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Veridian Specialty Chemicals

Specialty Chemicals
Revenue
$89.3M
EBITDA
$17.9M
Asking
$142.0M
DCF
$152.3M
8.5x EBITDA
Comparable Co.
$133.4M
7.5x EBITDA
Precedent Tx.
$156.6M
8.8x EBITDA
Asset-Based
$140.8M
7.9x EBITDA
DCF assumptions
WACC
Terminal growth
Forecast horizon
Tax rate
LBO returns
ScenarioIRRMOICExit
Base21.4%2.6xYr 5
Upside29.7%3.4xYr 5
Downside12.1%1.7xYr 5
Sensitivity · EBITDA margin × Revenue growth
5%8%11%14%17%
16%$128.0M$131.2M$134.4M$137.6M$140.8M
18%$132.8M$136.0M$139.2M$142.4M$145.6M
20%$137.6M$140.8M$144.0M$147.2M$150.4M
22%$142.4M$145.6M$148.8M$152.0M$155.2M
24%$147.2M$150.4M$153.6M$156.8M$160.0M
AI commentary
Based on current EBITDA of $17.9M and sector comps at 7.5x–9.0x, indicative range is $128.0M$168.0M. DCF supports the upper end given the 20%+ EBITDA margin trajectory.