Marshall Boya Valuation Multiples

Marshall Boya is valued at $335M as of September 2026, a 3.8x revenue multiple. In the last fiscal year, Marshall Boya revenue was $90M and Marshall Boya EBITDA was $10M.

Marshall Boya Overview

About Marshall Boya

Marshall Boya VE Vernik Sanayii AS is a Turkey-based company involved in manufacturing paints, coatings, and specialty chemicals. The variety of paints provided by the company includes Panel Door Paint, Fit Silicone, Fit Plastic, Antibacterial Hygiene and Silicone Silk Mat Tinted among others.


Founded

1965

HQ

Turkey

Employees

228

Sectors

Financials (Last FY)

Revenue: $90M
EBITDA: $10M

EV

$339M

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Marshall Boya Financials

Marshall Boya reported last fiscal year revenue of $90M and EBITDA of $10M.

In the same fiscal year, Marshall Boya generated $39M in gross profit, $10M in EBITDA, and had net loss of ($6M).


Marshall Boya P&L

In the most recent fiscal year, Marshall Boya reported revenue of $90M and EBITDA of $10M.

Marshall Boya is unprofitable as of last fiscal year, with gross margin of 43%, EBITDA margin of 11%, and net margin of (7%).

See analyst estimates for Marshall Boya
Last FY202320242025202620272028
Revenue$90M$64M$83M$90M
Gross Profit$39M$20M$27M$39M
Gross Margin43%32%32%43%
EBITDA$10M$6M$8M$10M
EBITDA Margin11%10%10%11%
EBIT Margin9%8%8%9%
Net Profit($6M)($3M)($5M)($6M)
Net Margin(7%)(5%)(6%)(7%)
Net Debt$6M---

Financial data powered by Morningstar, Inc.

Marshall Boya Stock Performance

Marshall Boya has current market cap of $335M, and enterprise value of $339M.


Marshall Boya's stock price is $30.44.

Marshall Boya share price decreased by 9.3% in the last 30 days, and by 23.6% in the last year.

Marshall Boya has an EPS (earnings per share) of $-0.54.

See more trading valuation data for Marshall Boya
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$339M$335M-3.9%-9.3%-29.5%-23.6%$-0.54

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Marshall Boya Valuation Multiples

Marshall Boya trades at 3.8x EV/Revenue multiple, and 33.8x EV/EBITDA.

See NTM and 2027E valuation multiples for Marshall Boya

Marshall Boya Financial Valuation Multiples

As of September 22, 2026, Marshall Boya has market cap of $335M and EV of $339M.

Marshall Boya has a P/E ratio of (56.0x).

Last FY202320242025202620272028
EV/Revenue3.8x5.3x4.1x3.8x
EV/EBITDA33.8x53.4x41.3x33.8x
EV/EBIT43.4x64.8x53.9x43.4x
EV/Gross Profit8.8x16.8x12.7x8.8x
P/E(56.0x)(112.0x)(67.0x)(56.0x)
EV/FCF(44.8x)38.5xn/m(44.8x)

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

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Marshall Boya Margins & Growth Rates

In the most recent fiscal year, Marshall Boya reported gross margin of 43%, EBITDA margin of 11%, and net margin of (7%).

See estimated margins and future growth rates for Marshall Boya

Marshall Boya Margins

Last FY20242025202720282029
Gross Margin43%32%43%
EBITDA Margin11%10%11%
EBIT Margin9%8%9%
Net Margin(7%)(6%)(7%)
FCF Margin(8%)0%(8%)

Marshall Boya Growth Rates

23/2424/2526/2727/2828/29
Revenue Growth30%8%
Gross Profit Growth32%45%
EBITDA Growth29%22%
EBIT Growth20%24%
Net Profit Growth67%20%
FCF Growth(96%)(2011%)

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

Marshall Boya Operational KPIs

Marshall Boya's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.

Access forward-looking KPIs for Marshall Boya
Last FY202320242025202620272028
Revenue per Employee$0.4M---
Opex per Employee$0.1M---
S&M Expenses to Revenue16%11%12%16%
G&A Expenses to Revenue0%2%2%0%
R&D Expenses to Revenue1%1%1%1%
Opex to Revenue34%23%24%34%

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

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Marshall Boya Competitors

Marshall Boya competitors include Orion SA, NLI Holdings, Itafos, Selena FM, Gurit Holding, Oxiquim, H&R Gruppe, PCC Rokita, SINOTECH Co and Alto Ingredients.

Most Marshall Boya public comparables operate across Chemicals.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Orion SA$1.8B$159M0.7x0.7x8.1x6.2x
NLI Holdings$158M($54M)1.6x1.6x(4.6x)-
Itafos$558M$189M0.6x0.6x1.9x3.4x
Selena FM$473M$57M0.8x0.7x6.4x6.1x
Gurit Holding$388M($45M)1.0x1.0x(8.9x)12.3x
Oxiquim$247M$43M1.5x-8.7x-
H&R Gruppe$1.4B$50M0.3x0.3x9.2x3.2x
PCC Rokita$474M$69M1.0x0.9x6.9x5.8x

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About Marshall Boya

When was Marshall Boya founded?Marshall Boya was founded in 1965.
Where is Marshall Boya headquartered?Marshall Boya is headquartered in Turkey.
How many employees does Marshall Boya have?As of today, Marshall Boya has over 228 employees.
Is Marshall Boya publicly listed?Yes, Marshall Boya is a public company listed on Borsa Istanbul.
What is the stock symbol of Marshall Boya?Marshall Boya trades under MRSHL ticker.
When did Marshall Boya go public?Marshall Boya went public in 1990.
Who are competitors of Marshall Boya?Marshall Boya main competitors include Orion SA, NLI Holdings, Itafos, Selena FM, Gurit Holding, Oxiquim, H&R Gruppe, PCC Rokita, SINOTECH Co, Alto Ingredients.
What is the current market cap of Marshall Boya?Marshall Boya's current market cap is $335M.
What is the current revenue of Marshall Boya?Marshall Boya's last fiscal year revenue is $90M.
What is the current EV/Revenue multiple of Marshall Boya?Current revenue multiple of Marshall Boya is 3.8x.
Is Marshall Boya profitable?No, Marshall Boya is not profitable.
How many companies Marshall Boya has acquired to date?Marshall Boya hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Marshall Boya has invested to date?Marshall Boya hasn't invested in any companies yet (or none have been disclosed publicly).

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