🚀 VC round data is live in beta, check it out!
- Public Comps
- Cascades
Cascades Valuation Multiples
Discover revenue and EBITDA valuation multiples for Cascades and similar public comparables like Myers Industries, Matthews International, Time Technoplast, Nippon Paper Group and more.
Cascades Overview
About Cascades
Cascades Inc is a paper and packaging company that produces, converts, and sells packaging and tissue products composed predominantly of recycled fibres. Its customer base includes food processing companies, the maintenance industry, accommodations and housing industry, micro-businesses, and boutiques. The products are marketed through brands such as Cascades Fresh, Cascades Protect, Cascades IMGN, Cascades PRO, and Cascades Fluff & Tuff, among others. The company is organized into three main business segments; Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. A majority of its revenue is generated from the Containerboard segment. Geographically, the company derives maximum revenue from the United States and the rest from Canada.
Founded
1964
HQ

Employees
9.7K
Website
Financials (LTM)
EV
$2B
Cascades Financials
Cascades reported last 12-month revenue of $3B and EBITDA of $427M.
In the same LTM period, Cascades generated $736M in gross profit, $427M in EBITDA, and $87M in net income.
Cascades P&L
In the most recent fiscal year, Cascades reported revenue of $3B and EBITDA of $421M.
Cascades expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $736M | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 21% | XXX | 40% | XXX | XXX | XXX |
| EBITDA | $427M | XXX | $421M | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 12% | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| Net Profit | $87M | XXX | $81M | XXX | XXX | XXX |
| Net Margin | 3% | XXX | 2% | XXX | XXX | XXX |
| Net Debt | — | — | $1B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Cascades Stock Performance
Cascades has current market cap of $883M, and enterprise value of $2B.
Cascades' stock price is $8.72.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $883M | -0.3% | XXX | XXX | XXX | $0.80 |
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 TrialCascades Valuation Multiples
Cascades trades at 0.7x EV/Revenue multiple, and 5.5x EV/EBITDA.
Cascades Financial Valuation Multiples
As of March 29, 2026, Cascades has market cap of $883M and EV of $2B.
Equity research analysts estimate Cascades' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Cascades has a P/E ratio of 10.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $883M | XXX | $883M | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 5.5x | XXX | 5.5x | XXX | XXX | XXX |
| EV/EBIT | 11.8x | XXX | 11.0x | XXX | XXX | XXX |
| EV/Gross Profit | 3.2x | XXX | 1.7x | XXX | XXX | XXX |
| P/E | 10.2x | XXX | 10.9x | XXX | XXX | XXX |
| EV/FCF | 16.3x | XXX | 14.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cascades 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.


Cascades Margins & Growth Rates
Cascades' revenue in the last 12 month declined by (0%).
Cascades' revenue per employee in the last FY averaged $0.4M.
Cascades' rule of 40 is 12% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Cascades' rule of X is 12% (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).
Cascades Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (0%) | XXX | (1%) | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Growth | 5% | XXX | 6% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 12% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 12% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 23% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 34% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Cascades Public Comps
See public comps and valuation multiples for other Paper & Forest Products and Packaging & Containers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Myers Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| Matthews International | XXX | XXX | XXX | XXX | XXX | XXX |
| Time Technoplast | XXX | XXX | XXX | XXX | XXX | XXX |
| Nippon Paper Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Zignago Vetro | 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.
Cascades M&A Activity
Cascades acquired XXX companies to date.
Last acquisition by Cascades was on XXXXXXXX, XXXXX. Cascades acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Cascades
| 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 TrialCascades Investment Activity
Cascades invested in XXX companies to date.
Cascades made its latest investment on XXXXXXXX, XXXXX. Cascades invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Cascades
| 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 Cascades
| When was Cascades founded? | Cascades was founded in 1964. |
| Where is Cascades headquartered? | Cascades is headquartered in Canada. |
| How many employees does Cascades have? | As of today, Cascades has over 9K employees. |
| Is Cascades publicly listed? | Yes, Cascades is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Cascades? | Cascades trades under CAS ticker. |
| When did Cascades go public? | Cascades went public in 1984. |
| Who are competitors of Cascades? | Cascades main competitors are Myers Industries, Matthews International, Time Technoplast, Nippon Paper Group. |
| What is the current market cap of Cascades? | Cascades' current market cap is $883M. |
| What is the current revenue of Cascades? | Cascades' last 12 months revenue is $3B. |
| What is the current revenue growth of Cascades? | Cascades revenue growth (NTM/LTM) is (0%). |
| What is the current EV/Revenue multiple of Cascades? | Current revenue multiple of Cascades is 0.7x. |
| Is Cascades profitable? | Yes, Cascades is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Cascades? | Cascades' last 12 months EBITDA is $427M. |
| What is Cascades' EBITDA margin? | Cascades' last 12 months EBITDA margin is 12%. |
| What is the current EV/EBITDA multiple of Cascades? | Current EBITDA multiple of Cascades is 5.5x. |
| What is the current FCF of Cascades? | Cascades' last 12 months FCF is $143M. |
| What is Cascades' FCF margin? | Cascades' last 12 months FCF margin is 4%. |
| What is the current EV/FCF multiple of Cascades? | Current FCF multiple of Cascades is 16.3x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.