Energy Equipment Valuation Multiples and Public Comps

Energy Equipment

See analyst estimates and all valuation multiples for Energy Equipment

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
GE Vernova	$208B	5.6x	61.8x
Siemens Energy	$156B	3.3x	30.9x
SLB	$82.8B	2.3x	9.8x
Baker Hughes	$65.3B	2.4x	13.7x
Sandvik	$56.4B	4.2x	18.0x
Doosan Enerbility	$47.4B	4.0x	49.0x
Bloom Energy	$45.5B	24.0x	197.7x
China Energy Engineering	$43.5B	0.6x	8.2x
China Energy Engineering	$43.2B	0.6x	8.3x
Halliburton	$35.4B	1.6x	8.6x
First Solar	$24.8B	4.9x	11.5x
Tenaris	$24.5B	2.0x	8.5x
Vestas	$23.4B	1.0x	9.5x
Jiangsu Hengli Hydraulic	$21.8B	14.1x	43.3x
Sunrun	$18.6B	7.8x	45.5x
Goldwind Science	$18.3B	1.6x	16.6x
LONGi	$17.2B	1.7x	51.5x
SBM Offshore	$14.3B	2.8x	8.6x
Jereh Group	$13.9B	5.9x	22.5x
Chart Industries	$12.5B	2.8x	11.5x
Jinko Solar	$12.3B	1.2x	13.7x
Chuantou Energy	$12.0B	46.9x	14.0x
Maxwell Technologies	$11.7B	9.5x	53.2x
Siemens Energy India	$11.4B	12.5x	64.2x
Trina Solar	$10.7B	1.0x	20.5x
GE Vernova T&D India	$10.6B	17.5x	74.0x
CSI Solar	$8.4B	1.4x	10.6x
Archrock	$8.3B	5.6x	9.9x
Weatherford	$7.9B	1.6x	7.6x
Nordex	$7.7B	0.9x	11.0x
NOV Inc.	$7.7B	0.9x	7.7x
Canadian Solar	$7.0B	1.2x	11.1x
Seatrium	$6.6B	0.8x	9.6x
Suzlon Energy	$6.4B	3.6x	20.2x
Enphase Energy	$5.9B	4.0x	12.9x
USA Compression	$5.8B	5.8x	9.5x
Xinyi Solar	$5.7B	2.2x	10.3x
AIKO Solar	$5.6B	2.2x	19.7x
Modec	$5.5B	1.3x	11.8x
JinkoSolar	$5.1B	0.5x	77.3x
LAPLACE	$4.5B	5.3x	n/a
Solaria Energia	$4.4B	12.3x	14.0x
Itron	$4.3B	1.8x	11.8x
NuScale Power	$3.9B	93.9x	-6.7x
Premier Energies	$3.5B	4.1x	14.3x
Cactus	$3.5B	3.3x	10.2x
Sany Heavy Energy	$3.4B	1.0x	10.3x
Plug Power	$3.4B	4.8x	-5.7x
Aegis Vopak Terminals	$3.1B	34.0x	44.7x
TerraVest Industries	$2.9B	2.7x	14.1x
GoodWe Technologies Co	$2.8B	2.3x	35.3x
National Energy Services	$2.7B	2.1x	9.6x
Array Technologies	$2.6B	2.1x	13.7x
CIMC Enric	$2.6B	0.7x	8.4x
Power Solutions Intl	$2.4B	3.4x	20.5x
SolarEdge	$2.3B	1.9x	-16.8x
Landis+Gyr	$2.2B	1.6x	12.9x
BW Offshore	$2.2B	4.3x	8.5x
Viridien	$2.0B	1.7x	3.8x
CS Wind	$1.9B	1.0x	5.8x
Friedrich Vorwerk Group	$1.9B	2.4x	11.3x
Shoals	$1.9B	4.0x	17.5x
Inox Wind	$1.9B	3.0x	15.4x
Aker Solutions	$1.8B	0.3x	3.3x
OSX Brasil	$1.6B	n/a	n/a
Innovex International	$1.6B	1.7x	9.2x
Hoymiles Power	$1.6B	5.1x	578.0x
American Superconductor	$1.5B	5.5x	66.4x
Babcock & Wilcox	$1.5B	2.3x	29.4x
Al-Babtain Power	$1.3B	1.8x	8.7x
SP New Energy	$1.1B	n/a	n/a
Gunkul engineering PCL	$1.1B	3.9x	10.1x
