🚀 VC round data is live in beta, check it out!
- Public Comps
- Fiera Milano
Fiera Milano Valuation Multiples
Discover revenue and EBITDA valuation multiples for Fiera Milano and similar public comparables like Funshine Culture Group, Beijing Jingxi, Emerald Holding, Eventbrite and more.
Fiera Milano Overview
About Fiera Milano
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, and Congresses. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions.
Founded
1920
HQ

Employees
745
Website
Sectors
Financials (LTM)
EV
$906M
Fiera Milano Financials
Fiera Milano reported last 12-month revenue of $430M and EBITDA of $145M.
In the same LTM period, Fiera Milano generated $145M in EBITDA and $52M in net income.
Revenue (LTM)
Fiera Milano P&L
In the most recent fiscal year, Fiera Milano reported revenue of $317M and EBITDA of $103M.
Fiera Milano expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $430M | XXX | $317M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $314M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 99% | XXX | XXX | XXX |
| EBITDA | $145M | XXX | $103M | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 32% | XXX | XXX | XXX |
| EBIT Margin | 19% | XXX | 11% | XXX | XXX | XXX |
| Net Profit | $52M | XXX | $22M | XXX | XXX | XXX |
| Net Margin | 12% | XXX | 7% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Fiera Milano Stock Performance
Fiera Milano has current market cap of $660M, and enterprise value of $906M.
Market Cap Evolution
Fiera Milano's stock price is $9.30.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $906M | $660M | 0.0% | XXX | XXX | XXX | $0.32 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialFiera Milano Valuation Multiples
Fiera Milano trades at 2.1x EV/Revenue multiple, and 6.3x EV/EBITDA.
EV / Revenue (LTM)
Fiera Milano Financial Valuation Multiples
As of March 10, 2026, Fiera Milano has market cap of $660M and EV of $906M.
Equity research analysts estimate Fiera Milano's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Fiera Milano has a P/E ratio of 12.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $660M | XXX | $660M | XXX | XXX | XXX |
| EV (current) | $906M | XXX | $906M | XXX | XXX | XXX |
| EV/Revenue | 2.1x | XXX | 2.9x | XXX | XXX | XXX |
| EV/EBITDA | 6.3x | XXX | 8.8x | XXX | XXX | XXX |
| EV/EBIT | 10.8x | XXX | 26.0x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 2.9x | XXX | XXX | XXX |
| P/E | 12.7x | XXX | 29.5x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 14.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Fiera Milano 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.


Fiera Milano Margins & Growth Rates
Fiera Milano's revenue in the last 12 month grew by 4%.
Fiera Milano's revenue per employee in the last FY averaged $0.6M.
Fiera Milano's rule of 40 is 37% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Fiera Milano's rule of X is 42% (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).
Fiera Milano Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 35% | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 32% | XXX | XXX | XXX |
| EBITDA Growth | (12%) | XXX | 46% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 37% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 42% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 4% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 5% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 89% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Fiera Milano Public Comps
See public comps and valuation multiples for other Events comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Funshine Culture Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Beijing Jingxi | XXX | XXX | XXX | XXX | XXX | XXX |
| Emerald Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| Eventbrite | XXX | XXX | XXX | XXX | XXX | XXX |
| Maoyan Entertainment | 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.
Fiera Milano M&A Activity
Fiera Milano acquired XXX companies to date.
Last acquisition by Fiera Milano was on XXXXXXXX, XXXXX. Fiera Milano acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Fiera Milano
| 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 |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialFiera Milano Investment Activity
Fiera Milano invested in XXX companies to date.
Fiera Milano made its latest investment on XXXXXXXX, XXXXX. Fiera Milano invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Fiera Milano
| 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 |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Fiera Milano
| When was Fiera Milano founded? | Fiera Milano was founded in 1920. |
| Where is Fiera Milano headquartered? | Fiera Milano is headquartered in Italy. |
| How many employees does Fiera Milano have? | As of today, Fiera Milano has over 745 employees. |
| Who is the CEO of Fiera Milano? | Fiera Milano's CEO is Francesco Conci. |
| Is Fiera Milano publicly listed? | Yes, Fiera Milano is a public company listed on Borsa Italiana. |
| What is the stock symbol of Fiera Milano? | Fiera Milano trades under FM ticker. |
| When did Fiera Milano go public? | Fiera Milano went public in 2002. |
| Who are competitors of Fiera Milano? | Fiera Milano main competitors are Funshine Culture Group, Beijing Jingxi, Emerald Holding, Eventbrite. |
| What is the current market cap of Fiera Milano? | Fiera Milano's current market cap is $660M. |
| What is the current revenue of Fiera Milano? | Fiera Milano's last 12 months revenue is $430M. |
| What is the current revenue growth of Fiera Milano? | Fiera Milano revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Fiera Milano? | Current revenue multiple of Fiera Milano is 2.1x. |
| Is Fiera Milano profitable? | Yes, Fiera Milano is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Fiera Milano? | Fiera Milano's last 12 months EBITDA is $145M. |
| What is Fiera Milano's EBITDA margin? | Fiera Milano's last 12 months EBITDA margin is 34%. |
| What is the current EV/EBITDA multiple of Fiera Milano? | Current EBITDA multiple of Fiera Milano is 6.3x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.