The Enterprise Value to Equity Value Bridge - also known as the “net debt bridge” enables you to quickly capture your valuation object’s unique relationship between EV and EQV, allowing you to personalize your valuation by including debt, pensions, investments, and more. This allows an easy overview on the Valuation Overview Screen, where you can switch between the two values at the click of a button.

By default, the Net Debt bridge shows the last full "Actual" year data. I.e. a valuation in 2021 would show the Net Debt data for 2020.

Also by default, it will take your Cash and Debt positions from your Financial Projections, regardless of whether you choose to upload an Excel file or use the Peer Estimates. However, you can overwrite these positions, for example when you have intra-year financials such as half-year or quarterly financial statements.

The main benefit is that you can quickly personalize your valuation, adding key considerations at speed. By clicking on “add custom positions”, you can create your own positions in the Net-Debt Bridge, and class them as positive or negative. Once completed, a green feedback prompt will show it has been added and considered within your valuation calculation.

Custom positions could include:

The best practice is to include any interest-bearing liabilities as part of the debt.

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