Private Equity EBITDA Multiples (unadjusted) by Segment and Region
16.06x
-0.06
Europe
 July 2024
21.96x
-1.02
Information and communication
 July 2024
15.2x
-0.12
Private2000
 July 2024
18.66x
0.04
Education & public
 July 2024
17.66x
0.02
Retail
 July 2024
22.67x
0.08
Health
 July 2024
15.49x
-0.16
United States
 July 2024
15.28x
-0.12
Natural resources
 July 2024
15.33x
0.02
Transportation
 July 2024
13.96x
0.05
Professional and other services
 July 2024
19.93x
-0.01
Real estate and construction
 July 2024
15.06x
Hospitality and entertainment
 July 2024
15.05x
-0.22
Asia
 July 2024
14.61x
-0.03
Financials
 July 2024
13.55x
Manufacturing
 July 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
2066.42
 USD
-0.35%
privateEurope, VW USD
 Jul 31, 2024
4339.11
 USD
-0.36%
privateUS, VW USD
 Jul 31, 2024
2841.93
 USD
-0.59%
private2000, VW USD
 Jul 31, 2024
    Alpha
    tracking:
    Your
    key
    to
    smarter
    fund
    management
    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. . . .
    Find out more
    Featured image for “Alpha tracking: Your key to smarter fund management”
      EDHEC
      Private
      Asset
      Day
      2024
      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. . . .
      Find out more
      Featured image for “EDHEC Private Asset Day 2024”
        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. . . .
        Find out more
        Featured image for “Robust Comparables for Private Markets”
          Take
          The
          Pulse
          of
          Private
          Equity
          Markets
          privateMetrics® indices deliver reliable insights into the risk and returns of private equity investments at the asset level. Backed by a dedicated team, these indices are current, granular and customisable. Updated monthly and capturing the performance of private companies across 50+ key markets. The private2000 flagship includes the largest 2,000 constituents that represent approximately 25% of the private market capitalization . . .
          Find out more
          Featured image for “Take The Pulse of Private Equity Markets”
            Private
            Equity
            Markets
            Turnaround
            in
            2024
            The private2000, privateMetrics flagship market index tracking the performance of unlisted equity in 30 major market was up 0.6% in February 2024 or 3.5% YTD, an impressive turnaround after after a negative performance last year (-8% for the year at the end of December 2023). The private2000 index includes the largest 2,000 constituents of a 5,000 private company universe that . . .
            Find out more
            Featured image for “Private Equity Markets Turnaround in 2024”
              NAV
              2.0:
              updating
              private
              valuation
              approaches
              NAV 2.0: A Better Asset Pricing Model for Private Infra: discusses the inadequacies of the traditional CAPM approach for valuing unlisted infrastructure assets, which often fails to capture their unique risk profiles and market behaviors. NAV 2.0, a more advanced model that incorporates multi-factor analysis and real-time data to provide a more accurate and dynamic assessment of asset values. This . . .
              Find out more
              Featured image for “NAV 2.0: updating private valuation approaches”
              Discover
              Image

              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.

              Data & Index Provider

              Since 2019

              Global Team

              40+ employees

              Scientific DNA

              An EDHEC Venture

              Image
              Download The Corporate Presentation
              Trusted by sophisticated investors around the world since 2019

              OUR PRODUCTS

              Distributed by Scientific Infra & Private Assets

              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
              • Cash flow benchmarks
              • Market Method Anchoring

              • EV/Ebitda, Price to Sales

              • Yields  and duration
              • Credit spreads

              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

              • 5,000-asset index universe
              • private2000 index
              • private3000 index
              • privateUSA Equity index
              • privateEurope Equity index

              • privateAsia Equity index

              • infra mid-market 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

              • Payout ratios

              • Risk factor exposures

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

              Experience our data firsthand: Request a demo now!

              Contact our team to schedule a demo of the most advanced analytics platform in private assets.

              Please enable JavaScript in your browser to complete this form.
              Name
              Email
              Data you are interested in
              Indicate a date and time that suits you for the demo

              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.

              Access our research using these links:

              Latest Insights

              Data graph

              Measuring and tracking the alpha of private market funds

              Image

              Q2 2024 infra300® Release: Implications for Infrastructure Revenues of Economic Slowdown and Political Uncertainty

              Image

              NAV 2.0: A better asset pricing model for private infra

              Tunnel

              Q1 2024 Infrastructure Update

              Image

              Q1 2024 infraMetrics Data Release: Infrastructure started 2024 in positive territory

              Image

              Analysing UK power using infraMetrics®