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Fnm Valuation Multiples
Discover revenue and EBITDA valuation multiples for Fnm and similar public comparables like Uestra Hannoversche, BVZ Holding, NRC Group, SAPTCO and more.
Fnm Overview
About Fnm
Fnm is an Italy based transport company. Along with its subsidiaries, the firm operates in rail transport, management, and maintenance of railway networks, road transportation, freight transportation, engineering and design, information communication technology, and energy sectors.
Founded
1877
HQ

Employees
2.2K
Website
Sectors
Financials (LTM)
EV
$732M
Fnm Financials
Fnm reported last 12-month revenue of $788M and EBITDA of $273M.
In the same LTM period, Fnm generated $273M in EBITDA and $59M in net income.
Revenue (LTM)
Fnm P&L
In the most recent fiscal year, Fnm reported revenue of $1B and EBITDA of $299M.
Fnm expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $788M | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $679M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 65% | XXX | XXX | XXX |
| EBITDA | $273M | XXX | $299M | XXX | XXX | XXX |
| EBITDA Margin | 35% | XXX | 29% | XXX | XXX | XXX |
| EBIT Margin | 11% | XXX | 18% | XXX | XXX | XXX |
| Net Profit | $59M | XXX | $87M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 8% | XXX | XXX | XXX |
| Net Debt | — | — | $427M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Fnm Stock Performance
Fnm has current market cap of $276M, and enterprise value of $732M.
Market Cap Evolution
Fnm's stock price is $0.63.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $732M | $276M | 0.0% | XXX | XXX | XXX | $0.20 |
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Start Free TrialFnm Valuation Multiples
Fnm trades at 0.9x EV/Revenue multiple, and 2.7x EV/EBITDA.
EV / Revenue (LTM)
Fnm Financial Valuation Multiples
As of April 20, 2026, Fnm has market cap of $276M and EV of $732M.
Equity research analysts estimate Fnm's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Fnm has a P/E ratio of 4.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $276M | XXX | $276M | XXX | XXX | XXX |
| EV (current) | $732M | XXX | $732M | XXX | XXX | XXX |
| EV/Revenue | 0.9x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 2.7x | XXX | 2.5x | XXX | XXX | XXX |
| EV/EBIT | 8.3x | XXX | 4.0x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 1.1x | XXX | XXX | XXX |
| P/E | 4.7x | XXX | 3.2x | XXX | XXX | XXX |
| EV/FCF | 237.2x | XXX | 12.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Fnm 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.


Fnm Margins & Growth Rates
Fnm's revenue in the last 12 month grew by 5%.
Fnm's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.2M for the same period.
Fnm's rule of 40 is 16% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Fnm's rule of X is (16%) (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).
Fnm Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | (21%) | XXX | XXX | XXX |
| EBITDA Margin | 35% | XXX | 29% | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | 1% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 16% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (16%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 48% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Fnm Public Comps
See public comps and valuation multiples for other Railways comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Fnm | XXX | XXX | XXX | XXX | XXX | XXX |
| Uestra Hannoversche | XXX | XXX | XXX | XXX | XXX | XXX |
| BVZ Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| NRC Group | XXX | XXX | XXX | XXX | XXX | XXX |
| SAPTCO | XXX | XXX | XXX | XXX | XXX | XXX |
| Talgo | 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.
Fnm M&A Activity
Fnm acquired XXX companies to date.
Last acquisition by Fnm was on XXXXXXXX, XXXXX. Fnm acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Fnm
| 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 TrialFnm Investment Activity
Fnm invested in XXX companies to date.
Fnm made its latest investment on XXXXXXXX, XXXXX. Fnm invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Fnm
| 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 Fnm
| When was Fnm founded? | Fnm was founded in 1877. |
| Where is Fnm headquartered? | Fnm is headquartered in Italy. |
| How many employees does Fnm have? | As of today, Fnm has over 2K employees. |
| Who is the CEO of Fnm? | Fnm's CEO is Andrea Gibelli. |
| Is Fnm publicly listed? | Yes, Fnm is a public company listed on Borsa Italiana. |
| What is the stock symbol of Fnm? | Fnm trades under FNM ticker. |
| When did Fnm go public? | Fnm went public in 2009. |
| Who are competitors of Fnm? | Fnm main competitors are Uestra Hannoversche, BVZ Holding, NRC Group, SAPTCO. |
| What is the current market cap of Fnm? | Fnm's current market cap is $276M. |
| What is the current revenue of Fnm? | Fnm's last 12 months revenue is $788M. |
| What is the current revenue growth of Fnm? | Fnm revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of Fnm? | Current revenue multiple of Fnm is 0.9x. |
| Is Fnm profitable? | Yes, Fnm is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Fnm? | Fnm's last 12 months EBITDA is $273M. |
| What is Fnm's EBITDA margin? | Fnm's last 12 months EBITDA margin is 35%. |
| What is the current EV/EBITDA multiple of Fnm? | Current EBITDA multiple of Fnm is 2.7x. |
| What is the current FCF of Fnm? | Fnm's last 12 months FCF is $3M. |
| What is Fnm's FCF margin? | Fnm's last 12 months FCF margin is 0%. |
| What is the current EV/FCF multiple of Fnm? | Current FCF multiple of Fnm is 237.2x. |
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