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IBEX Valuation Multiples
Discover revenue and EBITDA valuation multiples for IBEX and similar public comparables like Alight, Quadient, Quess Corp, Capita and more.
IBEX Overview
About IBEX
IBEX Ltd delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage, and retain valuable customers. It is an end-to-end provider of technology-enabled customer lifecycle experience (CLX) solutions to optimize customer acquisition, engagement, expansion, and experience for its clients. IBEX operates through the Business process outsourcing segment. Its services cover three areas: Digital and omni-channel Customer Experience (ibex Connect), Digital Marketing and E-Commerce (ibex Digital) and Digital CX surveys and analytics (ibex CX). It caters to a broad range of industries, such as telecommunications, cable, financial services, and healthcare.
Founded
2017
HQ

Employees
33.0K
Website
Sectors
Financials (LTM)
EV
$447M
IBEX Financials
IBEX reported last 12-month revenue of $611M and EBITDA of $77M.
In the same LTM period, IBEX generated $185M in gross profit, $77M in EBITDA, and $45M in net income.
Revenue (LTM)
IBEX P&L
In the most recent fiscal year, IBEX reported revenue of $558M and EBITDA of $72M.
IBEX expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $611M | XXX | $558M | XXX | XXX | XXX |
| Gross Profit | $185M | XXX | $173M | XXX | XXX | XXX |
| Gross Margin | 30% | XXX | 31% | XXX | XXX | XXX |
| EBITDA | $77M | XXX | $72M | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 13% | XXX | XXX | XXX |
| EBIT Margin | 10% | XXX | 9% | XXX | XXX | XXX |
| Net Profit | $45M | XXX | $37M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 7% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
IBEX Stock Performance
IBEX has current market cap of $398M, and enterprise value of $447M.
Market Cap Evolution
IBEX's stock price is $29.70.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $447M | $398M | 0.7% | XXX | XXX | XXX | $2.75 |
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Start Free TrialIBEX Valuation Multiples
IBEX trades at 0.7x EV/Revenue multiple, and 5.8x EV/EBITDA.
EV / Revenue (LTM)
IBEX Financial Valuation Multiples
As of April 18, 2026, IBEX has market cap of $398M and EV of $447M.
Equity research analysts estimate IBEX's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
IBEX has a P/E ratio of 8.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $398M | XXX | $398M | XXX | XXX | XXX |
| EV (current) | $447M | XXX | $447M | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | 0.8x | XXX | XXX | XXX |
| EV/EBITDA | 5.8x | XXX | 6.2x | XXX | XXX | XXX |
| EV/EBIT | 7.7x | XXX | 8.8x | XXX | XXX | XXX |
| EV/Gross Profit | 2.4x | XXX | 2.6x | XXX | XXX | XXX |
| P/E | 8.9x | XXX | 10.8x | XXX | XXX | XXX |
| EV/FCF | 12.8x | XXX | 15.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified IBEX 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.


IBEX Margins & Growth Rates
IBEX's revenue in the last 12 month grew by 7%.
IBEX's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.0M for the same period.
IBEX's rule of 40 is 21% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
IBEX's rule of X is 34% (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).
IBEX Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 7% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | 9% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 21% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 34% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 23% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
IBEX Public Comps
See public comps and valuation multiples for other BPO Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| IBEX | XXX | XXX | XXX | XXX | XXX | XXX |
| Alight | XXX | XXX | XXX | XXX | XXX | XXX |
| Quadient | XXX | XXX | XXX | XXX | XXX | XXX |
| Quess Corp | XXX | XXX | XXX | XXX | XXX | XXX |
| Capita | XXX | XXX | XXX | XXX | XXX | XXX |
| NIIT Learning Systems | 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.
IBEX M&A Activity
IBEX acquired XXX companies to date.
Last acquisition by IBEX was on XXXXXXXX, XXXXX. IBEX acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by IBEX
| 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 |
Get Verified M&A Valuation Multiples
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Start Free TrialIBEX Investment Activity
IBEX invested in XXX companies to date.
IBEX made its latest investment on XXXXXXXX, XXXXX. IBEX invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by IBEX
| 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 IBEX
| When was IBEX founded? | IBEX was founded in 2017. |
| Where is IBEX headquartered? | IBEX is headquartered in United States. |
| How many employees does IBEX have? | As of today, IBEX has over 33K employees. |
| Who is the CEO of IBEX? | IBEX's CEO is Robert Dechant. |
| Is IBEX publicly listed? | Yes, IBEX is a public company listed on Nasdaq. |
| What is the stock symbol of IBEX? | IBEX trades under IBEX ticker. |
| When did IBEX go public? | IBEX went public in 2020. |
| Who are competitors of IBEX? | IBEX main competitors are Alight, Quadient, Quess Corp, Capita. |
| What is the current market cap of IBEX? | IBEX's current market cap is $398M. |
| What is the current revenue of IBEX? | IBEX's last 12 months revenue is $611M. |
| What is the current revenue growth of IBEX? | IBEX revenue growth (NTM/LTM) is 7%. |
| What is the current EV/Revenue multiple of IBEX? | Current revenue multiple of IBEX is 0.7x. |
| Is IBEX profitable? | Yes, IBEX is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of IBEX? | IBEX's last 12 months EBITDA is $77M. |
| What is IBEX's EBITDA margin? | IBEX's last 12 months EBITDA margin is 13%. |
| What is the current EV/EBITDA multiple of IBEX? | Current EBITDA multiple of IBEX is 5.8x. |
| What is the current FCF of IBEX? | IBEX's last 12 months FCF is $35M. |
| What is IBEX's FCF margin? | IBEX's last 12 months FCF margin is 6%. |
| What is the current EV/FCF multiple of IBEX? | Current FCF multiple of IBEX is 12.8x. |
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