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	$171B	4.6x	50.9x
Siemens Energy	$136B	2.9x	26.8x
SLB	$80.9B	2.3x	9.6x
Baker Hughes	$57.9B	2.1x	12.2x
Sandvik	$51.5B	3.8x	16.3x
Doosan Enerbility	$43.8B	3.8x	45.9x
China Energy Engineering	$43.6B	0.6x	8.4x
China Energy Engineering	$43.4B	0.6x	8.3x
Halliburton	$34.7B	1.6x	8.4x
Bloom Energy	$33.9B	17.9x	147.4x
Vestas	$27.5B	1.2x	11.2x
First Solar	$24.8B	4.9x	11.5x
Jiangsu Hengli Hydraulic	$20.2B	13.2x	40.6x
Tenaris	$20.1B	1.7x	7.0x
Goldwind Science	$19.9B	1.8x	18.3x
Sunrun	$18.5B	7.7x	45.2x
LONGi	$18.0B	1.8x	54.7x
SBM Offshore	$14.3B	2.8x	8.6x
Maxwell Technologies	$13.8B	11.4x	63.9x
Chart Industries	$12.6B	2.8x	11.5x
Jereh Group	$12.2B	5.2x	20.0x
Chuantou Energy	$11.9B	47.2x	14.0x
Jinko Solar	$10.9B	1.1x	12.3x
Trina Solar	$10.8B	1.0x	21.0x
CSI Solar	$9.8B	1.7x	12.5x
NOV Inc.	$7.9B	0.9x	7.9x
Siemens Energy India	$7.9B	8.7x	44.9x
Nordex	$7.7B	0.9x	10.9x
GE Vernova T&D India	$7.5B	12.4x	52.4x
Archrock	$7.5B	5.0x	8.9x
Weatherford	$7.2B	1.5x	6.9x
Canadian Solar	$7.1B	1.2x	11.4x
Suzlon Energy	$6.8B	3.9x	21.4x
Seatrium	$6.5B	0.8x	9.5x
USA Compression	$5.6B	5.6x	9.1x
Xinyi Solar	$5.6B	2.1x	10.0x
AIKO Solar	$5.5B	2.2x	19.6x
Modec	$5.2B	1.3x	11.1x
JinkoSolar	$5.2B	0.5x	78.0x
NuScale Power	$5.1B	121.5x	-8.7x
Enphase Energy	$4.9B	3.3x	10.7x
Itron	$4.3B	1.8x	12.0x
Plug Power	$4.3B	6.1x	-7.2x
Solaria Energia	$4.2B	11.8x	13.5x
Sany Heavy Energy	$3.7B	1.1x	11.3x
GoodWe Technologies Co	$3.3B	2.8x	43.1x
Premier Energies	$3.3B	3.9x	13.4x
Cactus	$3.3B	3.1x	9.5x
LAPLACE	$3.1B	3.8x	n/a
TerraVest Industries	$3.0B	2.8x	14.9x
Aegis Vopak Terminals	$2.6B	29.4x	38.6x
Array Technologies	$2.5B	2.0x	13.2x
National Energy Services	$2.3B	1.8x	8.5x
Landis+Gyr	$2.1B	1.6x	12.4x
BW Offshore	$2.1B	4.1x	8.2x
CIMC Enric	$2.1B	0.5x	6.8x
Viridien	$2.0B	1.7x	3.8x
Inox Wind	$2.0B	3.3x	16.7x
SolarEdge	$2.0B	1.7x	-14.7x
Friedrich Vorwerk Group	$2.0B	2.5x	11.8x
Power Solutions Intl	$1.9B	2.7x	16.1x
Shoals	$1.7B	3.6x	16.0x
Innovex International	$1.7B	1.8x	9.5x
Hoymiles Power	$1.6B	5.5x	622.6x
CS Wind	$1.6B	0.8x	5.0x
Aker Solutions	$1.6B	0.3x	3.1x
OSX Brasil	$1.6B	n/a	n/a
Nano Nuclear Energy	$1.6B	n/a	-48.3x
Babcock & Wilcox	$1.5B	2.4x	30.1x
American Superconductor	$1.4B	5.1x	60.8x
Al-Babtain Power	$1.3B	1.8x	8.7x
SMA Solar Technology	$1.3B	0.7x	-20.3x
Core Laboratories	$1.0B	2.0x	14.3x
SP New Energy	$1.0B	n/a	n/a
