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Gofore Valuation Multiples

Discover Gofore's revenue and EBITDA valuation multiples and M&A history, alongside public comparables like oRo Co., Elad Software, Euvic, Columbus and more.

Gofore Overview

About Gofore

Gofore PLC is a digital services company. The company offers services that help operators in the private and public sectors face digital change. The company offers services such as Digital transformation advisory, agile software development, service design, cloud technology, data & analytics, Digital quality assurance, and testing automation. The vast majority of its revenue comes from Finland.


Founded

2002

HQ

Finland

Employees

1.5K

Website

gofore.com

Financials (LTM)

Revenue: $247M
EBITDA: $27M

EV

$215M

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Gofore Financials

Gofore reported last 12-month revenue of $247M and EBITDA of $27M.

In the same LTM period, Gofore generated $28M in gross profit, $27M in EBITDA, and $12M in net income.

Revenue (LTM)


Gofore P&L

In the most recent fiscal year, Gofore reported revenue of $226M and EBITDA of $25M.

Gofore is profitable as of last fiscal year, with gross margin of 29%, EBITDA margin of 11%, and net margin of 5%.

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LTMLast FY202320242025202620272028
Revenue$247M$226M$219M$216M$222M
Gross Profit$28M$65M$74M$70M$65M
Gross Margin11%29%34%33%29%
EBITDA$27M$25M$36M$35M$25M
EBITDA Margin11%11%16%16%11%
EBIT Margin6%7%12%11%7%
Net Profit$12M$11M$21M$19M$11M
Net Margin5%5%9%9%5%

Financial data powered by Morningstar, Inc.

Gofore Stock Performance

Gofore has current market cap of $195M, and enterprise value of $215M.

Market Cap Evolution


Gofore's stock price is $12.04.

Gofore share price decreased by 5.6% in the last 30 days, and by 41.7% in the last year.

Gofore has an EPS (earnings per share) of $0.67.

See more trading valuation data for Gofore
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$215M$195M0.0%-5.6%-25.0%-41.7%$0.67

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Gofore Valuation Multiples

Gofore trades at 0.9x EV/Revenue multiple, and 7.9x EV/EBITDA.

See NTM and 2027E valuation multiples for Gofore

EV / Revenue (LTM)


Gofore Financial Valuation Multiples

As of June 15, 2026, Gofore has market cap of $195M and EV of $215M.

Gofore has a P/E ratio of 16.6x.

LTMLast FY202320242025202620272028
EV/Revenue0.9x1.0x1.0x1.0x1.0x
EV/EBITDA7.9x8.7x6.0x6.2x8.7x
EV/EBIT13.5x14.1x8.3x9.3x14.1x
EV/Gross Profit7.6x3.3x2.9x3.1x3.3x
P/E16.6x18.0x9.4x10.4x18.3x
EV/FCF8.5x8.5x10.7x5.2x8.7x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Gofore 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.

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Gofore Margins & Growth Rates

Gofore grew revenue by 21% and EBITDA by 26% in the last fiscal year.

In the most recent fiscal year, Gofore reported gross margin of 29%, EBITDA margin of 11%, and net margin of 5%.

See estimated margins and future growth rates for Gofore

Gofore Margins

Last FY202420252026202720282029
Gross Margin29%33%29%12%
EBITDA Margin11%16%11%11%
EBIT Margin7%11%7%7%
Net Margin5%9%5%5%
FCF Margin11%19%11%9%

Gofore Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth21%(2%)3%23%
Gross Profit Growth(48%)(4%)(8%)(48%)
EBITDA Growth26%(4%)(29%)26%
EBIT Growth19%(11%)(34%)19%
Net Profit Growth17%(9%)(43%)19%
FCF Growth(1%)106%(40%)1%

Data powered by FactSet, Inc. and Morningstar, Inc.

Gofore Operational KPIs

Gofore's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.

Gofore's Rule of 40 is 34% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Gofore's Rule of X is 68% (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).

Access forward-looking KPIs for Gofore
LTMLast FY202320242025202620272028
Rule of 4024%34%---
Bessemer Rule of X43%68%---
Revenue per Employee-$0.2M---
Opex per Employee-$0.0M---
S&M Expenses to Revenue-1%1%1%1%
Opex to Revenue-22%22%22%22%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Gofore Competitors

Gofore competitors include oRo Co., Elad Software, Euvic, Columbus, Lotte Innovate, Axtel, Sys-Dat, CAC Holdings, ISG and Allgeier.

