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Altron Valuation Multiples

Discover Altron's revenue and EBITDA valuation multiples, acquisitions, and investment history, alongside public comparables like Plus Alpha Consulting, Bravura Solutions, Datagroup, SNP Group and more.

Altron Overview

About Altron

Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Key revenue of the group is derived from the local market in South Africa.


Founded

1965

HQ

South Africa

Employees

4.3K

Website

altron.com

Financials (LTM)

Revenue: $603M
EBITDA: $128M

EV

$741M

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Altron Financials

Altron reported last 12-month revenue of $603M and EBITDA of $128M.

In the same LTM period, Altron generated $128M in EBITDA and $48M in net income.

Revenue (LTM)


Altron P&L

In the most recent fiscal year, Altron reported revenue of $591M and EBITDA of $123M.

Altron is profitable as of last fiscal year, with gross margin of 19%, EBITDA margin of 21%, and net margin of 8%.

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LTMLast FY202320242025202620272028
Revenue$603M$591M$510M$565M$580M
Gross Profit-$115M$84M$102M$113M
Gross Margin-19%16%18%20%
EBITDA$128M$123M$88M$105M$115M
EBITDA Margin21%21%17%19%20%
EBIT Margin13%13%9%10%12%
Net Profit$48M$45M($8M)$18M$40M
Net Margin8%8%(2%)3%7%

Financial data powered by Morningstar, Inc.

Altron Stock Performance

Altron has current market cap of $707M, and enterprise value of $741M.

Market Cap Evolution


Altron's stock price is $1.81.

Altron share price decreased by 1.2% in the last 30 days, and increased by 36.7% in the last year.

Altron has an EPS (earnings per share) of $0.11.

See more trading valuation data for Altron
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$741M$707M-1.7%-1.2%48.9%36.7%$0.11

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Altron Valuation Multiples

Altron trades at 1.2x EV/Revenue multiple, and 5.8x EV/EBITDA.

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EV / Revenue (LTM)


Altron Financial Valuation Multiples

As of June 15, 2026, Altron has market cap of $707M and EV of $741M.

Altron has a P/E ratio of 14.8x.

LTMLast FY202320242025202620272028
EV/Revenue1.2x1.3x1.5x1.3x1.3x
EV/EBITDA5.8x6.0x8.4x7.0x6.4x
EV/EBIT9.4x9.8x16.7x12.8x10.5x
EV/Gross Profit-6.4x8.8x7.3x6.5x
P/E14.8x15.8x(85.3x)39.4x17.5x
EV/FCF-19.2x19.4x20.7x19.5x

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

Verified Altron Valuation Multiples

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Altron Margins & Growth Rates

Altron grew revenue by 7% and EBITDA by 14% in the last fiscal year.

In the most recent fiscal year, Altron reported gross margin of 19%, EBITDA margin of 21%, and net margin of 8%.

See estimated margins and future growth rates for Altron

Altron Margins

Last FY202420252026202720282029
Gross Margin19%18%20%18%
EBITDA Margin21%19%20%22%
EBIT Margin13%10%12%13%
Net Margin8%3%7%9%
FCF Margin7%6%7%6%

Altron Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth7%11%3%7%
Gross Profit Growth-21%11%1%
EBITDA Growth14%20%9%18%
EBIT Growth14%30%22%19%
Net Profit Growth25%(317%)125%33%
FCF Growth-(6%)6%2%

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

Altron Operational KPIs

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

Altron's Rule of 40 is 29% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Altron's Rule of X is 40% (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).

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LTMLast FY202320242025202620272028
Rule of 4028%29%---
Bessemer Rule of X37%40%---
Revenue per Employee-$0.1M---
Opex per Employee-$0.0M---
Opex to Revenue-7%8%8%7%

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

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Altron Competitors

Altron competitors include Plus Alpha Consulting, Bravura Solutions, Datagroup, SNP Group, Newgen Software Technologies, Calian Group, Inspur, Sonata Software, CSE Global and Atos.

Most Altron public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Plus Alpha Consulting5.6x5.2x13.9x12.5x
Bravura Solutions3.7x3.4x8.8x12.2x
Datagroup1.4x1.4x9.3x9.4x
SNP Group2.0x-10.4x-
Newgen Software Technologies3.8x3.5x12.8x13.8x
Calian Group1.4x1.3x13.7x12.6x
Inspur3.6x-(20.3x)-
Sonata Software0.7x0.7x9.1x9.5x

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Acquisitions by Altron

Altron has acquired 3 companies to date.

