&A DEAL REPORT

Transaction Multiples for the Valuation of Private Companies

Deval and Vallernergie - Valuation Multiples - Utilities

Compagnia Valdostana delle Acque / Deval and Vallernergie

30026
24/10/2011
Acquisition of Majority Stake
Yes
Compagnia Valdostana delle Acque

Deval and Vallernergie
Italy
Deval distributes electricity in the Valle d’Aosta region (69 of the 74 municipalities in Valle D'Aosta). It has a network of approximately 3,900 km and 130,000 end users, with 157 employees. >...

Transaction multiples available
EV/
Sales
EV/
Gross Profit
EV/
EBITDA
EV/
EBIT
Eq/
PBT
P/E Price
to Book
Specific
multiple(s)
Historic - -
Current - - - - - -
  
Multiple available
n.s.   Multiple calculated, but not significant

Source: Epsilon Research / EMAT

Comparable Transactions

  • Number of EMAT Reports / sub-sector « Utilities » = 41
Example of comparable transactions on EMAT (same sub-sector):
DateAcquirerTargetCountryMultiplesSee details
08/04/2011 Electricite de France EDF Energies Nouvelles France
34182
24/03/2011 Eneco Holding Oxxio Nederland Netherlands
22377

Source: Epsilon Research / EMAT