Most mining services businesses in Canada change hands at a multiple of their normalized earnings, typically EBITDA (earnings before interest, taxes, depreciation, and amortization), adjusted for owner add-backs. The multiple itself depends on your size, location, growth trajectory, and how much the business depends on you, the owner.
Mining services companies are valued on their contracts with operators, safety record, and owned equipment. Master service agreements with established mines, a strong safety record, and a modern fleet lift value; single-client concentration, commodity-cycle exposure, and owner-led operations weigh it down.
Pushes the number up
- Master service agreements with established operators
- A strong safety record and certifications
- An owned, modern equipment fleet
- Skilled crews and supervisors who stay
Pulls the number down
- Concentration in one mine or operator
- Commodity-cycle exposure
- Aging equipment due for replacement
- Owner holds the key relationships
You put in your numbers. We show you two things.
Market data: Sector-specific transaction multiples based on aggregated business transaction reports. Updated quarterly.
Peer benchmarks: Estimates from verified owners in your sector and size range. See what similar businesses are worth, and compare your own expectations against market data and transaction multiples.
Takes about three minutes.
No pitch. No account required. Just your numbers in, and market context out.
Get My InsightsMining services companies are valued as a multiple of normalized EBITDA, alongside owned equipment. Contracts, safety, customer diversity, and owner dependence all move the number. Clariva shows the benchmark range for your size and province.
Higher for companies with master service agreements and a modern fleet; lower for those concentrated in one operator or exposed to the commodity cycle. Enter your numbers to see your range.
Yes. A strong safety record is often required to hold contracts with major operators, and it reduces a purchaser risk, which supports a stronger offer.
No. The estimate is for benchmarking and context only, and does not replace a formal business valuation. For a transaction, work with an M&A advisor or a Chartered Business Valuator (CBV).
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Not financial advice. Clariva is a data aggregation and compilation tool. All ranges shown on this platform are derived from publicly available transaction data and anonymized user submissions, and are provided for informational and benchmarking purposes only. Nothing on this platform constitutes a formal business valuation, financial advice, or a recommendation to buy or sell. Consult a qualified M&A advisor, Chartered Business Valuator (CBV), or legal counsel before making any financial or transactional decisions. Individual data is never shared or sold. Anonymized, aggregated insights may be used for industry research. You can request deletion of your data at any time by emailing tanner@clariva.ca.