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ML System Valuation Multiples
Discover revenue and EBITDA valuation multiples for ML System and similar public comparables like Beam Global, E4U, SolarMax Technology, MPC Energy Solutions and more.
ML System Overview
About ML System
ML System SA is engaged in the design, engineering and production of building-integrated photovoltaic (BIPV) cell systems which generate electrical power from sunlight. It offers Energy Photovoltaics including BIPV modules, BIPV cells, Photovoltaic IGUS, Photovoltaic architecture systems, standard photovoltaic modules and fastening systems. Its other offerings includes Building Management System which includes enegry management systems and security systems.
Founded
2007
HQ

Employees
149
Website
Financials (FY)
EV
$70M
ML System Financials
ML System reported last fiscal year revenue of $45M and negative EBITDA of ($1M).
In the same fiscal year, ML System generated $4M in gross profit, ($1M) in EBITDA losses, and had net loss of ($11M).
ML System P&L
In the most recent fiscal year, ML System reported revenue of $45M and EBITDA of ($1M).
ML System expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $45M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $4M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 9% | XXX | XXX | XXX |
| EBITDA | — | XXX | ($1M) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (2%) | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (22%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($11M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (25%) | XXX | XXX | XXX |
| Net Debt | — | — | $30M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
ML System Stock Performance
ML System has current market cap of $32M, and enterprise value of $70M.
Market Cap Evolution
ML System's stock price is $4.36.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $70M | $32M | -0.7% | XXX | XXX | XXX | $-1.52 |
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Start Free TrialML System Valuation Multiples
ML System trades at 1.6x EV/Revenue multiple, and (64.1x) EV/EBITDA.
ML System Financial Valuation Multiples
As of April 14, 2026, ML System has market cap of $32M and EV of $70M.
Equity research analysts estimate ML System's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
ML System has a P/E ratio of (2.9x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $32M | XXX | $32M | XXX | XXX | XXX |
| EV (current) | $70M | XXX | $70M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 1.6x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | (64.1x) | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (7.0x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 17.2x | XXX | XXX | XXX |
| P/E | — | XXX | (2.9x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (71.1x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified ML System 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.


ML System Margins & Growth Rates
ML System's revenue in the last fiscal year declined by (16%).
ML System's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
ML System Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | (16%) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | (2%) | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (115%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 7% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 24% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 31% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
ML System Public Comps
See public comps and valuation multiples for other Clean Technology and Energy Equipment comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| ML System | XXX | XXX | XXX | XXX | XXX | XXX |
| Beam Global | XXX | XXX | XXX | XXX | XXX | XXX |
| E4U | XXX | XXX | XXX | XXX | XXX | XXX |
| SolarMax Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| MPC Energy Solutions | XXX | XXX | XXX | XXX | XXX | XXX |
| CEM | 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.
ML System M&A Activity
ML System acquired XXX companies to date.
Last acquisition by ML System was on XXXXXXXX, XXXXX. ML System acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by ML System
| 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 |
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Start Free TrialML System Investment Activity
ML System invested in XXX companies to date.
ML System made its latest investment on XXXXXXXX, XXXXX. ML System invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by ML System
| 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 |
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Start Free TrialAbout ML System
| When was ML System founded? | ML System was founded in 2007. |
| Where is ML System headquartered? | ML System is headquartered in Poland. |
| How many employees does ML System have? | As of today, ML System has over 149 employees. |
| Is ML System publicly listed? | Yes, ML System is a public company listed on Warsaw Stock Exchange. |
| What is the stock symbol of ML System? | ML System trades under MLS ticker. |
| When did ML System go public? | ML System went public in 2018. |
| Who are competitors of ML System? | ML System main competitors are Beam Global, E4U, SolarMax Technology, MPC Energy Solutions. |
| What is the current market cap of ML System? | ML System's current market cap is $32M. |
| What is the current revenue of ML System? | ML System's last fiscal year revenue is $45M. |
| What is the current EV/Revenue multiple of ML System? | Current revenue multiple of ML System is 1.6x. |
| Is ML System profitable? | No, ML System is not profitable. |
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