🚀 VC round data is live in beta, check it out!
- Public Comps
- Bangkok Expressway
Bangkok Expressway Valuation Multiples
Discover revenue and EBITDA valuation multiples for Bangkok Expressway and similar public comparables like Trinity Industries, MRS LogĂstica, Guangshen Railway, Stadler Rail and more.
Bangkok Expressway Overview
About Bangkok Expressway
Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines in Thailand. In conjunction with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment.
Founded
2015
HQ

Employees
3.9K
Website
Sectors
Financials (LTM)
EV
$6B
Bangkok Expressway Financials
Bangkok Expressway reported last 12-month revenue of $547M and EBITDA of $297M.
In the same LTM period, Bangkok Expressway generated $243M in gross profit, $297M in EBITDA, and $122M in net income.
Revenue (LTM)
Bangkok Expressway P&L
In the most recent fiscal year, Bangkok Expressway reported revenue of $544M and EBITDA of $300M.
Bangkok Expressway expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $547M | XXX | $544M | XXX | XXX | XXX |
| Gross Profit | $243M | XXX | $235M | XXX | XXX | XXX |
| Gross Margin | 44% | XXX | 43% | XXX | XXX | XXX |
| EBITDA | $297M | XXX | $300M | XXX | XXX | XXX |
| EBITDA Margin | 54% | XXX | 55% | XXX | XXX | XXX |
| EBIT Margin | 38% | XXX | 40% | XXX | XXX | XXX |
| Net Profit | $122M | XXX | $122M | XXX | XXX | XXX |
| Net Margin | 22% | XXX | 22% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Bangkok Expressway Stock Performance
Bangkok Expressway has current market cap of $3B, and enterprise value of $6B.
Market Cap Evolution
Bangkok Expressway's stock price is $0.19.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $6B | $3B | 0.0% | XXX | XXX | XXX | $0.01 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialBangkok Expressway Valuation Multiples
Bangkok Expressway trades at 11.0x EV/Revenue multiple, and 20.2x EV/EBITDA.
EV / Revenue (LTM)
Bangkok Expressway Financial Valuation Multiples
As of March 9, 2026, Bangkok Expressway has market cap of $3B and EV of $6B.
Equity research analysts estimate Bangkok Expressway's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Bangkok Expressway has a P/E ratio of 23.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $6B | XXX | $6B | XXX | XXX | XXX |
| EV/Revenue | 11.0x | XXX | 11.0x | XXX | XXX | XXX |
| EV/EBITDA | 20.2x | XXX | 20.0x | XXX | XXX | XXX |
| EV/EBIT | 28.8x | XXX | 27.8x | XXX | XXX | XXX |
| EV/Gross Profit | 24.7x | XXX | 25.6x | XXX | XXX | XXX |
| P/E | 23.0x | XXX | 23.1x | XXX | XXX | XXX |
| EV/FCF | (12.1x) | XXX | (9.6x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Bangkok Expressway 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.


Bangkok Expressway Margins & Growth Rates
Bangkok Expressway's revenue in the last 12 month grew by 3%.
Bangkok Expressway's revenue per employee in the last FY averaged $0.1M.
Bangkok Expressway's rule of 40 is 57% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Bangkok Expressway's rule of X is 61% (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).
Bangkok Expressway Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 54% | XXX | 55% | XXX | XXX | XXX |
| EBITDA Growth | (3%) | XXX | (5%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 57% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 61% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 6% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 3% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Bangkok Expressway Public Comps
See public comps and valuation multiples for other Railways comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Trinity Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| MRS LogĂstica | XXX | XXX | XXX | XXX | XXX | XXX |
| Guangshen Railway | XXX | XXX | XXX | XXX | XXX | XXX |
| Stadler Rail | XXX | XXX | XXX | XXX | XXX | XXX |
| ComfortDelGro | 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.
Bangkok Expressway M&A Activity
Bangkok Expressway acquired XXX companies to date.
Last acquisition by Bangkok Expressway was on XXXXXXXX, XXXXX. Bangkok Expressway acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Bangkok Expressway
| 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 |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialBangkok Expressway Investment Activity
Bangkok Expressway invested in XXX companies to date.
Bangkok Expressway made its latest investment on XXXXXXXX, XXXXX. Bangkok Expressway invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Bangkok Expressway
| 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 |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Bangkok Expressway
| When was Bangkok Expressway founded? | Bangkok Expressway was founded in 2015. |
| Where is Bangkok Expressway headquartered? | Bangkok Expressway is headquartered in Thailand. |
| How many employees does Bangkok Expressway have? | As of today, Bangkok Expressway has over 3K employees. |
| Is Bangkok Expressway publicly listed? | Yes, Bangkok Expressway is a public company listed on Stock Exchange of Thailand. |
| What is the stock symbol of Bangkok Expressway? | Bangkok Expressway trades under BEM ticker. |
| When did Bangkok Expressway go public? | Bangkok Expressway went public in 2006. |
| Who are competitors of Bangkok Expressway? | Bangkok Expressway main competitors are Trinity Industries, MRS LogĂstica, Guangshen Railway, Stadler Rail. |
| What is the current market cap of Bangkok Expressway? | Bangkok Expressway's current market cap is $3B. |
| What is the current revenue of Bangkok Expressway? | Bangkok Expressway's last 12 months revenue is $547M. |
| What is the current revenue growth of Bangkok Expressway? | Bangkok Expressway revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Bangkok Expressway? | Current revenue multiple of Bangkok Expressway is 11.0x. |
| Is Bangkok Expressway profitable? | Yes, Bangkok Expressway is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Bangkok Expressway? | Bangkok Expressway's last 12 months EBITDA is $297M. |
| What is Bangkok Expressway's EBITDA margin? | Bangkok Expressway's last 12 months EBITDA margin is 54%. |
| What is the current EV/EBITDA multiple of Bangkok Expressway? | Current EBITDA multiple of Bangkok Expressway is 20.2x. |
| What is the current FCF of Bangkok Expressway? | Bangkok Expressway's last 12 months FCF is ($496M). |
| What is Bangkok Expressway's FCF margin? | Bangkok Expressway's last 12 months FCF margin is (91%). |
| What is the current EV/FCF multiple of Bangkok Expressway? | Current FCF multiple of Bangkok Expressway is (12.1x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.