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Happy City Holdings Valuation Multiples
Discover revenue and EBITDA valuation multiples for Happy City Holdings and similar public comparables like Arabica Star, Ark Restaurants, Good Times Restaurants, GEN Restaurant Group and more.
Happy City Holdings Overview
About Happy City Holdings
Happy City Holdings Ltd operates three all-you-can-eat hotpot restaurants and specializes in Thai and Japanese Hotpot under the brand names Thai Pot and Gyu! Gyu! Shabu Shabu in Hong Kong. These restaurants are located in Tsuen Wan in the New Territories, Mong Kok in Kowloon, and North Point on Hong Kong Island. The Company's of its operations are conducted in Hong Kong.
Founded
2024
HQ

Employees
38
Website
Sectors
Financials (FY)
EV
$20M
Happy City Holdings Financials
Happy City Holdings reported last fiscal year revenue of $7M and negative EBITDA of ($2M).
In the same fiscal year, Happy City Holdings generated $857K in gross profit, ($2M) in EBITDA losses, and had net loss of ($2M).
Happy City Holdings P&L
In the most recent fiscal year, Happy City Holdings reported revenue of $7M and EBITDA of ($2M).
Happy City Holdings expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $7M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $857K | XXX | XXX | XXX |
| Gross Margin | — | XXX | 13% | XXX | XXX | XXX |
| EBITDA | — | XXX | ($2M) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (24%) | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (33%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($2M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (36%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Happy City Holdings Stock Performance
Happy City Holdings has current market cap of $19M, and enterprise value of $20M.
Market Cap Evolution
Happy City Holdings' stock price is $1.01.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $20M | $19M | 0.0% | XXX | XXX | XXX | $-0.13 |
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Start Free TrialHappy City Holdings Valuation Multiples
Happy City Holdings trades at 3.0x EV/Revenue multiple, and (12.5x) EV/EBITDA.
Happy City Holdings Financial Valuation Multiples
As of March 18, 2026, Happy City Holdings has market cap of $19M and EV of $20M.
Equity research analysts estimate Happy City Holdings' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Happy City Holdings has a P/E ratio of (8.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $19M | XXX | $19M | XXX | XXX | XXX |
| EV (current) | $20M | XXX | $20M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 3.0x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | (12.5x) | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (8.9x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 23.7x | XXX | XXX | XXX |
| P/E | — | XXX | (8.0x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (9.3x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Happy City Holdings Valuation Multiples
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Happy City Holdings Margins & Growth Rates
Happy City Holdings' revenue in the last fiscal year declined by (13%).
Happy City Holdings Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | (13%) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (24%) | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (217%) | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 44% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 46% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Happy City Holdings Public Comps
See public comps and valuation multiples for other Restaurants & Nightlife comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Arabica Star | XXX | XXX | XXX | XXX | XXX | XXX |
| Ark Restaurants | XXX | XXX | XXX | XXX | XXX | XXX |
| Good Times Restaurants | XXX | XXX | XXX | XXX | XXX | XXX |
| GEN Restaurant Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Premium Catering Holdings | 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.
Happy City Holdings M&A Activity
Happy City Holdings acquired XXX companies to date.
Last acquisition by Happy City Holdings was on XXXXXXXX, XXXXX. Happy City Holdings acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Happy City Holdings
| 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 TrialHappy City Holdings Investment Activity
Happy City Holdings invested in XXX companies to date.
Happy City Holdings made its latest investment on XXXXXXXX, XXXXX. Happy City Holdings invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Happy City Holdings
| 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 Happy City Holdings
| When was Happy City Holdings founded? | Happy City Holdings was founded in 2024. |
| Where is Happy City Holdings headquartered? | Happy City Holdings is headquartered in Hong Kong. |
| How many employees does Happy City Holdings have? | As of today, Happy City Holdings has over 38 employees. |
| Who is the CEO of Happy City Holdings? | Happy City Holdings' CEO is Suk Yee Kwan. |
| Is Happy City Holdings publicly listed? | Yes, Happy City Holdings is a public company listed on Nasdaq. |
| What is the stock symbol of Happy City Holdings? | Happy City Holdings trades under HCHL ticker. |
| When did Happy City Holdings go public? | Happy City Holdings went public in 2025. |
| Who are competitors of Happy City Holdings? | Happy City Holdings main competitors are Arabica Star, Ark Restaurants, Good Times Restaurants, GEN Restaurant Group. |
| What is the current market cap of Happy City Holdings? | Happy City Holdings' current market cap is $19M. |
| What is the current revenue of Happy City Holdings? | Happy City Holdings' last fiscal year revenue is $7M. |
| What is the current EV/Revenue multiple of Happy City Holdings? | Current revenue multiple of Happy City Holdings is 3.0x. |
| Is Happy City Holdings profitable? | No, Happy City Holdings is not profitable. |
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