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Endur Valuation Multiples

Discover Endur's revenue and EBITDA valuation multiples and investment history, alongside public comparables like CMGP Group, Dangote Sugar Refinery, Cem Zeytin, San Miguel and more.

Endur Overview

About Endur

Endur ASA is a Nordic industrial group and supplier of infrastructure and solutions for the land-based aquaculture industry. The group is a supplier of construction and maintenance projects and services for infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges, and other specialized concrete and steel projects. Its Company focuses on new buildings and rehabilitations of industrial and residential real estate, turnkey constructions, carpentry and timber structures, for both public and private clients. The company and its subsidiaries also offer a wide range of other specialized projects and marine services.


Founded

2007

HQ

Norway

Employees

604

Website

endur.no

Financials (LTM)

Revenue: $759M
EBITDA: $80M

EV

$730M

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Endur Financials

Endur reported last 12-month revenue of $759M and EBITDA of $80M.

In the same LTM period, Endur generated $234M in gross profit, $80M in EBITDA, and $24M in net income.

Revenue (LTM)


Endur P&L

In the most recent fiscal year, Endur reported revenue of $695M and EBITDA of $70M.

Endur is profitable as of last fiscal year, with gross margin of 36%, EBITDA margin of 10%, and net margin of 2%.

See analyst estimates for Endur
LTMLast FY202320242025202620272028
Revenue$759M$695M$214M$302M$695M
Gross Profit$234M$249M$102M$155M$249M
Gross Margin31%36%47%51%36%
EBITDA$80M$70M$21M$39M$67M
EBITDA Margin11%10%10%13%10%
EBIT Margin6%5%4%5%5%
Net Profit$24M$16M($3M)$5M$14M
Net Margin3%2%(1%)2%2%

Financial data powered by Morningstar, Inc.

Endur Stock Performance

Endur has current market cap of $664M, and enterprise value of $730M.

Market Cap Evolution


Endur's stock price is $12.95.

Endur share price decreased by 1.8% in the last 30 days, and increased by 41.3% in the last year.

Endur has an EPS (earnings per share) of $0.32.

See more trading valuation data for Endur
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$730M$664M-1.8%-1.8%16.8%41.3%$0.32

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Endur Valuation Multiples

Endur trades at 1.0x EV/Revenue multiple, and 9.1x EV/EBITDA.

See NTM and 2027E valuation multiples for Endur

EV / Revenue (LTM)


Endur Financial Valuation Multiples

As of June 2, 2026, Endur has market cap of $664M and EV of $730M.

Endur has a P/E ratio of 27.9x.

LTMLast FY202320242025202620272028
EV/Revenue1.0x1.1x3.4x2.4x1.1x
EV/EBITDA9.1x10.5x35.3x18.5x10.9x
EV/EBIT17.0x20.2x78.2x45.9x20.9x
EV/Gross Profit3.1x2.9x7.2x4.7x2.9x
P/E27.9x40.8x(227.3x)141.4x45.9x
EV/FCF10.4x6.9x73.3x15.5x6.9x

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

Verified Endur 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.

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Endur Margins & Growth Rates

Endur grew revenue by 25% and EBITDA by 35% in the last fiscal year.

In the most recent fiscal year, Endur reported gross margin of 36%, EBITDA margin of 10%, and net margin of 2%.

See estimated margins and future growth rates for Endur

Endur Margins

Last FY202420252026202720282029
Gross Margin36%51%36%30%
EBITDA Margin10%13%10%11%
EBIT Margin5%5%5%6%
Net Margin2%2%2%4%
FCF Margin15%16%15%4%

Endur Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth25%41%130%25%
Gross Profit Growth3%53%60%3%
EBITDA Growth35%91%69%41%
EBIT Growth45%70%120%50%
Net Profit Growth110%(261%)208%136%
FCF Growth(65%)373%123%(65%)

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

Endur Operational KPIs

Endur's revenue per employee in the last FY averaged $1.1M, while opex per employee averaged $0.4M for the same period.

