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Discovery Valuation Multiples
Discover revenue and EBITDA valuation multiples for Discovery and similar public comparables like China Securities HK, Kingdom Holding, Old Republic International, American Financial Group and more.
Discovery Overview
About Discovery
Discovery Ltd is a financial services organization. It operates in the healthcare, life insurance, short-term insurance, long-term savings, banking and wellness markets. It specializes in health insurance, life assurance, wellness, investments and savings, short-term insurance, and banking. The company generates revenue through its insurance and financial services, with primary markets in South Africa and the UK, and presence in Canada, the USA, Singapore, Australia, and China.
Founded
1999
HQ

Employees
15.0K
Website
Financials (LTM)
EV
$11B
Discovery Financials
Discovery reported last 12-month revenue of $3B.
In the same LTM period, Discovery generated $694M in net income.
Revenue (LTM)
Discovery P&L
In the most recent fiscal year, Discovery reported revenue of $6B and net income of $586M.
Discovery expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $6B | XXX | XXX | XXX |
| EBIT Margin | 33% | XXX | 14% | XXX | XXX | XXX |
| Net Profit | $694M | XXX | $586M | XXX | XXX | XXX |
| Net Margin | 25% | XXX | 9% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Discovery Stock Performance
Discovery has current market cap of $11B, and enterprise value of $11B.
Market Cap Evolution
Discovery's stock price is $15.90.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $11B | $11B | 0.0% | XXX | XXX | XXX | $0.88 |
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Start Free TrialDiscovery Valuation Multiples
Discovery trades at 3.8x EV/Revenue multiple.
EV / Revenue (LTM)
Discovery Financial Valuation Multiples
As of April 19, 2026, Discovery has market cap of $11B and EV of $11B.
Equity research analysts estimate Discovery's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Discovery has a P/E ratio of 15.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $11B | XXX | $11B | XXX | XXX | XXX |
| EV (current) | $11B | XXX | $11B | XXX | XXX | XXX |
| EV/Revenue | 3.8x | XXX | 1.6x | XXX | XXX | XXX |
| EV/EBIT | 11.4x | XXX | 12.2x | XXX | XXX | XXX |
| P/E | 15.3x | XXX | 18.2x | XXX | XXX | XXX |
| EV/FCF | 127.3x | XXX | 25.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Discovery 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.


Discovery Margins & Growth Rates
Discovery's revenue in the last 12 month declined by (16%).
Discovery's revenue per employee in the last FY averaged $0.4M.
Discovery's rule of 40 is (0%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Discovery's rule of X is (69%) (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).
Discovery Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (16%) | XXX | (58%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | (0%) | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (69%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Discovery Public Comps
See public comps and valuation multiples for other Asset Management and Insurance Carriers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Discovery | XXX | XXX | XXX | XXX | XXX | XXX |
| China Securities HK | XXX | XXX | XXX | XXX | XXX | XXX |
| Kingdom Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| Old Republic International | XXX | XXX | XXX | XXX | XXX | XXX |
| American Financial Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Japan Post Insurance | 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.
Discovery M&A Activity
Discovery acquired XXX companies to date.
Last acquisition by Discovery was on XXXXXXXX, XXXXX. Discovery acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Discovery
| 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 TrialDiscovery Investment Activity
Discovery invested in XXX companies to date.
Discovery made its latest investment on XXXXXXXX, XXXXX. Discovery invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Discovery
| 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 Discovery
| When was Discovery founded? | Discovery was founded in 1999. |
| Where is Discovery headquartered? | Discovery is headquartered in South Africa. |
| How many employees does Discovery have? | As of today, Discovery has over 15K employees. |
| Is Discovery publicly listed? | Yes, Discovery is a public company listed on Johannesburg Stock Exchange. |
| What is the stock symbol of Discovery? | Discovery trades under DSY ticker. |
| When did Discovery go public? | Discovery went public in 1999. |
| Who are competitors of Discovery? | Discovery main competitors are China Securities HK, Kingdom Holding, Old Republic International, American Financial Group. |
| What is the current market cap of Discovery? | Discovery's current market cap is $11B. |
| What is the current revenue of Discovery? | Discovery's last 12 months revenue is $3B. |
| What is the current revenue growth of Discovery? | Discovery revenue growth (NTM/LTM) is (16%). |
| What is the current EV/Revenue multiple of Discovery? | Current revenue multiple of Discovery is 3.8x. |
| Is Discovery profitable? | Yes, Discovery is net-income-positive (as of the last 12 months). |
| What is the current net income of Discovery? | Discovery's last 12 months net income is $694M. |
| What is the current FCF of Discovery? | Discovery's last 12 months FCF is $83M. |
| What is Discovery's FCF margin? | Discovery's last 12 months FCF margin is 3%. |
| What is the current EV/FCF multiple of Discovery? | Current FCF multiple of Discovery is 127.3x. |
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