Plastering & Dry Lining Business — Business Valuation Multiple
EBITDA Valuation Guide · Small & Mid-Sized Businesses
Actual EBITDA multiples can vary materially based on EBITDA size, growth, recurring revenue, margins, customer concentration, owner dependence, geography and other company-specific factors.
Min
1.5×
Typical
2.5×
Max
3.5×
Revenue Model
Project-based
Capital Intensity
Low
A typical multiple of 2.5× EBITDA reflects mid-market transactions in the $1–$50M revenue range.
Overview
Plastering and dry lining businesses typically trade at 1.5×–3.5× EBITDA. Residential housebuilder subcontract income, commercial refurbishment project relationships, and multi-trade capability support the upper end. Low barriers to entry and project-based income without recurring revenue are persistent valuation constraints.
Key Value Drivers
- Housebuilder subcontract income
- Commercial refurbishment project relationships
- Multi-trade capability
- Skilled tradespeople team
- Efficient project management and quality record
Key Risks
- Low barriers to entry
- Project-based income without recurring revenue
- Labour cost and availability
- Material cost (boards, compounds, beads)
- Payment terms from main contractors
Related Industries
Disclaimer: All multiples are indicative estimates only and are not formal valuations or investment advice. They should not be relied upon for financial decision-making without independent professional advice.