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- freenet
freenet Valuation Multiples
Discover revenue and EBITDA valuation multiples for freenet and similar public comparables like Hrvatski Telekom, VEON, Globe Telecom, Liberty Global and more.
freenet Overview
About freenet
freenet AG is a German mobile communication and mobile Internet company. It operates as an independent service provider without its own network. The company distributes mobile communications tariffs and options throughout Germany, using a subscription agreement and multi-brand technique. The company has three operating segments: Mobile communications, TV and media and Other/holding. The Mobile communications segment generates almost all of the firm's revenue. This segment offers a product portfolio of voice and data services for mobile communication operators. It also buys mobile communications services from the network operators and sells them to its end customers.
Founded
2005
HQ

Employees
3.2K
Website
Sectors
Financials (LTM)
EV
$4B
freenet Financials
freenet reported last 12-month revenue of $3B and EBITDA of $632M.
In the same LTM period, freenet generated $632M in EBITDA and $315M in net income.
Revenue (LTM)
freenet P&L
In the most recent fiscal year, freenet reported revenue of $3B and EBITDA of $605M.
freenet expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | — | XXX | 40% | XXX | XXX | XXX |
| EBITDA | $632M | XXX | $605M | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 21% | XXX | XXX | XXX |
| EBIT Margin | 15% | XXX | 16% | XXX | XXX | XXX |
| Net Profit | $315M | XXX | $286M | XXX | XXX | XXX |
| Net Margin | 11% | XXX | 10% | XXX | XXX | XXX |
| Net Debt | — | — | $275M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
freenet Stock Performance
freenet has current market cap of $4B, and enterprise value of $4B.
Market Cap Evolution
freenet's stock price is $32.08.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $4B | (0.2%) | XXX | XXX | XXX | $2.43 |
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Start Free Trialfreenet Valuation Multiples
freenet trades at 1.3x EV/Revenue multiple, and 6.1x EV/EBITDA.
EV / Revenue (LTM)
freenet Financial Valuation Multiples
As of March 7, 2026, freenet has market cap of $4B and EV of $4B.
Equity research analysts estimate freenet's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
freenet has a P/E ratio of 12.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | 1.3x | XXX | 1.3x | XXX | XXX | XXX |
| EV/EBITDA | 6.1x | XXX | 6.3x | XXX | XXX | XXX |
| EV/EBIT | 8.7x | XXX | 8.4x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 3.3x | XXX | XXX | XXX |
| P/E | 12.0x | XXX | 13.2x | XXX | XXX | XXX |
| EV/FCF | 11.0x | XXX | 10.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified freenet 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.


freenet Margins & Growth Rates
freenet's revenue in the last 12 month grew by 10%.
freenet's revenue per employee in the last FY averaged $0.9M.
freenet's rule of 40 is 32% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
freenet's rule of X is 47% (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).
freenet Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 10% | XXX | 1% | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 21% | XXX | XXX | XXX |
| EBITDA Growth | 0% | XXX | 5% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 32% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 47% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.9M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 5% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 25% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
freenet Public Comps
See public comps and valuation multiples for other Telecom Service Providers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Hrvatski Telekom | XXX | XXX | XXX | XXX | XXX | XXX |
| VEON | XXX | XXX | XXX | XXX | XXX | XXX |
| Globe Telecom | XXX | XXX | XXX | XXX | XXX | XXX |
| Liberty Global | XXX | XXX | XXX | XXX | XXX | XXX |
| PT XLSmart Telecom | 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.
freenet M&A Activity
freenet acquired XXX companies to date.
Last acquisition by freenet was on XXXXXXXX, XXXXX. freenet acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by freenet
| 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
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Start Free Trialfreenet Investment Activity
freenet invested in XXX companies to date.
freenet made its latest investment on XXXXXXXX, XXXXX. freenet invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by freenet
| 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 freenet
| When was freenet founded? | freenet was founded in 2005. |
| Where is freenet headquartered? | freenet is headquartered in Germany. |
| How many employees does freenet have? | As of today, freenet has over 3K employees. |
| Is freenet publicly listed? | Yes, freenet is a public company listed on Frankfurt Stock Exchange. |
| What is the stock symbol of freenet? | freenet trades under FNTN ticker. |
| When did freenet go public? | freenet went public in 2003. |
| Who are competitors of freenet? | freenet main competitors are Hrvatski Telekom, VEON, Globe Telecom, Liberty Global. |
| What is the current market cap of freenet? | freenet's current market cap is $4B. |
| What is the current revenue of freenet? | freenet's last 12 months revenue is $3B. |
| What is the current revenue growth of freenet? | freenet revenue growth (NTM/LTM) is 10%. |
| What is the current EV/Revenue multiple of freenet? | Current revenue multiple of freenet is 1.3x. |
| Is freenet profitable? | Yes, freenet is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of freenet? | freenet's last 12 months EBITDA is $632M. |
| What is freenet's EBITDA margin? | freenet's last 12 months EBITDA margin is 21%. |
| What is the current EV/EBITDA multiple of freenet? | Current EBITDA multiple of freenet is 6.1x. |
| What is the current FCF of freenet? | freenet's last 12 months FCF is $350M. |
| What is freenet's FCF margin? | freenet's last 12 months FCF margin is 12%. |
| What is the current EV/FCF multiple of freenet? | Current FCF multiple of freenet is 11.0x. |
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