Ehang Valuation Multiples

Ehang Overview

About Ehang

EHang Holdings Ltd is an urban air mobility (UAM) technology platform company. It focuses on making safe, autonomous, eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle (UAV) systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHang’s EH216-S has received a production certificate and standard airworthiness certificate for passenger-carrying pilotless eVTOL aircraft issued by the Civil Aviation Administration of China. The group continues to explore the boundaries of the sky to make flying technologies benefit life in smart cities.

Founded

2014

HQ

Employees

483

Website

ehang.com

Sectors

Urban Air MobilityElectric VehiclesDeepTechAutomotiveTechEnergyTechIndustry 4.0ClimateTech

Financials (LTM)

Revenue: $80M

EBITDA: ($21M)

EV

$747M

Valuation Multiples

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Ehang Financials

Ehang reported last 12-month revenue of $80M and negative EBITDA of ($21M).

In the same LTM period, Ehang generated $51M in gross profit, ($21M) in EBITDA losses, and had net loss of ($32M).

Ehang P&L

In the most recent fiscal year, Ehang reported revenue of $67M and EBITDA of ($30M).

Ehang expects next 12-month revenue of XXX and NTM EBITDA of XXX

Ehang Stock Performance

Ehang has current market cap of $842M, and enterprise value of $747M.

Ehang's stock price is $11.69.

Ehang Valuation Multiples

Ehang trades at 9.3x EV/Revenue multiple, and (35.6x) EV/EBITDA.

Ehang Financial Valuation Multiples

As of April 17, 2026, Ehang has market cap of $842M and EV of $747M.

Equity research analysts estimate Ehang's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Ehang has a P/E ratio of (26.2x).

Ehang Margins & Growth Rates

Ehang's revenue in the last 12 month grew by 42%.

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

Ehang's rule of 40 is 15% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Ehang's rule of X is 58% (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).

Ehang Public Comps

See public comps and valuation multiples for other Urban Air Mobility and Electric Vehicles comps.

Ehang M&A Activity

Ehang acquired XXX companies to date.

Last acquisition by Ehang was on XXXXXXXX, XXXXX. Ehang acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Ehang Investment Activity

Ehang invested in XXX companies to date.

Ehang made its latest investment on XXXXXXXX, XXXXX. Ehang invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).