🚀 VC round data is live in beta, check it out!
- Public Comps
- Hanwha Systems
Hanwha Systems Valuation Multiples
Discover revenue and EBITDA valuation multiples for Hanwha Systems and similar public comparables like Kuang-Chi, China Spacesat, Indra Sistemas, Leonardo DRS and more.
Hanwha Systems Overview
About Hanwha Systems
Hanwha Systems Co Ltd is a South Korean-based company engaged in the areas of avionics and space, security and safety, and information systems services. The company operates through three segments: Defense, Information and Communications Technology (ICT), and Other. The Defense segment focuses on the manufacturing and sales of military equipment. The ICT segment provides services such as IT outsourcing. The Other segment includes manufacturing activities, new business engineering, data processing, and applied software services. It generates the majority of its revenue from the Defense segment.
Founded
2000
HQ

Employees
4.8K
Website
Financials (LTM)
EV
$14B
Hanwha Systems Financials
Hanwha Systems reported last 12-month revenue of $3B and EBITDA of $236M.
In the same LTM period, Hanwha Systems generated $268M in gross profit, $236M in EBITDA, and $165M in net income.
Revenue (LTM)
Hanwha Systems P&L
In the most recent fiscal year, Hanwha Systems reported revenue of $2B and EBITDA of $478M.
Hanwha Systems 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 | $2B | XXX | XXX | XXX |
| Gross Profit | $268M | XXX | $277M | XXX | XXX | XXX |
| Gross Margin | 11% | XXX | 15% | XXX | XXX | XXX |
| EBITDA | $236M | XXX | $478M | XXX | XXX | XXX |
| EBITDA Margin | 9% | XXX | 26% | XXX | XXX | XXX |
| EBIT Margin | 5% | XXX | 8% | XXX | XXX | XXX |
| Net Profit | $165M | XXX | $302M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 16% | XXX | XXX | XXX |
| Net Debt | — | — | $86M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Hanwha Systems Stock Performance
Hanwha Systems has current market cap of $14B, and enterprise value of $14B.
Market Cap Evolution
Hanwha Systems' stock price is $74.11.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $14B | $14B | -2.1% | XXX | XXX | XXX | $1.62 |
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 TrialHanwha Systems Valuation Multiples
Hanwha Systems trades at 5.7x EV/Revenue multiple, and 60.8x EV/EBITDA.
EV / Revenue (LTM)
Hanwha Systems Financial Valuation Multiples
As of March 15, 2026, Hanwha Systems has market cap of $14B and EV of $14B.
Equity research analysts estimate Hanwha Systems' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Hanwha Systems has a P/E ratio of 84.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $14B | XXX | $14B | XXX | XXX | XXX |
| EV (current) | $14B | XXX | $14B | XXX | XXX | XXX |
| EV/Revenue | 5.7x | XXX | 7.7x | XXX | XXX | XXX |
| EV/EBITDA | 60.8x | XXX | 30.1x | XXX | XXX | XXX |
| EV/EBIT | 125.1x | XXX | 98.4x | XXX | XXX | XXX |
| EV/Gross Profit | 53.8x | XXX | 52.0x | XXX | XXX | XXX |
| P/E | 84.0x | XXX | 45.8x | XXX | XXX | XXX |
| EV/FCF | (204.8x) | XXX | (154.0x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Hanwha Systems 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.


Hanwha Systems Margins & Growth Rates
Hanwha Systems' revenue in the last 12 month grew by 15%.
Hanwha Systems' revenue per employee in the last FY averaged $0.5M.
Hanwha Systems' rule of 40 is 24% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Hanwha Systems' rule of X is 46% (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).
Hanwha Systems Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 15% | XXX | 32% | XXX | XXX | XXX |
| EBITDA Margin | 9% | XXX | 26% | XXX | XXX | XXX |
| EBITDA Growth | 59% | XXX | (57%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 24% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 46% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 7% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Hanwha Systems Public Comps
See public comps and valuation multiples for other Defense Systems and Aircraft & Space Systems comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Kuang-Chi | XXX | XXX | XXX | XXX | XXX | XXX |
| China Spacesat | XXX | XXX | XXX | XXX | XXX | XXX |
| Indra Sistemas | XXX | XXX | XXX | XXX | XXX | XXX |
| Leonardo DRS | XXX | XXX | XXX | XXX | XXX | XXX |
| Avic Xian Aircraft | 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.
Hanwha Systems M&A Activity
Hanwha Systems acquired XXX companies to date.
Last acquisition by Hanwha Systems was on XXXXXXXX, XXXXX. Hanwha Systems acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Hanwha Systems
| 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 TrialHanwha Systems Investment Activity
Hanwha Systems invested in XXX companies to date.
Hanwha Systems made its latest investment on XXXXXXXX, XXXXX. Hanwha Systems invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Hanwha Systems
| 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 Hanwha Systems
| When was Hanwha Systems founded? | Hanwha Systems was founded in 2000. |
| Where is Hanwha Systems headquartered? | Hanwha Systems is headquartered in South Korea. |
| How many employees does Hanwha Systems have? | As of today, Hanwha Systems has over 4K employees. |
| Who is the CEO of Hanwha Systems? | Hanwha Systems' CEO is Jae-Il Son. |
| Is Hanwha Systems publicly listed? | Yes, Hanwha Systems is a public company listed on Korea Exchange. |
| What is the stock symbol of Hanwha Systems? | Hanwha Systems trades under 272210 ticker. |
| When did Hanwha Systems go public? | Hanwha Systems went public in 2019. |
| Who are competitors of Hanwha Systems? | Hanwha Systems main competitors are Kuang-Chi, China Spacesat, Indra Sistemas, Leonardo DRS. |
| What is the current market cap of Hanwha Systems? | Hanwha Systems' current market cap is $14B. |
| What is the current revenue of Hanwha Systems? | Hanwha Systems' last 12 months revenue is $3B. |
| What is the current revenue growth of Hanwha Systems? | Hanwha Systems revenue growth (NTM/LTM) is 15%. |
| What is the current EV/Revenue multiple of Hanwha Systems? | Current revenue multiple of Hanwha Systems is 5.7x. |
| Is Hanwha Systems profitable? | Yes, Hanwha Systems is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Hanwha Systems? | Hanwha Systems' last 12 months EBITDA is $236M. |
| What is Hanwha Systems' EBITDA margin? | Hanwha Systems' last 12 months EBITDA margin is 9%. |
| What is the current EV/EBITDA multiple of Hanwha Systems? | Current EBITDA multiple of Hanwha Systems is 60.8x. |
| What is the current FCF of Hanwha Systems? | Hanwha Systems' last 12 months FCF is ($70M). |
| What is Hanwha Systems' FCF margin? | Hanwha Systems' last 12 months FCF margin is (3%). |
| What is the current EV/FCF multiple of Hanwha Systems? | Current FCF multiple of Hanwha Systems is (204.8x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.