Example of EMAT Report

EMAT - Epsilon Multiple Analysis Tool™

The Reference Source for Private Company Acquisition Multiples 

 

A major step forward in establishing the "market value" of private companies

The aim is foremost to provide a response to the growing demand from those involved in private company investments, particularly Private Equity funds : the introduction of the IAS-IFRS accounting standards (notably IAS 27) and the recent EVCA guidelines make it clear that private portfolio investments should be appraised regularly on the basis of market value.

 

Unique online access to European private transaction analysis reports & acquisition multiples
  • Online access to reports covering all major European small and mid-market M&A and LBO transactions
  • Detailed analysis of each transaction : deal context and structure, target business and financials, transaction multiples (calculation, comparison and analysis)
  • All information sources are systematically given
  • A powerful search facility: date, size, deal type, country and industry sector + key words
  • Possibility to compose your own comparable indices
  • Optional access to monitor all transactions not retained for multiple analysis (see "CorpfinDeals")

 

Referenced Transactions

  • Transactions M&A - LBO maj. (including a control premium, giving the acquirer > 50% of the target’s shares)
  • Equity Value : €1-500m
  • Target in the EC 
  • Since 01/01/2004 (deal announced date)
  • All industry sectors > > see our industry coverage
  • Transaction value not confidential
  • Enough information (deal value and target financials) to be able to calculate at least one significant multiple

 

      > see the statistics on referenced transactions


A unique valuation tool for :

  • Establishing the “market value” of private investments
    • BVCA / EVCA recommendations and increasing investor pressure for regular portfolio valuations
    • For “fair value” valuations, the use of comparable transaction multiples is key
  • Valuing portfolio investments / exits
    • Put together a sample of comparable multiples in an instant
    • Use Epsilon’s sector classification, based on the International Classification Benchmark
  • View all available deal information to check multiples and ensure they are relevant
    • Standard methodology (consistent financial restatements, multiple calculation)
    • Transparent use of information, relevant data
  • Use Epsilon’s research service to:
    • Carry out ad-hoc research on a business sector or specific deal
    • Receive copies of source info used in a report by e-mail
    • Contact our financial analysts regarding specific sectors or reports