Metso Valuation Multiples

Metso is valued at $16B as of October 2026, a 2.8x revenue multiple. In the last 12 months, Metso revenue was $6.2B and Metso EBITDA was $1.1B.

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Metso Overview

About Metso

Metso is a Finland-based supplier of equipment, process technologies, services, and consumables for the mining and aggregates industries. Headquartered in Helsinki, the company was created in 2020 through the merger of Metso Minerals and Outotec, combining decades of expertise in minerals processing and metallurgical technologies. Metso operates through two segments: minerals, which provides crushing, grinding, flotation, filtration, tailings, and slurry-handling equipment along with related services for global hard-rock mining customers; and aggregates, which supplies mobile and stationary crushers, screens, and aftermarket wear parts primarily for construction aggregates producers.


Founded

2020

HQ

Finland

Employees

16.8K

Website

metso.com

Financials (LTM)

Revenue: $6.2B
EBITDA: $1.1B

EV

$17B

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Metso Financials

Metso reported last 12-month revenue of $6.2B and EBITDA of $1.1B.

In the same LTM period, Metso generated $2.1B in gross profit, $1.1B in EBITDA, and $605M in net income.

Revenue (LTM)


Metso P&L

In the most recent fiscal year, Metso reported revenue of $5.8B and EBITDA of $1B.

Metso is profitable as of last fiscal year, with gross margin of 32%, EBITDA margin of 17%, and net margin of 8%.

See analyst estimates for Metso
LTMLast FY202320242025202620272028
Revenue$6.2B$5.8B$6.3B$5.8B$5.8B
Gross Profit$2.1B$1.9B$2B$1.9B$1.9B
Gross Margin34%32%32%33%32%
EBITDA$1.1B$1B$1.1B$1B$1B
EBITDA Margin18%17%18%18%17%
EBIT Margin15%14%15%16%14%
Net Profit$605M$472M$631M$382M$472M
Net Margin10%8%10%7%8%
Net Debt-$1.1B---

Financial data powered by Morningstar, Inc.

Metso Stock Performance

Metso has current market cap of $16B, and enterprise value of $17B.

Market Cap Evolution


Metso's stock price is $19.26.

Metso share price decreased by 0.6% in the last 30 days, and increased by 17.0% in the last year.

Metso has an EPS (earnings per share) of $0.57.

See more trading valuation data for Metso
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$17B$16B1.0%-0.6%3.6%17.0%$0.57

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Metso Valuation Multiples

Metso trades at 2.8x EV/Revenue multiple, and 15.2x EV/EBITDA.

See NTM and 2027E valuation multiples for Metso

EV / Revenue (LTM)


Metso Financial Valuation Multiples

As of October 29, 2026, Metso has market cap of $16B and EV of $17B.

Metso has a P/E ratio of 26.3x.

LTMLast FY202320242025202620272028
EV/Revenue2.8x3.0x2.8x3.0x3.0x
EV/EBITDA15.2x17.2x15.7x16.5x17.2x
EV/EBIT18.5x21.4x18.2x19.0x21.4x
EV/Gross Profit8.3x9.2x8.7x8.9x9.2x
P/E26.3x33.8x25.3x41.7x33.8x
EV/FCF32.5x24.8x113.6x102.6x24.8x

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

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Metso Margins & Growth Rates

Metso grew revenue by 6% and EBITDA by 14% in the last fiscal year.

In the most recent fiscal year, Metso reported gross margin of 32%, EBITDA margin of 17%, and net margin of 8%.

See estimated margins and future growth rates for Metso

Metso Margins

Last FY202420252026202720282029
Gross Margin32%33%32%34%
EBITDA Margin17%18%17%18%
EBIT Margin14%16%14%15%
Net Margin8%7%8%10%
FCF Margin12%3%12%8%

Metso Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth6%(7%)0%6%
Gross Profit Growth11%(2%)(3%)11%
EBITDA Growth14%(5%)(4%)14%
EBIT Growth16%(4%)(11%)16%
Net Profit Growth33%(39%)24%33%
FCF Growth(27%)11%314%(27%)

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

Metso Operational KPIs

Metso's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.

Metso's Rule of 40 is 24% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Metso's Rule of X is 32% (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).

Access forward-looking KPIs for Metso
LTMLast FY202320242025202620272028
Rule of 4028%24%---
Bessemer Rule of X43%32%---
Revenue per Employee-$0.3M---
Opex per Employee-$0.1M---
S&M Expenses to Revenue-9%8%9%9%
G&A Expenses to Revenue-8%7%7%8%
R&D Expenses to Revenue-2%1%2%2%
Opex to Revenue-18%16%18%18%

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

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Metso Competitors

Metso competitors include IHI, RBC Bearings, Lincoln Electric, Stanley Black & Decker, EVE Energy Co., Bosch India, Bharat Heavy Electricals, MKS, ABB India and Knorr-Bremse.

