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	$178B	4.8x	52.8x
Siemens Energy	$121B	2.6x	24.1x
SLB	$78.8B	2.2x	9.3x
Baker Hughes	$54.4B	2.0x	11.4x
Sandvik	$49.5B	3.8x	16.1x
Doosan Enerbility	$45.3B	3.9x	47.5x
China Energy Engineering	$43.3B	0.6x	8.3x
China Energy Engineering	$43.1B	0.6x	8.3x
Halliburton	$34.0B	1.6x	8.2x
Bloom Energy	$33.8B	17.8x	147.0x
Vestas	$28.4B	1.3x	11.7x
First Solar	$25.0B	4.9x	11.6x
Jiangsu Hengli Hydraulic	$21.5B	14.1x	43.4x
Goldwind Science	$19.1B	1.7x	17.6x
Tenaris	$18.8B	1.6x	6.6x
Sunrun	$18.2B	7.6x	44.5x
LONGi	$17.5B	1.7x	53.5x
SBM Offshore	$13.7B	2.7x	8.4x
Chart Industries	$12.6B	2.8x	11.5x
Chuantou Energy	$11.9B	47.3x	14.1x
Jereh Group	$11.6B	5.0x	19.0x
Trina Solar	$10.2B	1.0x	20.0x
Jinko Solar	$9.8B	1.0x	11.1x
CSI Solar	$9.6B	1.6x	12.3x
Maxwell Technologies	$9.6B	7.9x	44.6x
Siemens Energy India	$8.8B	9.6x	49.1x
NOV Inc.	$7.7B	0.9x	7.7x
GE Vernova T&D India	$7.4B	12.0x	50.6x
Suzlon Energy	$7.3B	4.1x	22.7x
Archrock	$7.2B	4.8x	8.6x
Nordex	$7.1B	0.8x	10.2x
Canadian Solar	$7.1B	1.2x	11.3x
Seatrium	$6.8B	0.9x	10.1x
Weatherford	$6.8B	1.4x	6.5x
USA Compression	$5.7B	5.7x	9.3x
NuScale Power	$5.6B	133.6x	-9.6x
AIKO Solar	$5.5B	2.2x	19.4x
Xinyi Solar	$5.4B	2.0x	9.6x
JinkoSolar	$5.2B	0.5x	79.4x
Modec	$5.2B	1.3x	11.3x
Itron	$4.4B	1.9x	12.3x
Enphase Energy	$4.3B	2.9x	9.4x
Solaria Energia	$4.1B	11.7x	13.4x
Plug Power	$4.1B	5.9x	-6.9x
Premier Energies	$3.6B	4.2x	14.5x
Sany Heavy Energy	$3.5B	1.1x	10.8x
TerraVest Industries	$3.3B	3.0x	16.2x
Cactus	$3.2B	3.0x	9.3x
Aegis Vopak Terminals	$2.9B	31.6x	41.5x
GoodWe Technologies Co	$2.6B	2.2x	33.9x
Array Technologies	$2.4B	1.9x	12.5x
LAPLACE	$2.3B	2.7x	n/a
Inox Wind	$2.2B	3.6x	18.3x
Landis+Gyr	$2.1B	1.6x	12.7x
National Energy Services	$2.1B	1.6x	7.6x
CIMC Enric	$2.1B	0.5x	6.7x
BW Offshore	$2.0B	4.2x	8.3x
Viridien	$2.0B	1.7x	3.8x
SolarEdge	$1.9B	1.6x	-14.3x
Power Solutions Intl	$1.9B	2.6x	16.0x
Shoals	$1.7B	3.6x	16.0x
Friedrich Vorwerk Group	$1.7B	2.2x	10.2x
CS Wind	$1.6B	0.8x	5.0x
Nano Nuclear Energy	$1.6B	n/a	-49.8x
Innovex International	$1.6B	1.7x	9.0x
OSX Brasil	$1.6B	n/a	n/a
Aker Solutions	$1.5B	0.2x	3.0x
Hoymiles Power	$1.5B	5.0x	566.3x
Babcock & Wilcox	$1.4B	2.2x	27.8x
American Superconductor	$1.3B	4.9x	58.5x
Al-Babtain Power	$1.3B	1.7x	8.3x
SMA Solar Technology	$1.1B	0.6x	-16.7x
Core Laboratories	$1.0B	2.0x	14.3x
Energy Vault	$990M	5.2x	-31.3x
Gunkul engineering PCL	$916M	3.3x	8.6x
