Cordel Group Valuation Multiples

Cordel Group Overview

About Cordel Group

Cordel Group PLC is a software company with operations in Australia, USA and the UK. The company produces specialist software and hardware for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms. The company also designs and manufactures LiDAR (Light Detection And Ranging) sensors optimised and ruggedised for train and other vehicle data capture applications. Its Cordel Connect is an open-data inspection management platform that enables the storage, management, visualization, and intelligent analysis of railway inspection data. It derives the majority of its revenue from the Americas.

Founded

2017

HQ

Employees

39

Website

cordel.ai

Financials (LTM)

Revenue: $8M

EBITDA: $219K

EV

$33M

Valuation Multiples

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Cordel Group Financials

Cordel Group reported last 12-month revenue of $8M and EBITDA of $219K.

In the same LTM period, Cordel Group generated $6M in gross profit, $219K in EBITDA, and had net loss of ($66K).

Cordel Group P&L

In the most recent fiscal year, Cordel Group reported revenue of $6M and EBITDA of ($130K).

Cordel Group is unprofitable as of last fiscal year, with gross margin of 74%, EBITDA margin of (2%), and net margin of (8%).

Cordel Group Stock Performance

Cordel Group has current market cap of $34M, and enterprise value of $33M.

Cordel Group's stock price is $0.16.

Cordel Group Valuation Multiples

Cordel Group trades at 4.0x EV/Revenue multiple, and 149.0x EV/EBITDA.

Cordel Group Financial Valuation Multiples

As of May 15, 2026, Cordel Group has market cap of $34M and EV of $33M.

Cordel Group has a P/E ratio of (510.5x).

Cordel Group Margins & Growth Rates

Cordel Group grew revenue by 29% but EBITDA decreased by 307% in the last fiscal year.

In the most recent fiscal year, Cordel Group reported gross margin of 74%, EBITDA margin of (2%), and net margin of (8%).

Cordel Group Operational KPIs

Cordel Group's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.

Cordel Group's Rule of 40 is 26% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Cordel Group's Rule of X is 56% (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).