Endur's Rule of 40 is 36% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Endur's Rule of X is 73% (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 Endur
LTMLast FY202320242025202620272028
Rule of 4028%36%---
Bessemer Rule of X54%73%---
Revenue per Employee-$1.1M---
Opex per Employee-$0.4M---
Opex to Revenue-31%43%46%31%

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

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Endur Competitors

Endur competitors include CMGP Group, Dangote Sugar Refinery, Cem Zeytin, San Miguel, Gujarat State Fertilizers, AquaChile, Grupa Azoty, Hortifrut, Minerva and Hektaş.

Most Endur public comparables operate across Agriculture.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
CMGP Group1.8x1.7x11.2x10.0x
Dangote Sugar Refinery1.9x-24.4x-
Cem Zeytin10.8x-(275.0x)-
San Miguel7.5x-60.2x-
Gujarat State Fertilizers0.5x-4.8x-
AquaChile0.4x-2.5x-
Grupa Azoty0.9x0.9x41.9x19.8x
Hortifrut1.2x-(93.0x)-

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Investments by Endur

Endur has invested in 1 company to date.

Latest investment by Endur was on December 28th 2023. Endur invested in GeoSalmo in their $15M Series A round (EV/Revenue multiple available to Pro users).

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Latest Investments by Endur

GeoSalmo
Description
GeoSalmo is a Montenegrin seafood company based in Virpazar producing fresh and smoked Atlantic salmon fillets, whole fish, and value-added products like gravlax for export to Europe. It operates a land-based RAS farm on Lake Skadar with annual production capacity exceeding 1,000 tons, certified by ASC for sustainable aquaculture.
HQ CountryIceland
HQ City
Reykjavík
Deal Date28 Dec 2023
RoundSeries A
Raised$15M
InvestorsAdri & Zoon; Endur; Skel Fjarfestingafelag; Úthafsskip
Valuationundisclosed
EV/Revenue
EV/EBITDA

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About Endur

When was Endur founded?Endur was founded in 2007.
Where is Endur headquartered?Endur is headquartered in Norway.
How many employees does Endur have?As of today, Endur has over 604 employees.
Is Endur publicly listed?Yes, Endur is a public company listed on Oslo Børs.
What is the stock symbol of Endur?Endur trades under ENDUR ticker.
When did Endur go public?Endur went public in 2008.
Who are competitors of Endur?Endur main competitors include CMGP Group, Dangote Sugar Refinery, Cem Zeytin, San Miguel, Gujarat State Fertilizers, AquaChile, Grupa Azoty, Hortifrut, Minerva, Hektaş.
What is the current market cap of Endur?Endur's current market cap is $664M.
What is the current revenue of Endur?Endur's last 12 months revenue is $759M.
What is the current revenue growth of Endur?Endur revenue growth (NTM/LTM) is 17%.
What is the current EV/Revenue multiple of Endur?Current revenue multiple of Endur is 1.0x.
What is the current EBITDA of Endur?Endur's last 12 months EBITDA is $80M.
What is Endur's EBITDA margin?Endur's last 12 months EBITDA margin is 11%.
What is the current EV/EBITDA multiple of Endur?Current EBITDA multiple of Endur is 9.1x.
What is the current FCF of Endur?Endur's last 12 months FCF is $70M.
What is Endur's FCF margin?Endur's last 12 months FCF margin is 9%.
What is the current EV/FCF multiple of Endur?Current FCF multiple of Endur is 10.4x.
How many companies Endur has acquired to date?Endur hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Endur has invested to date?As of June 2026, Endur has invested in 1 company.
What was the last Endur investment?On 28th December 2023 Endur invested in GeoSalmo, participating in a $15M Series A round, alongside Adri & Zoon, Skel Fjarfestingafelag, and Úthafsskip.
In what companies Endur invested in?Endur invested in GeoSalmo.

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