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BingEx Valuation Multiples
Discover revenue and EBITDA valuation multiples for BingEx and similar public comparables like PKP Cargo, Elanders, Proficient Auto Logistics, Mandiri Herindo and more.
BingEx Overview
About BingEx
BingEx Ltd provides on-demand dedicated courier services for individual and business customers with superior time certainty, delivery safety, mobile platform, Mini-Programs, website, API-connected third-party systems, and service quality. The company brands its services as FlashEx, which means delivery in a flash. The Group’s principal operations and geographic markets are in the People’s Republic of China.
Founded
2014
HQ

Employees
1.0K
Website
Sectors
Financials (FY)
EV
$34M
BingEx Financials
BingEx reported last fiscal year revenue of $654M and negative EBITDA of ($3M).
In the same fiscal year, BingEx generated $72M in gross profit, ($3M) in EBITDA losses, and had net loss of ($21M).
BingEx P&L
In the most recent fiscal year, BingEx reported revenue of $654M and EBITDA of ($3M).
BingEx expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $654M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $72M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 11% | XXX | XXX | XXX |
| EBITDA | — | XXX | ($3M) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (1%) | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (1%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($21M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (3%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
BingEx Stock Performance
BingEx has current market cap of $170M, and enterprise value of $34M.
Market Cap Evolution
BingEx's stock price is $2.38.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $34M | $170M | -8.7% | XXX | XXX | XXX | $-0.30 |
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Start Free TrialBingEx Valuation Multiples
BingEx trades at 0.1x EV/Revenue multiple, and (10.2x) EV/EBITDA.
BingEx Financial Valuation Multiples
As of April 11, 2026, BingEx has market cap of $170M and EV of $34M.
Equity research analysts estimate BingEx's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
BingEx has a P/E ratio of (7.9x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $170M | XXX | $170M | XXX | XXX | XXX |
| EV (current) | $34M | XXX | $34M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 0.1x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | (10.2x) | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (9.0x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 0.5x | XXX | XXX | XXX |
| P/E | — | XXX | (7.9x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | 221.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified BingEx 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.


BingEx Margins & Growth Rates
BingEx's revenue in the last fiscal year declined by (1%).
BingEx's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.1M for the same period.
BingEx Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | (1%) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (1%) | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (247%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 5% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 3% | XXX | XXX | XXX |
| R&D Expenses to Revenue | — | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 12% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
BingEx Public Comps
See public comps and valuation multiples for other Logistics & Air Freight comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| PKP Cargo | XXX | XXX | XXX | XXX | XXX | XXX |
| Elanders | XXX | XXX | XXX | XXX | XXX | XXX |
| Proficient Auto Logistics | XXX | XXX | XXX | XXX | XXX | XXX |
| Mandiri Herindo | XXX | XXX | XXX | XXX | XXX | XXX |
| Luka Rijeka | 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.
BingEx M&A Activity
BingEx acquired XXX companies to date.
Last acquisition by BingEx was on XXXXXXXX, XXXXX. BingEx acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by BingEx
| 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 |
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Start Free TrialBingEx Investment Activity
BingEx invested in XXX companies to date.
BingEx made its latest investment on XXXXXXXX, XXXXX. BingEx invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by BingEx
| 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 BingEx
| When was BingEx founded? | BingEx was founded in 2014. |
| Where is BingEx headquartered? | BingEx is headquartered in China. |
| How many employees does BingEx have? | As of today, BingEx has over 1K employees. |
| Who is the CEO of BingEx? | BingEx's CEO is Peng Xue. |
| Is BingEx publicly listed? | Yes, BingEx is a public company listed on Nasdaq. |
| What is the stock symbol of BingEx? | BingEx trades under FLX ticker. |
| When did BingEx go public? | BingEx went public in 2024. |
| Who are competitors of BingEx? | BingEx main competitors are PKP Cargo, Elanders, Proficient Auto Logistics, Mandiri Herindo. |
| What is the current market cap of BingEx? | BingEx's current market cap is $170M. |
| What is the current revenue of BingEx? | BingEx's last fiscal year revenue is $654M. |
| What is the current EV/Revenue multiple of BingEx? | Current revenue multiple of BingEx is 0.1x. |
| Is BingEx profitable? | No, BingEx is not profitable. |
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