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Public Comps and Valuation Multiples
for E-Sports

Benchmark revenue and EBITDA valuation multiples for public comps like NIP Group, Nazara Technologies, Better Collective, MNC Digital Entertainment and HUYA.

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Artificial Intelligence
- AI Conglomerates AI Conglomerates
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Communications
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Consumer Internet
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Consumer Retail
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Consumer Services
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E-commerce - Inventory-Based
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- B2B E-commerce B2B E-commerce
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E-commerce - Online Marketplaces
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Energy - by Value Chain
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Financial Services
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FinTech
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Healthcare IT
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Industrials - Capital Goods
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Industrials - Transport & Logistics
- Airlines Airlines
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Industrial Technology
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Life Sciences
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Materials
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Media & Entertainment
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- E-Sports E-Sports
- Events Events
- Gaming - Console & PC Gaming - Console & PC
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Mobility
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Payments
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- Money Transfer Money Transfer
- Payment Service Providers Payment Service Providers
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Real Estate
- Buildings & Property Buildings & Property
- Real Estate Development Real Estate Development
- Real Estate Services Real Estate Services
Services - Commercial
- Environmental & Facilities Services Environmental & Facilities Services
- Leasing & Rental Services Leasing & Rental Services
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- Workspaces Workspaces
Services - Professional
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- BPO Services BPO Services
- Business Consulting Business Consulting
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- Printing Printing
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Software - by Product
- AdTech Software AdTech Software
- Artificial Intelligence Artificial Intelligence
- BI & Analytics Software BI & Analytics Software
- Communication & Collaboration Software Communication & Collaboration Software
- Content Management Software Content Management Software
- Design & Engineering Software Design & Engineering Software
- E-commerce Software E-commerce Software
- ERP Software ERP Software
- Financial Management Software Financial Management Software
- Governance, Risk & Compliance Software Governance, Risk & Compliance Software
- Human Capital Management Software Human Capital Management Software
- Productivity Software Productivity Software
- Sales & Marketing Automation Software Sales & Marketing Automation Software
- Supply Chain Management Software Supply Chain Management Software
- Video & Streaming Software Video & Streaming Software
Software - by Industry
- Automotive Software Automotive Software
- Education Software Education Software
- Energy & Utilities Software Energy & Utilities Software
- Financial Services Software Financial Services Software
- Healthcare Software Healthcare Software
- Industrial Software Industrial Software
- POS & Retail Management Software POS & Retail Management Software
- Professional Services Software Professional Services Software
- Public Sector & Non-Profit Software Public Sector & Non-Profit Software
- Real Estate Software Real Estate Software
- Transportation & Logistics Software Transportation & Logistics Software
- Travel & Hospitality Software Travel & Hospitality Software
Software - Infrastructure
- Cloud Infrastructure Cloud Infrastructure
- Cybersecurity Cybersecurity
- Data Infrastructure Data Infrastructure
- Developer Tools Developer Tools
- DevOps DevOps
- IT Operations Management IT Operations Management
- Network Management Network Management

E-Sports

See analyst estimates and all valuation multiples for E-Sports

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Modern Times Group	$2.0B	1.6x	7.0x
DeNA	$1.5B	1.5x	6.4x
MNC Digital Entertainment	$1.5B	n/a	n/a
Nazara Technologies	$1.1B	4.9x	41.8x
Better Collective	$1.0B	2.5x	8.4x
HUYA	$139M	0.1x	113.2x
NIP Group	$137M	1.2x	n/a
Acer Gaming	$69.6M	n/a	n/a
GameSquare	$44.3M	0.6x	-5.8x
OverActive Media	$24.1M	n/a	n/a
Enthusiast Gaming	$16.9M	n/a	n/a
Esports Entertainment	$0.8M	n/a	n/a
Allied Gaming	-$1.4M	n/a	n/a
Skillz	-$17.8M	-0.2x	0.4x
DouYu	-$87.7M	n/a	n/a