Private Equity EBITDA Multiples (unadjusted) by Segment and Region
20x
0.08
Information and communication
 September 2024
22.01x
0.01
Education & public
 September 2024
18.28x
0.06
Financials
 September 2024
16.33x
0.12
United States
 September 2024
14.98x
-0.03
Natural resources
 September 2024
13.04x
0.05
Professional and other services
 September 2024
17.11x
0.03
Asia
 September 2024
24.61x
0.12
Health
 September 2024
14.9x
0.14
Hospitality and entertainment
 September 2024
16.01x
0.04
Europe
 September 2024
16.1x
-0.01
Transportation
 September 2024
19.81x
0.08
Real estate and construction
 September 2024
17.16x
0
Retail
 September 2024
16.02x
0.07
Private2000
 September 2024
13.62x
0.01
Manufacturing
 September 2024
1385.80
 USD
-2.52%
Infra100® EUR-denominated Debt, VW USD
 Apr 30, 2024
2818.89
 USD
-3.42%
Infra100® Core+, VW USD
 Apr 30, 2024
1706.52
 USD
-2.7%
Infra100® Project Finance Debt, VW USD
 Apr 30, 2024
1413.89
 USD
-2.87%
Infra100® UK Debt, VW USD
 Apr 30, 2024
8511.71
 USD
-11.46%
Infra100® Opportunistic, VW USD
 Apr 30, 2024
1245.61
 USD
-2.26%
InfraGreen® Debt, VW USD
 Apr 30, 2024
4292.97
 USD
-8.06%
Infra100® Europe, VW USD
 Apr 30, 2024
4019.19
 USD
-9.17%
Infra100® UK, VW USD
 Apr 30, 2024
7086.48
 USD
-3.24%
InfraGreen® , VW USD
 Apr 30, 2024
2325.20
 USD
-3.11%
Infra100® Core, VW USD
 Apr 30, 2024
1414.95
 USD
-2.91%
Infra100® GBP-denominated Debt, VW USD
 Apr 30, 2024
2822.68
 USD
-3.99%
Infra100® Midmarket, VW USD
 Apr 30, 2024
1653.16
 USD
-2.28%
Infra300® Debt, VW USD
 Apr 30, 2024
1540.73
 USD
-2.52%
Infra100® Europe Debt, VW USD
 Apr 30, 2024
9351.12
 USD
-3.85%
Infra100® Project Finance, VW USD
 Apr 30, 2024
5486.52
 USD
-6.62%
Infra100® Global, VW USD
 Apr 30, 2024
6733.14
 USD
-3.57%
Infra100® Energy, VW USD
 Apr 30, 2024
5673.95
 USD
-3.97%
infra300®, VW USD
 Apr 30, 2024
1336.38
 USD
-1.95%
Infra100® Eurozone Debt, VW USD
 Apr 30, 2024
1628.84
 USD
-2.28%
Infra100® Global Debt, VW USD
 Apr 30, 2024
3983.50
 USD
-2.82%
Infra100® Eurozone, VW USD
 Apr 30, 2024
privateMetrics® Market Indices
2637.46
 USD
0.58%
privateEurope, EW USD
 Sep 30, 2024
4189.02
 USD
0.92%
privateUS, EW USD
 Sep 30, 2024
3085.50
 USD
0.75%
private2000, EW USD
 Sep 30, 2024
    Buy,
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    or
    Hold?
    Is
    Private
    Equity
    Cheaper
    Now?
    Despite the headwinds facing private equity valuations, the current market presents compelling opportunities for discerning investors who can leverage granular data to identify undervalued assets. We discuss trends and dispersion of the different valuation multiples. . . .
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      How
      Risky
      is
      Private
      Equity?
      A focus on the manufacturing and natural resources sectors in Europe – Private equity investments offer high returns in exchange for taking a certain level of risk. Stratifying the PE universe using the PECCS taxonomy, a range of risk/return profiles appears that suggest a wide range of risk-taking and return-seeking strategies. . . .
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        Alpha
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        Direct alpha tracking is a game-changer for investors in private market funds. By leveraging privateMetrics® and infraMetrics® data, this approach allows you to assess the performance of each fund and manager fairly against a representative benchmark and determine which manager is over/under-performing the market, or simply to monitor the alpha-generating capability of a fund on an ongoing basis. . . .
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          EDHEC
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          Day
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          Meet us in New York on December 11th –  The first event dedicated to quantitative research in private markets. It aims to bring together investment professionals who work with private asset classes. Over a day of presentations and discussions, this event delves into several key topics for private market quantitative analysis. . . .
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            Robust
            Comparables
            for
            Private
            Markets
            PrivateMetrics comparables is a comprehensive tool leveraging a vast database of over a million private companies worldwide, updated monthly. It provides a robust valuation anchor by frequently valuing numerous private companies based on actual market transactions. Customization is enabled through a factor model approach, allowing adjustments for asset-specific characteristics. . . .
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            Since 2019, Scientific Infra & Private Assets has transformed research from the EDHEC Infrastructure and Private Research Institute into a leading index and data provider, serving elite clients who manage hundreds of billions of dollars in private equity and infrastructure assets. Our core offering addresses a critical challenge in private markets: the pervasive shortage of risk and performance data that hinders best practices and clouds investment decisions.

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            OUR PRODUCTS

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            infraMetrics®

            Asset-level private infrastructure investment metrics across 20+ markets by sector, business risk and corporate structure peer groups, with the TICCS® classification.

            Market Indices & Benchmarks

            • 9,200+ assets identified in 27 countries
            • 800+ assets tracked and evaluated

            • infra300® equity and debt indices
            • infra100® index series
            • infraGreen index family

            • infra100 Core and Core+ indices

            • infra mid-market index

            23 ESMA-registered indices
            650+ TICCS® segment indices
            20 years of track record
            60+ index analytics included

            Infrastructure Asset Valuation

            • Income Method Anchoring
            • Cost of capital and risk premia
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            • Market Method Anchoring

            • EV/Ebitda, Price to Sales

            • Yields  and duration
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            Customizable comps: 400+ segments
            Monthly updated
            Comps Builder in Excel, Python, R
            40+ valuation metrics available

            privateMetrics®

            Asset-level private equity investment metrics across 100+ markets, by activity, customer model,  revenue model, lifecycle and value chain with the PECCS® classification.

            Market Indices & Benchmarks

            • 2,000-asset index universe
            • private2000 index
            • privateUSA Equity index
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            • privateAsia Equity index

            65 other thematic indices
            10 years of track record
            1,000+ PECCS® segment indices
            40+ index analytics included

            Private Equity Valuation

            • 1.3M assets tracked
            • 50M prices computed
            • EV/Ebitda, Price to Sales
            • Revenue growth metrics
            • Net Income-to-Sales

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            Comps available for 1,000+ segments
            Monthly updated
            Comps Builder in Excel, Python, R
            40+ valuation inputs available

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            Our Research

            R&D of the EDHEC Infrastructure & Private Asset Research Institute

            Since 2016, the EDHEC Infrastructure & Private Assets Research Institute has been producing research on private asset pricing, risk management, credit risk and climate risk measurement. While some of this research has now been industrialised and is distributed by our corporate arm, Scientific Infra & Private Assets, we continue to develop new applied research in the field of investment and private markets, with a focus on machine learning and language processing.

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