- Companies
- Circle Italy
Circle Italy Valuation Multiples
Circle Italy is valued at $100M as of October 2026, a 3.3x revenue multiple. In the last 12 months, Circle Italy revenue was $30M and Circle Italy EBITDA was $8M.
Circle Italy Overview
About Circle Italy
Circle is an Italian software group headquartered in Genoa that builds digital platforms for ports, intermodal terminals and logistics chains. Its products include terminal operating systems, port community systems, cargo and e-document tracking tools and customs digitalisation software, sold to terminal operators, shipping agencies, freight forwarders and port authorities. The group also advises public and private bodies on European funding and international communication. Its shares are listed on Euronext Growth Milan, having first traded on the AIM Italia market in 2018. Through its subsidiary eXyond it supplies telematics and infomobility services, and it has grown by buying small software and technology companies such as Progetto Adele, Cargo Start and QMAP. The group is led by chairman and chief executive Luca Abatello.
Founded
2012
HQ
Employees
83
Website
Sectors
Financials (LTM)
EV
$98M
Valuation Multiples
Start free trialCircle Italy Financials
Circle Italy reported last 12-month revenue of $30M and EBITDA of $8M.
In the same LTM period, Circle Italy generated $29M in gross profit, $8M in EBITDA, and $4M in net income.
Revenue (LTM)
Circle Italy P&L
In the most recent fiscal year, Circle Italy reported revenue of $23M and EBITDA of $7M.
Circle Italy is profitable as of last fiscal year, with gross margin of 75%, EBITDA margin of 29%, and net margin of 11%.
Financial data powered by Morningstar, Inc.
Circle Italy Stock Performance
Circle Italy has current market cap of $100M, and enterprise value of $98M.
Market Cap Evolution
Circle Italy's stock price is $20.98.
Circle Italy share price increased by 15.7% in the last 30 days, and by 103.9% in the last year.
Circle Italy has an EPS (earnings per share) of $0.52.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $98M | $100M | 2.5% | 15.7% | 34.1% | 103.9% | $0.52 |
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 TrialCircle Italy Valuation Multiples
Circle Italy trades at 3.3x EV/Revenue multiple, and 12.1x EV/EBITDA.
EV / Revenue (LTM)
Circle Italy Financial Valuation Multiples
As of October 30, 2026, Circle Italy has market cap of $100M and EV of $98M.
Circle Italy has a P/E ratio of 28.3x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Circle Italy 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.


Circle Italy Margins & Growth Rates
Circle Italy grew revenue by 36% and EBITDA by 24% in the last fiscal year.
In the most recent fiscal year, Circle Italy reported gross margin of 75%, EBITDA margin of 29%, and net margin of 11%.
Circle Italy Margins
Circle Italy Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Circle Italy Operational KPIs
Circle Italy's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
Circle Italy's Rule of 40 is 63% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Circle Italy's Rule of X is 118% (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).
Data powered by FactSet, Inc. and Morningstar, Inc.
Circle Italy Competitors
Circle Italy competitors include Softronic, Sahana System, USU Software, Woongjin, Boldt, Loihde, Forte, Needs Well, Cenit and Atturra.
Most Circle Italy public comparables operate across IT Consulting.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $92M | $11M | 1.0x | - | 8.9x | - | |||
| $35M | $10M | 2.9x | - | 9.7x | - | |||
| $57M | $4M | 1.8x | - | 23.9x | - | |||
| $861M | $193M | 0.8x | - | 3.5x | - | |||
| $93M | $8M | 1.2x | - | 13.4x | - | |||
| $161M | $13M | 0.7x | - | 8.5x | - | |||
| $49M | $15M | 2.9x | - | 9.5x | - | |||
| $63M | $9M | 1.3x | 1.3x | 9.2x | - | |||
This data is available for Pro users. Sign up to see all Circle Italy competitors and their valuation data. Start Free Trial | ||||||||
Acquisitions by Circle Italy
Circle Italy has acquired 2 companies to date.
