Stone & Tile 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
2.5×
Typical
3.5×
Max
5×
Revenue Model
Project-based
Capital Intensity
Medium
A typical multiple of 3.5× EBITDA reflects mid-market transactions in the $1–$50M revenue range.
Overview
Stone and tile supply and installation businesses typically trade at 2.5×–5× EBITDA. Exclusive stone supply relationships, luxury residential and commercial fit-out client bases, and stone fabrication and CNC machining capability support the upper end. Stone sourcing reliability and high-end consumer spending sensitivity are the primary risk factors.
Key Value Drivers
- Exclusive stone supply relationships
- Luxury residential and commercial fit-out clients
- Stone fabrication and CNC machining capability
- Strong specification with architects
- Bespoke kitchen worktop and bathroom capability
Key Risks
- Stone sourcing and import reliability
- High-end consumer spending sensitivity
- Skilled stone worker availability
- Show room and inventory cost
- Logistics and weight of stone product delivery
Related Industries
Real-World Transaction
Carolina Stone Products → Capstone Holding Corp.
2025 · Stone & Tile Business
Pro Tiler → Topps Tiles plc
2024 · Stone & Tile Business
International Wholesale Tile → Victoria plc
2022 · Stone & Tile Business
These transactions involved companies substantially larger than the $1–$50M SME benchmark and are shown for context, not direct comparison.
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.