HOW DOES ONE EXTRAPOLATE EBITDA FROM PAYROLL?

I am working on a valuation project and I found PPP data for the company, however I need to extrapolate EBITDA from the PP. I understand that the PPP is 2.5x the average monthly payroll of the business, but after this, what calculation would I have to make, or what information do I need, to find EBITDA from this figure?



share: