Hi I would like to ask regarding on multiples for F&B and Agriculture
Would EV/EBITDA or EV/Revenue for F&B be a good valuation multiple? What about Revenue/Unit square of restaurant space? Is there any other example?
I am quite confused with Agriculture Is EV/EBITDA be good multple? I am thinking of EV/kg of produce or EV/unit square of agriculture land
| +137 | UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC | 37 | 1d |
| +59 | PWP acquisition by Piper cancelled | 22 | 2m |
| +29 | Evercore poaches Baird DC Defense Team | 18 | 6h |
| +28 | Houston banking Gods ? | 16 | 2d |
| +21 | Best Houston Banks for Culture in 2026 | 14 | 3h |
| +18 | Normal for lateral process to go +2 months? | 4 | 1d |
| +17 | Lack of talent in IB! | 19 | 2m |
| +17 | Internal lateral from coverage to M&A (focused on coverage) | 4 | 13h |
| +15 | How standard is weekend work in IBD? | 6 | 2d |
| +15 | Discussion Transaction Experience in Lateral Interviews | 3 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Both are going to be primarily EV/EBITDA focused. EV/Revenue is used for higher-growth, emerging companies (think "better-for-you" brands, snacking, etc. ).
Ag is such a huge space you kind of have to narrow it down - are you talking Big 6, ag biotech, precision ag, fertilizer? Both EV / rev and EV / EBITDA can work depending on the sub-industry, but Tony is right in that frequently you have to use rev multiples.
Do you recommend any Ag or F&B primers?
Aspernatur recusandae pariatur praesentium nulla non nihil perferendis. Magnam illum aut ipsum sit. Doloremque nisi omnis vitae aut.
Dolor sed consequuntur ex nulla ab dolorem. Adipisci dicta aut sed qui aut ut sint vel. Dolores earum veritatis labore sit natus fugit iste. Aliquid veritatis voluptas consectetur omnis sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...