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Largest DeepTech Public Companies

Benchmark revenue and EBITDA valuation multiples for public comps like NVIDIA, Alphabet, Broadcom, Meta and TSMC.

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United States
$202
+85%
$4.9T
$4.8T
19.5x
30.6x
United States
$341
+113%
$4.1T
$4.1T
9.6x
21.3x
United States
$407
+111%
$1.9T
$2.0T
24.0x
35.4x
United States
$689
+25%
$1.7T
$1.8T
8.1x
13.7x
Taiwan
$65
+127%
$1.7T
$1.6T
12.0x
17.1x
United States
$401
+42%
$1.5T
$1.5T
15.2x
101.4x
United States
$234
+50%
$564B
$592B
6.2x
16.5x
South Korea
$763
+538%
$541B
$534B
5.2x
7.1x
United States
$455
+491%
$513B
$509B
6.2x
8.5x
United States
$278
+186%
$454B
$447B
11.7x
52.2x
United States
$69
+241%
$344B
$353B
6.6x
24.4x
United States
$268
+273%
$334B
$332B
15.3x
42.7x
Switzerland
$51
+24%
$327B
$349B
4.4x
11.0x
United States
$397
+163%
$315B
$314B
10.5x
32.8x
China
$66
+96%
$301B
$259B
3.8x
15.9x
United States
$1,791
+155%
$235B
$236B
17.9x
39.5x
Germany
$282
+21%
$215B
$249B
2.6x
14.6x
United States
$230
+44%
$209B
$218B
12.0x
25.8x
United States
$164
+100%
$207B
$196B
20.1x
41.7x
United States
$527
+23%
$196B
$225B
5.0x
19.8x
United States
$151
+96%
$186B
$190B
7.4x
24.5x
United States
$371
+91%
$181B
$186B
15.0x
25.2x
China
$9
+241%
$177B
$177B
1.1x
20.1x
United Kingdom
$167
+46%
$177B
$174B
35.1x
74.7x
United States
$97
-26%
$168B
$173B
3.8x
14.2x
United States
$469
-9%
$167B
$161B
15.3x
35.4x
United States
$234
+11%
$148B
$171B
4.5x
18.2x
Japan
$33
+48%
$147B
$144B
2.1x
13.7x
United States
$136
-8%
$145B
$148B
3.4x
9.2x
United States
$195
-2%
$138B
$153B
6.1x
19.5x
China
$15
-13%
$135B
$134B
1.1x
7.8x
United States
$343
-8%
$131B
$143B
5.6x
19.4x
Japan
$176
+376%
$127B
$126B
18.0x
39.1x
France
$219
+5%
$126B
$138B
4.3x
14.2x
United States
$373
+749%
$126B
$127B
10.7x
29.7x
Japan
$277
+108%
$126B
$124B
8.0x
28.2x
United States
$548
+502%
$123B
$126B
11.4x
34.2x
United States
$140
+139%
$122B
$124B
14.2x
35.9x
United States
$86
+2%
$111B
$130B
3.6x
12.8x
Japan
$192
+1548%
$105B
$111B
7.2x
14.0x
Taiwan
$61
+45%
$98B
$90B
4.7x
23.0x
Japan
$396
+5%
$96B
$88B
12.0x
23.0x
United States
$64
-38%
$95B
$105B
5.1x
16.2x
China
$38
+77%
$89B
$88B
35.9x
107.8x
China
$86
+827%
$86B
$85B
18.3x
39.6x
China
$196
+91%
$82B
$82B
60.3x
172.7x
China
$10
+27%
$77B
$79B
8.0x
15.4x
United States
$81
+80%
$74B
$177B
1.0x
9.2x
United States
$442
+0%
$73B
$82B
6.8x
20.4x
United States
$1,468
+148%
$72B
$71B
23.9x
67.5x
United States
$507
+656%
$72B
$72B
13.3x
75.4x
Germany
$54
+63%
$71B
$77B
4.3x
14.9x
South Korea
$283
+29%
$66B
$78B
4.5x
22.7x
United States
$1,085
+232%
$66B
$65B
21.1x
—
United States
$350
+59%
$65B
$75B
3.4x
19.0x
France
$312
+10%
$64B
$66B
2.5x
16.3x
United States
$894
+1414%
$64B
$66B
24.7x
81.3x
Taiwan
$14
+231%
$62B
$67B
3.1x
16.0x
South Korea
$461
+671%
$61B
$60B
62.8x
7.3x
United States
$380
+413%
$60B
$60B
17.0x
60.8x
United States
$208
+1035%
$59B
$60B
25.0x
170.2x
Germany
$136
-4%
$59B
$70B
2.8x
10.0x
United States
$334
+130%
$57B
$58B
9.7x
33.8x
United States
$163
+26%
$55B
$77B
4.0x
12.2x
Netherlands
$216
+17%
$55B
$64B
5.1x
13.2x
United States
$236
+39%
$54B
$56B
7.4x
23.3x
United States
$13
+29%
$52B
$179B
1.0x
17.1x
United States
$242
-12%
$51B
$51B
6.9x
17.4x
Germany
$45
-17%
$50B
$48B
1.7x
8.7x
China
$69
+42%
$50B
$50B
8.0x
36.1x
Japan
$460
+164%
$50B
$48B
21.0x
38.5x
United States
$589
+36%
$47B
$48B
10.8x
30.6x
United States
$416
+68%
$47B
$50B
5.8x
27.4x
United States
$81
+7%
$47B
$43B
6.9x
22.7x
China
$5
+19%
$45B
$40B
2.9x
14.3x
Netherlands
$905
+84%
$44B
$43B
11.0x
29.7x
China
$56
+682%
$43B
$43B
41.9x
88.5x
United States
$79
+71%
$43B
$48B
10.1x
25.8x
China
$16
+41%
$42B
$40B
2.1x
11.8x
China
$48
+350%
$42B
$42B
12.2x
35.8x
Switzerland
$44
+94%
$39B
$36B
3.0x
14.2x
United States
$133
+493%
$38B
$66B
4.4x
39.0x
Taiwan
$66
+254%
$37B
$35B
4.1x
29.6x
Japan
$39
+71%
$37B
$32B
6.0x
22.2x
United States
$26
+63%
$35B
$52B
1.4x
8.2x
Sweden
$65
+35%
$35B
$35B
3.8x
26.6x
Norway
$40
+14%
$35B
$33B
5.2x
31.5x
United States
$122
+13%
$34B
$36B
5.1x
17.4x
Japan
$12
+4%
$33B
$32B
0.7x
5.4x
United States
$83
+109%
$33B
$33B
5.4x
18.3x
China
$40
+1141%
$33B
$33B
13.4x
57.1x
Taiwan
$20
+601%
$32B
$32B
7.1x
32.8x
United States
$328
-6%
$32B
$33B
8.0x
23.8x
Japan
$18
+67%
$32B
$37B
4.3x
11.8x
Japan
$16
+72%
$31B
$29B
1.9x
9.7x
Taiwan
$72
+683%
$30B
$30B
28.8x
76.4x
China
$43
+130%
$30B
$29B
17.7x
67.6x
United States
$55
+56%
$30B
$29B
4.1x
12.1x
United States
$161
+273%
$30B
$28B
21.8x
45.9x
United States
$174
+166%
$30B
$28B
28.3x
74.7x

Financial data powered by FactSet and Morningstar. Valuation multiples as of last 12 months. For more data, start your free trial here.

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