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	$173B	4.6x	51.5x
Siemens Energy	$114B	2.4x	22.8x
SLB	$65.6B	1.8x	7.8x
Baker Hughes	$48.0B	1.8x	10.1x
Sandvik	$45.2B	3.4x	14.6x
China Energy Engineering	$42.3B	0.6x	8.1x
China Energy Engineering	$42.2B	0.6x	8.1x
Doosan Enerbility	$35.0B	3.1x	37.2x
Halliburton	$30.1B	1.4x	7.3x
First Solar	$27.8B	5.4x	12.9x
Vestas	$26.2B	1.2x	10.7x
Bloom Energy	$22.2B	11.7x	97.0x
Jiangsu Hengli Hydraulic	$19.5B	12.8x	39.5x
Sunrun	$18.7B	7.8x	50.2x
LONGi	$17.8B	1.7x	55.6x
Tenaris	$17.0B	1.4x	5.9x
Goldwind Science	$15.2B	1.4x	14.2x
SBM Offshore	$13.0B	2.6x	7.9x
Chart Industries	$12.5B	2.8x	11.4x
Chuantou Energy	$12.0B	48.1x	14.3x
Jereh Group	$10.2B	4.4x	16.7x
Siemens Energy India	$10.0B	10.8x	55.8x
Trina Solar	$9.6B	0.9x	18.8x
CSI Solar	$9.4B	1.6x	12.1x
Jinko Solar	$9.4B	0.9x	10.7x
GE Vernova T&D India	$8.7B	14.1x	59.8x
Suzlon Energy	$8.1B	4.5x	25.0x
Canadian Solar	$7.3B	1.3x	11.6x
Archrock	$7.1B	4.8x	8.4x
Maxwell Technologies	$6.9B	5.7x	32.3x
NOV Inc.	$6.8B	0.8x	6.8x
Seatrium	$6.6B	0.8x	9.7x
Nordex	$6.4B	0.7x	9.1x
Weatherford	$6.3B	1.3x	6.0x
USA Compression	$5.4B	5.4x	8.7x
AIKO Solar	$5.3B	2.1x	19.7x
Xinyi Solar	$5.1B	2.0x	9.2x
JinkoSolar	$5.1B	0.5x	74.5x
Premier Energies	$4.3B	5.0x	17.3x
Itron	$4.3B	1.8x	11.8x
Modec	$4.2B	1.0x	9.1x
Solaria Energia	$4.1B	11.7x	13.4x
NuScale Power	$4.1B	97.6x	-7.1x
Enphase Energy	$4.0B	2.8x	8.9x
Plug Power	$3.7B	5.3x	-6.2x
Sany Heavy Energy	$3.4B	1.0x	10.4x
TerraVest Industries	$3.3B	3.1x	16.2x
Aegis Vopak Terminals	$3.3B	35.8x	47.1x
Cactus	$2.8B	2.6x	8.0x
Inox Wind	$2.5B	4.0x	20.4x
Array Technologies	$2.5B	2.0x	13.0x
GoodWe Technologies Co	$2.2B	1.9x	29.1x
Landis+Gyr	$2.1B	1.6x	12.6x
BW Offshore	$2.0B	4.1x	8.2x
LAPLACE	$1.9B	2.3x	n/a
National Energy Services	$1.8B	1.4x	6.5x
Viridien	$1.8B	1.5x	3.4x
Friedrich Vorwerk Group	$1.8B	2.2x	10.5x
SolarEdge	$1.7B	1.5x	-11.8x
Shoals	$1.7B	3.6x	15.9x
CS Wind	$1.7B	0.9x	5.2x
Power Solutions Intl	$1.6B	2.3x	14.1x
CIMC Enric	$1.6B	0.4x	5.1x
OSX Brasil	$1.5B	n/a	n/a
Innovex International	$1.4B	1.5x	8.1x
Aker Solutions	$1.4B	0.2x	2.8x
Hoymiles Power	$1.4B	4.7x	458.0x
Al-Babtain Power	$1.3B	1.7x	8.5x
American Superconductor	$1.2B	4.6x	55.6x
Nano Nuclear Energy	$1.2B	n/a	-37.6x
SMA Solar Technology	$1.1B	0.6x	-16.8x
Babcock & Wilcox	$1.0B	1.6x	20.6x
Gunkul engineering PCL	$950M	3.3x	8.9x
SP New Energy	$920M	n/a	n/a
Core Laboratories	$903M	1.7x	12.3x
Ecoener	$898M	7.2x	13.3x
