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Cohort Valuation Multiples
Discover revenue and EBITDA valuation multiples for Cohort and similar public comparables like FMS Enterprises Migun, MNC Solutions, Avon Technologies, Mildef Group and more.
Cohort Overview
About Cohort
Cohort PLC is a holding company. It is engaged in providing services to customers in defense, security, and related markets. The company operates through two divisions: Communications and Intelligence, and Sensors and Effectors It generates maximum revenue from the Communications and Intelligence segment. Geographically, it derives its revenue from the UK and has a presence in Portugal, other EC countries, Germany, Asia Pacific and Africa, and North and South America.
Founded
2006
HQ

Employees
1.6K
Website
Financials (LTM)
EV
$849M
Cohort Financials
Cohort reported last 12-month revenue of $385M and EBITDA of $55M.
In the same LTM period, Cohort generated $142M in gross profit, $55M in EBITDA, and $36M in net income.
Revenue (LTM)
Cohort P&L
In the most recent fiscal year, Cohort reported revenue of $362M and EBITDA of $47M.
Cohort expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $385M | XXX | $362M | XXX | XXX | XXX |
| Gross Profit | $142M | XXX | $120M | XXX | XXX | XXX |
| Gross Margin | 37% | XXX | 33% | XXX | XXX | XXX |
| EBITDA | $55M | XXX | $47M | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 13% | XXX | XXX | XXX |
| EBIT Margin | 12% | XXX | 10% | XXX | XXX | XXX |
| Net Profit | $36M | XXX | $31M | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 9% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Cohort Stock Performance
Cohort has current market cap of $794M, and enterprise value of $849M.
Market Cap Evolution
Cohort's stock price is $17.34.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $849M | $794M | -0.9% | XXX | XXX | XXX | $0.68 |
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Start Free TrialCohort Valuation Multiples
Cohort trades at 2.2x EV/Revenue multiple, and 15.3x EV/EBITDA.
EV / Revenue (LTM)
Cohort Financial Valuation Multiples
As of March 15, 2026, Cohort has market cap of $794M and EV of $849M.
Equity research analysts estimate Cohort's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Cohort has a P/E ratio of 22.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $794M | XXX | $794M | XXX | XXX | XXX |
| EV (current) | $849M | XXX | $849M | XXX | XXX | XXX |
| EV/Revenue | 2.2x | XXX | 2.3x | XXX | XXX | XXX |
| EV/EBITDA | 15.3x | XXX | 18.0x | XXX | XXX | XXX |
| EV/EBIT | 18.9x | XXX | 23.0x | XXX | XXX | XXX |
| EV/Gross Profit | 6.0x | XXX | 7.1x | XXX | XXX | XXX |
| P/E | 22.2x | XXX | 25.5x | XXX | XXX | XXX |
| EV/FCF | 35.8x | XXX | 16.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cohort 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.


Cohort Margins & Growth Rates
Cohort's revenue in the last 12 month grew by 8%.
Cohort's revenue per employee in the last FY averaged $0.2M.
Cohort's rule of 40 is 22% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Cohort's rule of X is 33% (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).
Cohort Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Growth | 16% | XXX | 21% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 22% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 33% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 22% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 1% | XXX | — | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 23% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Cohort Public Comps
See public comps and valuation multiples for other Defense Systems comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| FMS Enterprises Migun | XXX | XXX | XXX | XXX | XXX | XXX |
| MNC Solutions | XXX | XXX | XXX | XXX | XXX | XXX |
| Avon Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Mildef Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Presto Appliances | 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.
Cohort M&A Activity
Cohort acquired XXX companies to date.
Last acquisition by Cohort was on XXXXXXXX, XXXXX. Cohort acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Cohort
| 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
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Start Free TrialCohort Investment Activity
Cohort invested in XXX companies to date.
Cohort made its latest investment on XXXXXXXX, XXXXX. Cohort invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Cohort
| 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 Cohort
| When was Cohort founded? | Cohort was founded in 2006. |
| Where is Cohort headquartered? | Cohort is headquartered in United Kingdom. |
| How many employees does Cohort have? | As of today, Cohort has over 1K employees. |
| Who is the CEO of Cohort? | Cohort's CEO is Andrew Stephen Thomis. |
| Is Cohort publicly listed? | Yes, Cohort is a public company listed on London Stock Exchange. |
| What is the stock symbol of Cohort? | Cohort trades under CHRT ticker. |
| When did Cohort go public? | Cohort went public in 2006. |
| Who are competitors of Cohort? | Cohort main competitors are FMS Enterprises Migun, MNC Solutions, Avon Technologies, Mildef Group. |
| What is the current market cap of Cohort? | Cohort's current market cap is $794M. |
| What is the current revenue of Cohort? | Cohort's last 12 months revenue is $385M. |
| What is the current revenue growth of Cohort? | Cohort revenue growth (NTM/LTM) is 8%. |
| What is the current EV/Revenue multiple of Cohort? | Current revenue multiple of Cohort is 2.2x. |
| Is Cohort profitable? | Yes, Cohort is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Cohort? | Cohort's last 12 months EBITDA is $55M. |
| What is Cohort's EBITDA margin? | Cohort's last 12 months EBITDA margin is 14%. |
| What is the current EV/EBITDA multiple of Cohort? | Current EBITDA multiple of Cohort is 15.3x. |
| What is the current FCF of Cohort? | Cohort's last 12 months FCF is $24M. |
| What is Cohort's FCF margin? | Cohort's last 12 months FCF margin is 6%. |
| What is the current EV/FCF multiple of Cohort? | Current FCF multiple of Cohort is 35.8x. |
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