Buyer & Investor / Valuation

Valuation

Analytical valuation records, method comparison and the valuation range against seller asking price.

Valuation records
2
1 approved
Recommended value
₦135M
EBITDA multiple
Seller asking
₦144M – ₦194M
Range published by adviser
Implied position
9.6x
Below asking price
Valuation range — Northbridge Foods Limited
Low ₦116MBase ₦132MHigh ₦150M
Base valuation ₦132M
Recommended ₦135M
Seller asking ₦144M
Method comparison
70%
Recommended vs top of asking
Revenue₦180M
EBITDA₦14M
Entry multiple4.6x EBITDA
AnalystAda Umeh — Analyst
Next review2026-12-10
ReferenceMethodRangeRecommendedMultipleAnalystValuedReviewStatus
VAL-01EBITDA multiple₦116M – ₦150M₦135M4.6x EBITDAAda Umeh — Analyst2026-11-062026-12-10Due in 63 daysApproved
VAL-02Revenue multiple₦123M – ₦160M₦143M4.8x EBITDAFola Ade — Finance2026-11-072026-12-10Due in 63 daysUnder review