L3VLUP

Equity Multiple

Total cash returned to equity over the hold, including the sale, divided by the equity invested. A 2.0x multiple means every dollar came back twice. It says how much without saying how fast, which is why it is quoted alongside the IRR rather than instead of it.

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A Wordle for finance. Guess a company’s EV/EBITDA band from the business quality, learn what drives it, share your score.

Open Name That Multiple, free, 3 min

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