Valuation benchmarks for Advertising and Marketing Services Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
Public companies in this group deliver integrated advertising and marketing services spanning media placement, promotional products, and retail activation. Business models combine fee-based agency work, media network monetization, and product sales to drive campaign execution for brands. They are grouped as public trading comparables because revenues are tied to marketing spend, multi-channel capabilities, and scale in audience reach, with similar margin profiles and demand cycles across advertising and promotion.
Typical offerings include out-of-home advertising networks and street furniture placements, digital media planning and buying across programmatic display and video, creative marketing communications and content production, promotional products and branded apparel manufacturing, shopper marketing and retail merchandising services, in-store demonstrations and experiential activations, and research and insights with data-driven analytics. Many also provide digital transformation consulting and omnichannel campaign management with measurement, attribution, and performance optimization.
Primary customers are consumer brands, CPG manufacturers, and retailers seeking to build awareness, drive trial, and increase sell-through. Valuation benchmarks emphasize organic revenue growth, gross and EBITDA margin stability, client retention and wallet-share expansion, utilization and yield of media inventory, and mix of recurring contracts versus project work. End-market exposure to retail and digital advertising spend informs cyclicality, pricing power, and scalability of operations.
2. Valuation Analysis: Public Trading Comps & Multiples for Advertising and Marketing Services Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Advertising and Marketing Services Companies sector
Description: Public companies in this group deliver integrated advertising and marketing services spanning media placement, promotional products, and retail activation. Business models combine fee-based agency work, media network monetization, and product sales to drive campaign execution for brands. They are grouped as public trading comparables because revenues are tied to marketing spend, multi-channel capabilities, and scale in audience reach, with similar margin profiles and demand cycles across advertising and promotion.
Description:
Provider of out-of-home advertising, online advertising, billboards, and street furniture, offering fully integrated digital communication solutions to customers across various markets including Germany, Poland, Spain, the Netherlands, Belgium, and the United Kingdom.
Key Products:
Out-of-home Advertising: Various outdoor media including traditional posters and digital screens
Online Advertising: Digital ads and video ads on multiple platforms
Street Furniture: Advertising solutions on bus shelters and tram stop shelters
Digital Communication Solutions: Fully integrated digital advertisement strategies
Smart City Infrastructure: Development and management of digital information systems and smart urban furniture.
Description:
Provider of promotional merchandise through direct marketing, offering customized logo printing, design, and shipment services for products such as bags, pens, mugs, apparel, business gifts, and trade show displays in North America, the UK, and Ireland.
Key Products:
Custom Printed Bags: Promotional bags with customized logos and designs
Branded Apparel: Embroidered clothing items for business promotion
Logo Pens: Customizable pens with company logos
Trade Show Displays: Full-size displays for promotional events
Business Gifts: Personalized gifts for corporate branding
Valuation FAQ: Advertising and Marketing Services Companies
What is the current median EV/Revenue multiple for Advertising and Marketing Services Companies?
Based on our index of public trading comparables, the median Enterprise Value to Revenue (EV/Rev) multiple for the Advertising and Marketing Services Companies sector is currently
β.βx.
High-growth peers in the top quartile are trading at
ββ.βx.
View full data.
What is the average EV/EBITDA multiple for companies in this sector?
Profitable companies in the Advertising and Marketing Services Companies sector trade at a median EV/EBITDA multiple of
ββ.βx.
This represents a change vs the 5-year historical average.
Our platform tracks EBITDA multiples for Advertising and Marketing Services Companies and other key peer groups.
How have valuation multiples for Advertising and Marketing Services Companies trended over the last 5 years?
Valuations have adjusted since 2021.
The sector saw peak multiples of ββ.βx EV/Revenue, settling to a 5-year average of β.βx today.
Access our Historical Trends chart for granular monthly data.
What are recent M&A transaction multiples in the Advertising and Marketing Services Companies space?
Recent precedent transactions indicate implied enterprise values ranging from
β.βx to
ββ.βx Revenue.
Private market deals often trade at a liquidity discount compared to public peers.
Unlock the full list of precedent transactions.
Which public companies are used as trading comps for Advertising and Marketing Services Companies?
The primary trading comparable group includes Advertising and Marketing Services Companies.
Key constituents used for benchmarking include large-cap leaders and specialized mid-cap players.
See the full list of companies in the Public Trading Comps section.
How do I value a private company in the Advertising and Marketing Services Companies sector?
Valuing a private Advertising and Marketing Services Companies company typically involves applying current
EV/Revenue and EV/EBITDA multiples from public peers to the private company's financial metrics.
A discount for lack of marketability (DLOM) of 20-30% is often applied.
Our private company valuation database provides the exact multiples needed for this calculation.
What are the Advertising and Marketing Services Companies industry valuation multiples for 2025?
For 2025, the Advertising and Marketing Services Companies industry is trading at a median EV/Revenue multiple of
β.βx.
This reflects current market sentiment, interest rates, and growth expectations.
Access our platform to see how these multiples have changed from 2024 to 2025.
What is the difference between trading comps and transaction multiples for Advertising and Marketing Services Companies?
Trading comps look at how public markets value similar companies today, while
transaction multiples (or precedent transactions) look at the price paid in past M&A deals.
Transaction multiples often include a "control premium," typically resulting in higher valuations than trading comps.
Our database tracks both trading multiples and M&A transaction multiples.
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