Ecoener	$895M	7.3x	13.3x
SP New Energy	$892M	n/a	n/a
West Holdings	$802M	2.4x	n/a
Hunting	$796M	0.7x	5.6x
Spruce Power	$739M	n/a	n/a
SBO	$696M	1.2x	8.0x
2G Energy	$689M	1.5x	17.2x
Forum Energy Technologies	$670M	0.9x	8.0x
Ceres Power Holdings	$650M	15.0x	-15.5x
Natural Gas Services Gr	$631M	3.7x	7.9x
Girisim Elektrik Sanayi	$618M	n/a	n/a
thyssenkrupp nucera	$583M	0.6x	49.2x
Sea1 Offshore	$578M	2.2x	4.0x
Oil States International	$548M	0.8x	6.7x
Smart Gunes	$544M	n/a	n/a
Ashtead Technology Hldgs	$535M	1.9x	4.9x
EVgo	$496M	1.4x	-42.0x
Alfa Solar Enerji	$404M	n/a	n/a
Aeris Industria	$360M	n/a	n/a
KLX Energy Services Hldgs	$342M	0.5x	4.7x
Reach Subsea	$336M	n/a	n/a
Prosafe	$332M	2.0x	9.0x
Advanced Innergy Holdings	$315M	1.3x	7.8x
Akastor	$299M	7.7x	42.8x
ITM Power	$285M	6.1x	-7.2x
Geospace Technologies	$277M	n/a	n/a
NEL	$270M	2.8x	-8.1x
Wallbox	$266M	1.5x	-7.3x
Tigo Energy	$217M	2.1x	49.7x
DMC Glb	$204M	0.3x	4.8x
AirJoule	$202M	-49.0x	-18.7x
Drilling Tools Intl	$195M	1.2x	5.2x
Smart Sand	$188M	n/a	n/a
AFC Energy	$184M	1278.4x	n/a
Altea Green Power	$180M	5.9x	10.1x
Eidesvik Offshore	$143M	n/a	n/a
Gigasun	$143M	5.2x	7.5x
NorAm Drilling	$133M	1.4x	6.2x
ABL Group	$125M	0.3x	6.8x
Umbrella Global Energy	$118M	n/a	n/a
EiDF SOLAR	$106M	n/a	n/a
Enapter	$99.1M	4.4x	-8.3x
OMS Energy Technologies	$94.4M	0.4x	1.6x
NCS Multistage Holdings	$89.3M	0.5x	3.8x
Midsummer	$88.9M	n/a	n/a
ML System	$71.8M	n/a	n/a
SolTech Energy Sweden	$67.0M	n/a	n/a
Sunex	$61.0M	n/a	n/a
Saule Technologies	$60.1M	n/a	n/a
XCHG	$55.9M	n/a	n/a
Solarium Green Energy	$54.6M	n/a	n/a
ENOGIA	$53.3M	3.8x	23.7x
Robit	$46.8M	0.5x	7.0x
Otovo	$38.6M	0.6x	-1.7x
E4U akciova spolocnost	$33.4M	n/a	n/a
Recon Technology	$33.1M	3.4x	-3.6x
OXE Marine	$31.7M	n/a	n/a
Rompetrol Well Servs	$29.8M	n/a	n/a
Lemon Sistemi	$19.3M	1.3x	8.3x
ElectroMagnetic	$19.0M	n/a	n/a
BOOSTHEAT	$18.8M	n/a	n/a
Turbo Energy	$18.3M	n/a	n/a
Profithol	$11.9M	n/a	n/a
Remor Solar Polska	$11.8M	n/a	n/a
Energeia	$11.8M	n/a	n/a
Starhedge	$8.6M	n/a	n/a
Petrolia	$7.1M	n/a	n/a
McPhy Energy	$6.5M	n/a	n/a
Erato Energy	$6.3M	n/a	n/a
T&T Proenergy	$5.7M	n/a	n/a
Niutech	$5.5M	0.3x	-2.8x
Voolt	$4.3M	n/a	n/a
Foto Volt Eko Energia	$3.3M	n/a	n/a
Absolicon Solar Collector	$1.6M	16.3x	n/a
Windon Energy Group	$1.6M	n/a	n/a
Condmag	$1.2M	n/a	n/a
Gosol Energy Group	$0.6M	n/a	n/a
S.D. Standard ETC	-$17.5M	n/a	n/a
NET Power	-$140M	n/a	0.7x