🎉 M&A multiples are live!
Check it out!

Merchants Expressway Valuation Multiples

Discover revenue and EBITDA valuation multiples for Merchants Expressway and similar public comparables like Smart Parking, Transurban Group, and Ventia.

Merchants Expressway Overview

About Merchants Expressway

China Merchants Expressway Network & Technology Holdings Co Ltd is engaged in Highway-related operations include toll road business and transportation technology business.


Founded

1993

HQ

China
Employees

n/a

Financials

LTM Revenue $1.8B

LTM EBITDA $1.6B

EV

$17.8B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Merchants Expressway Financials

Merchants Expressway has a last 12-month revenue (LTM) of $1.8B and a last 12-month EBITDA of $1.6B.

In the most recent fiscal year, Merchants Expressway achieved revenue of $1.8B and an EBITDA of $1.7B.

Merchants Expressway expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Merchants Expressway valuation multiples based on analyst estimates

Merchants Expressway P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $1.8B XXX $1.8B XXX XXX XXX
Gross Profit $622M XXX $605M XXX XXX XXX
Gross Margin 34% XXX 34% XXX XXX XXX
EBITDA $1.6B XXX $1.7B XXX XXX XXX
EBITDA Margin 91% XXX 97% XXX XXX XXX
EBIT $929M XXX $475M XXX XXX XXX
EBIT Margin 51% XXX 27% XXX XXX XXX
Net Profit $780M XXX $743M XXX XXX XXX
Net Margin 43% XXX 42% XXX XXX XXX
Net Debt XXX XXX $5.7B XXX XXX XXX

Financial data powered by Morningstar, Inc.

Merchants Expressway Stock Performance

As of July 18, 2025, Merchants Expressway's stock price is CNY 12 (or $2).

Merchants Expressway has current market cap of CNY 80.1B (or $11.2B), and EV of CNY 128B (or $17.8B).

See Merchants Expressway trading valuation data

Merchants Expressway Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$17.8B $11.2B XXX XXX XXX XXX $0.11

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Merchants Expressway Valuation Multiples

As of July 18, 2025, Merchants Expressway has market cap of $11.2B and EV of $17.8B.

Merchants Expressway's trades at 10.1x EV/Revenue multiple, and 10.4x EV/EBITDA.

Equity research analysts estimate Merchants Expressway's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Merchants Expressway has a P/E ratio of 14.3x.

See valuation multiples for Merchants Expressway and 12K+ public comps

Merchants Expressway Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $11.2B XXX $11.2B XXX XXX XXX
EV (current) $17.8B XXX $17.8B XXX XXX XXX
EV/Revenue 9.9x XXX 10.1x XXX XXX XXX
EV/EBITDA 10.9x XXX 10.4x XXX XXX XXX
EV/EBIT 19.2x XXX 37.6x XXX XXX XXX
EV/Gross Profit 28.7x XXX n/a XXX XXX XXX
P/E 14.3x XXX 15.1x XXX XXX XXX
EV/FCF n/a XXX 21.8x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Merchants Expressway Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Merchants Expressway Margins & Growth Rates

Merchants Expressway's last 12 month revenue growth is 3%

Merchants Expressway's revenue per employee in the last FY averaged n/a, while opex per employee averaged n/a for the same period.

Merchants Expressway's rule of 40 is 119% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Merchants Expressway's rule of X is 98% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Merchants Expressway and other 12K+ public comps

Merchants Expressway Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 3% XXX 3% XXX XXX XXX
EBITDA Margin 91% XXX 97% XXX XXX XXX
EBITDA Growth 1% XXX 2% XXX XXX XXX
Rule of 40 119% XXX 100% XXX XXX XXX
Bessemer Rule of X XXX XXX 98% XXX XXX XXX
Revenue per Employee XXX XXX n/a XXX XXX XXX
Opex per Employee XXX XXX n/a XXX XXX XXX
S&M Expenses to Revenue XXX XXX 0% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX 1% XXX XXX XXX
Opex to Revenue XXX XXX 7% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Merchants Expressway Public Comps

See public comps and valuation multiples for Road Infrastructure comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Ferrovial XXX XXX XXX XXX XXX XXX
Atlas Arteria XXX XXX XXX XXX XXX XXX
Smart Parking XXX XXX XXX XXX XXX XXX
Transurban Group XXX XXX XXX XXX XXX XXX
Ventia 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.

Merchants Expressway M&A and Investment Activity

Merchants Expressway acquired  XXX companies to date.

Last acquisition by Merchants Expressway was  XXXXXXXX, XXXXX XXXXX XXXXXX . Merchants Expressway acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Merchants Expressway

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About Merchants Expressway

When was Merchants Expressway founded? Merchants Expressway was founded in 1993.
Where is Merchants Expressway headquartered? Merchants Expressway is headquartered in China.
Is Merchants Expressway publicy listed? Yes, Merchants Expressway is a public company listed on SHE.
What is the stock symbol of Merchants Expressway? Merchants Expressway trades under 001965 ticker.
When did Merchants Expressway go public? Merchants Expressway went public in 2017.
Who are competitors of Merchants Expressway? Similar companies to Merchants Expressway include e.g. Ferrovial, Atlas Arteria, Smart Parking, Transurban Group.
What is the current market cap of Merchants Expressway? Merchants Expressway's current market cap is $11.2B
What is the current revenue of Merchants Expressway? Merchants Expressway's last 12 months revenue is $1.8B.
What is the current revenue growth of Merchants Expressway? Merchants Expressway revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of Merchants Expressway? Current revenue multiple of Merchants Expressway is 9.9x.
Is Merchants Expressway profitable? Yes, Merchants Expressway is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Merchants Expressway? Merchants Expressway's last 12 months EBITDA is $1.6B.
What is Merchants Expressway's EBITDA margin? Merchants Expressway's last 12 months EBITDA margin is 91%.
What is the current EV/EBITDA multiple of Merchants Expressway? Current EBITDA multiple of Merchants Expressway is 10.9x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.