Energy Vault	$867M	4.6x	-27.1x
West Holdings	$765M	2.3x	n/a
Spruce Power	$730M	8.9x	40.7x
2G Energy	$721M	1.6x	17.7x
Hunting	$691M	0.6x	4.9x
Natural Gas Services Gr	$636M	3.7x	8.0x
Forum Energy Technologies	$615M	0.8x	7.3x
SBO	$604M	1.1x	6.9x
Girisim Elektrik Sanayi	$556M	n/a	n/a
Sea1 Offshore	$549M	2.1x	3.8x
Smart Gunes	$543M	n/a	n/a
thyssenkrupp nucera	$522M	0.6x	42.9x
Ashtead Technology Hldgs	$519M	1.9x	4.8x
EVgo	$505M	1.4x	-42.0x
Oil States International	$471M	0.7x	5.7x
Ceres Power Holdings	$455M	10.4x	-10.9x
Alfa Solar Enerji	$397M	n/a	n/a
Aeris Industria	$351M	n/a	n/a
Prosafe	$339M	2.0x	9.2x
KLX Energy Services Hldgs	$332M	0.5x	4.5x
Reach Subsea	$325M	1.2x	2.8x
Advanced Innergy Holdings	$316M	1.4x	7.9x
Akastor	$280M	7.0x	36.6x
NEL	$267M	2.8x	-7.9x
Wallbox	$266M	1.5x	-7.2x
ITM Power	$261M	5.2x	-6.7x
Meyer Burger Tech	$252M	n/a	n/a
AirJoule	$208M	n/a	n/a
Geospace Technologies	$197M	n/a	n/a
Smart Sand	$187M	0.6x	4.7x
Drilling Tools Intl	$172M	1.1x	4.6x
DMC Glb	$167M	0.3x	3.9x
AFC Energy	$151M	1045.5x	n/a
Altea Green Power	$151M	4.9x	8.3x
Gigasun	$143M	5.3x	7.5x
Eidesvik Offshore	$141M	n/a	n/a
ABL Group	$127M	0.4x	6.7x
NorAm Drilling	$126M	1.3x	5.9x
Umbrella Global Energy	$121M	n/a	n/a
Tigo Energy	$119M	1.2x	30.8x
EiDF SOLAR	$106M	n/a	n/a
Enapter	$105M	4.6x	-8.8x
NCS Multistage Holdings	$90.5M	0.5x	3.9x
Midsummer	$88.5M	15.6x	-12.1x
XCHG	$68.4M	n/a	n/a
ML System	$68.0M	1.5x	-44.3x
SolTech Energy Sweden	$67.1M	0.2x	3.1x
Solarium Green Energy	$62.9M	n/a	n/a
Saule Technologies	$60.5M	n/a	n/a
Sunex	$59.4M	1.0x	-49.4x
OMS Energy Technologies	$53.7M	0.3x	0.9x
ENOGIA	$47.2M	3.3x	21.0x
Robit	$46.4M	0.5x	6.9x
E4U akciova spolocnost	$33.5M	n/a	n/a
OXE Marine	$33.1M	1.7x	-5.7x
Recon Technology	$32.6M	3.3x	-3.5x
Rompetrol Well Servs	$30.4M	n/a	n/a
Otovo	$23.8M	0.4x	-1.1x
ElectroMagnetic	$20.1M	n/a	n/a
Lemon Sistemi	$19.9M	1.4x	8.6x
BOOSTHEAT	$19.0M	n/a	n/a
Turbo Energy	$17.3M	n/a	n/a
Profithol	$12.2M	n/a	n/a
Energeia	$11.9M	n/a	n/a
Remor Solar Polska	$11.8M	n/a	n/a
Starhedge	$7.8M	n/a	n/a
Petrolia	$6.7M	n/a	n/a
McPhy Energy	$6.6M	0.4x	-0.1x
Erato Energy	$6.3M	n/a	n/a
T&T Proenergy	$5.7M	n/a	n/a
Niutech	$5.7M	0.3x	-2.9x
Voolt	$4.4M	n/a	n/a
Foto Volt Eko Energia	$2.6M	n/a	n/a
Windon Energy Group	$1.5M	n/a	n/a
Absolicon Solar Collector	$1.5M	14.2x	n/a
Condmag	$1.1M	n/a	n/a
Gosol Energy Group	$0.9M	n/a	n/a
S.D. Standard ETC	-$17.8M	n/a	n/a
NET Power	-$178M	-64822.1x	0.9x