🚀 VC round data is live in beta, check it out!
- Public Comps
- CombinedX
CombinedX Valuation Multiples
Discover revenue and EBITDA valuation multiples for CombinedX and similar public comparables like Ksolves, Solutions 30, Mastech Digital, Boldt and more.
CombinedX Overview
About CombinedX
CombinedX AB is a family of knowledge companies that help companies and organizations to take advantage of the opportunities of digitalisation. It delivers services through eight wholly-owned specialist companies, each with market-leading technology and business expertise in its niche.
Founded
1993
HQ

Employees
N/A
Website
Sectors
Financials (LTM)
EV
$82M
Valuation Multiples
Start free trialCombinedX Financials
CombinedX reported last 12-month revenue of $101M and EBITDA of $13M.
In the same LTM period, CombinedX generated $86M in gross profit, $13M in EBITDA, and $4M in net income.
Revenue (LTM)
CombinedX P&L
In the most recent fiscal year, CombinedX reported revenue of $105M and EBITDA of $13M.
CombinedX is profitable as of last fiscal year, with gross margin of 19%, EBITDA margin of 12%, and net margin of 4%.
Financial data powered by Morningstar, Inc.
CombinedX Stock Performance
CombinedX has current market cap of $77M, and enterprise value of $82M.
Market Cap Evolution
CombinedX's stock price is $3.93.
CombinedX share price decreased by 11.9% in the last year.
CombinedX has an EPS (earnings per share) of $0.21.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $82M | $77M | 4.0% | — | 8.7% | -11.9% | $0.21 |
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 TrialCombinedX Valuation Multiples
CombinedX trades at 0.8x EV/Revenue multiple, and 6.5x EV/EBITDA.
EV / Revenue (LTM)
CombinedX Financial Valuation Multiples
As of May 1, 2026, CombinedX has market cap of $77M and EV of $82M.
CombinedX has a P/E ratio of 17.5x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified CombinedX 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.


CombinedX Margins & Growth Rates
CombinedX decreased revenue by 12% and EBITDA by 6% in the last fiscal year.
In the most recent fiscal year, CombinedX reported gross margin of 19%, EBITDA margin of 12%, and net margin of 4%.
CombinedX Margins
CombinedX Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
CombinedX Operational KPIs
CombinedX's Rule of 40 is 4% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
CombinedX's Rule of X is (11%) (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.
CombinedX Competitors
CombinedX competitors include Ksolves, Solutions 30, Mastech Digital, Boldt, Vakrangee, Novotek, Sahana System, Ilyda, Software Mansion and Circle Italy.
Most CombinedX public comparables operate across IT Consulting.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 5.2x | — | 14.8x | — | |||
| 0.2x | 0.2x | 3.8x | 2.5x | |||
| 0.2x | 0.2x | 13.1x | — | |||
| 0.9x | — | 9.1x | — | |||
| 2.5x | — | 23.1x | — | |||
| 1.2x | — | 8.3x | — | |||
| 4.4x | — | 12.7x | — | |||
| — | — | — | — | |||
This data is available for Pro users. Sign up to see all CombinedX competitors and their valuation data. Start Free Trial | ||||||
CombinedX Funding History
Before going public, CombinedX raised $14M in total equity funding, across 1 round.
CombinedX Funding Rounds
CombinedX M&A Activity
CombinedX has acquired 1 company to date.
Last acquisition by CombinedX was on February 1st 2022. CombinedX acquired Attentec for $4M (EV/Revenue multiple of ).
Latest Acquisitions by CombinedX
| Description | Attentec is a Stockholm-based consultancy firm delivering digital transformation services to Nordic retailers and manufacturers. It implements ERP systems like Microsoft Dynamics for 50 clients, automating supply chains handling 1 million orders monthly, and develops custom apps with AI for inventory prediction. Founded in 2005, Attentec employs 100 consultants across Sweden and Norway, partnering with IFS for industrial software. |
| HQ Country | |
| HQ City | Stockholm |
| Deal Date | 1 Feb 2022 |
| Valuation | $4M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all CombinedX 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 CombinedX
| When was CombinedX founded? | CombinedX was founded in 1993. |
| Where is CombinedX headquartered? | CombinedX is headquartered in Sweden. |
| Is CombinedX publicly listed? | Yes, CombinedX is a public company listed on Nasdaq Stockholm. |
| What is the stock symbol of CombinedX? | CombinedX trades under CX ticker. |
| When did CombinedX go public? | CombinedX went public in 2022. |
| Who are competitors of CombinedX? | CombinedX main competitors include Ksolves, Solutions 30, Mastech Digital, Boldt, Vakrangee, Novotek, Sahana System, Ilyda, Software Mansion, Circle Italy. |
| What is the current market cap of CombinedX? | CombinedX's current market cap is $77M. |
| What is the current revenue of CombinedX? | CombinedX's last 12 months revenue is $101M. |
| What is the current revenue growth of CombinedX? | CombinedX revenue growth (NTM/LTM) is (10%). |
| What is the current EV/Revenue multiple of CombinedX? | Current revenue multiple of CombinedX is 0.8x. |
| Is CombinedX profitable? | Yes, CombinedX is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of CombinedX? | CombinedX's last 12 months EBITDA is $13M. |
| What is CombinedX's EBITDA margin? | CombinedX's last 12 months EBITDA margin is 13%. |
| What is the current EV/EBITDA multiple of CombinedX? | Current EBITDA multiple of CombinedX is 6.5x. |
| How many companies CombinedX has acquired to date? | As of May 2026, CombinedX has acquired 1 company. |
| What was the largest acquisition by CombinedX? | $4M acquisition of Attentec on 1st February 2022 was the largest M&A CombinedX has done to date. |
| What companies CombinedX acquired? | CombinedX acquired Attentec. |
| In how many companies CombinedX has invested to date? | CombinedX hasn't invested in any companies yet (or none have been disclosed publicly). |
See public comps similar to CombinedX
Lists including CombinedX
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.
