Ekopak Valuation Multiples

Ekopak Overview

About Ekopak

Ekopak NV is an environmental, social, and governance-driven off-grid water solution company. The company includes two segments: WaaS & Project Business. With Water-as-a-Service (WaaS), the company offers a carefree service from A to Z. The contract with the customer is, in substance, the delivery, during the contractual period, of a guaranteed minimum volume of water which meets the contractual quality requirements under the DBFMO contracts. The Project Business model includes the traditional sales, recurring services, consumables, and short-term rental sales. The majority of revenue is from Project Business. The company operates in Europe, APAC, Africa, and the Americas.

Founded

1997

HQ

Employees

285

Website

ekopak.be

Sectors

UtilitiesWaste & Environmental ServicesClimateTech

Financials (LTM)

Revenue: $66M

EBITDA: ($66K)

EV

$190M

Valuation Multiples

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Ekopak Financials

Ekopak reported last 12-month revenue of $66M and negative EBITDA of ($66K).

In the same LTM period, Ekopak generated $32M in gross profit, ($66K) in EBITDA losses, and had net loss of ($12M).

Ekopak P&L

In the most recent fiscal year, Ekopak reported revenue of $60M and EBITDA of ($5M).

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

Ekopak Stock Performance

Ekopak has current market cap of $101M, and enterprise value of $190M.

Ekopak's stock price is $5.77.

Ekopak Valuation Multiples

Ekopak trades at 2.9x EV/Revenue multiple, and (2855.6x) EV/EBITDA.

Ekopak Financial Valuation Multiples

As of April 19, 2026, Ekopak has market cap of $101M and EV of $190M.

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

Ekopak has a P/E ratio of (8.3x).

Ekopak Margins & Growth Rates

Ekopak's revenue in the last 12 month grew by 24%.

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

Ekopak's rule of 40 is 49% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Ekopak's rule of X is 101% (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).

Ekopak Public Comps

See public comps and valuation multiples for other Utilities and Waste & Environmental Services comps.

Ekopak M&A Activity

Ekopak acquired XXX companies to date.

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

Ekopak Investment Activity

Ekopak invested in XXX companies to date.

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