Energy Vault	$943M	4.9x	-29.8x
Gunkul engineering PCL	$920M	3.3x	8.6x
Ecoener	$887M	7.1x	13.1x
Hunting	$848M	0.8x	5.9x
West Holdings	$820M	2.5x	n/a
Ceres Power Holdings	$784M	17.8x	-18.5x
Spruce Power	$737M	n/a	n/a
2G Energy	$736M	1.6x	18.1x
Forum Energy Technologies	$686M	0.9x	8.2x
SBO	$683M	1.2x	7.8x
Natural Gas Services Gr	$645M	3.8x	8.1x
Ashtead Technology Hldgs	$645M	2.3x	5.8x
Girisim Elektrik Sanayi	$629M	n/a	n/a
Sea1 Offshore	$580M	2.1x	3.8x
thyssenkrupp nucera	$565M	0.6x	47.1x
Oil States International	$565M	0.8x	6.9x
Smart Gunes	$549M	n/a	n/a
EVgo	$498M	1.4x	-42.3x
Alfa Solar Enerji	$399M	n/a	n/a
Aeris Industria	$366M	n/a	n/a
Reach Subsea	$365M	n/a	n/a
KLX Energy Services Hldgs	$344M	0.5x	4.7x
Prosafe	$336M	2.0x	8.8x
ITM Power	$327M	6.9x	-8.1x
Akastor	$321M	8.0x	44.6x
Advanced Innergy Holdings	$315M	1.3x	7.6x
NEL	$280M	2.8x	-8.1x
Wallbox	$271M	1.6x	-7.4x
Tigo Energy	$259M	2.5x	59.2x
AirJoule	$226M	-54.5x	-20.8x
Smart Sand	$214M	n/a	n/a
Drilling Tools Intl	$209M	1.3x	5.6x
DMC Glb	$207M	0.3x	4.8x
Geospace Technologies	$192M	n/a	n/a
AFC Energy	$188M	1289.0x	n/a
Altea Green Power	$188M	6.1x	10.4x
Gigasun	$148M	5.3x	7.6x
Eidesvik Offshore	$147M	n/a	n/a
NorAm Drilling	$132M	1.3x	6.0x
ABL Group	$130M	0.3x	6.9x
Umbrella Global Energy	$120M	n/a	n/a
EiDF SOLAR	$105M	n/a	n/a
Enapter	$100M	4.4x	-8.3x
NCS Multistage Holdings	$88.9M	0.5x	3.8x
Midsummer	$78.0M	n/a	n/a
OMS Energy Technologies	$75.3M	0.4x	1.3x
ML System	$72.2M	n/a	n/a
Sunex	$61.7M	n/a	n/a
Saule Technologies	$60.9M	n/a	n/a
SolTech Energy Sweden	$59.3M	n/a	n/a
XCHG	$57.1M	n/a	n/a
Robit	$56.0M	0.6x	8.3x
Solarium Green Energy	$50.5M	n/a	n/a
ENOGIA	$49.4M	3.5x	21.7x
Otovo	$46.1M	0.7x	-2.0x
E4U akciova spolocnost	$33.9M	n/a	n/a
Recon Technology	$33.4M	3.4x	-3.6x
OXE Marine	$30.1M	n/a	n/a
Rompetrol Well Servs	$29.4M	n/a	n/a
BOOSTHEAT	$19.1M	n/a	n/a
Lemon Sistemi	$19.0M	1.3x	8.1x
ElectroMagnetic	$18.3M	n/a	n/a
Turbo Energy	$16.9M	n/a	n/a
Energeia	$12.1M	n/a	n/a
Remor Solar Polska	$11.9M	n/a	n/a
Profithol	$11.5M	n/a	n/a
Starhedge	$9.2M	n/a	n/a
Petrolia	$8.0M	n/a	n/a
Erato Energy	$6.4M	n/a	n/a
T&T Proenergy	$5.8M	n/a	n/a
Niutech	$5.5M	0.3x	-2.7x
Voolt	$4.6M	n/a	n/a
Foto Volt Eko Energia	$3.4M	n/a	n/a
Windon Energy Group	$1.6M	n/a	n/a
Absolicon Solar Collector	$1.5M	14.8x	n/a
Condmag	$1.2M	n/a	n/a
Gosol Energy Group	$0.5M	n/a	n/a
S.D. Standard ETC	-$15.0M	n/a	n/a
NET Power	-$163M	n/a	0.8x