Most Gofore public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
oRo Co.2.6x2.5x7.4x-
Elad Software1.0x-10.2x-
Euvic10.6x-(1509.3x)-
Columbus0.9x0.9x12.2x11.6x
Lotte Innovate0.3x0.3x3.4x3.4x
Axtel1.0x-2.8x-
Sys-Dat1.5x1.4x7.8x7.2x
CAC Holdings0.4x0.4x3.3x5.7x

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Acquisitions by Gofore

Gofore has acquired 4 companies to date.

Last acquisition by Gofore was on December 22nd 2025. Gofore acquired esentri for $11M (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by Gofore

esentri
Huld
CCEA
Solinor Oy
Description
esentri is a provider of DevOps, software development, data science, and data storage solutions.
Huld is a Tampere-headquartered firm delivering software development, product engineering, cybersecurity, and digital innovation services. It supports industries like manufacturing, energy, and healthcare with embedded systems, IoT solutions, and secure cloud architectures. The Finnish company collaborates on end-to-end product lifecycles, from prototyping to market launch, maintaining design centers in Helsinki and international partnerships across Scandinavia.
CCEA is a Helsinki-based consultancy specializing in organizational change management, portfolio oversight, capacity building, and performance measurement for Nordic enterprises. Operating since 2008, the firm deploys its Celkee Insight platform to deliver real-time analytics on change adoption across employee sentiment, skill uptake, and process efficiency. CCEA serves clients in telecom and finance sectors, including Elisa and OP Financial Group, enabling them to quantify ROI from transformations like digital migrations involving thousands of staff.
Solinor Oy is a Tampere, Finland-based digital services firm delivering custom software for public sector and enterprises. It specializes in business process automation, user experience design, and cloud-native applications using React, Java, and AWS. Solinor supports Finnish municipalities and banks with platforms for citizen services and financial operations.
HQ CountryGermanyFinlandFinlandFinland
HQ City
-
Espoo
Espoo
Helsinki
Deal Date22 Dec 20254 Jul 202518 Feb 202129 Aug 2018
Valuation$11M$59M$7M$5M
EV/Revenue
EV/EBITDA

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About Gofore

When was Gofore founded?Gofore was founded in 2002.
Where is Gofore headquartered?Gofore is headquartered in Finland.
How many employees does Gofore have?As of today, Gofore has over 1K employees.
Who is the CEO of Gofore?Gofore's CEO is Mikael Nylund.
Is Gofore publicly listed?Yes, Gofore is a public company listed on Nasdaq Helsinki.
What is the stock symbol of Gofore?Gofore trades under GOFORE ticker.
When did Gofore go public?Gofore went public in 2017.
Who are competitors of Gofore?Gofore main competitors include oRo Co., Elad Software, Euvic, Columbus, Lotte Innovate, Axtel, Sys-Dat, CAC Holdings, ISG, Allgeier.
What is the current market cap of Gofore?Gofore's current market cap is $195M.
What is the current revenue of Gofore?Gofore's last 12 months revenue is $247M.
What is the current revenue growth of Gofore?Gofore revenue growth (NTM/LTM) is 13%.
What is the current EV/Revenue multiple of Gofore?Current revenue multiple of Gofore is 0.9x.
What is the current EBITDA of Gofore?Gofore's last 12 months EBITDA is $27M.
What is Gofore's EBITDA margin?Gofore's last 12 months EBITDA margin is 11%.
What is the current EV/EBITDA multiple of Gofore?Current EBITDA multiple of Gofore is 7.9x.
What is the current FCF of Gofore?Gofore's last 12 months FCF is $25M.
What is Gofore's FCF margin?Gofore's last 12 months FCF margin is 10%.
What is the current EV/FCF multiple of Gofore?Current FCF multiple of Gofore is 8.5x.
How many companies Gofore has acquired to date?As of June 2026, Gofore has acquired 4 companies.
What was the largest acquisition by Gofore?$59M acquisition of Huld on 4th July 2025 was the largest M&A Gofore has done to date.
What companies Gofore acquired?Gofore acquired Huld, esentri, CCEA, and Solinor Oy.
In how many companies Gofore has invested to date?Gofore hasn't invested in any companies yet (or none have been disclosed publicly).

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