Does the calculator replace a valuation under IDW S 1 or KFS/BW 1?

“No. The calculator provides an indicative value range using the multiples method as a first orientation. Valuations under IDW S 1 (Germany) or KFS/BW 1 (Austria) require an analysis of the business plan, contractual situation and further documents, which an online calculator does not provide. A recognised company valuation is required for decisions of consequence.”