TEV vs. Purchase Price in M&A Comps

Hi,

When looking up m&a comps to get TEV/EBITA on capIQ, i can't find the TEV (enterprise value) for many targets. Can I use the purchase price as a proxy? What about any premiums paid?

thanks!

6,070 WSO Academy Investment Banking Session Reviews: 4.82/5

Class of '29 Oct 2026 Cohort

5.00/5

Investment Banking Other

“John was amazing, he was great at explaining things and had a very positive vibe. He had talked about his life at evermore and how he had switched from Evercore to Carlyle. He then told me how to network more effectively and how to be a better candidate as a whole. He had said that when you are having a coffee chat not to talk as much about their day to day because that is all they are talking about usually. He said to try and connect about their interests and their hobbies because that is something that they would like to talk about.”

Class of '28 Sep 2026 Cohort

4.70/5

Investment Banking Why [Industry] Review

“Andre was kind and very insightful with my upcoming interview with HR for Evercore, particularly what kind of questions should come up and how to tailor your answers to be unique and really stand out amongst the crowd. Ultimately, I think he helped me prep a lot with clear next steps on what to research. ”

See All 11,261 WSO Academy Reviews

2 Comments

Asatar

IB

14y

Isnt it a general rule of thumb that premiums will be roughly equal to goodwill + intangible assets?

Reply

Quote

Report

Other

See my other WSO blog posts>

jack_donaghy

IB

14y

Best Response

Qui accusamus porro voluptas. Vitae blanditiis id et. Atque quibusdam quasi illo aut culpa. Aut quas explicabo sunt et. Sed optio cumque ut. Impedit fugiat sed velit ea aut.

Reply

Quote

Report

Other

Authored by: Certified Investment Banking Professional - 1st Year AssociateCertified Investment Banking Pro

Trending Content - Investment Banking Forum

+152	Why do JEF bankers always think they’re EB?	53	1d
+71	"Corporate & Investment Banking" Analyst - Why?	40	2d
+68	Is my MD a grifter? 16 years, 8 firms	28	1d
+49	MS / GS IBD ACs London interview processes run by nationality?	44	9h
+46	Moat of modelling in PE/Finance completely vanished;	17	4h
+41	Article: UBS Wall Street Rebuild Is a Study in Management Failure	7	6d
+39	Think I'm fucking up my analyst years	14	1h
+34	Want to join investment banking; is it too late/is my background unacceptable?	29	3h
+34	Bloomberg - New UBS Investment Bankers See Smaller Pay Gain on Promotion	9	47m
+27	Big 4 M&A vs. Lincoln Portfolio Valuations	6	22h

Career Resources

1	redever	99.2
2	Secyh62	99.0
3	kanon	99.0
4	BankonBanking	99.0
5	GameTheory	98.9
6	DrApeman	98.9
7	dosk17	98.9
8	Betsy Massar	98.9
9	CompBanker	98.9
10	Linda Abraham	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

TEV vs. Purchase Price in M&A Comps

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

TEV vs. Purchase Price in M&A Comps

See All Comments - 100% Free

Trending Content - Investment Banking Forum