“ The other way is by taking the EBITDA , the earnings of a company before interest , tax , depreciation and amortization , and then times that by a valuation multiple as well . That multiple is basically determined by the price other similar companies have been sold for in the past .” McGarry adds that “ Without getting too technical valuation methods can include discounted cash flows ( DCF ) or earnings after tax multiplied by a P / E ratio too . Either way most valuation methods take revenues or bottom line earnings as the starting point to reach a company valuation value ”.

Automation can have a noticeable impact on such valuation calculations , as McGarry explains . “ If you have a successful client-facing automation programme helping you generate revenue , then that increases your revenue number , if you have a higher revenue to

75 Title : Globally recognised automation industry thought leader and practitioner Industry : AI & Automation

Previously one of the Heads of Artificial intelligence & Machine Learning at CitiGroup ( 3rd largest US bank , 17th largest Financial institution globally ). Also previously senior management of Automation ( RPA / Ai ) in UnitedHealth Group (# 5 on the Fortune 500 ). Advisor to the European Union Commission Ai Alliance . Published in The Times Newspaper , Bloomberg InfoMoney and other leading publications . Danilo is an experienced international keynote speaker and recognised as a global thought leader in the realms of Automation , RPA , Ai and Innovation . Ranked as top 10 people in the world for Automation by Thinkers 360 . Previous companies worked for include Motorola , JPMorgan , BNP Paribas , Royal Bank of Canada , UnitedHealth Group & CitiGroup . aimagazine . com