L Myles Smith & Co, PC
How we got $3.2M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 30% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 18 | $3.0M |
| 2020 | Form 5500 | 16 | $2.7M |
| 2021 | Form 5500 | 15 | $2.5M |
| 2022 | Form 5500 | 14 | $2.3M |
| 2023 | Form 5500 | 15 | $2.5M |
| 2024 | Form 5500 | 18 | $3.0M |
| 2025 | Form 5500 | 20 | $3.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Some signs of a sale
- In business 48 years (since 1978)
From public records and the company's website, not a statement that it's for sale.
What they do
L Myles Smith & Co, PC is a comprehensive accounting and consulting firm serving clients across Oklahoma and surrounding states, with a technology-focused approach.
From the company's website. Industry: Accounting & tax.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| L MYLES SMITH & CO, PC this business | $4.5M | — |
| GEORGE R LOUTHAN III CPA PC Edmond · 3 employees | $369K | 0.1 mi |
| PAYROLL & HR SERVICES OF OKLAHOMA LTD Edmond · 130 employees | $14.2M | 0.3 mi |
| PHR SERVICES, LTD. Edmond · 17 employees | $4.1M | 0.3 mi |
| SE GOSS LLC Edmond · 1 employees | $174K | 0.8 mi |
| HAAG & ASSOCIATES INC Edmond · 1 employees | $315K | 1.1 mi |
| VILLAGE FINANCIAL, P.C. Edmond · 3 employees | $517K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $738K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $3.2M |
| Multiple for this size and industry | 4.3× |
| Value range | $1.7M – $4.3M |
| Revenue range | $3.0M – $5.1M |
| EBITDA range | $486K – $842K |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Myles Smith graduated from Central State University (University of Central Oklahoma) and started the firm in 1978.”
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $280K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About L Myles Smith & Co, PC
L Myles Smith & Co, PC is an accounting & tax company in Edmond, Oklahoma, in business since 1978. Its estimated annual revenue is about $4.5M, with roughly $738K of EBITDA. It has about 20 employees. Its estimated business value is $3.2M (likely range $1.7M–$4.3M).
Common questions
- Who owns L Myles Smith & Co, PC?
- The owner of L Myles Smith & Co, PC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does L Myles Smith & Co, PC make?
- SeeBITDA estimates L Myles Smith & Co, PC's annual revenue at about $4.5M (likely between $3.0M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is L Myles Smith & Co, PC worth?
- About $3.2M, roughly 4.3× its estimated EBITDA of $738K, typical for a accounting & tax company its size. Likely range: $1.7M–$4.3M.
- How many employees does L Myles Smith & Co, PC have?
- About 20, from its 2025 retirement-plan filing.
- When was L Myles Smith & Co, PC founded?
- L Myles Smith & Co, PC has been in business since 1978.