Sensitivity analysis
Rerunning the numbers under different assumptions to see which ones move the answer.
Sensitivity analysis in round numbers
Illustrative enterprise-value sensitivity using the fictional Hanil model’s fiscal-year 2025 earnings before interest, taxes, depreciation and amortization (EBITDA) of US$5.83 million. Holding EBITDA and other assumptions constant, assumed multiples of 7×, 8×, and 9× give enterprise values of US$40.81 million, US$46.64 million, and US$52.47 million, respectively. Rounded to one decimal place, these are 40.8, 46.6, and 52.5 million. These are conditional values, not observed sale prices, equity values, or probabilities.