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Inovance Valuation Multiples
Discover revenue and EBITDA valuation multiples for Inovance and similar public comparables like HD Hyundai Electric, Samsung SDI, Wus Printed Circuit, Sieyuan Electric and more.
Inovance Overview
About Inovance
Inovance is a leading Chinese industrial automation and new energy parts supplier. It offers a wide array of industry automation products such as variable frequency drives, servo systems, program logic controllers, and industrial robots. It also supplies electric drive and power supply systems for new energy vehicles. Inovance generates more than 90% of its revenue from China.
Founded
2003
HQ
Employees
24.4K
Website
Financials (LTM)
EV
$25B
Inovance Financials
Inovance reported last 12-month revenue of $7B and EBITDA of $963M.
In the same LTM period, Inovance generated $2B in gross profit, $963M in EBITDA, and $833M in net income.
Revenue (LTM)
Inovance P&L
In the most recent fiscal year, Inovance reported revenue of $5B and EBITDA of $811M.
Inovance expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $7B | XXX | $5B | XXX | XXX | XXX |
| Gross Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 29% | XXX | 29% | XXX | XXX | XXX |
| EBITDA | $963M | XXX | $811M | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 15% | XXX | XXX | XXX |
| EBIT Margin | 12% | XXX | 13% | XXX | XXX | XXX |
| Net Profit | $833M | XXX | $628M | XXX | XXX | XXX |
| Net Margin | 12% | XXX | 12% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Inovance Stock Performance
Inovance has current market cap of $26B, and enterprise value of $25B.
Market Cap Evolution
Inovance's stock price is $9.63.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $25B | $26B | 0.0% | XXX | XXX | XXX | $0.23 |
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Start Free TrialInovance Valuation Multiples
Inovance trades at 3.6x EV/Revenue multiple, and 26.3x EV/EBITDA.
EV / Revenue (LTM)
Inovance Financial Valuation Multiples
As of April 20, 2026, Inovance has market cap of $26B and EV of $25B.
Equity research analysts estimate Inovance's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Inovance has a P/E ratio of 31.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $26B | XXX | $26B | XXX | XXX | XXX |
| EV (current) | $25B | XXX | $25B | XXX | XXX | XXX |
| EV/Revenue | 3.6x | XXX | 4.7x | XXX | XXX | XXX |
| EV/EBITDA | 26.3x | XXX | 31.3x | XXX | XXX | XXX |
| EV/EBIT | 31.3x | XXX | 35.1x | XXX | XXX | XXX |
| EV/Gross Profit | 12.4x | XXX | 16.3x | XXX | XXX | XXX |
| P/E | 31.3x | XXX | 41.5x | XXX | XXX | XXX |
| EV/FCF | 39.9x | XXX | 34.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Inovance 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.
Inovance Margins & Growth Rates
Inovance's revenue in the last 12 month grew by 18%.
Inovance's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.
Inovance's rule of 40 is 33% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Inovance's rule of X is 62% (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).
Inovance Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 18% | XXX | 23% | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 15% | XXX | XXX | XXX |
| EBITDA Growth | 20% | XXX | 12% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 33% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 62% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 3% | XXX | 4% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 4% | XXX | 4% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 9% | XXX | 8% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 15% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Inovance Public Comps
See public comps and valuation multiples for other Automation & Robotics and Electrical Parts & Equipment comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Inovance | XXX | XXX | XXX | XXX | XXX | XXX |
| HD Hyundai Electric | XXX | XXX | XXX | XXX | XXX | XXX |
| Samsung SDI | XXX | XXX | XXX | XXX | XXX | XXX |
| Wus Printed Circuit | XXX | XXX | XXX | XXX | XXX | XXX |
| Sieyuan Electric | XXX | XXX | XXX | XXX | XXX | XXX |
| SMC | 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.
Inovance M&A Activity
Inovance acquired XXX companies to date.
Last acquisition by Inovance was on XXXXXXXX, XXXXX. Inovance acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Inovance
| 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 TrialInovance Investment Activity
Inovance invested in XXX companies to date.
Inovance made its latest investment on XXXXXXXX, XXXXX. Inovance invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Inovance
| 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 Inovance
| When was Inovance founded? | Inovance was founded in 2003. |
| Where is Inovance headquartered? | Inovance is headquartered in China. |
| How many employees does Inovance have? | As of today, Inovance has over 24K employees. |
| Is Inovance publicly listed? | Yes, Inovance is a public company listed on Shenzhen Stock Exchange. |
| What is the stock symbol of Inovance? | Inovance trades under 300124 ticker. |
| When did Inovance go public? | Inovance went public in 2010. |
| Who are competitors of Inovance? | Inovance main competitors are HD Hyundai Electric, Samsung SDI, Wus Printed Circuit, Sieyuan Electric. |
| What is the current market cap of Inovance? | Inovance's current market cap is $26B. |
| What is the current revenue of Inovance? | Inovance's last 12 months revenue is $7B. |
| What is the current revenue growth of Inovance? | Inovance revenue growth (NTM/LTM) is 18%. |
| What is the current EV/Revenue multiple of Inovance? | Current revenue multiple of Inovance is 3.6x. |
| Is Inovance profitable? | Yes, Inovance is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Inovance? | Inovance's last 12 months EBITDA is $963M. |
| What is Inovance's EBITDA margin? | Inovance's last 12 months EBITDA margin is 14%. |
| What is the current EV/EBITDA multiple of Inovance? | Current EBITDA multiple of Inovance is 26.3x. |
| What is the current FCF of Inovance? | Inovance's last 12 months FCF is $635M. |
| What is Inovance's FCF margin? | Inovance's last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of Inovance? | Current FCF multiple of Inovance is 39.9x. |
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