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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Meta | United States of America | Social Networks, AdTech Software, AI Conglomerates, VR & AR | $594 | $1.50T | 7.7x | 12.6x |
| BOE | China | Electronic Equipment, IoT, Electronic Components, VR & AR | CNY 4 | $29.9B | 1.0x | 4.5x |
| Unity | United States of America | Design & Engineering Software, VR & AR, Video & Streaming Software | $39 | $16.9B | 9.2x | 42.6x |
| Snap | United States of America | Social Networks, VR & AR | $8 | $14.4B | 2.5x | 23.2x |
| Orbbec | China | VR & AR, Sensors & Instruments, Networking Hardware | CNY 81 | $4.4B | 32.8x | 284.5x |
| Sun Corp. | Japan | Consumer Electronics, VR & AR | JPY 9200 | $1.3B | 18.2x | N/A |
| HTC | Taiwan | Consumer Electronics, VR & AR, Wearables | TWD 48 | $884M | 7.0x | -8.7x |
| Cover | Japan | Streaming, Content Production, VR & AR | JPY 1631 | $597M | 1.9x | 9.8x |
| Kopin | United States of America | VR & AR, Electronic Equipment, Electronic Components, Defense Systems | $2 | $378M | 8.5x | -53.7x |
| Surgical Science | Sweden | Medical Devices, VR & AR | SEK 74 | $333M | 3.2x | 19.6x |
| GOLFZON Gold | South Korea | Gaming - Console & PC, VR & AR | KRW 5200 | $249M | N/A | N/A |
| Vuzix | United States of America | VR & AR, Consumer Electronics, Wearables | $2 | $162M | 27.4x | N/A |
| Gumi | Japan | Gaming - Mobile, VR & AR | JPY 384 | $114M | 2.0x | N/A |
| Metavista3D | Canada | VR & AR | CAD 1 | $86.9M | N/A | N/A |
| Kudan | Japan | Autonomous AI & Robotics, Robotics, Autonomous Tech, VR & AR | JPY 1011 | $57.1M | 13.4x | N/A |
| Blue Hat Interactive | United States of America | VR & AR | $1 | $45.2M | N/A | N/A |
| PlaySide Studios | Australia | Gaming - Console & PC, Gaming - Mobile, VR & AR | AUD 0 | $44.6M | 1.4x | -52.3x |
| zSpace | United States of America | VR & AR, Consumer Electronics, Education Software | $0 | $28.0M | 0.9x | -2.1x |
| Glimpse Group | United States of America | VR & AR | $1 | $17.3M | 1.7x | N/A |
| Beyond Frames | Sweden | Gaming - Console & PC, VR & AR | SEK 8 | $15.7M | 1.0x | 6.6x |
| Farm 51 | Poland | Gaming - Console & PC, VR & AR | PLN 7 | $14.2M | N/A | N/A |
| Realfiction | Sweden | VR & AR, Electronic Equipment | SEK 4 | $12.0M | N/A | N/A |
| Huddled Group | United Kingdom of Great Britain and Northern Ireland | VR & AR | £0 | $9.6M | 0.4x | -3.1x |
| Skonec | South Korea | VR & AR, Gaming - Console & PC | KRW 1400 | $8.1M | N/A | N/A |
| VR Factory Games | Poland | Gaming - Mobile, Gaming - Console & PC, VR & AR | PLN 0 | $2.0M | N/A | N/A |
| Immersion Games | Poland | Gaming - Mobile, Gaming - Console & PC, VR & AR | PLN 1 | $1.1M | N/A | N/A |
| Medies | United States of America | Streaming, VR & AR | $0 | $0.3M | N/A | N/A |
| TruGolf | United States of America | Gaming - Console & PC, VR & AR | $1 | -$4.2M | -0.2x | 3.0x |
| MicroCloud Hologram | United States of America | VR & AR, Electronic Components, IoT | $3 | -$357M | N/A | N/A |
| WiMi Hologram | United States of America | VR & AR | $3 | -$372M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of November 23, 2025. Financial data powered by Morningstar and FactSet.
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