Hong, Jee Woung; Meidell, Jan Erik; Kim, Hyun-Jung - In: Cogent Business & Management 10 (2023) 2, pp. 1-20
from the perspective of the going concern principle. A new Adjusted EBITDA Multiple that complements the limitations of the … EBITDA Multiple is generated and applied to real-world cases for comparison. EBITDA Multiple is used to assess if the target … company is undervalued or overvalued; adjusted EBITDA Multiple is used to determine the time taken to recover the total …