🎉 M&A multiples are live!
Check it out!

Eternal Valuation Multiples

Discover revenue and EBITDA valuation multiples for Eternal and similar public comparables like Delivery Hero, Talabat, and VL E-Governance.

Eternal Overview

About Eternal

Eternal Ltd, formerly Zomato Ltd is an online food service platform. The customers use the platform to search and discover restaurants, read and write customer-generated reviews and view and upload photos, order food delivery, book a table, and make payments while dining out at restaurants. It also provides a platform for Restaurant partners and Brands to advertise themselves to the target audience in India and abroad and supplies high-quality ingredients to Restaurant partners. Its reportable segments include India food ordering and delivery; Hyperpure supplies, Quick commerce business, Going Out, and All other segments. The company generates maximum revenue from the India food ordering and delivery segment.


Founded

2010

HQ

India
Employees

4.0K+

Website

zomato.com

Financials

LTM Revenue $2.6B

LTM EBITDA $103M

EV

$24.6B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Eternal Financials

Eternal has a last 12-month revenue (LTM) of $2.6B and a last 12-month EBITDA of $103M.

In the most recent fiscal year, Eternal achieved revenue of $2.4B and an EBITDA of $201M.

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

See Eternal valuation multiples based on analyst estimates

Eternal P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $2.6B XXX $2.4B XXX XXX XXX
Gross Profit $1.8B XXX $1.7B XXX XXX XXX
Gross Margin 71% XXX 73% XXX XXX XXX
EBITDA $103M XXX $201M XXX XXX XXX
EBITDA Margin 4% XXX 8% XXX XXX XXX
EBIT -$5.5M XXX -$26.5M XXX XXX XXX
EBIT Margin 0% XXX -1% XXX XXX XXX
Net Profit $69.7M XXX $61.7M XXX XXX XXX
Net Margin 3% XXX 3% XXX XXX XXX
Net Debt XXX XXX n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Eternal Stock Performance

As of May 30, 2025, Eternal's stock price is INR 239 (or $3).

Eternal has current market cap of INR 2.17T (or $25.4B), and EV of INR 2.10T (or $24.6B).

See Eternal trading valuation data

Eternal Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$24.6B $25.4B XXX XXX XXX XXX $0.01

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Eternal Valuation Multiples

As of May 30, 2025, Eternal has market cap of $25.4B and EV of $24.6B.

Eternal's trades at 11.5x EV/Revenue multiple, and 139.4x EV/EBITDA.

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

Eternal has a P/E ratio of 364.0x.

See valuation multiples for Eternal and 12K+ public comps

Eternal Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $25.4B XXX $25.4B XXX XXX XXX
EV (current) $24.6B XXX $24.6B XXX XXX XXX
EV/Revenue 9.6x XXX 11.5x XXX XXX XXX
EV/EBITDA 237.9x XXX 139.4x XXX XXX XXX
EV/EBIT -4458.3x XXX -791.7x XXX XXX XXX
EV/Gross Profit 13.4x XXX n/a XXX XXX XXX
P/E 364.0x XXX 448.5x XXX XXX XXX
EV/FCF -163.5x XXX -578.1x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Eternal Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Eternal Margins & Growth Rates

Eternal's last 12 month revenue growth is 48%

Eternal's revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.4M for the same period.

Eternal's rule of 40 is 56% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Eternal's rule of X is 124% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Eternal and other 12K+ public comps

Eternal Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 48% XXX 47% XXX XXX XXX
EBITDA Margin 4% XXX 8% XXX XXX XXX
EBITDA Growth 89% XXX 37% XXX XXX XXX
Rule of 40 56% XXX 56% XXX XXX XXX
Bessemer Rule of X XXX XXX 124% XXX XXX XXX
Revenue per Employee XXX XXX $0.6M XXX XXX XXX
Opex per Employee XXX XXX $0.4M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 10% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX n/a XXX XXX XXX
Opex to Revenue XXX XXX 74% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Eternal Public Comps

See public comps and valuation multiples for Food Delivery and Consumer Marketplaces comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Prosus XXX XXX XXX XXX XXX XXX
Just Eat Takeaway.com XXX XXX XXX XXX XXX XXX
VL E-Governance XXX XXX XXX XXX XXX XXX
Talabat XXX XXX XXX XXX XXX XXX
Delivery Hero 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.

Eternal M&A and Investment Activity

Eternal acquired  XXX companies to date.

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

See M&A valuation multiples

Latest Acquisitions by Eternal

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About Eternal

When was Eternal founded? Eternal was founded in 2010.
Where is Eternal headquartered? Eternal is headquartered in India.
How many employees does Eternal have? As of today, Eternal has 4.0K+ employees.
Who is the CEO of Eternal? Eternal's CEO is Mr. Deepinder Goyal.
Is Eternal publicy listed? Yes, Eternal is a public company listed on BOM.
What is the stock symbol of Eternal? Eternal trades under 543320 ticker.
When did Eternal go public? Eternal went public in 2021.
Who are competitors of Eternal? Similar companies to Eternal include e.g. Prosus, Just Eat Takeaway.com, VL E-Governance, Talabat.
What is the current market cap of Eternal? Eternal's current market cap is $25.4B
What is the current revenue of Eternal? Eternal's last 12 months revenue is $2.6B.
What is the current revenue growth of Eternal? Eternal revenue growth (NTM/LTM) is 48%.
What is the current EV/Revenue multiple of Eternal? Current revenue multiple of Eternal is 9.6x.
Is Eternal profitable? Yes, Eternal is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Eternal? Eternal's last 12 months EBITDA is $103M.
What is Eternal's EBITDA margin? Eternal's last 12 months EBITDA margin is 4%.
What is the current EV/EBITDA multiple of Eternal? Current EBITDA multiple of Eternal is 237.9x.
What is the current FCF of Eternal? Eternal's last 12 months FCF is -$150M.
What is Eternal's FCF margin? Eternal's last 12 months FCF margin is -6%.
What is the current EV/FCF multiple of Eternal? Current FCF multiple of Eternal is -163.5x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.