Estimating EBITDA for SMEs

This research investigates whether it is possible estimate the profitability of a small- or medium sized company based on public data. This is done by searching for correlations between EBITDA and other metrics, and testing these using several modeling techniques. EBITDA is a commonly used financial metric for example in the multiple valuation method. To test to what extent it is possible to estimate this value, a series of literature based variables is tested on its correlation towards target variable EBITDA. These insights are used to test the ability of several modeling techniques to estimate EBITDA.