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EcoUp Valuation Multiples

Discover revenue and EBITDA valuation multiples for EcoUp and similar public comparables like Bioextrax, Close The Loop, De.mem, GEL and more.

EcoUp Overview

About EcoUp

EcoUp Oyj provides technologies for upcycling construction waste and transforming it into re-usable materials that can be circulated again. It offers carbon-neutral, surplus-free and energy-saving materials, services, and technologies, enabling green transition in the construction industry.


Founded

N/A

HQ

Finland

Employees

N/A

Website

ecoup.fi

Financials (LTM)

Revenue: $34M
EBITDA: $1M

EV

$19M

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EcoUp Financials

EcoUp reported last 12-month revenue of $34M and EBITDA of $1M.

In the same LTM period, EcoUp generated $1M in EBITDA.

Revenue (LTM)


EcoUp P&L

In the most recent fiscal year, EcoUp reported revenue of $35M and EBITDA of $1M.

EcoUp is unprofitable as of last fiscal year, with gross margin of 64%, EBITDA margin of 4%, and net margin of (10%).

See analyst estimates for EcoUp
LTMLast FY202320242025202620272028
Revenue$34M$35M$36M$36M$34M
Gross Profit—$22M$24M$24M$22M
Gross Margin—64%66%66%65%
EBITDA$1M$1M$3M$3M$1M
EBITDA Margin3%4%8%9%4%
EBIT Margin(9%)(10%)(5%)(3%)(10%)
Net Profit—($3M)($2M)($2M)($3M)
Net Margin—(10%)(6%)(4%)(10%)
Net Debt—$6M———

Financial data powered by Morningstar, Inc.

EcoUp Stock Performance

EcoUp has current market cap of $13M, and enterprise value of $19M.

Market Cap Evolution


EcoUp's stock price is $1.19.

EcoUp share price increased by 2.1% in the last 30 days, and decreased by 54.2% in the last year.

EcoUp has an EPS (earnings per share) of $-0.31.

See more trading valuation data for EcoUp
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$19M$13M-1.2%2.1%-18.5%-54.2%$-0.31

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EcoUp Valuation Multiples

EcoUp trades at 0.6x EV/Revenue multiple, and 16.1x EV/EBITDA.

See NTM and 2027E valuation multiples for EcoUp

EV / Revenue (LTM)


EcoUp Financial Valuation Multiples

As of May 26, 2026, EcoUp has market cap of $13M and EV of $19M.

EcoUp has a P/E ratio of (3.8x).

LTMLast FY202320242025202620272028
EV/Revenue0.6x0.5x0.5x0.5x0.6x
EV/EBITDA16.1x13.4x6.6x5.9x13.4x
EV/EBIT(6.1x)(5.5x)(10.7x)(17.1x)(5.5x)
EV/Gross Profit—0.9x0.8x0.8x0.9x
P/E—(3.8x)(5.8x)(8.4x)(3.8x)
EV/FCF—(4.0x)(9.0x)(196.3x)(4.0x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified EcoUp Valuation Multiples

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EcoUp Margins & Growth Rates

EcoUp decreased revenue by 1% but EBITDA grew by 24% in the last fiscal year.

In the most recent fiscal year, EcoUp reported gross margin of 64%, EBITDA margin of 4%, and net margin of (10%).

See estimated margins and future growth rates for EcoUp

EcoUp Margins

Last FY202420252026202720282029
Gross Margin64%66%65%—
EBITDA Margin4%9%4%5%
EBIT Margin(10%)(3%)(10%)(7%)
Net Margin(10%)(4%)(10%)—
FCF Margin(14%)(0%)(14%)—

EcoUp Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(1%)1%(4%)(0%)
Gross Profit Growth—0%(6%)—
EBITDA Growth24%11%(56%)24%
EBIT Growth(29%)(38%)212%(29%)
Net Profit Growth—(31%)118%—
FCF Growth—(95%)4841%—

Data powered by FactSet, Inc. and Morningstar, Inc.

EcoUp Operational KPIs

EcoUp's Rule of 40 is 5% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

EcoUp's Rule of X is 5% (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).

Access forward-looking KPIs for EcoUp
LTMLast FY202320242025202620272028
Rule of 4012%5%———
Bessemer Rule of X25%5%———
Opex to Revenue—74%71%69%75%

Data powered by FactSet, Inc. and Morningstar, Inc.

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EcoUp Competitors

EcoUp competitors include Bioextrax, Close The Loop, De.mem, GEL, Ocean GeoLoop, PowerHouse Energy Group, Axolot Solutions Holding, Pryme, Saxlund Group and Bawat Water.

Most EcoUp public comparables operate across Waste & Environmental Services.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Bioextrax156.1x104.5x(7.3x)(7.3x)
Close The Loop0.5x0.6x8.3x—
De.mem0.6x0.5x11.3x7.4x
GEL————
Ocean GeoLoop0.3x—(2.4x)—
PowerHouse Energy Group21.8x9.3x(2.3x)(3.3x)
Axolot Solutions Holding7.4x—(16.1x)—
Pryme15.3x—(1.6x)—

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About EcoUp

Where is EcoUp headquartered?EcoUp is headquartered in Finland.
Is EcoUp publicly listed?Yes, EcoUp is a public company listed on Nasdaq Helsinki.
What is the stock symbol of EcoUp?EcoUp trades under ECOUP ticker.
When did EcoUp go public?EcoUp went public in 2021.
Who are competitors of EcoUp?EcoUp main competitors include Bioextrax, Close The Loop, De.mem, GEL, Ocean GeoLoop, PowerHouse Energy Group, Axolot Solutions Holding, Pryme, Saxlund Group, Bawat Water.
What is the current market cap of EcoUp?EcoUp's current market cap is $13M.
What is the current revenue of EcoUp?EcoUp's last 12 months revenue is $34M.
What is the current revenue growth of EcoUp?EcoUp revenue growth (NTM/LTM) is 9%.
What is the current EV/Revenue multiple of EcoUp?Current revenue multiple of EcoUp is 0.6x.
Is EcoUp profitable?Yes, EcoUp is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of EcoUp?EcoUp's last 12 months EBITDA is $1M.
What is EcoUp's EBITDA margin?EcoUp's last 12 months EBITDA margin is 3%.
What is the current EV/EBITDA multiple of EcoUp?Current EBITDA multiple of EcoUp is 16.1x.
How many companies EcoUp has acquired to date?EcoUp hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies EcoUp has invested to date?EcoUp hasn't invested in any companies yet (or none have been disclosed publicly).

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