Multiples Valuation

with Ned Krastev

This Multiples Valuation course is an in-depth guide for valuing a company using relative valuation.

2 hours 13 lessons
Start course
13 High Quality Lessons
2 Practical Tasks
2 Hours of Content
Certificate of Achievement

Course Overview

Multiples valuation is an intuitive, easy-to-understand framework that helps investment bankers, investment analysts, and finance professionals value companies. Sometimes multiples are used to obtain a quick proxy of a firm’s value based on its earnings. In other situations performing multiples valuation requires complex intellectual work that considers several subtleties, including suitable peers and adjustments for non-operating and non-recurring items. In this Multiples Valuation course, theory and practice go hand in hand. We introduce the concept of relative valuation and its basic assumptions. Then you’ll learn about the different valuation multiples, including the difference between trading and transactional multiples. Moreover, the theoretical lessons cover some fundamental principles an analyst needs to remember to ensure their work respects valuation best practices. In the second part of the course, we analyze a practical example of multiples valuation. You'll see that multiples require more time and can be hard to compute if done correctly and with great precision. In this case, there is a clear trade-off between valuation precision and time invested in research. Multiples valuation is often used in conjunction with Discounted Cash Flow. It’s considered a best practice when the valuation results from both techniques are triangulated to determine a reasonable price range. Our Multiples Valuation course is perfect for aspiring investment bankers, investment analysts, and professionals who are already on the job and want to upskill. Start learning today to acquire these invaluable career-enhancing skills. See you on the inside!

Topics covered


What You'll Learn

Measuring company value precisely requires significant effort and intellectual work. The multiples approach is no exception compared to other valuation techniques. This Multiples Valuation course teaches how to perform this type of valuation.

Learn the core principles of relative valuation
Understand the advantages and disadvantages of revenue, earnings, and alternative multiples
Internalize multiples valuation best practices
Know the difference between transaction and trading multiples
Learn how to select a suitable peer group
Acquire the know-how needed to adjust for non-operating and non-recurring items


Student feedback


113 ratings
5 stars
98 (87%)
4 stars
14 (12%)
3 stars
1 (1%)
2 stars
0 (0%)
1 star
0 (0%)
Filter by rating
  • 5 stars
  • 4 stars
  • 3 stars
  • 2 stars
  • 1 stars
  • Newest
  • Oldest
the course is up to date with the financial world which makes the content quite engaging.
Great explanations in every module and the exercise is awesome.
Wow! Outstanding analysis and truly an eye-opener. Thanks.
very informative!
Good lesson today
  • 1
  • 2
  • 3
  • 4
Ned Krastev

“Multiples valuation is a core skill for anyone who wants to work in investment banking and investment analysis. I highly recommend this Multiples Valuation course, as it perfectly combines theoretical foundations and practical application.”

Ned Krastev

CEO at 365 Data Science

Multiples Valuation

with Ned Krastev

Start Course