Nano Nuclear Energy	$1.1B	n/a	-33.2x
Core Laboratories	$1.0B	1.9x	13.7x
SMA Solar Technology	$998M	0.6x	-15.7x
Hunting	$920M	0.9x	6.5x
Ecoener	$888M	7.1x	13.1x
West Holdings	$839M	2.6x	n/a
2G Energy	$771M	1.7x	19.0x
Forum Energy Technologies	$765M	1.0x	9.1x
SBO	$759M	1.3x	8.7x
Spruce Power	$717M	n/a	n/a
Natural Gas Services Gr	$675M	4.0x	8.4x
Ceres Power Holdings	$667M	15.3x	-15.8x
Ashtead Technology Hldgs	$662M	2.4x	6.0x
Sea1 Offshore	$657M	2.3x	4.3x
Oil States International	$621M	0.9x	7.5x
thyssenkrupp nucera	$602M	0.7x	50.2x
Energy Vault	$565M	3.0x	-17.8x
Girisim Elektrik Sanayi	$559M	n/a	n/a
Smart Gunes	$528M	n/a	n/a
EVgo	$458M	1.3x	-38.8x
Alfa Solar Enerji	$386M	n/a	n/a
Aeris Industria	$376M	n/a	n/a
Akastor	$375M	9.1x	50.9x
KLX Energy Services Hldgs	$349M	0.5x	4.8x
Prosafe	$348M	2.0x	8.9x
Reach Subsea	$345M	n/a	n/a
Advanced Innergy Holdings	$302M	1.2x	7.1x
Wallbox	$273M	1.6x	-7.5x
Tigo Energy	$252M	2.4x	57.6x
ITM Power	$248M	5.3x	-6.2x
NEL	$246M	2.4x	-7.0x
Smart Sand	$239M	n/a	n/a
Drilling Tools Intl	$216M	1.4x	5.8x
DMC Glb	$204M	0.3x	4.8x
AirJoule	$196M	-47.3x	-18.1x
AFC Energy	$186M	1284.8x	n/a
NorAm Drilling	$165M	1.6x	7.3x
Altea Green Power	$165M	5.3x	9.1x
Eidesvik Offshore	$160M	n/a	n/a
ABL Group	$150M	0.4x	7.7x
Gigasun	$146M	5.3x	7.5x
Umbrella Global Energy	$120M	n/a	n/a
Geospace Technologies	$111M	n/a	n/a
Enapter	$98.4M	4.3x	-8.2x
NCS Multistage Holdings	$86.8M	0.5x	3.7x
EiDF SOLAR	$86.0M	n/a	n/a
ML System	$77.3M	n/a	n/a
Otovo	$73.9M	1.1x	-3.2x
OMS Energy Technologies	$72.3M	0.3x	1.2x
Midsummer	$64.7M	n/a	n/a
Saule Technologies	$60.7M	n/a	n/a
Sunex	$57.4M	n/a	n/a
SolTech Energy Sweden	$56.5M	n/a	n/a
XCHG	$53.9M	n/a	n/a
Robit	$52.0M	0.5x	7.7x
ENOGIA	$48.3M	3.4x	21.3x
Solarium Green Energy	$40.6M	n/a	n/a
E4U akciova spolocnost	$33.9M	n/a	n/a
Rompetrol Well Servs	$29.2M	n/a	n/a
OXE Marine	$29.1M	n/a	n/a
Recon Technology	$27.2M	2.8x	-2.9x
ElectroMagnetic	$19.8M	n/a	n/a
BOOSTHEAT	$18.7M	n/a	n/a
Lemon Sistemi	$18.4M	1.3x	7.8x
Remor Solar Polska	$15.1M	n/a	n/a
Turbo Energy	$14.0M	n/a	n/a
Energeia	$12.6M	n/a	n/a
Profithol	$10.4M	n/a	n/a
Petrolia	$9.9M	n/a	n/a
Starhedge	$8.4M	n/a	n/a
Erato Energy	$6.3M	n/a	n/a
Voolt	$5.8M	n/a	n/a
Niutech	$5.8M	0.3x	-2.9x
T&T Proenergy	$5.2M	n/a	n/a
Foto Volt Eko Energia	$3.2M	n/a	n/a
Windon Energy Group	$1.9M	n/a	n/a
Absolicon Solar Collector	$1.4M	13.6x	n/a
Condmag	$1.1M	n/a	n/a
Gosol Energy Group	$0.4M	n/a	n/a
S.D. Standard ETC	-$13.1M	n/a	n/a
NET Power	-$183M	n/a	0.9x