How much is a equipment OEM worth by size band?
Aftermarket parts and service mix lifts the multiple. A project OEM with no installed base sits lower.
Aftermarket parts and service mix lifts the cell. A project OEM with lumpy bookings and no installed base sits lower. Show the mix in the first table. Do not average a 40% parts book with a one-time machine year.
| machinery / equipment OEMs band | Basis used | Cell | What breaks it |
|---|---|---|---|
| Under $1M SDE | SDE | 2.2x–3.8x | aftermarket mix lifting the cell |
| $1–3M EBITDA | Adjusted EBITDA | 4.5x–6.5x | project OEMs with no installed base sitting lower |
| $3–10M EBITDA | Adjusted EBITDA | 5.5x–7.5x | illustrative $2.3M EBITDA custom with 18 percent parts |
| $10M+ EBITDA | Adjusted EBITDA | 6.5x–9.0x | illustrative $6.0M EBITDA catalog with 40 percent aftermarket |
When is machinery / equipment OEMs valuation an asset-floor conversation?
Illustrative only, custom OEM, ebitda-1-3m: $2.3 million adjusted EBITDA, 18% aftermarket. Range 4.5x–6.5x. POC adjustments belong in QoE.
Illustrative only, catalog OEM with 40% aftermarket, ebitda-3-10m: $6.0 million adjusted EBITDA. Range 5.5x–7.5x, higher in the cell if parts are contractual. Illustrative EV $33–$45 million.
How should a broker opinion on a equipment OEM be used — and not used?
Aftermarket mix lifting the cell belongs in the equipment OEM opinion before anyone quotes a headline. Mixing bases to absorb that fact is how a teaching case becomes marketing. Parts mix is not a cell. Jason Taken will not sign an appraisal to paper over it. Put “aftermarket mix lifting the cell” on this equipment OEM valuation list.
Keep project OEMs with no installed base sitting lower on the size band. A Main Street machinery / equipment OEMs shop does not get a larger-EV print because the teaser sounded institutional. POC honesty can sit in the CIM climate paragraph. It does not move the cell by itself. Put “project OEMs with no installed base sitting lower” on this equipment OEM valuation list.
Skip illustrative $2.3M EBITDA custom with 18 percent parts and the equipment OEM number is a brochure. The floor test still has to run. If orderly liquidation plus clean NWC beats earnings, say so. Installed-base moat does not get a vote. Put “illustrative $2.3M EBITDA custom with 18 percent parts” on this equipment OEM valuation list.
A court that wants a certified appraisal needs an appraiser. This machinery / equipment OEMs page still insists on illustrative $6.0M EBITDA catalog with 40 percent aftermarket plus a named band. Search-fund medians are a different animal (Source: Stanford GSB). Keep that print off the wrong equipment OEM. Put “illustrative $6.0M EBITDA catalog with 40 percent aftermarket” on this equipment OEM valuation list.
Change POC adjustments belonging in QoE and the equipment OEM teaching case moves. That is the point of naming the process. Illustrative cases on this page are not offers. Parts mix describes the operating year, not the method. Put “POC adjustments belonging in QoE” on this equipment OEM valuation list.
Pick SDE or adjusted EBITDA by size, then apply mix in the first table. Slogans do not get a vote on machinery / equipment OEMs. Jason Taken will not sign an appraisal. The broker opinion still has to be honest about this item. Put “mix in the first table” on this equipment OEM valuation list.
Do not import a larger-EV print onto a Main Street machinery / equipment OEMs shop because size-band SDE still first on small custom builders sounded institutional. Name the band. Name the process. Then talk. Put “size-band SDE still first on small custom builders” on this equipment OEM valuation list.
If broker opinion that will not invent an OEM print points at an asset floor, the equipment OEM opinion should say so in the first table, not in a footnote. IP assignment does not hide a liquidation story. Put “broker opinion that will not invent an OEM print” on this equipment OEM valuation list.
Asset-floor talks on unfinished machines is a method input on machinery / equipment OEMs, not a marketing adjective. If you cannot source it, drop the cell and talk iron plus net working capital. Put “asset-floor talks on unfinished machines” on this equipment OEM valuation list.
Control generation, certificate status, and Stanford medians refused as machinery law should sit in the same paragraph of a equipment OEM opinion. Splitting them is how a 5x story gets invented. Put “Stanford medians refused as machinery law” on this equipment OEM valuation list.