Last acquisition by Altron was on April 19th 2021. Altron acquired LAWtrust for $13M (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by Altron

LAWtrust
Ubusha Technologies
iSPartners
Description
LAWtrust is a South Africa-based digital trust and cybersecurity firm offering identity verification, counterparty system authentication, data encryption, digital signatures, and biometric solutions for secure transactions.
Ubusha Technologies is a Johannesburg-based cybersecurity firm delivering identity and access management solutions. Its platforms secure data governance for enterprises in South Africa using multi-factor authentication compliant with POPIA regulations.
iSPartners is a Microsoft Gold Certified Partner delivering business intelligence, customer relationship management, and SharePoint implementations alongside consulting services. The Johannesburg-headquartered firm owns subsidiaries including Karabina Solutions and Zetta Business Solutions, earning multiple Partner of the Year awards across South Africa.
HQ CountrySouth AfricaSouth AfricaSouth Africa
HQ City
Pretoria
Johannesburg
Johannesburg
Deal Date19 Apr 20219 Dec 201911 Jun 2018
Valuation$13M$20M$12M
EV/Revenue
EV/EBITDA

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Investments by Altron

Altron has invested in 2 companies to date.

Latest investment by Altron was on March 2nd 2016. Altron invested in BrandCloud in their $100K Pre-seed round (EV/Revenue multiple available to Pro users).

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Latest Investments by Altron

BrandCloud
Tenant Turner
Description
BrandCloud is a collaboration platform for enterprises that facilitates secure sharing of digital assets, data analytics, and internal communications. The cloud-based tool supports project management, file versioning, and team workflows across marketing and creative departments. BrandCloud integrates with Adobe Creative Cloud and Microsoft Office for seamless content production and approval processes.
Tenant Turner is a property management platform that streamlines tenant screening, applications, and lease signing for single-family and multifamily rentals. Houston-headquartered, the company automates vacancy filling through online renter profiles, credit checks, and e-signatures. It serves property managers across the United States with integrations to platforms like Zillow and Apartments.com. Tenant Turner processes millions of applications annually and partners with insurance providers for renter coverage options. The service covers marketing listings to over 100 syndication sites, reducing time-to-lease by weeks.
HQ CountryCzech RepublicUnited States
HQ City
Prague
Richmond, VA
Deal Date2 Mar 201628 Jul 2015
RoundPre-seedSeed
Raised$100K$500K
InvestorsAltronAltron; Four Cities Capital; Jim Cheng; Louis Beryl; Triad Retail Media
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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About Altron

When was Altron founded?Altron was founded in 1965.
Where is Altron headquartered?Altron is headquartered in South Africa.
How many employees does Altron have?As of today, Altron has over 4K employees.
Is Altron publicly listed?Yes, Altron is a public company listed on Johannesburg Stock Exchange.
What is the stock symbol of Altron?Altron trades under AEL ticker.
When did Altron go public?Altron went public in 1958.
Who are competitors of Altron?Altron main competitors include Plus Alpha Consulting, Bravura Solutions, Datagroup, SNP Group, Newgen Software Technologies, Calian Group, Inspur, Sonata Software, CSE Global, Atos.
What is the current market cap of Altron?Altron's current market cap is $707M.
What is the current revenue of Altron?Altron's last 12 months revenue is $603M.
What is the current revenue growth of Altron?Altron revenue growth (NTM/LTM) is 6%.
What is the current EV/Revenue multiple of Altron?Current revenue multiple of Altron is 1.2x.
What is the current EBITDA of Altron?Altron's last 12 months EBITDA is $128M.
What is Altron's EBITDA margin?Altron's last 12 months EBITDA margin is 21%.
What is the current EV/EBITDA multiple of Altron?Current EBITDA multiple of Altron is 5.8x.
How many companies Altron has acquired to date?As of June 2026, Altron has acquired 3 companies.
What was the largest acquisition by Altron?$20M acquisition of Ubusha Technologies on 9th December 2019 was the largest M&A Altron has done to date.
What companies Altron acquired?Altron acquired Ubusha Technologies, LAWtrust, and iSPartners.
In how many companies Altron has invested to date?As of June 2026, Altron has invested in 2 companies.
In what companies Altron invested in?Altron invested in Tenant Turner and BrandCloud.

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