EBITDA or NOPAT? And why does it matter?

A lot of clients ask about valuation methods and the underlying metric we use to value their business – EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) – which is commonly used and often referred to especially around listed companies or NOPAT (Net Operating Profit after Tax). ROI2 prefers NOPAT and we use it […]

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