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Columbus Valuation Multiples

Discover Columbus' revenue and EBITDA valuation multiples and M&A history, alongside public comparables like Dynacons, oRo Co., CAC Holdings, Vertiseit and more.

Columbus Overview

About Columbus

Columbus AS is a digital consultancy company. The group specialises in solving complex challenges for customers in the manufacturing, retail and distribution, food and beverage, and life science industries. It delivers business-critical solutions in areas such as CloudERP, Data & Analytics, Application Management, Digital Commerce, Cybersecurity, AI Innovation, and ESG. The company's geographical segments include Sweden, Denmark, Norway, UK, U.S. and Other.


Founded

1989

HQ

Denmark

Employees

1.6K

Financials (LTM)

Revenue: $247M
EBITDA: $19M

EV

$223M

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Columbus Financials

Columbus reported last 12-month revenue of $247M and EBITDA of $19M.

In the same LTM period, Columbus generated $19M in EBITDA and $5M in net income.

Revenue (LTM)


Columbus P&L

In the most recent fiscal year, Columbus reported revenue of $245M and EBITDA of $18M.

Columbus is profitable as of last fiscal year, with gross margin of 25%, EBITDA margin of 7%, and net margin of 1%.

See analyst estimates for Columbus
LTMLast FY202320242025202620272028
Revenue$247M$245M$240M$258M$245M
Gross Profit-$63M$62M$65M$63M
Gross Margin-25%26%25%25%
EBITDA$19M$18M$17M$21M$18M
EBITDA Margin8%7%7%8%7%
EBIT Margin4%4%4%4%4%
Net Profit$5M$2M$4M$8M$2M
Net Margin2%1%2%3%1%
Net Debt-$7M---

Financial data powered by Morningstar, Inc.

Columbus Stock Performance

Columbus has current market cap of $199M, and enterprise value of $223M.

Market Cap Evolution


Columbus' stock price is $1.56.

Columbus share price increased by 1.2% in the last year.

Columbus has an EPS (earnings per share) of $0.02.

See more trading valuation data for Columbus
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$223M$199M0.1%-0.0%0.1%1.2%$0.02

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Columbus Valuation Multiples

Columbus trades at 0.9x EV/Revenue multiple, and 11.8x EV/EBITDA.

See NTM and 2027E valuation multiples for Columbus

EV / Revenue (LTM)


Columbus Financial Valuation Multiples

As of June 3, 2026, Columbus has market cap of $199M and EV of $223M.

Columbus has a P/E ratio of 40.3x.

LTMLast FY202320242025202620272028
EV/Revenue0.9x0.9x0.9x0.9x0.9x
EV/EBITDA11.8x12.4x13.0x10.4x12.4x
EV/EBIT20.4x22.3x23.8x23.6x23.0x
EV/Gross Profit-3.6x3.6x3.4x3.6x
P/E40.3x86.1x47.4x23.5x86.1x
EV/FCF23.5x25.7x23.1x11.1x25.7x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Columbus 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.

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Columbus Margins & Growth Rates

Columbus grew revenue by 3% and EBITDA by 16% in the last fiscal year.

In the most recent fiscal year, Columbus reported gross margin of 25%, EBITDA margin of 7%, and net margin of 1%.

See estimated margins and future growth rates for Columbus

Columbus Margins

Last FY202420252026202720282029
Gross Margin25%25%25%-
EBITDA Margin7%8%7%8%
EBIT Margin4%4%4%5%
Net Margin1%3%1%3%
FCF Margin4%8%4%4%

Columbus Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth3%8%(5%)3%
Gross Profit Growth-4%(4%)-
EBITDA Growth16%24%(16%)16%
EBIT Growth22%1%2%26%
Net Profit Growth271%102%(73%)271%
FCF Growth27%108%(57%)27%

Data powered by FactSet, Inc. and Morningstar, Inc.

Columbus Operational KPIs

Columbus' revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.

Columbus' Rule of 40 is 11% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Columbus' Rule of X is 16% (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).

Access forward-looking KPIs for Columbus
LTMLast FY202320242025202620272028
Rule of 4013%11%---
Bessemer Rule of X21%16%---
Revenue per Employee-$0.2M---
Opex per Employee-$0.0M---
Opex to Revenue-22%22%21%22%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Columbus Competitors

Columbus competitors include Dynacons, oRo Co., CAC Holdings, Vertiseit, Gofore, Axtel, Info-Tech Systems, Sys-Dat, Saksoft and Digia.

