LBO case study: should i use "PF Ebitda" or "Ebitda"?
hi everyone, I am preparing for the case study using the IMs I find online. Most of them highlight multiple and growth rate of PF Eibita instead of Ebitda. i am wondering if I should use PF Ebita to build my model and my valuation, or I should stick to Ebita? If i need to use PF ebitda, how can i project the adjustments? Can anyone explain why? Thank you so much for your help!!!!
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