May 2026
📣 VC round data is live. Check it out!
Largest Marine Transportation Public Companies in Estonia
Benchmark revenue and EBITDA valuation multiples for public comps like
Infortar, Tallink Grupp and Tallinna Sadam.
 | Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are Energy, Maritime transport, Real estate, and others. The Energy segment includes biogas production, resale and distribution of natural gas, and sale of electricity; the Real estate includes all companies in the group that lease or develop investment property; Maritime transport includes Tallink Grupp (an affiliated undertaking of the group) and its subsidiaries); and Other segment includes smaller companies that provide services to the aforementioned segments and other smaller enterprises. Its geographic regions are Estonia, Finland, Lithuania, Latvia, the Rest of the European Union, and Countries not in the EU. It generates the majority of its revenue from Estonia. | $55 | +1% | $1B | $2B | 1.0x | 7.1x | ||
| Tallink Grupp AS provides marine passenger and cargo transportation services in the Baltic Sea. The company operates a total fleet of vessels that include cruise ferries, high-speed ro-pax ferries, and ro-ro cargo vessels. In addition, the Group operates three hotels in Tallinn and one in Riga, and also restaurants of the fast-food chain in Estonia, Latvia, and Lithuania. It offers services on various routes between Estonia, Finland, Sweden, and Latvia under the Tallink Silja Line brands. The company operates through the following segments: Estonia - Finland, Finland - Sweden, Estonia - Sweden, and Others. | $1 | 0% | $560M | $1B | 1.2x | 7.0x | ||
| Tallinna Sadam AS is the owner and operator of the Port of Tallinn. It owns two passenger harbours (Old City Harbour and Saaremaa Harbour) and two cargo harbours (Muuga Harbour and Paldiski South Harbour). Through its subsidiary, the company also operates ferries and provides passenger transport services between Estonia’s mainland and Saaremaa and Hiiumaa islands. The group's reportable segments are Passenger harbours, Cargo harbours, Ferry and Others. Maximum revenue is derived from the Passenger harbours segment, which represents revenue generated by passenger harbours consisting mainly of vessel dues collected from ferries and cruise ships, and passenger fees charged for using services provided by the harbours. Geographically, the group earns a majority of its revenue in Estonia. | $2 | +14% | $411M | $563M | 4.0x | 8.4x | ||
| Median | $2 | +1% | $560M | $1B | 1.2x | 7.1x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.