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Kingfish Valuation Multiples

Discover revenue and EBITDA valuation multiples for Kingfish and similar public comparables like Farm Innovations, Desert Control, Asia Seed Co, Zarneni Hrani and more.

Kingfish Overview

About Kingfish

The Kingfish Co NV is involved in seafood production, utilizing land-based recirculating aquaculture system technology. It produces Yellowtail Kingfish which is their main source of revenue, a versatile seafood species with an active vertically integrated operation in the Netherlands. The company engages in the production and supply of sustainable, safe, and high-quality seafood in its target markets. Its geographic markets are Geographical markets in Western Europe, Southern Europe, and the Rest of the World.


Founded

2015

HQ

Netherlands

Employees

134

Financials (FY)

Revenue: $32M
EBITDA: ($8M)

EV

$139M

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Kingfish Financials

Kingfish reported last fiscal year revenue of $32M and negative EBITDA of ($8M).

In the same fiscal year, Kingfish generated $12M in gross profit, ($8M) in EBITDA losses, and had net loss of ($36M).

Revenue (LTM)


Kingfish P&L

In the most recent fiscal year, Kingfish reported revenue of $32M and EBITDA of ($8M).

Kingfish is unprofitable as of last fiscal year, with gross margin of 38%, EBITDA margin of (26%), and net margin of (111%).

See analyst estimates for Kingfish
Last FY20232024202620272028
Revenue$32M$25M$32M
Gross Profit$12M$20M$12M
Gross Margin38%79%38%
EBITDA($8M)$259K($8M)
EBITDA Margin(26%)1%(26%)
EBIT Margin(80%)(21%)(80%)
Net Profit($36M)($12M)($36M)
Net Margin(111%)(45%)(111%)
Net Debt$124M--

Financial data powered by Morningstar, Inc.

Kingfish Stock Performance

Kingfish has current market cap of $14M, and enterprise value of $139M.

Market Cap Evolution


Kingfish's stock price is $0.10.

Kingfish share price increased by 5.5% in the last 30 days, and decreased by 83.7% in the last year.

Kingfish has an EPS (earnings per share) of $-0.25.

See more trading valuation data for Kingfish
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$139M$14M5.4%5.5%-56.3%-83.7%$-0.25

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Kingfish Valuation Multiples

Kingfish trades at 4.3x EV/Revenue multiple, and (16.7x) EV/EBITDA.

See NTM and 2027E valuation multiples for Kingfish

EV / Revenue (LTM)


Kingfish Financial Valuation Multiples

As of June 4, 2026, Kingfish has market cap of $14M and EV of $139M.

Kingfish has a P/E ratio of (0.4x).

Last FY20232024202620272028
EV/Revenue4.3x5.4x4.3x
EV/EBITDA(16.7x)n/m(16.7x)
EV/EBIT(5.3x)(25.9x)(5.3x)
EV/Gross Profit11.4x6.9x11.4x
P/E(0.4x)(1.2x)(0.4x)
EV/FCF(8.4x)(4.0x)(8.4x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Kingfish 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.

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Kingfish Margins & Growth Rates

In the most recent fiscal year, Kingfish reported gross margin of 38%, EBITDA margin of (26%), and net margin of (111%).

See estimated margins and future growth rates for Kingfish

Kingfish Margins

Last FY2024202720282029
Gross Margin38%38%
EBITDA Margin(26%)(26%)
EBIT Margin(80%)(80%)
Net Margin(111%)(111%)
FCF Margin(52%)(52%)

Kingfish Growth Rates

23/2426/2727/2828/29
Revenue Growth26%
Gross Profit Growth(40%)
EBITDA Growth(3298%)
EBIT Growth385%
Net Profit Growth209%
FCF Growth(53%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Kingfish Operational KPIs

Kingfish's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.3M for the same period.

Access forward-looking KPIs for Kingfish
Last FY20232024202620272028
Revenue per Employee$0.2M--
Opex per Employee$0.3M--
Opex to Revenue118%100%118%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Kingfish Competitors

Kingfish competitors include Farm Innovations, Desert Control, Asia Seed Co, Zarneni Hrani, AgroGeneration, Tonkens Agrar, Agripower France, Inversiones Equipos y Servicios, KKO International and Agroliga Group.

Most Kingfish public comparables operate across Agriculture.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Farm Innovations54.0x-165.8x-
Desert Control50.3x-(1.7x)-
Asia Seed Co1.1x-10.8x-
Zarneni Hrani0.3x-1.7x-
AgroGeneration2.9x-3.3x-
Tonkens Agrar1.5x-9.7x-
Agripower France3.5x-(5.2x)-
Inversiones Equipos y Servicios----

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Kingfish VC Funding History

Before going public, Kingfish raised $60M in total equity funding, across 1 round.


Kingfish Funding Rounds

DateStageRaised FromRaisedValuationRev. MultipleDeal Summary
Nov-20Undisclosed stageCibus Fund; Creadev; Rabo Corporate Investments$60M-The Kingfish Company, a producer of land-based farmed Yellowtail kingfish, completed a EUR 50 million private placement in November 2020, with allocations to cornerstone investors including Creadev International S.A.S. (NOK 97.5 million), Rabo Participaties B.V. (NOK 75.3 million), and Cibus Enterprise Fund LP (NOK 52.7 million), among others. The shares were allocated on 10 November 2020, with settlement around 23 November 2020, and trading commenced on Merkur Market on or about 25 November 2020 under ticker KING-ME. This round involved 67,740,195 ordinary shares. The company focuses on sustainable aquaculture, protecting oceans through land-based systems. The proceeds were intended to finance the expansion of the company's existing Yellowtail facility in Zeeland, Netherlands, specifically System F, with construction planned for Q1 2021 and harvest in Q4 2022, though full expansion and a new U.S. facility in Jonesport required additional equity or debt. Prior funding came from Creadev, Rabo, and Nutreco, supporting the company's transition to a Dutch public limited liability company in 2020. Lock-up agreements were in place for key shareholders and management.

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About Kingfish

When was Kingfish founded?Kingfish was founded in 2015.
Where is Kingfish headquartered?Kingfish is headquartered in Netherlands.
How many employees does Kingfish have?As of today, Kingfish has over 134 employees.
Is Kingfish publicly listed?Yes, Kingfish is a public company listed on Oslo Børs.
What is the stock symbol of Kingfish?Kingfish trades under KING ticker.
When did Kingfish go public?Kingfish went public in 2020.
Who are competitors of Kingfish?Kingfish main competitors include Farm Innovations, Desert Control, Asia Seed Co, Zarneni Hrani, AgroGeneration, Tonkens Agrar, Agripower France, Inversiones Equipos y Servicios, KKO International, Agroliga Group.
What is the current market cap of Kingfish?Kingfish's current market cap is $14M.
What is the current revenue of Kingfish?Kingfish's last fiscal year revenue is $32M.
What is the current EV/Revenue multiple of Kingfish?Current revenue multiple of Kingfish is 4.3x.
Is Kingfish profitable?No, Kingfish is not profitable.
How many companies Kingfish has acquired to date?Kingfish hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Kingfish has invested to date?Kingfish hasn't invested in any companies yet (or none have been disclosed publicly).

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