🎉 M&A multiples are live!
Check it out!

Cherry Valuation Multiples

Discover revenue and EBITDA valuation multiples for Cherry and similar public comparables like Cellularline, Xaar, and Spigen.

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

Germany
Employees

412

Website

cherry.de

Financials

LTM Revenue $128M

LTM EBITDA -$4.3M

EV

$55.9M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Cherry Financials

Cherry has a last 12-month revenue (LTM) of $128M and a last 12-month EBITDA of -$4.3M.

In the most recent fiscal year, Cherry achieved revenue of $130M and an EBITDA of -$41.7M.

Cherry expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Cherry valuation multiples based on analyst estimates

Cherry P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $128M XXX $130M XXX XXX XXX
Gross Profit $40.7M XXX $28.2M XXX XXX XXX
Gross Margin 32% XXX 22% XXX XXX XXX
EBITDA -$4.3M XXX -$41.7M XXX XXX XXX
EBITDA Margin -3% XXX -32% XXX XXX XXX
EBIT -$20.5M XXX -$42.7M XXX XXX XXX
EBIT Margin -16% XXX -33% XXX XXX XXX
Net Profit -$21.4M XXX -$53.5M XXX XXX XXX
Net Margin -17% XXX -41% XXX XXX XXX
Net Debt XXX XXX $11.8M XXX XXX XXX

Financial data powered by Morningstar, Inc.

Cherry Stock Performance

As of July 18, 2025, Cherry's stock price is EUR 1 (or $1).

Cherry has current market cap of EUR 20.5M (or $24.1M), and EV of EUR 47.5M (or $55.9M).

See Cherry trading valuation data

Cherry Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$55.9M $24.1M XXX XXX XXX XXX $-0.91

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Cherry Valuation Multiples

As of July 18, 2025, Cherry has market cap of $24.1M and EV of $55.9M.

Cherry's trades at 0.4x EV/Revenue multiple, and -1.3x EV/EBITDA.

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 -1.1x.

See valuation multiples for Cherry and 12K+ public comps

Cherry Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $24.1M XXX $24.1M XXX XXX XXX
EV (current) $55.9M XXX $55.9M XXX XXX XXX
EV/Revenue 0.4x XXX 0.4x XXX XXX XXX
EV/EBITDA -13.1x XXX -1.3x XXX XXX XXX
EV/EBIT -2.7x XXX -1.3x XXX XXX XXX
EV/Gross Profit 1.4x XXX n/a XXX XXX XXX
P/E -1.1x XXX -0.5x XXX XXX XXX
EV/FCF 47.1x XXX -8.6x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Cherry Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Cherry Margins & Growth Rates

Cherry's last 12 month revenue growth is 3%

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 -88% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Cherry's rule of X is 5% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Cherry and other 12K+ public comps

Cherry Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 3% XXX 3% XXX XXX XXX
EBITDA Margin -3% XXX -32% XXX XXX XXX
EBITDA Growth -195% XXX n/a XXX XXX XXX
Rule of 40 -88% XXX -29% XXX XXX XXX
Bessemer Rule of X XXX XXX 5% XXX XXX XXX
Revenue per Employee XXX XXX $0.3M XXX XXX XXX
Opex per Employee XXX XXX $0.2M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 28% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX 10% XXX XXX XXX
Opex to Revenue XXX XXX 54% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Cherry Public Comps

See public comps and valuation multiples for Peripherals comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Cal-Comp Electronics XXX XXX XXX XXX XXX XXX
Vivanco Gruppe XXX XXX XXX XXX XXX XXX
Spigen XXX XXX XXX XXX XXX XXX
Xaar XXX XXX XXX XXX XXX XXX
Cellularline 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 and Investment Activity

Cherry acquired  XXX companies to date.

Last acquisition by Cherry was  XXXXXXXX, XXXXX XXXXX XXXXXX . Cherry acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Cherry

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About 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 412 employees.
Is Cherry publicy listed? Yes, Cherry is a public company listed on FRA.
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? Similar companies to Cherry include e.g. Cal-Comp Electronics, Vivanco Gruppe, Spigen, Xaar.
What is the current market cap of Cherry? Cherry's current market cap is $24.1M
What is the current revenue of Cherry? Cherry's last 12 months revenue is $128M.
What is the current revenue growth of Cherry? Cherry revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of Cherry? Current revenue multiple of Cherry is 0.4x.
Is Cherry profitable? Yes, Cherry is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Cherry? Cherry's last 12 months EBITDA is -$4.3M.
What is Cherry's EBITDA margin? Cherry's last 12 months EBITDA margin is -3%.
What is the current EV/EBITDA multiple of Cherry? Current EBITDA multiple of Cherry is -13.1x.
What is the current FCF of Cherry? Cherry's last 12 months FCF is $1.2M.
What is Cherry's FCF margin? Cherry's last 12 months FCF margin is 1%.
What is the current EV/FCF multiple of Cherry? Current FCF multiple of Cherry is 47.1x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.