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Cherry Valuation Multiples
Discover revenue and EBITDA valuation multiples for Cherry and similar public comparables like Cibox Inter@ctive, ClearOne, Bigben Interactive, Ordissimo and more.
Cherry Overview
About Cherry
Cherry SE is a manufacturer of high-end mechanical keyboard switches and computer input devices such as keyboards, mice, microphones, and headsets for gaming and e-sports and (hybrid) office workstation applications as well as industrial applications and the healthcare sector. The product offerings of the company include USB-A / USB-C Adapters, Mice, Accessories, and other products. The company's activities are divided into three different business segments: Components segment; Gaming & Office Peripherals segment; and Digital Health & Solutions segment. It generates majority of its revenue from Gaming & Office Peripherals segment which includes the business with computer peripherals for professional use in gaming and e-sports as well as for use in (hybrid) office solutions and industry.
Founded
1953
HQ
Employees
412
Website
Sectors
Financials (LTM)
EV
$47M
Cherry Financials
Cherry reported last 12-month revenue of $112M and negative EBITDA of ($13M).
In the same LTM period, Cherry generated $32M in gross profit, ($13M) in EBITDA losses, and had net loss of ($23M).
Revenue (LTM)
Cherry P&L
In the most recent fiscal year, Cherry reported revenue of $127M and EBITDA of ($41M).
Cherry expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $112M | XXX | $127M | XXX | XXX | XXX |
| Gross Profit | $32M | XXX | $27M | XXX | XXX | XXX |
| Gross Margin | 28% | XXX | 22% | XXX | XXX | XXX |
| EBITDA | ($13M) | XXX | ($41M) | XXX | XXX | XXX |
| EBITDA Margin | (12%) | XXX | (32%) | XXX | XXX | XXX |
| EBIT Margin | (22%) | XXX | (33%) | XXX | XXX | XXX |
| Net Profit | ($23M) | XXX | ($52M) | XXX | XXX | XXX |
| Net Margin | (21%) | XXX | (41%) | XXX | XXX | XXX |
| Net Debt | — | — | $11M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Cherry Stock Performance
Cherry has current market cap of $12M, and enterprise value of $47M.
Market Cap Evolution
Cherry's stock price is $0.53.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $47M | $12M | -0.3% | XXX | XXX | XXX | $-2.25 |
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Start Free TrialCherry Valuation Multiples
Cherry trades at 0.4x EV/Revenue multiple, and (3.6x) EV/EBITDA.
EV / Revenue (LTM)
Cherry Financial Valuation Multiples
As of April 2, 2026, Cherry has market cap of $12M and EV of $47M.
Equity research analysts estimate Cherry's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Cherry has a P/E ratio of (0.5x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $12M | XXX | $12M | XXX | XXX | XXX |
| EV (current) | $47M | XXX | $47M | XXX | XXX | XXX |
| EV/Revenue | 0.4x | XXX | 0.4x | XXX | XXX | XXX |
| EV/EBITDA | (3.6x) | XXX | (1.1x) | XXX | XXX | XXX |
| EV/EBIT | (1.9x) | XXX | (1.1x) | XXX | XXX | XXX |
| EV/Gross Profit | 1.5x | XXX | 1.7x | XXX | XXX | XXX |
| P/E | (0.5x) | XXX | (0.2x) | XXX | XXX | XXX |
| EV/FCF | (4.5x) | XXX | (7.4x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cherry 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.
Cherry Margins & Growth Rates
Cherry's revenue in the last 12 month grew by 5%.
Cherry's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
Cherry's rule of 40 is 3% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Cherry's rule of X is 9% (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).
Cherry Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | (12%) | XXX | XXX | XXX |
| EBITDA Margin | (12%) | XXX | (32%) | XXX | XXX | XXX |
| EBITDA Growth | (105%) | XXX | (59%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 3% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 9% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 24% | XXX | 28% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 17% | XXX | 16% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 8% | XXX | 10% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 54% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Cherry Public Comps
See public comps and valuation multiples for other Peripherals comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Cibox Inter@ctive | XXX | XXX | XXX | XXX | XXX | XXX |
| ClearOne | XXX | XXX | XXX | XXX | XXX | XXX |
| Bigben Interactive | XXX | XXX | XXX | XXX | XXX | XXX |
| Ordissimo | XXX | XXX | XXX | XXX | XXX | XXX |
| Boxlight | 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.
Cherry M&A Activity
Cherry acquired XXX companies to date.
Last acquisition by Cherry was on XXXXXXXX, XXXXX. Cherry acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Cherry
| 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 TrialCherry Investment Activity
Cherry invested in XXX companies to date.
Cherry made its latest investment on XXXXXXXX, XXXXX. Cherry invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Cherry
| 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 Cherry
| When was Cherry founded? | Cherry was founded in 1953. |
| Where is Cherry headquartered? | Cherry is headquartered in Germany. |
| How many employees does Cherry have? | As of today, Cherry has over 412 employees. |
| Is Cherry publicly listed? | Yes, Cherry is a public company listed on Frankfurt Stock Exchange. |
| What is the stock symbol of Cherry? | Cherry trades under C3RY ticker. |
| When did Cherry go public? | Cherry went public in 2021. |
| Who are competitors of Cherry? | Cherry main competitors are Cibox Inter@ctive, ClearOne, Bigben Interactive, Ordissimo. |
| What is the current market cap of Cherry? | Cherry's current market cap is $12M. |
| What is the current revenue of Cherry? | Cherry's last 12 months revenue is $112M. |
| What is the current revenue growth of Cherry? | Cherry revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of Cherry? | Current revenue multiple of Cherry is 0.4x. |
| Is Cherry profitable? | No, Cherry is not profitable. |
| What is the current EBITDA of Cherry? | Cherry has negative EBITDA and is not profitable. |
| What is Cherry's EBITDA margin? | Cherry's last 12 months EBITDA margin is (12%). |
| What is the current EV/EBITDA multiple of Cherry? | Current EBITDA multiple of Cherry is (3.6x). |
| What is the current FCF of Cherry? | Cherry's last 12 months FCF is ($10M). |
| What is Cherry's FCF margin? | Cherry's last 12 months FCF margin is (9%). |
| What is the current EV/FCF multiple of Cherry? | Current FCF multiple of Cherry is (4.5x). |
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