June 2026
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Largest Computer Hardware Public Companies in Australia
Benchmark revenue and EBITDA valuation multiples for public comps like
Codan, Droneshield, Elsight, SKS Technologies and Audinate Group.
 | Codan designs and sells communications products and metal detection devices. Its global customer base includes military, security, emergency responders, broadcasters, government, humanitarian organizations, utilities, and mining. Earnings are skewed to its communications business. This business provides command center technology used to coordinate public transport, emergency services, utilities, and broadcasting. Codan also produces lightweight radios suitable for attaching to drones. In metal detection, it produces hand-held metal detection devices, sold to organizations and individuals such as gold prospectors and hobbyist treasure hunters. Customers also use this equipment for safety and security. About half of group revenue comes from North America, and one-fourth is from Europe. | $31 | +114% | $6B | $6B | 11.8x | 43.4x | ||
| Droneshield Ltd develops and sells hardware and software for drone detection and security. The principal activity of the company is the development, commercialization, and sales of hardware and software technology for drone detection and security. It has four products: Dismounted, which include RfPatrol Mk2, DroneGun Mk4, Immediate Response Kit (IRK), DroneGun Tactical; On-The-Move includes DroneSentry-X Mk2, Expeditionary Fixed Site (EFS) Kit; Fixed Site includes DroneSentry; and Software includes DroneSentry-C2, Tactical DroneSentry-C2, and DroneOptID. The company provides its solutions to the intelligence community, Government, law enforcement, critical infrastructure, and airports globally. Its geographical segments are the United States and Australia. | $2 | +30% | $2B | $2B | 11.7x | 167.2x | ||
| Elsight Ltd development and commercialisation of the Halo platform for mission-critical applications across defence, homeland security (HLS), and uncrewed systems markets. Provides proprietary software and hardware technology solutions enabling reliable connection confidence for unmanned aerial and ground systems, including drones, robots, and other uncrewed systems. Products include Halo for the Military, Halo for HLS/Public Safety, Halo for Commercial Use, AllSight Management Platform, and HeatSight. Serves Agriculture, Construction and Surveying, Firefighting, First Responders, Mining, Military & Defense, Oil & Gas, Electric & Water Utilities, and Deliveries. Operates in Europe with maximum revenue, Israel, United States of America, and Other foreign countries. | $5 | +316% | $1B | $1B | 48.1x | 140.5x | ||
| SKS Technologies Group Ltd is engaged in the business of providing audiovisual products & solutions, as well as electrical and communications cabling, for the commercial, retail, healthcare, defense, and education markets. It operates in audio-visual, communication, IT, and electrical markets as a reportable segment. | $6 | +370% | $732M | $701M | 3.8x | 41.5x | ||
| Audinate is a founder-led networking technology company for the professional AV industry. Audinate’s Dante protocol is the world’s most widely used protocol for digital audio networking. Over 500 OEM brands license the Dante protocol for around 5,000 products. | $1 | -72% | $126M | $77M | 1.7x | 24.0x | ||
| Veem Ltd is a marine technology company engaged in the production of marine propulsion and stabilization systems for the luxury motor yacht, fast ferry, commercial workboat and defence industries of various countries. Additionally, the company also manufactures bespoke engineered products and services for the marine, defence and mining industries. Revenue is generated mainly from the sale of marine propulsion products, stabilization systems, and related engineering services. | $0 | -44% | $48M | $54M | 1.1x | 8.3x | ||
| Ebang International Holdings Inc is a blockchain technology and Fintech company, that has ASIC chip design capability. Its business is ASIC chip design and Telecommunication. It operates in a single segment selling bitcoin mining machines and related accessories, telecommunication products, providing cryptocurrency exchange services, management and maintenance services, and cross-border payment and foreign exchange services and rental services. Its geographic regions are Mainland China, and Australia. | $2 | -37% | $13M | ($189M) | (28.9x) | 9.3x | ||
| Median | $2 | +30% | $732M | $701M | 3.8x | 41.5x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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