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37Games Valuation Multiples
Discover revenue and EBITDA valuation multiples for 37Games and similar public comparables like Krafton, Kingnet Network, Talkweb Information Systems, International Games System and more.
37Games Overview
About 37Games
37 Interactive Entertainment Network Technology Group Co Ltd is involved in the interactive entertainment business, mainly focused on the research, development, publishing, and operation of mobile games and browser games, while arranging the pan-entertainment business, including film and TV, animation, and music. Its operating segments include the Mobile Gaming business and the Web Game business.
Founded
1995
HQ
Employees
3.2K
Website
Sectors
Financials (LTM)
EV
$7B
37Games Financials
37Games reported last 12-month revenue of $3B and EBITDA of $532M.
In the same LTM period, 37Games generated $2B in gross profit, $532M in EBITDA, and $452M in net income.
Revenue (LTM)
37Games P&L
In the most recent fiscal year, 37Games reported revenue of $3B and EBITDA of $474M.
37Games expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 78% | XXX | 79% | XXX | XXX | XXX |
| EBITDA | $532M | XXX | $474M | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 19% | XXX | XXX | XXX |
| EBIT Margin | 20% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $452M | XXX | $388M | XXX | XXX | XXX |
| Net Margin | 18% | XXX | 15% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
37Games Stock Performance
37Games has current market cap of $8B, and enterprise value of $7B.
Market Cap Evolution
37Games' stock price is $3.65.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $7B | $8B | 0.0% | XXX | XXX | XXX | $0.18 |
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Start Free Trial37Games Valuation Multiples
37Games trades at 2.9x EV/Revenue multiple, and 14.1x EV/EBITDA.
EV / Revenue (LTM)
37Games Financial Valuation Multiples
As of March 7, 2026, 37Games has market cap of $8B and EV of $7B.
Equity research analysts estimate 37Games' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
37Games has a P/E ratio of 17.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $8B | XXX | $8B | XXX | XXX | XXX |
| EV (current) | $7B | XXX | $7B | XXX | XXX | XXX |
| EV/Revenue | 2.9x | XXX | 3.0x | XXX | XXX | XXX |
| EV/EBITDA | 14.1x | XXX | 15.8x | XXX | XXX | XXX |
| EV/EBIT | 14.7x | XXX | 17.9x | XXX | XXX | XXX |
| EV/Gross Profit | 3.8x | XXX | 3.8x | XXX | XXX | XXX |
| P/E | 17.9x | XXX | 20.8x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 21.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified 37Games Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
37Games Margins & Growth Rates
37Games' revenue in the last 12 month grew by 8%.
37Games' revenue per employee in the last FY averaged $0.8M.
37Games' rule of 40 is 29% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
37Games' rule of X is 42% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
37Games Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | (1%) | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | 8% | XXX | 11% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 29% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 42% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.8M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 50% | XXX | 53% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 3% | XXX | 0% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 4% | XXX | 4% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 62% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
37Games Public Comps
See public comps and valuation multiples for other Gaming - Mobile comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Krafton | XXX | XXX | XXX | XXX | XXX | XXX |
| Kingnet Network | XXX | XXX | XXX | XXX | XXX | XXX |
| Talkweb Information Systems | XXX | XXX | XXX | XXX | XXX | XXX |
| International Games System | XXX | XXX | XXX | XXX | XXX | XXX |
| Square Enix | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
37Games M&A Activity
37Games acquired XXX companies to date.
Last acquisition by 37Games was on XXXXXXXX, XXXXX. 37Games acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by 37Games
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial37Games Investment Activity
37Games invested in XXX companies to date.
37Games made its latest investment on XXXXXXXX, XXXXX. 37Games invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by 37Games
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout 37Games
| When was 37Games founded? | 37Games was founded in 1995. |
| Where is 37Games headquartered? | 37Games is headquartered in China. |
| How many employees does 37Games have? | As of today, 37Games has over 3K employees. |
| Is 37Games publicly listed? | Yes, 37Games is a public company listed on Shenzhen Stock Exchange. |
| What is the stock symbol of 37Games? | 37Games trades under 002555 ticker. |
| When did 37Games go public? | 37Games went public in 2011. |
| Who are competitors of 37Games? | 37Games main competitors are Krafton, Kingnet Network, Talkweb Information Systems, International Games System. |
| What is the current market cap of 37Games? | 37Games' current market cap is $8B. |
| What is the current revenue of 37Games? | 37Games' last 12 months revenue is $3B. |
| What is the current revenue growth of 37Games? | 37Games revenue growth (NTM/LTM) is 8%. |
| What is the current EV/Revenue multiple of 37Games? | Current revenue multiple of 37Games is 2.9x. |
| Is 37Games profitable? | Yes, 37Games is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of 37Games? | 37Games' last 12 months EBITDA is $532M. |
| What is 37Games' EBITDA margin? | 37Games' last 12 months EBITDA margin is 21%. |
| What is the current EV/EBITDA multiple of 37Games? | Current EBITDA multiple of 37Games is 14.1x. |
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