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Demant Valuation Multiples
Discover revenue and EBITDA valuation multiples for Demant and similar public comparables like Convatec Group, Imeik Technology Development, Bausch + Lomb, Abbott India and more.
Demant Overview
About Demant
Demant is a Denmark-based manufacturer and distributor of hearing solutions, such as hearing aid devices and diagnostic equipment. More than 80% of the company's sales come from North America and Europe.
Founded
1904
HQ

Employees
26.7K
Website
Financials (LTM)
EV
$9B
Demant Financials
Demant reported last 12-month revenue of $4B and EBITDA of $874M.
In the same LTM period, Demant generated $3B in gross profit, $874M in EBITDA, and $276M in net income.
Revenue (LTM)
Demant P&L
In the most recent fiscal year, Demant reported revenue of $4B and EBITDA of $860M.
Demant expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $4B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 76% | XXX | 74% | XXX | XXX | XXX |
| EBITDA | $874M | XXX | $860M | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | 24% | XXX | XXX | XXX |
| EBIT Margin | 17% | XXX | 17% | XXX | XXX | XXX |
| Net Profit | $276M | XXX | $244M | XXX | XXX | XXX |
| Net Margin | 8% | XXX | 7% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Demant Stock Performance
Demant has current market cap of $6B, and enterprise value of $9B.
Market Cap Evolution
Demant's stock price is $30.42.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $6B | 0.9% | XXX | XXX | XXX | $1.16 |
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Start Free TrialDemant Valuation Multiples
Demant trades at 2.6x EV/Revenue multiple, and 10.8x EV/EBITDA.
EV / Revenue (LTM)
Demant Financial Valuation Multiples
As of March 22, 2026, Demant has market cap of $6B and EV of $9B.
Equity research analysts estimate Demant's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Demant has a P/E ratio of 23.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $6B | XXX | $6B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 2.6x | XXX | 2.6x | XXX | XXX | XXX |
| EV/EBITDA | 10.8x | XXX | 11.0x | XXX | XXX | XXX |
| EV/EBIT | 15.3x | XXX | 15.6x | XXX | XXX | XXX |
| EV/Gross Profit | 3.4x | XXX | 3.5x | XXX | XXX | XXX |
| P/E | 23.3x | XXX | 26.3x | XXX | XXX | XXX |
| EV/FCF | 21.7x | XXX | 20.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Demant 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.


Demant Margins & Growth Rates
Demant's revenue in the last 12 month grew by 8%.
Demant's revenue per employee in the last FY averaged $0.1M.
Demant's rule of 40 is 32% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Demant's rule of X is 43% (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).
Demant Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | 8% | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | 24% | XXX | XXX | XXX |
| EBITDA Growth | 8% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 32% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 43% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 48% | XXX | 46% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 5% | XXX | 5% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 6% | XXX | 6% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 57% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Demant Public Comps
See public comps and valuation multiples for other Medical Devices and Life Sciences Tools comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Convatec Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Imeik Technology Development | XXX | XXX | XXX | XXX | XXX | XXX |
| Bausch + Lomb | XXX | XXX | XXX | XXX | XXX | XXX |
| Abbott India | XXX | XXX | XXX | XXX | XXX | XXX |
| Snibe | 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.
Demant M&A Activity
Demant acquired XXX companies to date.
Last acquisition by Demant was on XXXXXXXX, XXXXX. Demant acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Demant
| 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 |
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Start Free TrialDemant Investment Activity
Demant invested in XXX companies to date.
Demant made its latest investment on XXXXXXXX, XXXXX. Demant invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Demant
| 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 Demant
| When was Demant founded? | Demant was founded in 1904. |
| Where is Demant headquartered? | Demant is headquartered in Denmark. |
| How many employees does Demant have? | As of today, Demant has over 26K employees. |
| Who is the CEO of Demant? | Demant's CEO is Soren Nielsen. |
| Is Demant publicly listed? | Yes, Demant is a public company listed on Nasdaq Copenhagen. |
| What is the stock symbol of Demant? | Demant trades under DEMANT ticker. |
| When did Demant go public? | Demant went public in 1995. |
| Who are competitors of Demant? | Demant main competitors are Convatec Group, Imeik Technology Development, Bausch + Lomb, Abbott India. |
| What is the current market cap of Demant? | Demant's current market cap is $6B. |
| What is the current revenue of Demant? | Demant's last 12 months revenue is $4B. |
| What is the current revenue growth of Demant? | Demant revenue growth (NTM/LTM) is 8%. |
| What is the current EV/Revenue multiple of Demant? | Current revenue multiple of Demant is 2.6x. |
| Is Demant profitable? | Yes, Demant is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Demant? | Demant's last 12 months EBITDA is $874M. |
| What is Demant's EBITDA margin? | Demant's last 12 months EBITDA margin is 24%. |
| What is the current EV/EBITDA multiple of Demant? | Current EBITDA multiple of Demant is 10.8x. |
| What is the current FCF of Demant? | Demant's last 12 months FCF is $435M. |
| What is Demant's FCF margin? | Demant's last 12 months FCF margin is 12%. |
| What is the current EV/FCF multiple of Demant? | Current FCF multiple of Demant is 21.7x. |
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