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Heartland Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Heartland Group and similar public comparables like Grenke, World Acceptance, International Personal, Velocity Financial and more.
Heartland Group Overview
About Heartland Group
Heartland Group Holdings Ltd is engaged in the operation of the reverse mortgage. Geographically it operates in both New Zealand and Australia. It offers business loans, rural loans, home loans, car loans , personal lending services and others. Further, it is also involved in saving and deposits activity and also provides internet banking services.
Founded
2018
HQ

Employees
612
Website
Financials (LTM)
EV
$1B
Heartland Group Financials
Heartland Group reported last 12-month revenue of $198M and EBITDA of $36M.
In the same LTM period, Heartland Group generated $36M in EBITDA and $45M in net income.
Revenue (LTM)
Heartland Group P&L
In the most recent fiscal year, Heartland Group reported revenue of $187M and EBITDA of $36M.
Heartland Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $198M | XXX | $187M | XXX | XXX | XXX |
| EBITDA | $36M | XXX | $36M | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 19% | XXX | XXX | XXX |
| EBIT Margin | 37% | XXX | 45% | XXX | XXX | XXX |
| Net Profit | $45M | XXX | $23M | XXX | XXX | XXX |
| Net Margin | 23% | XXX | 12% | XXX | XXX | XXX |
| Net Debt | — | — | $118M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Heartland Group Stock Performance
Heartland Group has current market cap of $692M, and enterprise value of $1B.
Market Cap Evolution
Heartland Group's stock price is $0.67.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $692M | -7.7% | XXX | XXX | XXX | $0.02 |
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Start Free TrialHeartland Group Valuation Multiples
Heartland Group trades at 5.1x EV/Revenue multiple, and 28.7x EV/EBITDA.
EV / Revenue (LTM)
Heartland Group Financial Valuation Multiples
As of April 8, 2026, Heartland Group has market cap of $692M and EV of $1B.
Equity research analysts estimate Heartland Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Heartland Group has a P/E ratio of 15.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $692M | XXX | $692M | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 5.1x | XXX | 5.4x | XXX | XXX | XXX |
| EV/EBITDA | 28.7x | XXX | 28.7x | XXX | XXX | XXX |
| EV/EBIT | 14.0x | XXX | 12.0x | XXX | XXX | XXX |
| P/E | 15.4x | XXX | 30.2x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 2.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Heartland Group 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.


Heartland Group Margins & Growth Rates
Heartland Group's revenue in the last 12 month grew by 7%.
Heartland Group's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
Heartland Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 7% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Margin | 18% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 0% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 56% | XXX | 60% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | 54% | XXX | 57% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Heartland Group Public Comps
See public comps and valuation multiples for other Specialty Finance and Consumer Finance comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Grenke | XXX | XXX | XXX | XXX | XXX | XXX |
| World Acceptance | XXX | XXX | XXX | XXX | XXX | XXX |
| International Personal | XXX | XXX | XXX | XXX | XXX | XXX |
| Velocity Financial | XXX | XXX | XXX | XXX | XXX | XXX |
| PRA Group | 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.
Heartland Group M&A Activity
Heartland Group acquired XXX companies to date.
Last acquisition by Heartland Group was on XXXXXXXX, XXXXX. Heartland Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Heartland Group
| 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 TrialHeartland Group Investment Activity
Heartland Group invested in XXX companies to date.
Heartland Group made its latest investment on XXXXXXXX, XXXXX. Heartland Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Heartland Group
| 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 Heartland Group
| When was Heartland Group founded? | Heartland Group was founded in 2018. |
| Where is Heartland Group headquartered? | Heartland Group is headquartered in New Zealand. |
| How many employees does Heartland Group have? | As of today, Heartland Group has over 612 employees. |
| Is Heartland Group publicly listed? | Yes, Heartland Group is a public company listed on New Zealand Exchange. |
| What is the stock symbol of Heartland Group? | Heartland Group trades under HGH ticker. |
| When did Heartland Group go public? | Heartland Group went public in 2018. |
| Who are competitors of Heartland Group? | Heartland Group main competitors are Grenke, World Acceptance, International Personal, Velocity Financial. |
| What is the current market cap of Heartland Group? | Heartland Group's current market cap is $692M. |
| What is the current revenue of Heartland Group? | Heartland Group's last 12 months revenue is $198M. |
| What is the current revenue growth of Heartland Group? | Heartland Group revenue growth (NTM/LTM) is 7%. |
| What is the current EV/Revenue multiple of Heartland Group? | Current revenue multiple of Heartland Group is 5.1x. |
| Is Heartland Group profitable? | Yes, Heartland Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Heartland Group? | Heartland Group's last 12 months EBITDA is $36M. |
| What is Heartland Group's EBITDA margin? | Heartland Group's last 12 months EBITDA margin is 18%. |
| What is the current EV/EBITDA multiple of Heartland Group? | Current EBITDA multiple of Heartland Group is 28.7x. |
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