Over three-quarters (78%) of valuation experts say they use RMA for financial benchmarking data, according to a recent survey by BVR. Coming in second is Bizminer, cited by 28% of respondents (see below). Just over 50 practitioners responded to this survey.
RMA |
78% |
Bizminer |
28% |
Integra (Microbilt) |
8% |
Internally developed data |
4% |
Other |
24% |
The “Other” category includes a number of resources, most of which just a single respondent cited, including IBISWorld, Cap IQ, S&P Global Intelligence, Business Reference Guide, Vertical IQ, and trade association data. Also, the majority (80%) only use one resource, and most of the respondents say they use these data weekly.
In a 2018 BVR survey (which had 160 respondents), IBISWorld was No. 1 (cited by 57%) and RMA was second (at 47%). We have heard that IBISWorld has had some reliability issues, so that may partly explain the drop in its use.