EV/EBIT MULTIPLE FOR DIGITAL E-COMMERCE BUSINESSES
Any ideas of EV/EBIT multiple to evaluate digital products e-commerce business like this one...
We are a self-funded search, currently in the process of signing the LOI and willing to get some validation to our proposal and mainly to the EV/EBIT multiple. The Company details are below:
Industry: Online test & assessment preparation (e-commerce)
Product: An online kit (like GMAT)
Revenue: USD10m (growing 10-15% for the last years).
EBIT: USD3m (growing 10-15% for the last years)
Cash conversion: >90%
Low entry barriers
Any ideas for relevant sources to evaluate digital e-commerce businesses?
If interested, please reach out directly to [redacted]
Best and happy weekend, Matan