Valuation — four approaches with ranges

The Valuation tab drafts a value range using four approaches. None of these is definitive; the range is.

Approaches:
1. **Revenue multiple** — last-12-month revenue × industry multiple (varies by sector; the form has defaults for common SIC/NAICS codes)
2. **EBITDA multiple** — last-12-month EBITDA × industry multiple. Generally tighter range than revenue × multiple; weighted higher for stable businesses
3. **Asset-based** — net asset value (assets at fair-market minus liabilities). Floor for asset-heavy businesses; underestimates service businesses
4. **Comparable benchmark** — pulls anonymized recent comps from the Turtini Accounting benchmark dataset (k=5 weekly aggregator), filtered to your industry + size

Per approach you see Low / Mid / High estimates. The overall valuation is presented as a range, not a single number, with the methodology behind each estimate exposed.

If Accounting is active, the form auto-fills revenue / EBITDA / assets from your books. If not, you fill them in manually.

Wally tool `succession_draftValuation` drafts the valuation from chat. The output is a working draft — useful for internal planning and as a starting point for a CPA or M&A advisor.