Skip to content

Transaction multiples in infrastructure valuation

When to use transaction multiples alongside a DCF in energy and infrastructure valuation and what to do when the two disagree, with a review of 2024.

Webinar · Recording · Presented by Ben Morris · 23 January 2025

Discounted cash flow (DCF) analysis is the main approach in energy and infrastructure valuation. This webinar asks when transaction multiples should be used as well, and how valuers deal with multiples that point to a different answer from the DCF.

It also reviews valuation in 2024 and looks ahead to 2025.

Learn financial modelling in a room

Hands-on courses in person and online, taught to more than 20,000 people on one modelling standard.

Best Practice Project Finance Modelling

Build and sensitise robust cashflow models from scratch, faster in Excel. Hands-on, practitioner-led, in person or online. See dates and book your place.

View full course details: Best Practice Project Finance Modelling

Advanced Project Finance Modelling

Debt sizing, covenant monitoring, DSRAs and integrated three-way statements. Hands-on, practitioner-led training, in person or online. See dates and book.

View full course details: Advanced Project Finance Modelling

Financial Model Review

Error classes, testing technique and where AI-assisted financial model review earns its place. 1-day course from our award-winning Model Audit team.

View full course details: Financial Model Review

Browse all training courses

More on this topic

Webinars

Discounted cash flow in financial models

Discounted cash flow (DCF), the main approach to valuing infrastructure assets.

Sum of the parts as a valuation method

How the sum‑of‑the‑parts method values a business made up of several parts.

Services

Valuations & Advisory

Valuations and transaction advice across multiple markets, from the team behind our quarterly energy and infrastructure valuation updates.

Learn to build these models yourself

We run public and in-house courses across the full financial modelling curriculum.