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- f-code
f-code Valuation Multiples
Discover revenue and EBITDA valuation multiples for f-code and similar public comparables like Netweek, MIC Company, Pebble Group, Townsquare Media and more.
f-code Overview
About f-code
f-code Inc is engaged in providing comprehensive consulting services in digital marketing.
Founded
2006
HQ

Employees
N/A
Website
Sectors
Financials (LTM)
EV
$137M
f-code Financials
f-code reported last 12-month revenue of $81M.
In the same LTM period, f-code generated $10M in net income.
Revenue (LTM)
f-code P&L
In the most recent fiscal year, f-code reported revenue of $78M and EBITDA of $16M.
f-code expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $81M | XXX | $78M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $45M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 57% | XXX | XXX | XXX |
| EBITDA | — | XXX | $16M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 21% | XXX | XXX | XXX |
| EBIT Margin | 21% | XXX | 20% | XXX | XXX | XXX |
| Net Profit | $10M | XXX | $9M | XXX | XXX | XXX |
| Net Margin | 12% | XXX | 12% | XXX | XXX | XXX |
| Net Debt | — | — | $29M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
f-code Stock Performance
f-code has current market cap of $114M, and enterprise value of $137M.
Market Cap Evolution
f-code's stock price is $9.31.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $137M | $114M | 0.2% | XXX | XXX | XXX | $0.77 |
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Start Free Trialf-code Valuation Multiples
f-code trades at 1.7x EV/Revenue multiple, and 8.6x EV/EBITDA.
EV / Revenue (LTM)
f-code Financial Valuation Multiples
As of April 2, 2026, f-code has market cap of $114M and EV of $137M.
Equity research analysts estimate f-code's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
f-code has a P/E ratio of 11.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $114M | XXX | $114M | XXX | XXX | XXX |
| EV (current) | $137M | XXX | $137M | XXX | XXX | XXX |
| EV/Revenue | 1.7x | XXX | 1.8x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 8.6x | XXX | XXX | XXX |
| EV/EBIT | 8.3x | XXX | 9.0x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 3.1x | XXX | XXX | XXX |
| P/E | 11.3x | XXX | 12.0x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 20.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified f-code 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.


f-code Margins & Growth Rates
f-code's revenue in the last 12 month grew by 17%.
f-code Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 17% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 21% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 68% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 42% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 39% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
f-code Public Comps
See public comps and valuation multiples for other Advertising & Marketing comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Netweek | XXX | XXX | XXX | XXX | XXX | XXX |
| MIC Company | XXX | XXX | XXX | XXX | XXX | XXX |
| Pebble Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Townsquare Media | XXX | XXX | XXX | XXX | XXX | XXX |
| Macbee Planet | 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.
f-code M&A Activity
f-code acquired XXX companies to date.
Last acquisition by f-code was on XXXXXXXX, XXXXX. f-code acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by f-code
| 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 Trialf-code Investment Activity
f-code invested in XXX companies to date.
f-code made its latest investment on XXXXXXXX, XXXXX. f-code invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by f-code
| 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 f-code
| When was f-code founded? | f-code was founded in 2006. |
| Where is f-code headquartered? | f-code is headquartered in Japan. |
| Is f-code publicly listed? | Yes, f-code is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of f-code? | f-code trades under 9211 ticker. |
| When did f-code go public? | f-code went public in 2021. |
| Who are competitors of f-code? | f-code main competitors are Netweek, MIC Company, Pebble Group, Townsquare Media. |
| What is the current market cap of f-code? | f-code's current market cap is $114M. |
| What is the current revenue of f-code? | f-code's last 12 months revenue is $81M. |
| What is the current revenue growth of f-code? | f-code revenue growth (NTM/LTM) is 17%. |
| What is the current EV/Revenue multiple of f-code? | Current revenue multiple of f-code is 1.7x. |
| Is f-code profitable? | Yes, f-code is net-income-positive (as of the last 12 months). |
| What is the current net income of f-code? | f-code's last 12 months net income is $10M. |
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