Hix Industries Incorporated
How we got $1.4M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HIX INDUSTRIES INCORPORATED this business | $3.1M | — |
| FOUNDATION STOCKS LLC Wetumka · 4 employees | $2.0M | 11.6 mi |
| C & H TOOL & MACHINE, INC. Ada · 3 employees | $4.2M | 27.5 mi |
| CHARLES RAY WELDING, LLC Wanette · 1 employees | $326K | 46.8 mi |
| GENESIS METAL CORPORATION Beggs · 12 employees | $5.7M | 48.4 mi |
| PAS MRO INC. Bristow · 17 employees | $14.5M | 51.2 mi |
| ALL STAR METAL INC Mounds · 3 employees | $1.1M | 56.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $444K |
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 | $1.4M |
| Multiple for this size and industry | 3.2× |
| Value range | $748K – $1.9M |
| Revenue range | $2.0M – $3.6M |
| EBITDA range | $292K – $506K |
| Industry (NAICS) | Industrial Valve Manufacturing (332911) |
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
People & advisors
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/6/2020 | first | $58K | 5 |
About Hix Industries Incorporated
Hix Industries Incorporated is an industrial valve manufacturing company in Wanette, Oklahoma. Its estimated annual revenue is about $3.1M, with roughly $444K of EBITDA. It has about 5 employees. Its estimated business value is $1.4M (likely range $748K–$1.9M).
Common questions
- Who owns Hix Industries Incorporated?
- The owner of Hix Industries Incorporated 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 Hix Industries Incorporated make?
- SeeBITDA estimates Hix Industries Incorporated's annual revenue at about $3.1M (likely between $2.0M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hix Industries Incorporated worth?
- About $1.4M, roughly 3.2× its estimated EBITDA of $444K, typical for a industrial valve manufacturing company its size. Likely range: $748K–$1.9M.
- How many employees does Hix Industries Incorporated have?
- About 5, as reported on its PPP loan.