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Banpu Valuation Multiples
Discover revenue and EBITDA valuation multiples for Banpu and similar public comparables like Expro, Electricity Generating, Ignitis, ReNew and more.
Banpu Overview
About Banpu
Banpu PCL is engaged in three core groups of businesses which are energy resources, energy generation and energy technology. The Group has operations in Thailand and overseas which are mainly in the Indonesia, People’s Republic of China, Australia, Mongolia, Socialist Republic of Vietnam, Japan, and the United States. The Group is organized into the following business segments: - Energy Resources: operates in coal sales and production both domestically and overseas. The Group also operates in gas production in the United States. - Energy Generation: operates in electricity generation which consists of thermal and renewable energy both domestic and overseas. - Energy Technology: operations comprise solar rooftops, electric vehicles, energy storage, and energy management systems.
Founded
1983
HQ

Employees
6.0K
Website
Sectors
Financials (LTM)
EV
$7B
Banpu Financials
Banpu reported last 12-month revenue of $6B and EBITDA of $1B.
In the same LTM period, Banpu generated $1B in gross profit, $1B in EBITDA, and had net loss of ($3M).
Revenue (LTM)
Banpu P&L
In the most recent fiscal year, Banpu reported revenue of $6B and EBITDA of $1B.
Banpu expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $6B | XXX | $6B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 26% | XXX | 21% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 18% | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 5% | XXX | XXX | XXX |
| Net Profit | ($3M) | XXX | ($61M) | XXX | XXX | XXX |
| Net Margin | (0%) | XXX | (1%) | XXX | XXX | XXX |
| Net Debt | — | — | $6B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Banpu Stock Performance
Banpu has current market cap of $2B, and enterprise value of $7B.
Market Cap Evolution
Banpu's stock price is $0.18.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $7B | $2B | -0.9% | XXX | XXX | XXX | $-0.01 |
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Start Free TrialBanpu Valuation Multiples
Banpu trades at 1.3x EV/Revenue multiple, and 7.0x EV/EBITDA.
EV / Revenue (LTM)
Banpu Financial Valuation Multiples
As of April 17, 2026, Banpu has market cap of $2B and EV of $7B.
Equity research analysts estimate Banpu's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Banpu has a P/E ratio of (559.2x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $7B | XXX | $7B | XXX | XXX | XXX |
| EV/Revenue | 1.3x | XXX | 1.3x | XXX | XXX | XXX |
| EV/EBITDA | 7.0x | XXX | 7.3x | XXX | XXX | XXX |
| EV/EBIT | 21.9x | XXX | 27.1x | XXX | XXX | XXX |
| EV/Gross Profit | 5.1x | XXX | 6.1x | XXX | XXX | XXX |
| P/E | (559.2x) | XXX | (29.8x) | XXX | XXX | XXX |
| EV/FCF | (44.1x) | XXX | (60.4x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Banpu 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.


Banpu Margins & Growth Rates
Banpu's revenue in the last 12 month declined by (1%).
Banpu's revenue per employee in the last FY averaged $0.9M, while opex per employee averaged $0.2M for the same period.
Banpu's rule of 40 is 26% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Banpu's rule of X is 33% (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).
Banpu Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (1%) | XXX | (1%) | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Growth | 12% | XXX | 16% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 26% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 33% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.9M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 4% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 8% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 18% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Banpu Public Comps
See public comps and valuation multiples for other Oil & Gas and Energy Production comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Banpu | XXX | XXX | XXX | XXX | XXX | XXX |
| Expro | XXX | XXX | XXX | XXX | XXX | XXX |
| Electricity Generating | XXX | XXX | XXX | XXX | XXX | XXX |
| Ignitis | XXX | XXX | XXX | XXX | XXX | XXX |
| ReNew | XXX | XXX | XXX | XXX | XXX | XXX |
| Empresa Eléctrica Pehuenche | 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.
Banpu M&A Activity
Banpu acquired XXX companies to date.
Last acquisition by Banpu was on XXXXXXXX, XXXXX. Banpu acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Banpu
| 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
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Start Free TrialBanpu Investment Activity
Banpu invested in XXX companies to date.
Banpu made its latest investment on XXXXXXXX, XXXXX. Banpu invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Banpu
| 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 Banpu
| When was Banpu founded? | Banpu was founded in 1983. |
| Where is Banpu headquartered? | Banpu is headquartered in Thailand. |
| How many employees does Banpu have? | As of today, Banpu has over 6K employees. |
| Who is the CEO of Banpu? | Banpu's CEO is Sinon Vongkusolkit. |
| Is Banpu publicly listed? | Yes, Banpu is a public company listed on Stock Exchange of Thailand. |
| What is the stock symbol of Banpu? | Banpu trades under BANPU ticker. |
| When did Banpu go public? | Banpu went public in 1989. |
| Who are competitors of Banpu? | Banpu main competitors are Expro, Electricity Generating, Ignitis, ReNew. |
| What is the current market cap of Banpu? | Banpu's current market cap is $2B. |
| What is the current revenue of Banpu? | Banpu's last 12 months revenue is $6B. |
| What is the current revenue growth of Banpu? | Banpu revenue growth (NTM/LTM) is (1%). |
| What is the current EV/Revenue multiple of Banpu? | Current revenue multiple of Banpu is 1.3x. |
| Is Banpu profitable? | Yes, Banpu is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Banpu? | Banpu's last 12 months EBITDA is $1B. |
| What is Banpu's EBITDA margin? | Banpu's last 12 months EBITDA margin is 19%. |
| What is the current EV/EBITDA multiple of Banpu? | Current EBITDA multiple of Banpu is 7.0x. |
| What is the current FCF of Banpu? | Banpu's last 12 months FCF is ($167M). |
| What is Banpu's FCF margin? | Banpu's last 12 months FCF margin is (3%). |
| What is the current EV/FCF multiple of Banpu? | Current FCF multiple of Banpu is (44.1x). |
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