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Head-to-head · Business Valuation Software

Equitest vs Valuation Ultimate

  • Updated Nov 2026
  • Both researched from official sources
  • 6 checks side by side
Equitest #5 in Business Valuation Software 7.9/10 Paid ✓ 5 of 5 features Visit Equitest
Valuation Ultimate #8 in Business Valuation Software 7.9/10 Paid ✓ 5 of 5 features Visit site

Equitest leads on 0 checks, Valuation Ultimate on 0, and 6 are even. Who comes out ahead on the 6 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

Equitest and Valuation Ultimate score identically on our rubric (7.9 out of 10) for business valuation software; Equitest sits at #5 and Valuation Ultimate at #8 in our editorial ranking, so the choice comes down to fit.

Equitest is the better fit for budget-conscious teams modeling valuation scenarios. Valuation Ultimate is the better fit for valuation practitioners needing forecasts and review.

  • Equitest fits best

    Budget-conscious teams modeling valuation scenarios

  • Valuation Ultimate fits best

    Valuation practitioners needing forecasts and review

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Side by side

Feature Equitest 7.9/10 Visit ↗ Valuation Ultimate 7.9/10 Visit ↗
At a glance
Editor score 7.9 7.9
Ranking #5 in Business Valuation Software #8 in Business Valuation Software
Best for Budget-conscious teams modeling valuation scenarios Valuation practitioners needing forecasts and review
Pricing model Paid Paid
Starting price $50/mo $70/unit one-time
Free plan — —
Free trial — —
Deployment Cloud, Browser extension Cloud
Platforms Web Web
Support Live chat Email, Docs
Compliance SOC 2, GDPR 2FA
Built for Solo, Small business, Mid-market, Enterprise Small business, Mid-market
Features Equitest 5/5 · Valuation Ultimate 5/5
DCF model ✓ ✓
Market-multiple method ✓ ✓
Asset-based method ✓ ✓
Scenario analysis ✓ ✓
Report export ✓ ✓
Specs
Historical years Not checked yet Not checked yet
Deployment Web Web
Our review
Pros
  • Supports DCF, market multiples, M&A transactions, and asset-based valuation
  • Includes scenario, sensitivity, and Monte Carlo analysis
  • Exports automated reports as PDF and DOCX
  • Supports DCF, asset-based, transaction, and public-company methods
  • Combines adjustable scenarios with three-way financial forecasts
  • Includes client document uploads, validation checks, and manager review points
Cons
  • Starter limits usage to 5 valuations per month
  • Full M&A database access starts with the Professional plan
  • Expert review costs $750 per report
  • The $70 USD fee applies to each valuation job
  • Focused on valuation work rather than a broad finance workflow
  • Cloud deployment requires an internet-connected web workflow
Our verdict

Equitest is a web-based business valuation and financial analysis platform for accountants, appraisers, investment bankers, business owners, and firms. It covers discounted cash flow, comparable companies, M&A transactions, and asset-based…

Read the review →

Valuation Ultimate is a cloud-based workspace for preparing and reporting business valuations. It is aimed at valuation professionals, accountants, business brokers, CFOs, consultants, and managers who need to evaluate multiple entities or…

Read the review →
  1. EquitestBusiness Valuation Software 7.9Paid
  2. Valuation UltimateBusiness Valuation Software 7.9Paid

Strengths and trade-offs

  • Equitest — where it wins

    • Supports DCF, market multiples, M&A transactions, and asset-based valuation
    • Includes scenario, sensitivity, and Monte Carlo analysis
    • Exports automated reports as PDF and DOCX

    Where it doesn't

    • Starter limits usage to 5 valuations per month
    • Full M&A database access starts with the Professional plan
    • Expert review costs $750 per report

  • Valuation Ultimate — where it wins

    • Supports DCF, asset-based, transaction, and public-company methods
    • Combines adjustable scenarios with three-way financial forecasts
    • Includes client document uploads, validation checks, and manager review points

    Where it doesn't

    • The $70 USD fee applies to each valuation job
    • Focused on valuation work rather than a broad finance workflow
    • Cloud deployment requires an internet-connected web workflow
  • Equitest7.9/10 · Paid

    A broad valuation toolkit with live data, scenario analysis, and credit-based monthly plans.

    Visit EquitestFull verdict →
  • Valuation Ultimate7.9/10 · Paid

    A per-valuation web workspace for modeling business value and preparing reports.

    Visit siteFull verdict →

Equitest vs Valuation Ultimate: questions

Which is better for business valuation software, Equitest or Valuation Ultimate?

Equitest and Valuation Ultimate score identically on our rubric (7.9 out of 10) for business valuation software; Equitest sits at #5 and Valuation Ultimate at #8 in our editorial ranking, so the choice comes down to fit.

How do Equitest and Valuation Ultimate compare?

All 6 checks we put side by side come out level: neither leads on any.

Do Equitest and Valuation Ultimate have a free plan?

Equitest: No. Valuation Ultimate: No.

More comparisons

All business valuation software comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Nov 2026

Last updated · How we research and update