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Adesso Valuation Multiples

Discover revenue and EBITDA valuation multiples for Adesso and similar public comparables like Mia Teknoloji, ExaWizards, TSS Inc., Mitsubishi Research and more.

Adesso Overview

About Adesso

Adesso SE is a German IT service provider company. The company offers consulting and software development services for optimizing core business processes. It also offers ready-to-use software products for standard applications. The company generates majority of its sales revenue through consulting and software development in Germany. It has two segments, namely, IT Services and IT Solutions. The IT Services segment offers customized, project-oriented services in the areas of consulting and software development. The IT Solutions segment markets its own solutions as homegrown products or standard software products. The IT service segment generates majority of revenue.


Founded

1997

HQ

Germany

Employees

11.1K

Website

adesso.de

Financials (LTM)

Revenue: $2B
EBITDA: $149M

EV

$600M

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Adesso Financials

Adesso reported last 12-month revenue of $2B and EBITDA of $149M.

In the same LTM period, Adesso generated $1B in gross profit, $149M in EBITDA, and $24M in net income.

Revenue (LTM)


Adesso P&L

In the most recent fiscal year, Adesso reported revenue of $2B and EBITDA of $117M.

Adesso is profitable as of last fiscal year, with gross margin of 28%, EBITDA margin of 8%, and net margin of 1%.

See analyst estimates for Adesso
LTMLast FY202320242025202620272028
Revenue$2B$2B$1B$2B$2B
Gross Profit$1B$429M$380M$429M$1B
Gross Margin84%28%29%28%84%
EBITDA$149M$117M$95M$117M$142M
EBITDA Margin8%8%7%8%8%
EBIT Margin4%2%2%2%3%
Net Profit$24M$10M$4M$10M$21M
Net Margin1%1%0%1%1%
Net Debt$4M

Financial data powered by Morningstar, Inc.

Adesso Stock Performance

Adesso has current market cap of $438M, and enterprise value of $600M.

Market Cap Evolution


Adesso's stock price is $68.38.

Adesso share price increased by 0.4% in the last 30 days, and decreased by 32.6% in the last year.

Adesso has an EPS (earnings per share) of $1.49.

See more trading valuation data for Adesso
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$600M$438M0.0%0.4%-7.2%-32.6%$1.49

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Adesso Valuation Multiples

Adesso trades at 0.3x EV/Revenue multiple, and 4.0x EV/EBITDA.

See NTM and 2027E valuation multiples for Adesso

EV / Revenue (LTM)


Adesso Financial Valuation Multiples

As of May 2, 2026, Adesso has market cap of $438M and EV of $600M.

Adesso has a P/E ratio of 17.9x.

LTMLast FY202320242025202620272028
EV/Revenue0.3x0.4x0.5x0.4x0.4x
EV/EBITDA4.0x5.1x6.3x5.1x4.2x
EV/EBIT9.6x17.6x24.8x17.6x10.3x
EV/Gross Profit0.4x1.4x1.6x1.4x0.4x
P/E17.9x45.9x116.4x45.9x20.9x
EV/FCF30.5x6.3x12.0x6.3x37.1x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Adesso 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.

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Adesso Margins & Growth Rates

Adesso grew revenue by 11% and EBITDA by 22% in the last fiscal year.

In the most recent fiscal year, Adesso reported gross margin of 28%, EBITDA margin of 8%, and net margin of 1%.

See estimated margins and future growth rates for Adesso

Adesso Margins

Last FY202420252026202720282029
Gross Margin28%28%84%84%
EBITDA Margin8%8%8%8%
EBIT Margin2%2%3%4%
Net Margin1%1%1%2%
FCF Margin6%6%1%1%

Adesso Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth11%14%11%14%
Gross Profit Growth231%13%231%14%
EBITDA Growth22%23%22%14%
EBIT Growth71%41%71%20%
Net Profit Growth119%153%119%52%
FCF Growth(83%)92%(83%)65%

Data powered by FactSet, Inc. and Morningstar, Inc.

Adesso Operational KPIs

Adesso's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.

Adesso's Rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Adesso's Rule of X is 43% (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).

Access forward-looking KPIs for Adesso
LTMLast FY20232024202620272028
Rule of 4021%22%
Bessemer Rule of X40%43%
Revenue per Employee$0.1M
Opex per Employee$0.0M
S&M Expenses to Revenue1%1%1%
G&A Expenses to Revenue1%1%1%
Opex to Revenue26%27%26%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Adesso Competitors

Adesso competitors include Mia Teknoloji, ExaWizards, TSS Inc., Mitsubishi Research, Techmatrix, Datamatics Global Services, Sygnity, JBCC Holdings, Japan Business Systems and Metrodata Electronics.

Most Adesso public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Mia Teknoloji7.3x69.7x
ExaWizards6.4x5.5x(41.9x)30.5x
TSS Inc.1.6x1.7x20.9x20.1x
Mitsubishi Research0.4x0.4x4.0x4.6x
Techmatrix0.6x0.6x4.6x
Datamatics Global Services2.3x12.7x
Sygnity4.3x14.1x
JBCC Holdings0.8x0.8x8.9x

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About Adesso

When was Adesso founded?Adesso was founded in 1997.
Where is Adesso headquartered?Adesso is headquartered in Germany.
How many employees does Adesso have?As of today, Adesso has over 11K employees.
Is Adesso publicly listed?Yes, Adesso is a public company listed on Frankfurt Stock Exchange.
What is the stock symbol of Adesso?Adesso trades under ADN1 ticker.
When did Adesso go public?Adesso went public in 2000.
Who are competitors of Adesso?Adesso main competitors include Mia Teknoloji, ExaWizards, TSS Inc., Mitsubishi Research, Techmatrix, Datamatics Global Services, Sygnity, JBCC Holdings, Japan Business Systems, Metrodata Electronics.
What is the current market cap of Adesso?Adesso's current market cap is $438M.
What is the current revenue of Adesso?Adesso's last 12 months revenue is $2B.
What is the current revenue growth of Adesso?Adesso revenue growth (NTM/LTM) is 13%.
What is the current EV/Revenue multiple of Adesso?Current revenue multiple of Adesso is 0.3x.
Is Adesso profitable?Yes, Adesso is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Adesso?Adesso's last 12 months EBITDA is $149M.
What is Adesso's EBITDA margin?Adesso's last 12 months EBITDA margin is 8%.
What is the current EV/EBITDA multiple of Adesso?Current EBITDA multiple of Adesso is 4.0x.
What is the current FCF of Adesso?Adesso's last 12 months FCF is $20M.
What is Adesso's FCF margin?Adesso's last 12 months FCF margin is 1%.
What is the current EV/FCF multiple of Adesso?Current FCF multiple of Adesso is 30.5x.
How many companies Adesso has acquired to date?Adesso hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Adesso has invested to date?Adesso hasn't invested in any companies yet (or none have been disclosed publicly).

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