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Enechange Valuation Multiples
Discover revenue and EBITDA valuation multiples for Enechange and similar public comparables like Stem, C2C Advanced Systems, Freetrailer Group, Upexi and more.
Enechange Overview
About Enechange
Enechange Ltd is a energy switching platform for consumers, and cloud based SaaS applications namely EMAP (digital marketing), SMAP (AI-based smart meter analytics) for energy companies.
Founded
2015
HQ

Employees
N/A
Website
Sectors
Financials (FY)
EV
$62M
Enechange Financials
Enechange reported last fiscal year revenue of $42M and negative EBITDA of ($4M).
In the same fiscal year, Enechange generated $33M in gross profit, ($4M) in EBITDA losses, and had net loss of ($8M).
Revenue (LTM)
Enechange P&L
In the most recent fiscal year, Enechange reported revenue of $42M and EBITDA of ($4M).
Enechange expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $42M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $33M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 78% | XXX | XXX | XXX |
| EBITDA | — | XXX | ($4M) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (10%) | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (45%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($8M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (19%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Enechange Stock Performance
Enechange has current market cap of $83M, and enterprise value of $62M.
Market Cap Evolution
Enechange's stock price is $1.94.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $62M | $83M | 7.4% | XXX | XXX | XXX | $-0.19 |
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Start Free TrialEnechange Valuation Multiples
Enechange trades at 1.5x EV/Revenue multiple, and (14.2x) EV/EBITDA.
EV / Revenue (LTM)
Enechange Financial Valuation Multiples
As of April 14, 2026, Enechange has market cap of $83M and EV of $62M.
Equity research analysts estimate Enechange's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Enechange has a P/E ratio of (10.4x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $83M | XXX | $83M | XXX | XXX | XXX |
| EV (current) | $62M | XXX | $62M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 1.5x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | (14.2x) | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (3.2x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 1.9x | XXX | XXX | XXX |
| P/E | — | XXX | (10.4x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (2.1x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Enechange 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.


Enechange Margins & Growth Rates
Enechange's revenue in the last fiscal year grew by —.
Enechange Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| EBITDA Margin | — | XXX | (10%) | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 132% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Enechange Public Comps
See public comps and valuation multiples for other Energy & Utilities Software and Industrial Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Enechange | XXX | XXX | XXX | XXX | XXX | XXX |
| Stem | XXX | XXX | XXX | XXX | XXX | XXX |
| C2C Advanced Systems | XXX | XXX | XXX | XXX | XXX | XXX |
| Freetrailer Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Upexi | XXX | XXX | XXX | XXX | XXX | XXX |
| Tuniu | 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.
Enechange M&A Activity
Enechange acquired XXX companies to date.
Last acquisition by Enechange was on XXXXXXXX, XXXXX. Enechange acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Enechange
| 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 TrialEnechange Investment Activity
Enechange invested in XXX companies to date.
Enechange made its latest investment on XXXXXXXX, XXXXX. Enechange invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Enechange
| 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 Enechange
| When was Enechange founded? | Enechange was founded in 2015. |
| Where is Enechange headquartered? | Enechange is headquartered in Japan. |
| Is Enechange publicly listed? | Yes, Enechange is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Enechange? | Enechange trades under 4169 ticker. |
| When did Enechange go public? | Enechange went public in 2020. |
| Who are competitors of Enechange? | Enechange main competitors are Stem, C2C Advanced Systems, Freetrailer Group, Upexi. |
| What is the current market cap of Enechange? | Enechange's current market cap is $83M. |
| What is the current revenue of Enechange? | Enechange's last fiscal year revenue is $42M. |
| What is the current EV/Revenue multiple of Enechange? | Current revenue multiple of Enechange is 1.5x. |
| Is Enechange profitable? | No, Enechange is not profitable. |
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