🎉 M&A multiples are live!
Check it out!

AGS Valuation Multiples

Discover revenue and EBITDA valuation multiples for AGS and similar public comparables like Boyaa Interactive, Remedy Entertainment, and Trophy Games.

AGS Overview

About AGS

AGS Corp is engaged in software development, system equipment sales, information processing services, and other information services.


Founded

1971

HQ

Japan
Employees

1.9K+

Website

ags.co.jp

Financials

LTM Revenue $166M

Last FY EBITDA $21.0M

EV

$105M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 15K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

AGS Financials

As of September 2025, AGS reported last 12-month revenue of $166M.

In the same period, AGS achieved $9.2M in LTM net income.

See AGS valuation multiples based on analyst estimates

AGS P&L

In the most recent fiscal year, AGS reported revenue of $166M and EBITDA of $21.0M.

AGS expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See AGS valuation multiples based on analyst estimates
LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $166M XXX $166M XXX XXX XXX
Gross Profit n/a XXX $41.1M XXX XXX XXX
Gross Margin n/a XXX 25% XXX XXX XXX
EBITDA n/a XXX $21.0M XXX XXX XXX
EBITDA Margin n/a XXX 13% XXX XXX XXX
EBIT $12.3M XXX $12.3M XXX XXX XXX
EBIT Margin 7% XXX 7% XXX XXX XXX
Net Profit $9.2M XXX $9.2M XXX XXX XXX
Net Margin 6% XXX 6% XXX XXX XXX
Net Debt XXX XXX n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

AGS Stock Performance

AGS has current market cap of JPY 19.8B (or $132M), and EV of JPY 15.7B (or $105M).

Market Cap Evolution

AGS Stock Data

As of October 2, 2025, AGS's stock price is JPY 1182 (or $8).

See AGS trading valuation data
EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$105M $132M XXX XXX XXX XXX $0.55

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

AGS Valuation Multiples

AGS's trades at 0.7x EV/Revenue multiple, and 5.2x EV/EBITDA.

See valuation multiples for AGS and 15K+ public comps

AGS Financial Valuation Multiples

As of October 2, 2025, AGS has market cap of $132M and EV of $105M.

Equity research analysts estimate AGS's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

AGS has a P/E ratio of 14.3x.

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $132M XXX $132M XXX XXX XXX
EV (current) $105M XXX $105M XXX XXX XXX
EV/Revenue 0.6x XXX 0.7x XXX XXX XXX
EV/EBITDA n/a XXX 5.2x XXX XXX XXX
EV/EBIT 8.5x XXX 9.2x XXX XXX XXX
EV/Gross Profit n/a XXX n/a XXX XXX XXX
P/E 14.3x XXX 15.6x XXX XXX XXX
EV/FCF n/a XXX 27.3x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get AGS Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

AGS Margins & Growth Rates

AGS's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $15K for the same period.

AGS's rule of 40 is unknown (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

AGS's rule of X is unknown (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for AGS and other 15K+ public comps

AGS Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth n/a XXX n/a XXX XXX XXX
EBITDA Margin n/a XXX 13% XXX XXX XXX
EBITDA Growth n/a XXX n/a XXX XXX XXX
Rule of 40 n/a XXX n/a XXX XXX XXX
Bessemer Rule of X XXX XXX n/a XXX XXX XXX
Revenue per Employee XXX XXX $0.1M XXX XXX XXX
Opex per Employee XXX XXX $15K XXX XXX XXX
S&M Expenses to Revenue XXX XXX n/a XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX n/a XXX XXX XXX
Opex to Revenue XXX XXX 17% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

AGS Public Comps

See public comps and valuation multiples for Gaming - Console & PC comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Azerion Group XXX XXX XXX XXX XXX XXX
PlaySide Studios XXX XXX XXX XXX XXX XXX
Trophy Games XXX XXX XXX XXX XXX XXX
Remedy Entertainment XXX XXX XXX XXX XXX XXX
Boyaa Interactive 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.

AGS M&A and Investment Activity

AGS acquired  XXX companies to date.

Last acquisition by AGS was  XXXXXXXX, XXXXX XXXXX XXXXXX . AGS acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by AGS

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 65K+ M&A deals.

Start Free Trial

About AGS

When was AGS founded? AGS was founded in 1971.
Where is AGS headquartered? AGS is headquartered in Japan.
How many employees does AGS have? As of today, AGS has 1.9K+ employees.
Is AGS publicy listed? Yes, AGS is a public company listed on TKS.
What is the stock symbol of AGS? AGS trades under 3648 ticker.
When did AGS go public? AGS went public in 2011.
Who are competitors of AGS? Similar companies to AGS include e.g. Azerion Group, PlaySide Studios, Trophy Games, Remedy Entertainment.
What is the current market cap of AGS? AGS's current market cap is $132M
What is the current revenue of AGS? AGS's last 12 months revenue is $166M.
What is the current EV/Revenue multiple of AGS? Current revenue multiple of AGS is 0.6x.
Is AGS profitable? Yes, AGS is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.