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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 | $733 | $1.84T | 9.7x | 15.8x |
| BOE | China | Electronic Equipment, IoT, Electronic Components, VR & AR | CNY 4 | $31.1B | 1.0x | 4.6x |
| Unity | United States of America | Design & Engineering Software, VR & AR, Video & Streaming Software | $36 | $15.9B | 8.8x | 39.7x |
| Snap | United States of America | Social Networks, VR & AR | $8 | $14.4B | 2.5x | 27.4x |
| Orbbec | China | VR & AR, Sensors & Instruments, Networking Hardware | CNY 84 | $4.6B | 36.3x | 262.1x |
| Sun Corp. | Japan | Consumer Electronics, VR & AR | JPY 9790 | $1.4B | 19.2x | N/A |
| HTC | Taiwan | Consumer Electronics, VR & AR, Wearables | TWD 51 | $1.0B | 7.3x | -10.7x |
| Cover | Japan | Streaming, Content Production, VR & AR | JPY 1911 | $753M | 2.3x | 11.5x |
| Kopin | United States of America | VR & AR, Electronic Equipment, Electronic Components, Defense Systems | $4 | $650M | 13.0x | -76.8x |
| Surgical Science | Sweden | Medical Devices, VR & AR | SEK 91 | $428M | 4.0x | 20.3x |
| Vuzix | United States of America | VR & AR, Consumer Electronics, Wearables | $4 | $276M | 41.2x | N/A |
| GOLFZON Gold | South Korea | Gaming - Console & PC, VR & AR | KRW 5320 | $261M | N/A | N/A |
| Gumi | Japan | Gaming - Mobile, VR & AR | JPY 469 | $147M | 2.5x | N/A |
| Metavista3D | Canada | VR & AR | CAD 2 | $136M | N/A | N/A |
| Blue Hat Interactive | United States of America | VR & AR | $2 | $62.2M | N/A | N/A |
| Kudan | Japan | Autonomous AI & Robotics, Robotics, Autonomous Tech, VR & AR | JPY 999 | $58.6M | 13.6x | N/A |
| PlaySide Studios | Australia | Gaming - Console & PC, Gaming - Mobile, VR & AR | AUD 0 | $58.1M | 1.8x | -34.5x |
| zSpace | United States of America | VR & AR, Consumer Electronics, Education Software | $1 | $44.9M | 1.4x | -3.1x |
| Glimpse Group | United States of America | VR & AR | $2 | $25.3M | 2.3x | N/A |
| Beyond Frames | Sweden | Gaming - Console & PC, VR & AR | SEK 9 | $17.7M | 1.1x | 7.7x |
| Farm 51 | Poland | Gaming - Console & PC, VR & AR | PLN 6 | $13.2M | N/A | N/A |
| Huddled Group | United Kingdom of Great Britain and Northern Ireland | VR & AR | £0 | $12.5M | 0.5x | -3.9x |
| Realfiction | Sweden | VR & AR, Electronic Equipment | SEK 4 | $11.7M | N/A | N/A |
| Skonec | South Korea | VR & AR, Gaming - Console & PC | KRW 1608 | $10.2M | N/A | N/A |
| VR Factory Games | Poland | Gaming - Mobile, Gaming - Console & PC, VR & AR | PLN 0 | $2.1M | N/A | N/A |
| Immersion Games | Poland | Gaming - Mobile, Gaming - Console & PC, VR & AR | PLN 2 | $1.5M | 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 | $2 | -$2.5M | -0.1x | 1.7x |
| MicroCloud Hologram | United States of America | VR & AR, Electronic Components, IoT | $4 | -$338M | N/A | N/A |
| WiMi Hologram | United States of America | VR & AR | $4 | -$356M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of October 24, 2025. Financial data powered by Morningstar and FactSet.
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