Last acquisition by Circle Italy was on March 31st 2026. Circle Italy acquired QMAP for $2M (EV/Revenue multiple available to Pro users).
Latest Acquisitions by Circle Italy
| Description | QMAP is an Italian company that develops technology for geographic information systems and Intelligent Transport Systems. It builds infomobility and real-time traffic and transport analytics products, delivered as IoT solutions on premises and as a service. It reported revenue of about EUR 1.4 million in 2025, with EBITDA of about EUR 0.3 million. Since March 2026 it has been wholly owned by eXyond, a subsidiary of the Circle group. Its offer complements eXyond's telematics and infomobility services for ports, transport and logistics operators. Net profit for 2025 was about EUR 140 thousand, and revenue grew about 17% on the year before. The purchase was financed in cash, partly with Circle shares in the final tranche. | Progetto Adele is an Italian software house founded in Genoa in 2003 that develops vertical software for logistics and freight forwarding. Its two products are Master SPED, a web enterprise system for shipping and logistics, and Master TRADE, a web enterprise system for commerce and industry. They cover orders, warehouse management, invoicing, customs and document controls, including links to the single customs window and port community systems. In 2018 it had value of production of about EUR 2.2 million and EBITDA of about EUR 0.259 million. It has been wholly owned by Circle since July 2019. Its products complement the tracking, Internet of Things and intermodal transport solutions of the Circle group. |
| HQ Country | ||
| HQ City | - | Genoa |
| Deal Date | 31 Mar 2026 | 31 Jul 2019 |
| Valuation | $2M | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Circle Italy acquisitions and their M&A valuation multiples. Start Free Trial | ||
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 Circle Italy
| When was Circle Italy founded? | Circle Italy was founded in 2012. |
| Where is Circle Italy headquartered? | Circle Italy is headquartered in Italy. |
| How many employees does Circle Italy have? | As of today, Circle Italy has over 83 employees. |
| Is Circle Italy publicly listed? | Yes, Circle Italy is a public company listed on Borsa Italiana. |
| What is the stock symbol of Circle Italy? | Circle Italy trades under CIRC ticker. |
| When did Circle Italy go public? | Circle Italy went public in 2018. |
| Who are competitors of Circle Italy? | Circle Italy main competitors include Softronic, Sahana System, USU Software, Woongjin, Boldt, Loihde, Forte, Needs Well, Cenit, Atturra. |
| What is the current market cap of Circle Italy? | Circle Italy's current market cap is $100M. |
| What is the current revenue of Circle Italy? | Circle Italy's last 12 months revenue is $30M. |
| What is the current revenue growth of Circle Italy? | Circle Italy revenue growth (NTM/LTM) is 14%. |
| What is the current EV/Revenue multiple of Circle Italy? | Current revenue multiple of Circle Italy is 3.3x. |
| What is the current EBITDA of Circle Italy? | Circle Italy's last 12 months EBITDA is $8M. |
| What is Circle Italy's EBITDA margin? | Circle Italy's last 12 months EBITDA margin is 27%. |
| What is the current EV/EBITDA multiple of Circle Italy? | Current EBITDA multiple of Circle Italy is 12.1x. |
| What is the current FCF of Circle Italy? | Circle Italy's last 12 months FCF is $3M. |
| What is Circle Italy's FCF margin? | Circle Italy's last 12 months FCF margin is 10%. |
| What is the current EV/FCF multiple of Circle Italy? | Current FCF multiple of Circle Italy is 31.3x. |
| How many companies Circle Italy has acquired to date? | As of October 2026, Circle Italy has acquired 2 companies. |
| What was the largest acquisition by Circle Italy? | $2M acquisition of QMAP on 31st March 2026 was the largest M&A Circle Italy has done to date. |
| What companies Circle Italy acquired? | Circle Italy acquired QMAP and Progetto Adele. |
| In how many companies Circle Italy has invested to date? | Circle Italy hasn't invested in any companies yet (or none have been disclosed publicly). |
See public comps similar to Circle Italy
Lists including Circle Italy
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




