Cyndx

The financial projections entered drive the valuation produced in a variety of ways:

<a href="https://help.app.cyndx.com/en/articles/6661505-valuation-glossary#h_65d0d17c1f" rel="nofollow noopener noreferrer" target="_blank">Revenue</a> and <a href="https://help.app.cyndx.com/en/articles/6661505-valuation-glossary#h_92d7da0042" rel="nofollow noopener noreferrer" target="_blank">EBITDA</a>, when positive values, for the most recent completed year, first forecast year, and second forecast year are multiplied by public peer company multiples in the selected public company comparables analysis. Read more: <a href="https://help.app.cyndx.com/en/articles/6602145-public-comparables-analysis" rel="nofollow noopener noreferrer" target="_blank">Public Comparables Analysis</a>

All of the financial projections data is used to calculate <a href="https://help.app.cyndx.com/en/articles/6661505-valuation-glossary#h_bf5c3b832b" rel="nofollow noopener noreferrer" target="_blank">unlevered free cash flow</a> and terminal values in the discounted cash flow analysis. Read more: <a href="https://help.app.cyndx.com/en/articles/6602144-what-is-discounted-cash-flow-analysis" rel="nofollow noopener noreferrer" target="_blank">Discounted Cash Flow Analysis</a>

<a href="https://help.app.cyndx.com/en/articles/6661505-valuation-glossary#h_65d0d17c1f" rel="nofollow noopener noreferrer" target="_blank">Revenue</a> and EBITDA for projected years are multiplied by exit multiples to calculate exit values for the VC method analysis. Current year <a href="https://help.app.cyndx.com/en/articles/6661505-valuation-glossary#h_deb5ff0a25" rel="nofollow noopener noreferrer" target="_blank">EBIT</a> in the financial projections impacts cost of debt, while size of revenues and state of current profitability impact the liquidity discount applied to equity value. Read more: <a href="https://help.app.cyndx.com/en/articles/6602147-what-is-vc-method-analysis" rel="nofollow noopener noreferrer" target="_blank">VC Method Analysis</a>

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See our <a href="https://help.app.cyndx.com/en/articles/6661505-valuation-glossary">Glossary</a> for additional information related to the financial terminology in this article and throughout our Help Center.