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HydrogenPro Valuation Multiples
Discover revenue and EBITDA valuation multiples for HydrogenPro and similar public comparables like Impact Coatings, Singulus Technologies, Marzocchi Pompe, Orege and more.
HydrogenPro Overview
About HydrogenPro
HydrogenPro ASA is engaged in the designing and supplying of customized hydrogen plants. The core product of the company is the Alkaline high-pressure electrolysers. The company's geographical markets include Norway, Europe, America which generates key revenue, and Asia Pacific.
Founded
2003
HQ

Employees
151
Website
Sectors
Financials (LTM)
EV
$5M
HydrogenPro Financials
HydrogenPro reported last 12-month revenue of $9M and negative EBITDA of ($19M).
In the same LTM period, HydrogenPro generated $3M in gross profit, ($19M) in EBITDA losses, and had net loss of ($24M).
Revenue (LTM)
HydrogenPro P&L
In the most recent fiscal year, HydrogenPro reported revenue of $9M and EBITDA of ($20M).
HydrogenPro expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $9M | XXX | $9M | XXX | XXX | XXX |
| Gross Profit | $3M | XXX | $2M | XXX | XXX | XXX |
| Gross Margin | 32% | XXX | 27% | XXX | XXX | XXX |
| EBITDA | ($19M) | XXX | ($20M) | XXX | XXX | XXX |
| EBITDA Margin | (214%) | XXX | (230%) | XXX | XXX | XXX |
| EBIT Margin | (241%) | XXX | (251%) | XXX | XXX | XXX |
| Net Profit | ($24M) | XXX | ($25M) | XXX | XXX | XXX |
| Net Margin | (263%) | XXX | (279%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
HydrogenPro Stock Performance
HydrogenPro has current market cap of $16M, and enterprise value of $5M.
Market Cap Evolution
HydrogenPro's stock price is $0.17.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5M | $16M | 0.0% | XXX | XXX | XXX | $-0.26 |
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Start Free TrialHydrogenPro Valuation Multiples
HydrogenPro trades at 0.6x EV/Revenue multiple, and (0.3x) EV/EBITDA.
EV / Revenue (LTM)
HydrogenPro Financial Valuation Multiples
As of March 17, 2026, HydrogenPro has market cap of $16M and EV of $5M.
Equity research analysts estimate HydrogenPro's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
HydrogenPro has a P/E ratio of (0.7x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $16M | XXX | $16M | XXX | XXX | XXX |
| EV (current) | $5M | XXX | $5M | XXX | XXX | XXX |
| EV/Revenue | 0.6x | XXX | 0.6x | XXX | XXX | XXX |
| EV/EBITDA | (0.3x) | XXX | (0.2x) | XXX | XXX | XXX |
| EV/EBIT | (0.2x) | XXX | (0.2x) | XXX | XXX | XXX |
| EV/Gross Profit | 1.8x | XXX | 2.1x | XXX | XXX | XXX |
| P/E | (0.7x) | XXX | (0.7x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (0.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified HydrogenPro 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.


HydrogenPro Margins & Growth Rates
HydrogenPro's revenue in the last 12 month grew by 59%.
HydrogenPro's revenue per employee in the last FY averaged $0.1M.
HydrogenPro's rule of 40 is (155%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
HydrogenPro's rule of X is (66%) (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).
HydrogenPro Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 59% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | (214%) | XXX | (230%) | XXX | XXX | XXX |
| EBITDA Growth | (30%) | XXX | (23%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | (155%) | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (66%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 277% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
HydrogenPro Public Comps
See public comps and valuation multiples for other Machinery comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Impact Coatings | XXX | XXX | XXX | XXX | XXX | XXX |
| Singulus Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Marzocchi Pompe | XXX | XXX | XXX | XXX | XXX | XXX |
| Orege | XXX | XXX | XXX | XXX | XXX | XXX |
| East West Agro | 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.
HydrogenPro M&A Activity
HydrogenPro acquired XXX companies to date.
Last acquisition by HydrogenPro was on XXXXXXXX, XXXXX. HydrogenPro acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by HydrogenPro
| 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 TrialHydrogenPro Investment Activity
HydrogenPro invested in XXX companies to date.
HydrogenPro made its latest investment on XXXXXXXX, XXXXX. HydrogenPro invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by HydrogenPro
| 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 HydrogenPro
| When was HydrogenPro founded? | HydrogenPro was founded in 2003. |
| Where is HydrogenPro headquartered? | HydrogenPro is headquartered in Norway. |
| How many employees does HydrogenPro have? | As of today, HydrogenPro has over 151 employees. |
| Is HydrogenPro publicly listed? | Yes, HydrogenPro is a public company listed on Oslo Børs. |
| What is the stock symbol of HydrogenPro? | HydrogenPro trades under HYPRO ticker. |
| When did HydrogenPro go public? | HydrogenPro went public in 2020. |
| Who are competitors of HydrogenPro? | HydrogenPro main competitors are Impact Coatings, Singulus Technologies, Marzocchi Pompe, Orege. |
| What is the current market cap of HydrogenPro? | HydrogenPro's current market cap is $16M. |
| What is the current revenue of HydrogenPro? | HydrogenPro's last 12 months revenue is $9M. |
| What is the current revenue growth of HydrogenPro? | HydrogenPro revenue growth (NTM/LTM) is 59%. |
| What is the current EV/Revenue multiple of HydrogenPro? | Current revenue multiple of HydrogenPro is 0.6x. |
| Is HydrogenPro profitable? | No, HydrogenPro is not profitable. |
| What is the current EBITDA of HydrogenPro? | HydrogenPro has negative EBITDA and is not profitable. |
| What is HydrogenPro's EBITDA margin? | HydrogenPro's last 12 months EBITDA margin is (214%). |
| What is the current EV/EBITDA multiple of HydrogenPro? | Current EBITDA multiple of HydrogenPro is (0.3x). |
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