🚀 VC round data is live in beta, check it out!
- Public Comps
- Bhagwan Marine
Bhagwan Marine Valuation Multiples
Discover revenue and EBITDA valuation multiples for Bhagwan Marine and similar public comparables like Luka Ploce, Odessos Shiprepair Yard, Grupo TMM, ACI and more.
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
1.0K
Website
Sectors
Financials (LTM)
EV
$121M
Bhagwan Marine Financials
Bhagwan Marine reported last 12-month revenue of $197M and EBITDA of $38M.
In the same LTM period, Bhagwan Marine generated $61M in gross profit, $38M in EBITDA, and $9M in net income.
Revenue (LTM)
Bhagwan Marine P&L
In the most recent fiscal year, Bhagwan Marine reported revenue of $201M and EBITDA of $36M.
Bhagwan Marine expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $197M | XXX | $201M | XXX | XXX | XXX |
| Gross Profit | $61M | XXX | $188M | XXX | XXX | XXX |
| Gross Margin | 31% | XXX | 94% | XXX | XXX | XXX |
| EBITDA | $38M | XXX | $36M | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 18% | XXX | XXX | XXX |
| EBIT Margin | 8% | XXX | 8% | XXX | XXX | XXX |
| Net Profit | $9M | XXX | $9M | XXX | XXX | XXX |
| Net Margin | 5% | XXX | 4% | XXX | XXX | XXX |
| Net Debt | — | — | $12M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Bhagwan Marine Stock Performance
Bhagwan Marine has current market cap of $85M, and enterprise value of $121M.
Market Cap Evolution
Bhagwan Marine's stock price is $0.31.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $121M | $85M | 0.6% | XXX | XXX | XXX | $0.03 |
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 TrialBhagwan Marine Valuation Multiples
Bhagwan Marine trades at 0.6x EV/Revenue multiple, and 3.2x EV/EBITDA.
EV / Revenue (LTM)
Bhagwan Marine Financial Valuation Multiples
As of March 19, 2026, Bhagwan Marine has market cap of $85M and EV of $121M.
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 9.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $85M | XXX | $85M | XXX | XXX | XXX |
| EV (current) | $121M | XXX | $121M | XXX | XXX | XXX |
| EV/Revenue | 0.6x | XXX | 0.6x | XXX | XXX | XXX |
| EV/EBITDA | 3.2x | XXX | 3.4x | XXX | XXX | XXX |
| EV/EBIT | 7.6x | XXX | 7.7x | XXX | XXX | XXX |
| EV/Gross Profit | 2.0x | XXX | 0.6x | XXX | XXX | XXX |
| P/E | 9.6x | XXX | 9.6x | XXX | XXX | XXX |
| EV/FCF | 5.5x | XXX | (205.3x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Bhagwan Marine 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.


Bhagwan Marine Margins & Growth Rates
Bhagwan Marine's revenue in the last 12 month grew by 20%.
Bhagwan Marine's revenue per employee in the last FY averaged $0.2M.
Bhagwan Marine's rule of 40 is 39% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Bhagwan Marine's rule of X is 70% (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).
Bhagwan Marine Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 20% | XXX | 0% | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Growth | 38% | XXX | 11% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 39% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 70% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 45% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 86% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Bhagwan Marine Public Comps
See public comps and valuation multiples for other Marine Transportation comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Luka Ploce | XXX | XXX | XXX | XXX | XXX | XXX |
| Odessos Shiprepair Yard | XXX | XXX | XXX | XXX | XXX | XXX |
| Grupo TMM | XXX | XXX | XXX | XXX | XXX | XXX |
| ACI | XXX | XXX | XXX | XXX | XXX | XXX |
| Technical Olympic | 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.
Bhagwan Marine M&A Activity
Bhagwan Marine acquired XXX companies to date.
Last acquisition by Bhagwan Marine was on XXXXXXXX, XXXXX. Bhagwan Marine acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Bhagwan Marine
| 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 TrialBhagwan Marine Investment Activity
Bhagwan Marine invested in XXX companies to date.
Bhagwan Marine made its latest investment on XXXXXXXX, XXXXX. Bhagwan Marine invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Bhagwan Marine
| 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 Bhagwan Marine
| When was Bhagwan Marine founded? | Bhagwan Marine was founded in 1985. |
| Where is Bhagwan Marine headquartered? | Bhagwan Marine is headquartered in Australia. |
| How many employees does Bhagwan Marine have? | As of today, Bhagwan Marine has over 1K employees. |
| Is Bhagwan Marine publicly listed? | Yes, Bhagwan Marine is a public company listed on Australian Securities Exchange. |
| What is the stock symbol of Bhagwan Marine? | Bhagwan Marine trades under BWN ticker. |
| When did Bhagwan Marine go public? | Bhagwan Marine went public in 2024. |
| Who are competitors of Bhagwan Marine? | Bhagwan Marine main competitors are Luka Ploce, Odessos Shiprepair Yard, Grupo TMM, ACI. |
| What is the current market cap of Bhagwan Marine? | Bhagwan Marine's current market cap is $85M. |
| What is the current revenue of Bhagwan Marine? | Bhagwan Marine's last 12 months revenue is $197M. |
| What is the current revenue growth of Bhagwan Marine? | Bhagwan Marine revenue growth (NTM/LTM) is 20%. |
| What is the current EV/Revenue multiple of Bhagwan Marine? | Current revenue multiple of Bhagwan Marine is 0.6x. |
| Is Bhagwan Marine profitable? | Yes, Bhagwan Marine is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Bhagwan Marine? | Bhagwan Marine's last 12 months EBITDA is $38M. |
| What is Bhagwan Marine's EBITDA margin? | Bhagwan Marine's last 12 months EBITDA margin is 19%. |
| What is the current EV/EBITDA multiple of Bhagwan Marine? | Current EBITDA multiple of Bhagwan Marine is 3.2x. |
| What is the current FCF of Bhagwan Marine? | Bhagwan Marine's last 12 months FCF is $22M. |
| What is Bhagwan Marine's FCF margin? | Bhagwan Marine's last 12 months FCF margin is 11%. |
| What is the current EV/FCF multiple of Bhagwan Marine? | Current FCF multiple of Bhagwan Marine is 5.5x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.