Most Columbus public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Dynacons1.4x-13.2x-
oRo Co.2.7x2.6x7.7x-
CAC Holdings0.4x0.4x3.4x5.8x
Vertiseit3.1x2.9x24.4x18.1x
Gofore1.0x0.9x9.1x8.2x
Axtel----
Info-Tech Systems3.2x2.9x7.5x6.5x
Sys-Dat1.6x1.5x8.0x7.5x

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Acquisitions by Columbus

Columbus has acquired 6 companies to date.

Last acquisition by Columbus was on April 11th 2023. Columbus acquired ICY Security for $19M (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by Columbus

ICY Security
Advania Norway Business Solutions
iStone
Tridea Partners
Description
ICY Security is a Denmark-based consultancy firm leading in the Nordics for identity and access management alongside information security services. The company delivers user control mechanisms that enhance business value and cybersecurity, providing tailored IAM implementations for organizational protection.
Advania Norway Business Solutions is an Oslo-based unit of Advania Group offering Microsoft Dynamics 365 cloud services to Norwegian enterprises. The division employs specialists in ERP implementations, CRM customizations, and Power Platform integrations for sectors like retail and public administration. Advania Norway Business Solutions supports over 200 local clients with hybrid cloud migrations and managed support contracts.
iStone is a Stockholm-based business and IT consulting firm with over 600 employees across 13 countries including Sweden, the United States, and India. It specializes in implementing and upgrading enterprise software such as IFS Applications, Infor M3, and Microsoft Dynamics for industries like manufacturing, wholesale, and public sector. Clients include Volvo, Electrolux, and Cloetta, benefiting from iStone's methodology that integrates system knowledge with sustainability practices. Established in 1999, the firm supports digital transformation projects emphasizing ERP optimization and cloud migrations.
Tridea Partners is a consulting firm specializing in Microsoft Dynamics ERP and CRM implementations. The company deploys Dynamics 365, AX, GP, and CRM solutions with custom integrations for mid-market clients in distribution, manufacturing, and services. Tridea contributes to ERP Software Blog and operates from the United States.
HQ CountryDenmarkNorwaySwedenUnited States
HQ City
Copenhagen
Oslo
Stockholm
San Diego, CA
Deal Date11 Apr 20236 Jan 202030 Nov 20179 Jan 2017
Valuation$19M$5M$43Mundisclosed
EV/Revenue
EV/EBITDA

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About Columbus

When was Columbus founded?Columbus was founded in 1989.
Where is Columbus headquartered?Columbus is headquartered in Denmark.
How many employees does Columbus have?As of today, Columbus has over 1K employees.
Is Columbus publicly listed?Yes, Columbus is a public company listed on Nasdaq Copenhagen.
What is the stock symbol of Columbus?Columbus trades under COLUM ticker.
When did Columbus go public?Columbus went public in 1998.
Who are competitors of Columbus?Columbus main competitors include Dynacons, oRo Co., CAC Holdings, Vertiseit, Gofore, Axtel, Info-Tech Systems, Sys-Dat, Saksoft, Digia.
What is the current market cap of Columbus?Columbus' current market cap is $199M.
What is the current revenue of Columbus?Columbus' last 12 months revenue is $247M.
What is the current revenue growth of Columbus?Columbus revenue growth (NTM/LTM) is 5%.
What is the current EV/Revenue multiple of Columbus?Current revenue multiple of Columbus is 0.9x.
What is the current EBITDA of Columbus?Columbus' last 12 months EBITDA is $19M.
What is Columbus' EBITDA margin?Columbus' last 12 months EBITDA margin is 8%.
What is the current EV/EBITDA multiple of Columbus?Current EBITDA multiple of Columbus is 11.8x.
What is the current FCF of Columbus?Columbus' last 12 months FCF is $9M.
What is Columbus' FCF margin?Columbus' last 12 months FCF margin is 4%.
What is the current EV/FCF multiple of Columbus?Current FCF multiple of Columbus is 23.5x.
How many companies Columbus has acquired to date?As of June 2026, Columbus has acquired 6 companies.
What was the largest acquisition by Columbus?$43M acquisition of iStone on 30th November 2017 was the largest M&A Columbus has done to date.
What companies Columbus acquired?Columbus acquired iStone, ICY Security, Advania Norway Business Solutions, Cambridge Online Systems, Tridea Partners, and Client Strategy Group.
In how many companies Columbus has invested to date?Columbus hasn't invested in any companies yet (or none have been disclosed publicly).

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