Best Business Valuation Software & Tools [2026]

Business valuation software helps owners, brokers, and advisors estimate the fair market value of a company using recognized methods like SDE multiples, EBITDA multiples, discounted cash flow analysis, and comparable transaction benchmarks. This roundup compares the six most widely used business valuation tools in 2026 across pricing, methodology, industry data coverage, report quality, and target audience so you can choose the right tool for your situation.

Business Valuation Software Comparison Table

ToolPricingMethodsIndustriesBest For
ValzuraFree + $199/report643SMB owners, brokers
BizEquityNot publicN/ALargeFinancial advisors
ValuAdder$275 once15+20K compsValuation pros
ExitAdviser$99–258/yrBasicNoneBusiness sellers
Equidam$3,500/yr5StartupStartups/VCs
CalcXMLFree1NoneQuick estimates

Valzura

Best overall for SMB owners and advisors

Top Pick

Pricing

Free | $199 single report

Methods

6 methods (SDE, EBITDA, Revenue, DCF, Asset-based, Precedent)

Industry Data

43 industry-specific multiples

Best For

Business owners planning exits, brokers, CPAs

Strengths

  • Free tier with unlimited valuations
  • Six valuation methods covering all standard SMB approaches
  • 43 industry-specific multiples from real transaction data
  • Professional 20+ page PDF reports with scenario modeling
  • Exit planning toolkit with NDA, LOI, and due diligence templates
  • QuickBooks and Xero integration for automatic data import
  • Sellability score and buyer readiness assessment
  • White-label option for advisors and brokers

Limitations

  • No business-for-sale marketplace or buyer matching
  • Newer platform with a smaller brand footprint than some competitors

BizEquity

Large dataset, advisor-only access

Pricing

Not public (advisor/enterprise, contact sales)

Methods

Proprietary methodology (undisclosed)

Industry Data

Large proprietary dataset

Best For

Financial advisors and wealth management firms

Strengths

  • One of the largest business valuation datasets in the industry
  • Established brand with millions of valuations processed
  • Trusted by major financial advisory firms

Limitations

  • Not sold self-service to business owners (advisor-distributed)
  • Access typically requires going through an advisor or partner firm
  • Methodology details not publicly disclosed
  • No free tier or trial available to business owners

ValuAdder

Most methods, desktop-only

Pricing

$275 one-time purchase

Methods

15+ methods (broadest selection)

Industry Data

~20,000 comparable companies

Best For

Valuation professionals who need specialized methods

Strengths

  • 15+ valuation methods, the widest selection available
  • One-time purchase with no recurring fees
  • Includes niche methods used in formal appraisals
  • Direct access to individual comparable transactions

Limitations

  • Desktop-only Windows software with a dated interface
  • Small comparable database (20,000 companies)
  • No cloud access, mobile support, or automatic updates
  • No QuickBooks/Xero integration
  • No PDF report designer or exit planning tools

ExitAdviser

Best for listing and selling a business

Pricing

$99–$258/year

Methods

Basic calculator (limited methods)

Industry Data

No industry-specific multiples

Best For

Business owners ready to list and sell immediately

Strengths

  • Business-for-sale marketplace with buyer matching
  • Sell-side tools for managing the sale process
  • Affordable annual pricing
  • Basic sellability assessment

Limitations

  • Limited valuation methodology (not a dedicated valuation tool)
  • No industry-specific multiples
  • No scenario modeling or sensitivity analysis
  • Basic report formatting

Equidam

Best for startups and fundraising

Pricing

$3,500/year

Methods

5 methods (DCF, Scorecard, Checklist, Comps, VC method)

Industry Data

Startup-sector focused

Best For

Startup founders raising venture capital

Strengths

  • Investor-ready reports designed for fundraising rounds
  • Startup-specific methods (scorecard, VC method)
  • 409A-style documentation for stock option grants
  • Understood and respected by institutional investors

Limitations

  • Extremely expensive at $3,500/year
  • Not designed for established SMBs with earnings history
  • Does not include SDE or EBITDA multiple analysis
  • No exit planning tools for business sales
  • No free tier or trial

CalcXML

Simple free calculator

Pricing

Free (ad-supported)

Methods

1 method (simplified earnings-based)

Industry Data

No industry-specific data

Best For

Quick back-of-envelope estimates

Strengths

  • Completely free with no signup required
  • Simple interface that takes minutes to use
  • Good for a very rough initial estimate

Limitations

  • Single simplified method with no SDE, EBITDA, or DCF
  • No industry-specific multiples or comparable data
  • No reports, no scoring, no analysis tools
  • Ad-supported with limited explanation of methodology

How to Choose Business Valuation Software

The right business valuation software depends on three factors: who you are, what you need the valuation for, and how much you are willing to spend. Here is a practical framework.

