Bhagwan Marine - Public Comps and Valuation Multiples

Bhagwan Marine Overview

About Bhagwan Marine

Bhagwan Marine Ltd is a marine vessel operator and service provider. It is engaged in operating a diverse range of vessels providing marine solutions across the offshore energy, subsea, ports and inshore, and defence sectors. The group has a diverse fleet of purpose-built charter vessels and marine assets available for hire, including ASD harbour tugs, coastal towage tugs, anchor handling tug supply, multicats, dive support vessels, landing craft, crew transfer vessels, and utility vessels, among others. In addition, it provides various marine services such as ROV support, coastal freight, transshipping, vessel line handling, general underwater construction, oil field support services, etc. Geographically, the group derives a majority of its revenue from Australia.

Founded

1985

HQ

Employees

1K+

Website

bhagwanmarine.com

Sectors

Marine Transportation

Financials

LTM Revenue $186M

LTM EBITDA $33.7M

EV

$129M

Valuation Multiples

Multiples.vc

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.

Browse Valuation Multiples

Bhagwan Marine Financials

As of August 2025, Bhagwan Marine reported last 12-month revenue of $186M and EBITDA of $33.7M.

In the same period, Bhagwan Marine generated $56.1M in LTM gross profit and $8.4M in net income.

See Bhagwan Marine valuation multiples based on analyst estimates

Bhagwan Marine P&L

In the most recent fiscal year, Bhagwan Marine reported revenue of $177M and EBITDA of $21.3M.

Bhagwan Marine expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Bhagwan Marine valuation multiples based on analyst estimates

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue	$186M	XXX	$177M	XXX	XXX	XXX
Gross Profit	$56.1M	XXX	$162M	XXX	XXX	XXX
Gross Margin	30%	XXX	92%	XXX	XXX	XXX
EBITDA	$33.7M	XXX	$21.3M	XXX	XXX	XXX
EBITDA Margin	18%	XXX	12%	XXX	XXX	XXX
EBIT	$14.8M	XXX	$11.2M	XXX	XXX	XXX
EBIT Margin	8%	XXX	6%	XXX	XXX	XXX
Net Profit	$8.4M	XXX	$3.6M	XXX	XXX	XXX
Net Margin	5%	XXX	2%	XXX	XXX	XXX
Net Debt	XXX	XXX	$49.9M	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

.seo-only-financials-wrapper { position: static; left: auto; width: auto; height: auto; overflow: visible; }

Financial performance metrics for Bhagwan Marine including revenue, profitability, and margin analysis across different time periods. The company reported last twelve months revenue of $186M. EBITDA for the last twelve months was $33.7M. In the most recent fiscal year, Bhagwan Marine achieved $177M in revenue and $21.3M in EBITDA.
Financial Metric	Last Twelve Months (LTM)	Next Twelve Months (NTM)	Most Recent Fiscal Year	Current Fiscal Year (2025)	Next Fiscal Year (2026)	Two Years Forward (2027)
Total Revenue	$186M	Analyst estimates available to subscribers	$177M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit	$56.1M	Analyst estimates available to subscribers	$162M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit Margin	30.2% gross margin	Analyst estimates available to subscribers	91.5% gross profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortization)	$33.7M	Analyst estimates available to subscribers	$21.3M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA Margin	18.2% EBITDA margin	Analyst estimates available to subscribers	12.0% EBITDA margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT (Earnings Before Interest and Taxes)	$14.8M	Analyst estimates available to subscribers	$11.2M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT Margin	8.0% EBIT margin	Analyst estimates available to subscribers	6.3% EBIT margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Income (Net Profit)	$8.4M	Analyst estimates available to subscribers	$3.6M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Profit Margin	4.5% net profit margin	Analyst estimates available to subscribers	2.1% net profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Debt Position	Detailed debt information available to subscribers	Detailed debt information available to subscribers	$49.9M	Detailed debt information available to subscribers	Detailed debt information available to subscribers	Detailed debt information available to subscribers

Financial Performance Summary for Bhagwan Marine

This financial data table provides comprehensive performance metrics for Bhagwan Marine, a company based in Australia. The metrics include revenue, profitability measures, and operational efficiency indicators across multiple time periods.

Recent Performance Highlights

Bhagwan Marine generated $186M in revenue over the last twelve months.
The company achieved $33.7M in EBITDA over the last twelve months.
Gross profit for the last twelve months was $56.1M.
Net income over the last twelve months reached $8.4M.

Fiscal Year Performance

In the most recent fiscal year, Bhagwan Marine reported $177M in total revenue.
Fiscal year EBITDA was $21.3M.
The company maintained a gross profit margin of 91.5% in the most recent fiscal year.
EBITDA margin for the fiscal year was 12.0%.
Net profit margin reached 2.1% in the most recent fiscal year.

This financial data is sourced from Morningstar, Inc. and represents the most recent available information for Bhagwan Marine. Forward-looking estimates and detailed financial projections are available through our premium subscription service.

Bhagwan Marine Stock Performance

Bhagwan Marine has current market cap of AUD 147M (or $96.5M), and EV of AUD 197M (or $129M).

Market Cap Evolution

Bhagwan Marine Stock Data

As of September 19, 2025, Bhagwan Marine's stock price is AUD 1 (or $0).

See Bhagwan Marine trading valuation data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$129M	$96.5M	XXX	XXX	XXX	XXX	$0.03

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

Bhagwan Marine Valuation Multiples

Bhagwan Marine's trades at 0.9x EV/Revenue multiple, and 5.6x EV/EBITDA.

See valuation multiples for Bhagwan Marine and 15K+ public comps

Bhagwan Marine Financial Valuation Multiples

As of September 19, 2025, Bhagwan Marine has market cap of $96.5M and EV of $129M.

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

Bhagwan Marine has a P/E ratio of 11.5x.

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Market cap (current)	$96.5M	XXX	$96.5M	XXX	XXX	XXX
EV (current)	$129M	XXX	$129M	XXX	XXX	XXX
EV/Revenue	0.7x	XXX	0.9x	XXX	XXX	XXX
EV/EBITDA	3.8x	XXX	5.6x	XXX	XXX	XXX
EV/EBIT	8.7x	XXX	11.6x	XXX	XXX	XXX
EV/Gross Profit	2.3x	XXX	n/a	XXX	XXX	XXX
P/E	11.5x	XXX	12.9x	XXX	XXX	XXX
EV/FCF	-16.1x	XXX	n/a	XXX	XXX	XXX

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

Get Bhagwan Marine 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

Bhagwan Marine Margins & Growth Rates

Bhagwan Marine's last 12 month revenue growth is 2%

Bhagwan Marine's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.2M for the same period.

Bhagwan Marine's rule of 40 is 18% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Bhagwan Marine's rule of X is 22% (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 Bhagwan Marine and other 15K+ public comps

Bhagwan Marine Operational Valuation Multiples

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue Growth	2%	XXX	15%	XXX	XXX	XXX
EBITDA Margin	18%	XXX	16%	XXX	XXX	XXX
EBITDA Growth	6%	XXX	26%	XXX	XXX	XXX
Rule of 40	18%	XXX	18%	XXX	XXX	XXX
Bessemer Rule of X	XXX	XXX	22%	XXX	XXX	XXX
Revenue per Employee	XXX	XXX	$0.2M	XXX	XXX	XXX
Opex per Employee	XXX	XXX	$0.2M	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	85%	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

Explore Valuation Multiples by Industry

Start Free Trial