In France right now, established service‑based businesses (especially smaller, owner‑operated ones) are often valued at relatively modest multiples compared to big tech or global deals you’ll commonly see EBITDA multiples in the ~3–5× range and revenue multiples around ~0.8–1.0× for typical services, with slightly higher figures as the business gets bigger and more stable.

For established service-based businesses in France, buyers typically see EBITDA multiples in the range of about ~3x–5x EBITDA for small to mid-sized targets, rising toward ~5x or slightly above for larger, well-performing services firms. Revenue multiples are normally below 1x (often ~0.8x–1.0x) for traditional services, though high-growth or tech-enabled services can command modestly higher revenue multiples.