🚀 VC round data is live in beta, check it out!
- Public Comps
- Kunlun
Kunlun Valuation Multiples
Discover revenue and EBITDA valuation multiples for Kunlun and similar public comparables like Giant Network Group Co., Bilibili, Match Group, Krafton and more.
Kunlun Overview
About Kunlun
Kunlun Tech Co Ltd engages in the development and distribution of online games in China. It also operates software application stores. The company develops and distributes web games, social games, mobile games, and software applications. Geographically, the company distributes its products in domestic and overseas markets.
Founded
2008
HQ

Employees
2.1K
Website
Financials (LTM)
EV
$9B
Kunlun Financials
Kunlun reported last 12-month revenue of $1B and negative EBITDA of ($159M).
In the same LTM period, Kunlun generated $847M in gross profit, ($159M) in EBITDA losses, and had net loss of ($182M).
Revenue (LTM)
Kunlun P&L
In the most recent fiscal year, Kunlun reported revenue of $830M and EBITDA of ($108M).
Kunlun expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $830M | XXX | XXX | XXX |
| Gross Profit | $847M | XXX | $611M | XXX | XXX | XXX |
| Gross Margin | 67% | XXX | 74% | XXX | XXX | XXX |
| EBITDA | ($159M) | XXX | ($108M) | XXX | XXX | XXX |
| EBITDA Margin | (13%) | XXX | (13%) | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (11%) | XXX | XXX | XXX |
| Net Profit | ($182M) | XXX | ($219M) | XXX | XXX | XXX |
| Net Margin | (14%) | XXX | (26%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Kunlun Stock Performance
Kunlun has current market cap of $10B, and enterprise value of $9B.
Market Cap Evolution
Kunlun's stock price is $7.71.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $10B | 1.1% | XXX | XXX | XXX | $-0.17 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialKunlun Valuation Multiples
Kunlun trades at 7.3x EV/Revenue multiple, and (58.1x) EV/EBITDA.
EV / Revenue (LTM)
Kunlun Financial Valuation Multiples
As of April 18, 2026, Kunlun has market cap of $10B and EV of $9B.
Equity research analysts estimate Kunlun's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Kunlun has a P/E ratio of (53.1x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $10B | XXX | $10B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 7.3x | XXX | 11.1x | XXX | XXX | XXX |
| EV/EBITDA | (58.1x) | XXX | (85.4x) | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (105.6x) | XXX | XXX | XXX |
| EV/Gross Profit | 10.9x | XXX | 15.2x | XXX | XXX | XXX |
| P/E | (53.1x) | XXX | (44.3x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | 51.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Kunlun 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.


Kunlun Margins & Growth Rates
Kunlun's revenue in the last 12 month grew by 21%.
Kunlun's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.3M for the same period.
Kunlun's rule of 40 is 16% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Kunlun's rule of X is 51% (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).
Kunlun Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 21% | XXX | 43% | XXX | XXX | XXX |
| EBITDA Margin | (13%) | XXX | (13%) | XXX | XXX | XXX |
| EBITDA Growth | (56%) | XXX | 71% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 16% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 51% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 40% | XXX | 38% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 13% | XXX | 15% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 28% | XXX | 27% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 84% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Kunlun Public Comps
See public comps and valuation multiples for other Gaming - Mobile and Consumer Apps comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Kunlun | XXX | XXX | XXX | XXX | XXX | XXX |
| Giant Network Group Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| Bilibili | XXX | XXX | XXX | XXX | XXX | XXX |
| Match Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Krafton | XXX | XXX | XXX | XXX | XXX | XXX |
| 37Games | 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.
Kunlun M&A Activity
Kunlun acquired XXX companies to date.
Last acquisition by Kunlun was on XXXXXXXX, XXXXX. Kunlun acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Kunlun
| 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
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialKunlun Investment Activity
Kunlun invested in XXX companies to date.
Kunlun made its latest investment on XXXXXXXX, XXXXX. Kunlun invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Kunlun
| 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 |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Kunlun
| When was Kunlun founded? | Kunlun was founded in 2008. |
| Where is Kunlun headquartered? | Kunlun is headquartered in China. |
| How many employees does Kunlun have? | As of today, Kunlun has over 2K employees. |
| Is Kunlun publicly listed? | Yes, Kunlun is a public company listed on Shenzhen Stock Exchange. |
| What is the stock symbol of Kunlun? | Kunlun trades under 300418 ticker. |
| When did Kunlun go public? | Kunlun went public in 2015. |
| Who are competitors of Kunlun? | Kunlun main competitors are Giant Network Group Co., Bilibili, Match Group, Krafton. |
| What is the current market cap of Kunlun? | Kunlun's current market cap is $10B. |
| What is the current revenue of Kunlun? | Kunlun's last 12 months revenue is $1B. |
| What is the current revenue growth of Kunlun? | Kunlun revenue growth (NTM/LTM) is 21%. |
| What is the current EV/Revenue multiple of Kunlun? | Current revenue multiple of Kunlun is 7.3x. |
| Is Kunlun profitable? | No, Kunlun is not profitable. |
| What is the current EBITDA of Kunlun? | Kunlun has negative EBITDA and is not profitable. |
| What is Kunlun's EBITDA margin? | Kunlun's last 12 months EBITDA margin is (13%). |
| What is the current EV/EBITDA multiple of Kunlun? | Current EBITDA multiple of Kunlun is (58.1x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.