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Hera Valuation Multiples
Discover revenue and EBITDA valuation multiples for Hera and similar public comparables like HK Electric, Shanghai Electric Power, Adani Total Gas, Capital Power and more.
Hera Overview
About Hera
Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates the waste management (waste management and treatment), water (aqueduct, sewerage, and purification) and energy (distribution and sale of electricity, gas, and energy services) sectors; it also offers services for public lighting and telecommunications. The group operates in Italy, the European Union, and outside the European Union, out of which the majority of revenue is derived from Italy.
Founded
2002
HQ
Employees
10.0K
Website
Sectors
Financials (LTM)
EV
$12B
Hera Financials
Hera reported last 12-month revenue of $15B and EBITDA of $2B.
In the same LTM period, Hera generated $2B in EBITDA and $541M in net income.
Revenue (LTM)
Hera P&L
In the most recent fiscal year, Hera reported revenue of $15B and EBITDA of $2B.
Hera expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $15B | XXX | $15B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $7B | XXX | XXX | XXX |
| Gross Margin | — | XXX | 45% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 12% | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| Net Profit | $541M | XXX | $547M | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 4% | XXX | XXX | XXX |
| Net Debt | — | — | $5B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Hera Stock Performance
Hera has current market cap of $7B, and enterprise value of $12B.
Market Cap Evolution
Hera's stock price is $4.83.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $12B | $7B | 0.0% | XXX | XXX | XXX | $0.37 |
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Start Free TrialHera Valuation Multiples
Hera trades at 0.8x EV/Revenue multiple, and 6.7x EV/EBITDA.
EV / Revenue (LTM)
Hera Financial Valuation Multiples
As of April 20, 2026, Hera has market cap of $7B and EV of $12B.
Equity research analysts estimate Hera's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Hera has a P/E ratio of 13.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $7B | XXX | $7B | XXX | XXX | XXX |
| EV (current) | $12B | XXX | $12B | XXX | XXX | XXX |
| EV/Revenue | 0.8x | XXX | 0.8x | XXX | XXX | XXX |
| EV/EBITDA | 6.7x | XXX | 6.7x | XXX | XXX | XXX |
| EV/EBIT | 12.6x | XXX | 12.4x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 1.7x | XXX | XXX | XXX |
| P/E | 13.2x | XXX | 13.1x | XXX | XXX | XXX |
| EV/FCF | 30.4x | XXX | 25.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Hera 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.
Hera Margins & Growth Rates
Hera's revenue in the last 12 month grew by 3%.
Hera's revenue per employee in the last FY averaged $1.5M, while opex per employee averaged $0.6M for the same period.
Hera's rule of 40 is 12% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Hera's rule of X is 12% (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).
Hera Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | (0%) | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Growth | 4% | XXX | 3% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 12% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 12% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 38% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Hera Public Comps
See public comps and valuation multiples for other Utilities comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Hera | XXX | XXX | XXX | XXX | XXX | XXX |
| HK Electric | XXX | XXX | XXX | XXX | XXX | XXX |
| Shanghai Electric Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Adani Total Gas | XXX | XXX | XXX | XXX | XXX | XXX |
| Capital Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Guangdong Investment | 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.
Hera M&A Activity
Hera acquired XXX companies to date.
Last acquisition by Hera was on XXXXXXXX, XXXXX. Hera acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Hera
| 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 TrialHera Investment Activity
Hera invested in XXX companies to date.
Hera made its latest investment on XXXXXXXX, XXXXX. Hera invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Hera
| 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 Hera
| When was Hera founded? | Hera was founded in 2002. |
| Where is Hera headquartered? | Hera is headquartered in Italy. |
| How many employees does Hera have? | As of today, Hera has over 10K employees. |
| Who is the CEO of Hera? | Hera's CEO is Orazio Iacono. |
| Is Hera publicly listed? | Yes, Hera is a public company listed on Borsa Italiana. |
| What is the stock symbol of Hera? | Hera trades under HER ticker. |
| When did Hera go public? | Hera went public in 2003. |
| Who are competitors of Hera? | Hera main competitors are HK Electric, Shanghai Electric Power, Adani Total Gas, Capital Power. |
| What is the current market cap of Hera? | Hera's current market cap is $7B. |
| What is the current revenue of Hera? | Hera's last 12 months revenue is $15B. |
| What is the current revenue growth of Hera? | Hera revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Hera? | Current revenue multiple of Hera is 0.8x. |
| Is Hera profitable? | Yes, Hera is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Hera? | Hera's last 12 months EBITDA is $2B. |
| What is Hera's EBITDA margin? | Hera's last 12 months EBITDA margin is 12%. |
| What is the current EV/EBITDA multiple of Hera? | Current EBITDA multiple of Hera is 6.7x. |
| What is the current FCF of Hera? | Hera's last 12 months FCF is $392M. |
| What is Hera's FCF margin? | Hera's last 12 months FCF margin is 3%. |
| What is the current EV/FCF multiple of Hera? | Current FCF multiple of Hera is 30.4x. |
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