Broker opinions on this site refuse to invent a equipment OEM print. Retainage haircuts inside value is one of the reasons. If you need a court-ready number, hire an appraiser. Put “retainage haircuts inside value” on this equipment OEM valuation list.
Where this machinery / equipment OEMs cell sends you next depends on one-time machine years refused as the base. If the item holds, read the hub and the buy page. If it fails, stay on the floor test. Put “one-time machine years refused as the base” on this equipment OEM valuation list.
The equipment OEM cell moves when illustrative $6.0M EBITDA catalog with 40 percent aftermarket moves. Say that in the first paragraph of the opinion. POC honesty can sit in a footnote. It should not sit in the multiple. Put “illustrative $6.0M EBITDA catalog with 40 percent aftermarket” on this equipment OEM valuation list.
An illustrative machinery / equipment OEMs case that ignores POC adjustments belonging in QoE is decoration. The tables on this page assume the item is named. Installed-base moat is not an input to the cell. Put “POC adjustments belonging in QoE” on this equipment OEM valuation list.
Haircut language belongs next to mix in the first table, not in a general “risks” paragraph. On machinery / equipment OEMs, a buried haircut is a lie. IP assignment is not the haircut. Put “mix in the first table” on this equipment OEM valuation list.
If size-band SDE still first on small custom builders is the reason a equipment OEM should sit at the discount end of the band, say “discount end.” Do not average it with a certified lot. Parts mix is not an average. Put “size-band SDE still first on small custom builders” on this equipment OEM valuation list.
SDE versus EBITDA is a size-band choice. Broker opinion that will not invent an OEM print is a process test. Do not use one to dodge the other on machinery / equipment OEMs. POC honesty is neither. Put “broker opinion that will not invent an OEM print” on this equipment OEM valuation list.
GF Data-style larger-EV prints stay off a Main Street equipment OEM unless the earnings base matches. Asset-floor talks on unfinished machines will not drag a small file into that series. Installed-base moat will not either. Put “asset-floor talks on unfinished machines” on this equipment OEM valuation list.
Teaching cases on this equipment OEM page change when Stanford medians refused as machinery law changes. That is intentional. It is not an offer. IP assignment is not a case. Put “Stanford medians refused as machinery law” on this equipment OEM valuation list.
Use this equipment OEM opinion to negotiate and to write a teaser. Do not staple it to a lender form and call retainage haircuts inside value appraised. Parts mix is not an appraisal standard. Put “retainage haircuts inside value” on this equipment OEM valuation list.
A lapsed certificate and one-time machine years refused as the base can both knock a equipment OEM out of a premium cell. Name which one you are talking about. POC honesty is not a certificate. Put “one-time machine years refused as the base” on this equipment OEM valuation list.
Split the trailing twelve months when aftermarket mix lifting the cell lives in only part of the equipment OEM book. A blended multiple is a slogan. Installed-base moat is not a split. Put “aftermarket mix lifting the cell” on this equipment OEM valuation list.
Asset-floor math on a equipment OEM is addition, not a vibe. Iron plus clean NWC versus earnings. Project OEMs with no installed base sitting lower often decides which story wins. IP assignment does not add. Put “project OEMs with no installed base sitting lower” on this equipment OEM valuation list.
When this equipment OEM cell is honest, illustrative $2.3M EBITDA custom with 18 percent parts is already in the sentence. If you have to hide it to keep a headline, the headline is wrong. Parts mix is not a headline. Put “illustrative $2.3M EBITDA custom with 18 percent parts” on this equipment OEM valuation list.
Where does this machinery / equipment OEMs cell send you next?
Use the machinery / equipment OEMs hub to keep the process named. Sell and buy carry the transaction versions. Parent method: manufacturing business valuation. Buyer comparison: how each buyer type prices a manufacturer.
This machinery / equipment OEMs valuation page will not sign an appraisal or import a neighbor cell. Counsel, a CPA, and credentialed environmental or M&E professionals own the licensed questions.
How an equipment-OEM value splits by backlog
An OEM with engineered backlog and service parts is not a job shop that once built a machine. Warranty reserves and installed-base service change earnings quality. Keep the size band off a fabrication multiple.