Most Metso public comparables operate across Machinery and Industrial Parts.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
IHI$10B$1.7B1.8x1.6x10.8x9.5x
RBC Bearings$1.9B$548M8.6x8.0x29.4x24.4x
Lincoln Electric$4.2B$826M3.6x3.2x18.4x16.1x
Stanley Black & Decker$15B$1.4B1.3x1.3x13.4x11.0x
EVE Energy Co.$9.2B$1.2B1.9x1.3x14.4x11.0x
Bosch India$2.1B$379M6.9x5.9x37.6x43.3x
Bharat Heavy Electricals$3.4B$260M4.2x3.5x55.1x35.4x
MKS$3.9B$846M4.7x3.8x21.7x13.7x

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Acquisitions by Metso

Metso has acquired 12 companies to date.

Last acquisition by Metso was on October 20th 2026. Metso acquired Italbronze for undisclosed valuation.

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Latest Acquisitions by Metso

Italbronze
MRA
Q&R Industrial Hoses
Swiss Tower Mills Minerals
Description
Italbronze is a Brazilian manufacturer of custom bronze parts for industrial use, based in Guarulhos. Its products include bronze rings, bushings, sleeves, crowns, bearings, nuts, rulers and shoes, as well as parts made from SAE bronze and alloys, and bronze with graphite or PTFE inserts. The company produces them through continuous and centrifugal casting and precision CNC machining. Its parts are used in agriculture, food, automotive, wind and solar energy, power generation, metalworking, mining, oil and gas, and steel. The company dates its history to 1958 and says it has served customers on five continents. Revenue comes from the sale of manufactured parts, with made-to-order production a core part of the offer.
MRA is an Australia-based specialist in electrical and control systems for mining and industrial sectors, offering design, commissioning, maintenance, and support services internationally.
Q&R Industrial Hoses is an Australian manufacturer of rubber hoses and rubber-to-metal bonded linings for mining and industrial applications. Operating from Queensland, the company produces hydraulic, pneumatic, and chemical transfer hoses resistant to abrasion and high pressure. Q&R supplies assemblies to resource sectors with custom crimping and testing services.
Swiss Tower Mills Minerals is a Swiss engineering firm specializing in stirred media grinding mills for fine and ultra-fine particle processing. Headquartered in Alsace-Lorraine, France, with Swiss origins, the company supplies over 200 units operating in mineral processing plants globally. Its tower mills process gold, copper, lead-zinc, and nickel ores with energy savings up to 40 percent compared to ball mills. Swiss Tower Mills Minerals delivers turnkey installations including commissioning and training for mining operations in Australia, South America, and Africa.
HQ CountryBrazilAustraliaAustraliaSwitzerland
HQ City
Guarulhos
-
Sydney
Baden
Deal Date20 Oct 20262 Feb 202616 Sep 20251 Oct 2024
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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About Metso

When was Metso founded?Metso was founded in 2020.
Where is Metso headquartered?Metso is headquartered in Finland.
How many employees does Metso have?As of today, Metso has over 16K employees.
Who is the CEO of Metso?Metso's CEO is Eeva Sipila.
Is Metso publicly listed?Yes, Metso is a public company listed on Nasdaq Helsinki.
What is the stock symbol of Metso?Metso trades under METSO ticker.
When did Metso go public?Metso went public in 2006.
Who are competitors of Metso?Metso main competitors include IHI, RBC Bearings, Lincoln Electric, Stanley Black & Decker, EVE Energy Co., Bosch India, Bharat Heavy Electricals, MKS, ABB India, Knorr-Bremse.
What is the current market cap of Metso?Metso's current market cap is $16B.
What is the current revenue of Metso?Metso's last 12 months revenue is $6.2B.
What is the current revenue growth of Metso?Metso revenue growth (NTM/LTM) is 10%.
What is the current EV/Revenue multiple of Metso?Current revenue multiple of Metso is 2.8x.
What is the current EBITDA of Metso?Metso's last 12 months EBITDA is $1.1B.
What is Metso's EBITDA margin?Metso's last 12 months EBITDA margin is 18%.
What is the current EV/EBITDA multiple of Metso?Current EBITDA multiple of Metso is 15.2x.
What is the current FCF of Metso?Metso's last 12 months FCF is $532M.
What is Metso's FCF margin?Metso's last 12 months FCF margin is 9%.
What is the current EV/FCF multiple of Metso?Current FCF multiple of Metso is 32.5x.
How many companies Metso has acquired to date?As of October 2026, Metso has acquired 12 companies.
What was the largest acquisition by Metso?$311M acquisition of McCloskey International on 11th June 2019 was the largest M&A Metso has done to date.
What companies Metso acquired?Metso acquired McCloskey International, WEARX, Italbronze, Rexnord, MRA, Jindex, P.J. Jonsson & Söner, Tedd Engineering, Kiln Flame Systems, Q&R Industrial Hoses, and 2 other companies.
In how many companies Metso has invested to date?Metso hasn't invested in any companies yet (or none have been disclosed publicly).

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