INDEX
1. What is business valuation?
2. ANEPSA methodology for estimating the value
3. Financial and operational analysis
4. Market references and multiples
5. When is a professional valuation needed?
6. Basic glossary of business valuation
Knowing the value of a company is key to making strategic decisions in processes of buying and selling, mergers and acquisitions, incorporation of partners, raising capital, successions, corporate reorganizations or estate planning.
Business valuation allows estimating a range of fair value considering the company's financial situation, its ability to generate cash flows, assets, debt, profitability, risks, sector, and market conditions.
Use our PRO Valuation Calculator and get a preliminary estimate based on verified multiples of the Latin American market for 2026, quickly and for free.
Verified Multiples May 2026 · USD
At ANEPSA we apply a methodology based on financial, equity and market criteria, adapting the analysis to the type of company, sector, available information and valuation objective
The company's revenue, EBITDA, margins, cash flow, cost structure, debt, available cash, and value creation capacity are reviewed.
When sufficient information is available, market multiples, comparable transactions, and industry benchmarks are considered to compare the estimated value against similar companies.
The value of a company can vary depending on its size, founder dependence, customer concentration, quality of financial information, operational formalization, liquidity, sector risk, and growth prospects.
A valuation can distinguish between the total value of the business operation and the equity value attributable to the shareholders. To do this, adjustments are made for financial debt, available cash, and other relevant elements of the capital structure.
| Term | Concept |
|---|---|
| EBITDA | Financial indicator that approximates operating profitability before interest, taxes, depreciation and amortization. |
| Multiple | Factor used to compare similar companies based on indicators such as sales, EBITDA or net profit. |
| Enterprise Value | Total value of the business operation before discounting net financial debt. |
| Equity Value | Equity value attributable to partners or shareholders, after adjusting debt and cash. |
| Net Debt | Difference between financial debt and available cash. |
| Situation | Usefulness of valuation |
|---|---|
| Buying and selling of companies | Define a reasonable value range for negotiation. |
| Mergers and acquisitions | To support investment or integration decisions. |
| Members joining or leaving | Estimate the economic value of a share. |
| Inheritance and transfers | Facilitate asset and corporate agreements. |
| Financing | Presenting economic information to banks or investors. |
| Strategic planning | Measure the value generated by the company. |
| Corporate reorganization | Evaluate business units, assets, or stakes. |
A company's value depends not only on its revenue or assets. Profitability, financial structure, risks, sector, projections, available information, and market conditions also play a role. Therefore, try our calculator as a starting point and contact an ANEPSA specialist for a professional business valuation.
