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Hensoldt Valuation Multiples
Discover revenue and EBITDA valuation multiples for Hensoldt and similar public comparables like Fuji Electric Co., Karman Space & Defense, ACM Research (Shanghai), FormFactor and more.
Hensoldt Overview
About Hensoldt
Hensoldt, founded in 2017 and headquartered in Taufkirchen, Germany, completed its initial public offering on Sept. 25, 2020, on Deutsche BΓΆrse AG. The company specializes in defense and security electronics, operating across two main segments: sensors and optronics, with the majority of its revenue generated by the sensors division. Hensoldt has deep roots and its strongest market presence in Germany, but it also maintains production sites in France, the United Kingdom, and South Africa. Its sales footprint extends across Europe, the Middle East, Asia-Pacific, North America, Africa, Latin America, and other regions.
Founded
1892
HQ

Employees
8.4K
Website
Financials (LTM)
EV
$12B
Hensoldt Financials
Hensoldt reported last 12-month revenue of $3B and EBITDA of $558M.
In the same LTM period, Hensoldt generated $669M in gross profit, $558M in EBITDA, and $133M in net income.
Revenue (LTM)
Hensoldt P&L
In the most recent fiscal year, Hensoldt reported revenue of $3B and EBITDA of $447M.
Hensoldt 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 | $669M | XXX | $600M | XXX | XXX | XXX |
| Gross Margin | 22% | XXX | 23% | XXX | XXX | XXX |
| EBITDA | $558M | XXX | $447M | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 17% | XXX | XXX | XXX |
| EBIT Margin | 13% | XXX | 8% | XXX | XXX | XXX |
| Net Profit | $133M | XXX | $127M | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 5% | XXX | XXX | XXX |
| Net Debt | β | β | $425M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Hensoldt Stock Performance
Hensoldt has current market cap of $11B, and enterprise value of $12B.
Market Cap Evolution
Hensoldt's stock price is $95.18.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $12B | $11B | -0.4% | XXX | XXX | XXX | $1.10 |
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Start Free TrialHensoldt Valuation Multiples
Hensoldt trades at 4.1x EV/Revenue multiple, and 21.9x EV/EBITDA.
EV / Revenue (LTM)
Hensoldt Financial Valuation Multiples
As of April 18, 2026, Hensoldt has market cap of $11B and EV of $12B.
Equity research analysts estimate Hensoldt's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Hensoldt has a P/E ratio of 82.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $11B | XXX | $11B | XXX | XXX | XXX |
| EV (current) | $12B | XXX | $12B | XXX | XXX | XXX |
| EV/Revenue | 4.1x | XXX | 4.6x | XXX | XXX | XXX |
| EV/EBITDA | 21.9x | XXX | 27.4x | XXX | XXX | XXX |
| EV/EBIT | 31.1x | XXX | 56.2x | XXX | XXX | XXX |
| EV/Gross Profit | 18.3x | XXX | 20.4x | XXX | XXX | XXX |
| P/E | 82.9x | XXX | 86.4x | XXX | XXX | XXX |
| EV/FCF | 45.3x | XXX | 92.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Hensoldt 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.


Hensoldt Margins & Growth Rates
Hensoldt's revenue in the last 12 month grew by 14%.
Hensoldt's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.0M for the same period.
Hensoldt's rule of 40 is 31% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Hensoldt's rule of X is 50% (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).
Hensoldt Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 14% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Growth | 17% | XXX | 19% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 31% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 50% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 6% | XXX | 6% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 6% | XXX | 7% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 2% | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 14% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Hensoldt Public Comps
See public comps and valuation multiples for other Defense Systems and Computer Hardware comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Hensoldt | XXX | XXX | XXX | XXX | XXX | XXX |
| Fuji Electric Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| Karman Space & Defense | XXX | XXX | XXX | XXX | XXX | XXX |
| ACM Research (Shanghai) | XXX | XXX | XXX | XXX | XXX | XXX |
| FormFactor | XXX | XXX | XXX | XXX | XXX | XXX |
| Indra Sistemas | 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.
Hensoldt M&A Activity
Hensoldt acquired XXX companies to date.
Last acquisition by Hensoldt was on XXXXXXXX, XXXXX. Hensoldt acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Hensoldt
| 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 TrialHensoldt Investment Activity
Hensoldt invested in XXX companies to date.
Hensoldt made its latest investment on XXXXXXXX, XXXXX. Hensoldt invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Hensoldt
| 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 Hensoldt
| When was Hensoldt founded? | Hensoldt was founded in 1892. |
| Where is Hensoldt headquartered? | Hensoldt is headquartered in Germany. |
| How many employees does Hensoldt have? | As of today, Hensoldt has over 8K employees. |
| Is Hensoldt publicly listed? | Yes, Hensoldt is a public company listed on Frankfurt Stock Exchange. |
| What is the stock symbol of Hensoldt? | Hensoldt trades under HAG ticker. |
| When did Hensoldt go public? | Hensoldt went public in 2020. |
| Who are competitors of Hensoldt? | Hensoldt main competitors are Fuji Electric Co., Karman Space & Defense, ACM Research (Shanghai), FormFactor. |
| What is the current market cap of Hensoldt? | Hensoldt's current market cap is $11B. |
| What is the current revenue of Hensoldt? | Hensoldt's last 12 months revenue is $3B. |
| What is the current revenue growth of Hensoldt? | Hensoldt revenue growth (NTM/LTM) is 14%. |
| What is the current EV/Revenue multiple of Hensoldt? | Current revenue multiple of Hensoldt is 4.1x. |
| Is Hensoldt profitable? | Yes, Hensoldt is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Hensoldt? | Hensoldt's last 12 months EBITDA is $558M. |
| What is Hensoldt's EBITDA margin? | Hensoldt's last 12 months EBITDA margin is 19%. |
| What is the current EV/EBITDA multiple of Hensoldt? | Current EBITDA multiple of Hensoldt is 21.9x. |
| What is the current FCF of Hensoldt? | Hensoldt's last 12 months FCF is $270M. |
| What is Hensoldt's FCF margin? | Hensoldt's last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of Hensoldt? | Current FCF multiple of Hensoldt is 45.3x. |
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