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Carel Industries Valuation Multiples
Discover revenue and EBITDA valuation multiples for Carel Industries and similar public comparables like Jiangxi Lianchuang, Ultra Clean Holdings, MITAC Holdings, Nippon Electric Glass and more.
Carel Industries Overview
About Carel Industries
Carel Industries SpA manufactures control systems and humidification for air conditioning and refrigeration. The group provides control solutions for the commercial, industrial, and residential air-conditioning and refrigeration (HVAC/R) markets. Its geographical segments are Europe, the Middle East and Africa, North America, South America, and APAC. The company's industrial applications for the air-conditioning sector are designed for data centers. Its products include programmable controls, room terminals, Isothermal Humidifiers, Sensors and protection devices, Sensors and protection devices, and others. It derives maximum revenue from Europe, the Middle East, and Africa segment.
Founded
1973
HQ

Employees
2.6K
Website
Financials (LTM)
EV
$3B
Carel Industries Financials
Carel Industries reported last 12-month revenue of $756M and EBITDA of $151M.
In the same LTM period, Carel Industries generated $460M in gross profit, $151M in EBITDA, and $86M in net income.
Revenue (LTM)
Carel Industries P&L
In the most recent fiscal year, Carel Industries reported revenue of $749M and EBITDA of $171M.
Carel Industries expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $756M | XXX | $749M | XXX | XXX | XXX |
| Gross Profit | $460M | XXX | $464M | XXX | XXX | XXX |
| Gross Margin | 61% | XXX | 62% | XXX | XXX | XXX |
| EBITDA | $151M | XXX | $171M | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 23% | XXX | XXX | XXX |
| EBIT Margin | 14% | XXX | 13% | XXX | XXX | XXX |
| Net Profit | $86M | XXX | $87M | XXX | XXX | XXX |
| Net Margin | 11% | XXX | 12% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Carel Industries Stock Performance
Carel Industries has current market cap of $3B, and enterprise value of $3B.
Market Cap Evolution
Carel Industries' stock price is $30.88.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $3B | -0.5% | XXX | XXX | XXX | $0.77 |
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Start Free TrialCarel Industries Valuation Multiples
Carel Industries trades at 4.6x EV/Revenue multiple, and 22.9x EV/EBITDA.
EV / Revenue (LTM)
Carel Industries Financial Valuation Multiples
As of April 17, 2026, Carel Industries has market cap of $3B and EV of $3B.
Equity research analysts estimate Carel Industries' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Carel Industries has a P/E ratio of 40.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 4.6x | XXX | 4.6x | XXX | XXX | XXX |
| EV/EBITDA | 22.9x | XXX | 20.2x | XXX | XXX | XXX |
| EV/EBIT | 32.8x | XXX | 34.4x | XXX | XXX | XXX |
| EV/Gross Profit | 7.5x | XXX | 7.4x | XXX | XXX | XXX |
| P/E | 40.6x | XXX | 39.9x | XXX | XXX | XXX |
| EV/FCF | 34.6x | XXX | 30.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Carel Industries 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.


Carel Industries Margins & Growth Rates
Carel Industries' revenue in the last 12 month grew by 11%.
Carel Industries' revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Carel Industries' rule of 40 is 29% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Carel Industries' rule of X is 42% (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).
Carel Industries Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | 9% | XXX | XXX | XXX |
| EBITDA Margin | 20% | XXX | 23% | XXX | XXX | XXX |
| EBITDA Growth | 13% | XXX | (3%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 29% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 42% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 49% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Carel Industries Public Comps
See public comps and valuation multiples for other Computer Hardware and Automation & Robotics comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Carel Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| Jiangxi Lianchuang | XXX | XXX | XXX | XXX | XXX | XXX |
| Ultra Clean Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| MITAC Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Nippon Electric Glass | XXX | XXX | XXX | XXX | XXX | XXX |
| StarPower Semiconductor | 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.
Carel Industries M&A Activity
Carel Industries acquired XXX companies to date.
Last acquisition by Carel Industries was on XXXXXXXX, XXXXX. Carel Industries acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Carel Industries
| 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 TrialCarel Industries Investment Activity
Carel Industries invested in XXX companies to date.
Carel Industries made its latest investment on XXXXXXXX, XXXXX. Carel Industries invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Carel Industries
| 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 Carel Industries
| When was Carel Industries founded? | Carel Industries was founded in 1973. |
| Where is Carel Industries headquartered? | Carel Industries is headquartered in Italy. |
| How many employees does Carel Industries have? | As of today, Carel Industries has over 2K employees. |
| Who is the CEO of Carel Industries? | Carel Industries' CEO is Francesco Nalini. |
| Is Carel Industries publicly listed? | Yes, Carel Industries is a public company listed on Borsa Italiana. |
| What is the stock symbol of Carel Industries? | Carel Industries trades under CRL ticker. |
| When did Carel Industries go public? | Carel Industries went public in 2018. |
| Who are competitors of Carel Industries? | Carel Industries main competitors are Jiangxi Lianchuang, Ultra Clean Holdings, MITAC Holdings, Nippon Electric Glass. |
| What is the current market cap of Carel Industries? | Carel Industries' current market cap is $3B. |
| What is the current revenue of Carel Industries? | Carel Industries' last 12 months revenue is $756M. |
| What is the current revenue growth of Carel Industries? | Carel Industries revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of Carel Industries? | Current revenue multiple of Carel Industries is 4.6x. |
| Is Carel Industries profitable? | Yes, Carel Industries is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Carel Industries? | Carel Industries' last 12 months EBITDA is $151M. |
| What is Carel Industries' EBITDA margin? | Carel Industries' last 12 months EBITDA margin is 20%. |
| What is the current EV/EBITDA multiple of Carel Industries? | Current EBITDA multiple of Carel Industries is 22.9x. |
| What is the current FCF of Carel Industries? | Carel Industries' last 12 months FCF is $100M. |
| What is Carel Industries' FCF margin? | Carel Industries' last 12 months FCF margin is 13%. |
| What is the current EV/FCF multiple of Carel Industries? | Current FCF multiple of Carel Industries is 34.6x. |
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