🚀 VC round data is live in beta, check it out!
- Public Comps
- Chagee
Chagee Valuation Multiples
Discover revenue and EBITDA valuation multiples for Chagee and similar public comparables like Flowers Foods, Herbalife, ITO EN, Thai President Foods and more.
Chagee Overview
About Chagee
Chagee Holdings Ltd is a premium tea drinks brand. It is engaged in the sales of freshly-made tea drinks, related raw materials, packaging, teahouse equipment and other supplies in China.
Founded
2023
HQ

Employees
4.8K
Website
Sectors
Financials (LTM)
EV
$824M
Chagee Financials
Chagee reported last 12-month revenue of $2B and EBITDA of $296M.
In the same LTM period, Chagee generated $1B in gross profit, $296M in EBITDA, and $244M in net income.
Revenue (LTM)
Chagee P&L
In the most recent fiscal year, Chagee reported revenue of $2B and EBITDA of $427M.
Chagee expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $824M | XXX | XXX | XXX |
| Gross Margin | 62% | XXX | 46% | XXX | XXX | XXX |
| EBITDA | $296M | XXX | $427M | XXX | XXX | XXX |
| EBITDA Margin | 15% | XXX | 24% | XXX | XXX | XXX |
| EBIT Margin | 14% | XXX | 23% | XXX | XXX | XXX |
| Net Profit | $244M | XXX | $365M | XXX | XXX | XXX |
| Net Margin | 13% | XXX | 20% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Chagee Stock Performance
Chagee has current market cap of $2B, and enterprise value of $824M.
Market Cap Evolution
Chagee's stock price is $10.77.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $824M | $2B | 0.0% | XXX | XXX | XXX | $1.96 |
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 TrialChagee Valuation Multiples
Chagee trades at 0.4x EV/Revenue multiple, and 2.8x EV/EBITDA.
EV / Revenue (LTM)
Chagee Financial Valuation Multiples
As of March 7, 2026, Chagee has market cap of $2B and EV of $824M.
Equity research analysts estimate Chagee's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Chagee has a P/E ratio of 8.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $824M | XXX | $824M | XXX | XXX | XXX |
| EV/Revenue | 0.4x | XXX | 0.5x | XXX | XXX | XXX |
| EV/EBITDA | 2.8x | XXX | 1.9x | XXX | XXX | XXX |
| EV/EBIT | 2.9x | XXX | 2.0x | XXX | XXX | XXX |
| EV/Gross Profit | 0.7x | XXX | 1.0x | XXX | XXX | XXX |
| P/E | 8.2x | XXX | 5.5x | XXX | XXX | XXX |
| EV/FCF | 3.8x | XXX | 2.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Chagee 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.


Chagee Margins & Growth Rates
Chagee's revenue in the last 12 month grew by 15%.
Chagee's revenue per employee in the last FY averaged $0.4M.
Chagee's rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Chagee's rule of X is 52% (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).
Chagee Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 15% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 15% | XXX | 24% | XXX | XXX | XXX |
| EBITDA Growth | 30% | XXX | (35%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 30% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 52% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 11% | XXX | 7% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 15% | XXX | 11% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | — | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 23% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Chagee Public Comps
See public comps and valuation multiples for other Food & Beverages comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Flowers Foods | XXX | XXX | XXX | XXX | XXX | XXX |
| Herbalife | XXX | XXX | XXX | XXX | XXX | XXX |
| ITO EN | XXX | XXX | XXX | XXX | XXX | XXX |
| Thai President Foods | XXX | XXX | XXX | XXX | XXX | XXX |
| Fresh Del Monte Produce | 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.
Chagee M&A Activity
Chagee acquired XXX companies to date.
Last acquisition by Chagee was on XXXXXXXX, XXXXX. Chagee acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Chagee
| 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 TrialChagee Investment Activity
Chagee invested in XXX companies to date.
Chagee made its latest investment on XXXXXXXX, XXXXX. Chagee invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Chagee
| 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 Chagee
| When was Chagee founded? | Chagee was founded in 2023. |
| Where is Chagee headquartered? | Chagee is headquartered in China. |
| How many employees does Chagee have? | As of today, Chagee has over 4K employees. |
| Who is the CEO of Chagee? | Chagee's CEO is Junjie Zhang. |
| Is Chagee publicly listed? | Yes, Chagee is a public company listed on Nasdaq. |
| What is the stock symbol of Chagee? | Chagee trades under CHA ticker. |
| When did Chagee go public? | Chagee went public in 2025. |
| Who are competitors of Chagee? | Chagee main competitors are Flowers Foods, Herbalife, ITO EN, Thai President Foods. |
| What is the current market cap of Chagee? | Chagee's current market cap is $2B. |
| What is the current revenue of Chagee? | Chagee's last 12 months revenue is $2B. |
| What is the current revenue growth of Chagee? | Chagee revenue growth (NTM/LTM) is 15%. |
| What is the current EV/Revenue multiple of Chagee? | Current revenue multiple of Chagee is 0.4x. |
| Is Chagee profitable? | Yes, Chagee is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Chagee? | Chagee's last 12 months EBITDA is $296M. |
| What is Chagee's EBITDA margin? | Chagee's last 12 months EBITDA margin is 15%. |
| What is the current EV/EBITDA multiple of Chagee? | Current EBITDA multiple of Chagee is 2.8x. |
| What is the current FCF of Chagee? | Chagee's last 12 months FCF is $218M. |
| What is Chagee's FCF margin? | Chagee's last 12 months FCF margin is 11%. |
| What is the current EV/FCF multiple of Chagee? | Current FCF multiple of Chagee is 3.8x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.