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Havas Valuation Multiples
Discover revenue and EBITDA valuation multiples for Havas and similar public comparables like Arabian Contracting Services, Hunan TV & Broadcast, Stagwell, Autohome and more.
Havas Overview
About Havas
Havas NV is engaged in global communications and marketing, providing end-to-end services across the industry. Its has three primary business lines: (i) Havas Creative, which delivers creative services, from advertising, brand strategy and business transformation to digital and social media solutions as well as public relations and events; (ii) Havas Media, which is dedicated to delivering comprehensive media experiences, through media planning and buying, fan engagement, retail media and e-commerce, as well as data analytics services to optimize client advertising investments; and (iii) Havas Health, which focuses on healthcare and wellness communications, providing specialized marketing services to pharmaceutical companies.
Founded
2021
HQ

Employees
22.8K
Website
Sectors
Financials (LTM)
EV
$2B
Havas Financials
Havas reported last 12-month revenue of $3B and EBITDA of $544M.
In the same LTM period, Havas generated $544M in EBITDA and $230M in net income.
Revenue (LTM)
Havas P&L
In the most recent fiscal year, Havas reported revenue of $3B and EBITDA of $537M.
Havas 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 | $3B | XXX | XXX | XXX |
| Gross Margin | — | XXX | 94% | XXX | XXX | XXX |
| EBITDA | $544M | XXX | $537M | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| EBIT Margin | 13% | XXX | 12% | XXX | XXX | XXX |
| Net Profit | $230M | XXX | $223M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 6% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Havas Stock Performance
Havas has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
Havas' stock price is $18.91.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | -0.5% | XXX | XXX | XXX | $2.28 |
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Start Free TrialHavas Valuation Multiples
Havas trades at 0.6x EV/Revenue multiple, and 3.6x EV/EBITDA.
EV / Revenue (LTM)
Havas Financial Valuation Multiples
As of April 14, 2026, Havas has market cap of $2B and EV of $2B.
Equity research analysts estimate Havas' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Havas has a P/E ratio of 8.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 0.6x | XXX | 0.6x | XXX | XXX | XXX |
| EV/EBITDA | 3.6x | XXX | 3.6x | XXX | XXX | XXX |
| EV/EBIT | 4.5x | XXX | 4.6x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 0.6x | XXX | XXX | XXX |
| P/E | 8.1x | XXX | 8.3x | XXX | XXX | XXX |
| EV/FCF | 6.0x | XXX | 5.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Havas 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.


Havas Margins & Growth Rates
Havas' revenue in the last 12 month declined by (1%).
Havas' revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Havas' rule of 40 is 16% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Havas' rule of X is 14% (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).
Havas Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (1%) | XXX | (2%) | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| EBITDA Growth | 5% | XXX | 5% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 16% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 14% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 82% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Havas Public Comps
See public comps and valuation multiples for other Advertising & Marketing comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Havas | XXX | XXX | XXX | XXX | XXX | XXX |
| Arabian Contracting Services | XXX | XXX | XXX | XXX | XXX | XXX |
| Hunan TV & Broadcast | XXX | XXX | XXX | XXX | XXX | XXX |
| Stagwell | XXX | XXX | XXX | XXX | XXX | XXX |
| Autohome | XXX | XXX | XXX | XXX | XXX | XXX |
| Guangdong Advertising | 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.
Havas M&A Activity
Havas acquired XXX companies to date.
Last acquisition by Havas was on XXXXXXXX, XXXXX. Havas acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Havas
| 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 TrialHavas Investment Activity
Havas invested in XXX companies to date.
Havas made its latest investment on XXXXXXXX, XXXXX. Havas invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Havas
| 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 Havas
| When was Havas founded? | Havas was founded in 2021. |
| Where is Havas headquartered? | Havas is headquartered in France. |
| How many employees does Havas have? | As of today, Havas has over 22K employees. |
| Who is the CEO of Havas? | Havas' CEO is Yannick Bollore. |
| Is Havas publicly listed? | Yes, Havas is a public company listed on Euronext Amsterdam. |
| What is the stock symbol of Havas? | Havas trades under HAVAS ticker. |
| When did Havas go public? | Havas went public in 2024. |
| Who are competitors of Havas? | Havas main competitors are Arabian Contracting Services, Hunan TV & Broadcast, Stagwell, Autohome. |
| What is the current market cap of Havas? | Havas' current market cap is $2B. |
| What is the current revenue of Havas? | Havas' last 12 months revenue is $3B. |
| What is the current revenue growth of Havas? | Havas revenue growth (NTM/LTM) is (1%). |
| What is the current EV/Revenue multiple of Havas? | Current revenue multiple of Havas is 0.6x. |
| Is Havas profitable? | Yes, Havas is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Havas? | Havas' last 12 months EBITDA is $544M. |
| What is Havas' EBITDA margin? | Havas' last 12 months EBITDA margin is 16%. |
| What is the current EV/EBITDA multiple of Havas? | Current EBITDA multiple of Havas is 3.6x. |
| What is the current FCF of Havas? | Havas' last 12 months FCF is $322M. |
| What is Havas' FCF margin? | Havas' last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of Havas? | Current FCF multiple of Havas is 6.0x. |
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