If you are an SMB owner planning an exit, benchmarking your company, or preparing for a partner buyout, you need a tool that applies SDE and EBITDA multiples with industry-specific data. These are the methods that drive real SMB transactions. Valzura is designed specifically for this use case, with a free calculator to start and a full professional report available for a one-time $199.

If you are a valuation professional who needs specialized methods like capitalization of earnings, excess earnings, or custom discount rates, ValuAdder's 15+ methods provide the most depth, though you trade modern UX and cloud access for that breadth.

If you are a startup founder raising venture capital, Equidam's investor-ready reports and VC-style methods are purpose-built for fundraising conversations, despite the premium $3,500 price.

If you want to sell your business and need marketplace tools for finding buyers, ExitAdviser combines a basic valuation with listing functionality. Pair it with a dedicated valuation tool for better accuracy.

If you just want a quick sanity check, CalcXML or Valzura's free tier will give you a rough estimate in minutes. The difference is that Valzura uses see multiples for your industry while CalcXML uses a single generic method.

Frequently Asked Questions

What is the best free business valuation software?

Valzura offers the most comprehensive free tier among dedicated business valuation tools. The free plan includes unlimited valuations using SDE, EBITDA, and revenue multiple methods with risk-adjusted results across 43 industries. CalcXML also provides a free online calculator, but it uses a single simplified method without industry-specific multiples. Most other tools (BizEquity, ValuAdder, ExitAdviser, and Equidam) require payment before you can run any valuation. If you want the downloadable PDF report and advanced methods like DCF, Valzura's full report is a one-time $199 purchase with no subscription.

How much does business valuation software cost?

Business valuation software ranges from $0 to $3,500 per year depending on the tool, features, and target audience. Valzura starts at $0 (free tier) with an optional full report for a one-time $199. ValuAdder is a $275 one-time purchase for desktop software. ExitAdviser charges $99 to $258 per year. Equidam costs $3,500 per year and targets startups. BizEquity does not publish self-service pricing; it is sold to advisors and enterprises on a contact-sales basis. Single-report options like Valzura's $199 one-time PDF let you get a professional valuation without any subscription commitment.

Do I need business valuation software or a professional appraiser?

Business valuation software is appropriate for exit planning, partnership discussions, annual benchmarking, SBA loan preparation, and preliminary M&A conversations. A formal appraisal from a certified valuation analyst (CVA or ASA) is typically required for court proceedings, tax disputes, estate planning, ESOP compliance, and divorce settlements. The cost difference is substantial: software ranges from $0 to $3,500 per year, while a formal appraisal costs $5,000 to $50,000. Many business owners start with software to get a baseline estimate and then commission a formal appraisal only if their specific situation requires one.

What valuation methods should business valuation software include?

For SMB valuations, the essential methods are seller's discretionary earnings (SDE) multiples for owner-operated businesses, EBITDA multiples for professionally managed companies, and revenue multiples as a cross-check. Advanced tools should also include discounted cash flow (DCF) analysis for forward-looking projections, asset-based valuation for capital-intensive businesses, and precedent transaction analysis for M&A benchmarking. The best software applies industry-specific multiples to each method rather than using generic formulas, because valuation multiples vary dramatically across sectors.

Can business valuation software replace a business broker?

Business valuation software and business brokers serve different functions. Software determines what your business is worth. A broker finds buyers, negotiates the deal, manages due diligence, and closes the transaction. The valuation is one input into the broker's process, not a replacement for it. That said, having an independent valuation from software gives you a reference point before engaging a broker, helps you evaluate whether a broker's suggested listing price is reasonable, and strengthens your negotiating position. Many brokers themselves use valuation software as a screening tool before accepting listings.

Run Your Free Valuation in Under Five Minutes

Run unlimited free valuations using SDE, EBITDA, and revenue multiples calibrated to your industry. Unlock the full report with scenario modeling when you are ready.