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Hesai Group is engaged in the development, manufacture, and sales of three dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. The Group organized its operations into two segments: the LiDAR segment and the gas detection segment, out of which LiDAR segments derives maximum revenue. Geographically, the company operates into North America, Mainland China, Europe and Other regions.
2021
1.1K+
LTM Revenue $46.8M
LTM EBITDA $0.1M
$1.4B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Hesai Technology has a last 12-month revenue of $46.8M and a last 12-month EBITDA of $0.1M.
In the most recent fiscal year, Hesai Technology achieved revenue of $2.1B and an EBITDA of $43.4M.
Hesai Technology expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Hesai Technology valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.1B | XXX | XXX | XXX |
| Gross Profit | $472M | $661M | XXX | XXX | XXX |
| Gross Margin | 25% | 32% | XXX | XXX | XXX |
| EBITDA | -$386M | $43.4M | XXX | XXX | XXX |
| EBITDA Margin | -21% | 2% | XXX | XXX | XXX |
| Net Profit | -$301M | -$476M | XXX | XXX | XXX |
| Net Margin | -16% | -23% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Hesai Technology's stock price is $13.
Hesai Technology has current market cap of $1.7B, and EV of $1.4B.
See Hesai Technology trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1.4B | $1.7B | XXX | XXX | XXX | XXX | $0.01 |
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Sign UpAs of April 15, 2025, Hesai Technology has market cap of $1.7B and EV of $1.4B.
Hesai Technology's trades at 4.0x LTM EV/Revenue multiple, and 2386.9x LTM EBITDA.
Analysts estimate Hesai Technology's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Hesai Technology and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $1.4B | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 31.7x | XXX | XXX | XXX |
| P/E | -16.7x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -6.6x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpHesai Technology's NTM/LTM revenue growth is 55%
Hesai Technology's revenue per employee for the last fiscal year averaged $1.8M, while opex per employee averaged $1.0M for the same period.
Over next 12 months, Hesai Technology's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Hesai Technology's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Hesai Technology and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 2% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -111% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 57% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $1.8M | XXX | XXX | XXX | XXX |
| Opex per Employee | $1.0M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 9% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 15% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 41% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 52% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| Kendrion | XXX | XXX | XXX | XXX | XXX | XXX |
| HGears | XXX | XXX | XXX | XXX | XXX | XXX |
| Thai Auto Tools and Die | XXX | XXX | XXX | XXX | XXX | XXX |
| Bosh India | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Hesai Technology acquired XXX companies to date.
Last acquisition by Hesai Technology was XXXXXXXX, XXXXX XXXXX XXXXXX . Hesai Technology acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Hesai Technology founded? | Hesai Technology was founded in 2021. |
| Where is Hesai Technology headquartered? | Hesai Technology is headquartered in United States of America. |
| How many employees does Hesai Technology have? | As of today, Hesai Technology has 1.1K+ employees. |
| Who is the CEO of Hesai Technology? | Hesai Technology's CEO is Dr. Yifan Li. |
| Is Hesai Technology publicy listed? | Yes, Hesai Technology is a public company listed on NAS. |
| What is the stock symbol of Hesai Technology? | Hesai Technology trades under HSAI ticker. |
| When did Hesai Technology go public? | Hesai Technology went public in 2023. |
| Who are competitors of Hesai Technology? | Similar companies to Hesai Technology include e.g. , Kendrion, HGears, Thai Auto Tools and Die. |
| What is the current market cap of Hesai Technology? | Hesai Technology's current market cap is $1.7B |
| What is the current revenue of Hesai Technology? | Hesai Technology's last 12-month revenue is $46.8M. |
| What is the current EBITDA of Hesai Technology? | Hesai Technology's last 12-month EBITDA is $0.1M. |
| What is the current EV/Revenue multiple of Hesai Technology? | Current revenue multiple of Hesai Technology is 4.0x. |
| What is the current EV/EBITDA multiple of Hesai Technology? | Current EBITDA multiple of Hesai Technology is 2386.9x. |
| What is the current revenue growth of Hesai Technology? | Hesai Technology revenue growth between 2023 and 2024 was 11%. |
| Is Hesai Technology profitable? | Yes, Hesai Technology is EBITDA-positive (as of the last 12 months). |
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