Harvia - Public Comps and Valuation Multiples

Harvia Overview

About Harvia

Harvia PLC is a sauna and spa company. The company's brands and product range are well known in the market and the company's comprehensive product range aims to meet the needs of the international sauna and spa market, both for professionals and consumers.The Group’s product range includes sauna heaters, sauna rooms, infrared and steam saunas, steam showers, spa components, control units, heater stones, sauna accessories and sauna interior solutions such as sauna benches, audio speakers and lighting solutions. The company's production plant for saunas and sauna components is also located in Muurame in connection with Harvia's head office.

Founded

1950

HQ

Employees

696

Website

harviagroup.com

Sectors

Sports & Leisure

Financials

LTM Revenue $223M

LTM EBITDA $53.4M

EV

$837M

Valuation Multiples

Multiples.vc

Valuation Multiples for 15K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Browse Valuation Multiples

Harvia Financials

As of September 2025, Harvia reported last 12-month revenue of $223M and EBITDA of $53.4M.

In the same period, Harvia generated $99.7M in LTM gross profit and $29.7M in net income.

See Harvia valuation multiples based on analyst estimates

Harvia P&L

In the most recent fiscal year, Harvia reported revenue of $205M and EBITDA of $49.5M.

Harvia expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Harvia valuation multiples based on analyst estimates

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue	$223M	XXX	$205M	XXX	XXX	XXX
Gross Profit	$99.7M	XXX	$132M	XXX	XXX	XXX
Gross Margin	45%	XXX	64%	XXX	XXX	XXX
EBITDA	$53.4M	XXX	$49.5M	XXX	XXX	XXX
EBITDA Margin	24%	XXX	24%	XXX	XXX	XXX
EBIT	$45.1M	XXX	$41.6M	XXX	XXX	XXX
EBIT Margin	20%	XXX	20%	XXX	XXX	XXX
Net Profit	$29.7M	XXX	$28.4M	XXX	XXX	XXX
Net Margin	13%	XXX	14%	XXX	XXX	XXX
Net Debt	XXX	XXX	$57.3M	XXX	XXX	XXX

Financial data powered by Morningstar, Inc.

.seo-only-financials-wrapper { position: static; left: auto; width: auto; height: auto; overflow: visible; }

Financial performance metrics for Harvia including revenue, profitability, and margin analysis across different time periods. The company reported last twelve months revenue of $223M. EBITDA for the last twelve months was $53.4M. In the most recent fiscal year, Harvia achieved $205M in revenue and $49.5M in EBITDA.
Financial Metric	Last Twelve Months (LTM)	Next Twelve Months (NTM)	Most Recent Fiscal Year	Current Fiscal Year (2025)	Next Fiscal Year (2026)	Two Years Forward (2027)
Total Revenue	$223M	Analyst estimates available to subscribers	$205M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit	$99.7M	Analyst estimates available to subscribers	$132M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Gross Profit Margin	44.7% gross margin	Analyst estimates available to subscribers	64.3% gross profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortization)	$53.4M	Analyst estimates available to subscribers	$49.5M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBITDA Margin	23.9% EBITDA margin	Analyst estimates available to subscribers	24.1% EBITDA margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT (Earnings Before Interest and Taxes)	$45.1M	Analyst estimates available to subscribers	$41.6M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
EBIT Margin	20.2% EBIT margin	Analyst estimates available to subscribers	20.3% EBIT margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Income (Net Profit)	$29.7M	Analyst estimates available to subscribers	$28.4M	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Profit Margin	13.3% net profit margin	Analyst estimates available to subscribers	13.8% net profit margin	Analyst estimates available to subscribers	Analyst estimates available to subscribers	Analyst estimates available to subscribers
Net Debt Position	Detailed debt information available to subscribers	Detailed debt information available to subscribers	$57.3M	Detailed debt information available to subscribers	Detailed debt information available to subscribers	Detailed debt information available to subscribers

Financial Performance Summary for Harvia

This financial data table provides comprehensive performance metrics for Harvia, a company based in Finland. The metrics include revenue, profitability measures, and operational efficiency indicators across multiple time periods.

Recent Performance Highlights

Harvia generated $223M in revenue over the last twelve months.
The company achieved $53.4M in EBITDA over the last twelve months.
Gross profit for the last twelve months was $99.7M.
Net income over the last twelve months reached $29.7M.

Fiscal Year Performance

In the most recent fiscal year, Harvia reported $205M in total revenue.
Fiscal year EBITDA was $49.5M.
The company maintained a gross profit margin of 64.3% in the most recent fiscal year.
EBITDA margin for the fiscal year was 24.1%.
Net profit margin reached 13.8% in the most recent fiscal year.

This financial data is sourced from Morningstar, Inc. and represents the most recent available information for Harvia. Forward-looking estimates and detailed financial projections are available through our premium subscription service.

Harvia Stock Performance

Harvia has current market cap of EUR 657M (or $769M), and EV of EUR 715M (or $837M).

Market Cap Evolution

Harvia Stock Data

As of October 7, 2025, Harvia's stock price is EUR 35 (or $41).

See Harvia trading valuation data

EV	Market Cap	Price 1D	Price 1M	Price 3M	Price 12M	EPS
$837M	$769M	XXX	XXX	XXX	XXX	$1.64

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Harvia Valuation Multiples

Harvia's trades at 4.1x EV/Revenue multiple, and 16.9x EV/EBITDA.

See valuation multiples for Harvia and 15K+ public comps

Harvia Financial Valuation Multiples

As of October 7, 2025, Harvia has market cap of $769M and EV of $837M.

Equity research analysts estimate Harvia's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Harvia has a P/E ratio of 25.9x.

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Market cap (current)	$769M	XXX	$769M	XXX	XXX	XXX
EV (current)	$837M	XXX	$837M	XXX	XXX	XXX
EV/Revenue	3.8x	XXX	4.1x	XXX	XXX	XXX
EV/EBITDA	15.7x	XXX	16.9x	XXX	XXX	XXX
EV/EBIT	18.6x	XXX	20.1x	XXX	XXX	XXX
EV/Gross Profit	8.4x	XXX	n/a	XXX	XXX	XXX
P/E	25.9x	XXX	27.1x	XXX	XXX	XXX
EV/FCF	37.8x	XXX	28.0x	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Harvia Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Harvia Margins & Growth Rates

Harvia's last 12 month revenue growth is 10%

Harvia's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.

Harvia's rule of 40 is 36% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Harvia's rule of X is 49% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Harvia and other 15K+ public comps

Harvia Operational Valuation Multiples

	LTM	NTM	Last FY	FY 2025	FY 2026	FY 2027
Revenue Growth	10%	XXX	10%	XXX	XXX	XXX
EBITDA Margin	24%	XXX	24%	XXX	XXX	XXX
EBITDA Growth	13%	XXX	10%	XXX	XXX	XXX
Rule of 40	36%	XXX	34%	XXX	XXX	XXX
Bessemer Rule of X	XXX	XXX	49%	XXX	XXX	XXX
Revenue per Employee	XXX	XXX	$0.3M	XXX	XXX	XXX
Opex per Employee	XXX	XXX	$0.1M	XXX	XXX	XXX
S&M Expenses to Revenue	XXX	XXX	11%	XXX	XXX	XXX
G&A Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
R&D Expenses to Revenue	XXX	XXX	n/a	XXX	XXX	XXX
Opex to Revenue	XXX	XXX	44%	XXX	XXX	XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics

Pharma Analytics

Private Equity

ERP Software

Developer Tools

Consumer SaaS

Streaming Platforms

Explore Valuation Multiples by Industry

Start Free Trial