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- Cuscal
Cuscal Valuation Multiples
Discover revenue and EBITDA valuation multiples for Cuscal and similar public comparables like Worldline, Yeahka, PAR Technology, Paysafe and more.
Cuscal Overview
About Cuscal
Cuscal Ltd is a payment and regulated data services provider in Australia. The group offers a comprehensive suite of payment infrastructure solutions to a diversified client base. It enables a range of payment types, from physical cards to real-time payments, in the payment value chain and constantly evolves its offerings to meet the demands of a rapidly changing economy. The company has two reportable segments: Payments and Other segments. The payment segment encompasses electronic and paper payment processing, card products, card platform services, digital application development, liquidity management and settlement services, specialized finance facilities, network communication services, fraud management services, real-time payments, and open data services.
Founded
1997
HQ

Employees
658
Website
Financials (LTM)
Market Cap
$526M
Cuscal Financials
Cuscal reported last 12-month revenue of $212M and EBITDA of $49M.
In the same LTM period, Cuscal generated $87M in gross profit, $49M in EBITDA, and $27M in net income.
Revenue (LTM)
Cuscal P&L
In the most recent fiscal year, Cuscal reported revenue of $237M and EBITDA of $113M.
Cuscal expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $212M | XXX | $237M | XXX | XXX | XXX |
| Gross Profit | $87M | XXX | $237M | XXX | XXX | XXX |
| Gross Margin | 41% | XXX | 100% | XXX | XXX | XXX |
| EBITDA | $49M | XXX | $113M | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 48% | XXX | XXX | XXX |
| EBIT Margin | 20% | XXX | 15% | XXX | XXX | XXX |
| Net Profit | $27M | XXX | $20M | XXX | XXX | XXX |
| Net Margin | 13% | XXX | 8% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Cuscal Stock Performance
Cuscal has current market cap of $526M.
Market Cap Evolution
Cuscal's stock price is $2.75.
| Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|
| $526M | — | XXX | XXX | XXX | $0.10 |
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Start Free TrialCuscal Valuation Multiples
Cuscal trades at (5.7x) EV/Revenue multiple, and (24.7x) EV/EBITDA.
EV / Revenue (LTM)
Cuscal Financial Valuation Multiples
As of March 29, 2026, Cuscal has market cap of $526M.
Equity research analysts estimate Cuscal's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Cuscal has a P/E ratio of 19.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $526M | XXX | $526M | XXX | XXX | XXX |
| EV (current) | ($1B) | XXX | ($1B) | XXX | XXX | XXX |
| EV/Revenue | (5.7x) | XXX | (5.1x) | XXX | XXX | XXX |
| EV/EBITDA | (24.7x) | XXX | (10.7x) | XXX | XXX | XXX |
| EV/EBIT | (29.1x) | XXX | (33.3x) | XXX | XXX | XXX |
| EV/Gross Profit | (13.9x) | XXX | (5.1x) | XXX | XXX | XXX |
| P/E | 19.2x | XXX | 26.6x | XXX | XXX | XXX |
| EV/FCF | 50.5x | XXX | (14.1x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cuscal 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.


Cuscal Margins & Growth Rates
Cuscal's revenue in the last 12 month grew by 18%.
Cuscal's revenue per employee in the last FY averaged $0.3M.
Cuscal's rule of 40 is 41% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Cuscal's rule of X is 68% (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).
Cuscal Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 18% | XXX | (7%) | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 48% | XXX | XXX | XXX |
| EBITDA Growth | 21% | XXX | (55%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 41% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 68% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 36% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 100% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Cuscal Public Comps
See public comps and valuation multiples for other Payments POS and Payment Infrastructure comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Worldline | XXX | XXX | XXX | XXX | XXX | XXX |
| Yeahka | XXX | XXX | XXX | XXX | XXX | XXX |
| PAR Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| Paysafe | XXX | XXX | XXX | XXX | XXX | XXX |
| Chase Science Co | 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.
Cuscal M&A Activity
Cuscal acquired XXX companies to date.
Last acquisition by Cuscal was on XXXXXXXX, XXXXX. Cuscal acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Cuscal
| 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 TrialCuscal Investment Activity
Cuscal invested in XXX companies to date.
Cuscal made its latest investment on XXXXXXXX, XXXXX. Cuscal invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Cuscal
| 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 Cuscal
| When was Cuscal founded? | Cuscal was founded in 1997. |
| Where is Cuscal headquartered? | Cuscal is headquartered in Australia. |
| How many employees does Cuscal have? | As of today, Cuscal has over 658 employees. |
| Is Cuscal publicly listed? | Yes, Cuscal is a public company listed on Australian Securities Exchange. |
| What is the stock symbol of Cuscal? | Cuscal trades under CCL ticker. |
| When did Cuscal go public? | Cuscal went public in 2024. |
| Who are competitors of Cuscal? | Cuscal main competitors are Worldline, Yeahka, PAR Technology, Paysafe. |
| What is the current market cap of Cuscal? | Cuscal's current market cap is $526M. |
| What is the current revenue of Cuscal? | Cuscal's last 12 months revenue is $212M. |
| What is the current revenue growth of Cuscal? | Cuscal revenue growth (NTM/LTM) is 18%. |
| What is the current EV/Revenue multiple of Cuscal? | Current revenue multiple of Cuscal is (5.7x). |
| Is Cuscal profitable? | Yes, Cuscal is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Cuscal? | Cuscal's last 12 months EBITDA is $49M. |
| What is Cuscal's EBITDA margin? | Cuscal's last 12 months EBITDA margin is 23%. |
| What is the current EV/EBITDA multiple of Cuscal? | Current EBITDA multiple of Cuscal is (24.7x). |
| What is the current FCF of Cuscal? | Cuscal's last 12 months FCF is ($24M). |
| What is Cuscal's FCF margin? | Cuscal's last 12 months FCF margin is (11%). |
| What is the current EV/FCF multiple of Cuscal? | Current FCF multiple of Cuscal is 50.5x. |
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