The paper provides a research summary on the relation between the levels of valuation multiples and eight criteria of company size. The criteria comprised market capitalization, enterprise value, operating revenues, EBITDA, EBIT, net profit, sum of total assets, and number of employees. Using...

This paper investigates statistical significance of earnings stability in the within-company indirect valuation method. We empirically establish superiority of a within-company earnings multiple valuation technique for the relatively most stable companies. Favorable empirical results are robust...