For a DCF using a exit multiple should I use EV/EBITDA or EV/EBIT?
I’m assuming it’s dependent on the industry or business? Sjhdhshshhshdhdhdhdhdhdhdhdhdhdhdhdhddjjddjdj
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Seen EBITDA used more frequently but need to be wary if its in an industry where D&A is a big factor or if for some reason your D&A is highly variable/ different when compared to your comps
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