Could be either one. The methodology you use for valuation reflects your priorities. Warren Buffet calculates valuations based on free cash flow[1]. For what i

Could be either one. The methodology you use for valuation reflects your priorities. Warren Buffet calculates valuations based on free cash flow[1]. For what it's worth, the company I work for currently just got sold off for $4.4bn USD by our parent company. Based on quarterly filings, that equated to about 2x annual revenue and 9-10x EBITDA for last year (not sure what the multiple was for net). [1] https://www.entrepreneur.com/article/66442 https://www.entrepreneur.com/article/66442