MX On Valuation Multiples
MX On is valued at $40M as of November 2026, a 1.8x revenue multiple. In the last fiscal year, MX On revenue was $46M and MX On EBITDA was ($2M).
MX On Overview
About MX On
MX On Corp, formerly known as M2I Corp, is engaged in the manufacturing and export of HMI systems for industrial automation applications and other applications such as the information service system and building automation system. The company also provides smart SCADA (Supervisory Control And Data Acquisition), and smart factory solutions, which are essential components for building smart factories.
Founded
1999
HQ
Employees
122
Website
Financials (Last FY)
EV
$84M
Valuation Multiples
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MX On Financials
MX On reported last fiscal year revenue of $46M and negative EBITDA of ($2M).
In the same fiscal year, MX On generated $12M in gross profit, ($2M) in EBITDA losses, and $1M in net income.
MX On P&L
In the most recent fiscal year, MX On reported revenue of $46M and EBITDA of ($2M).
MX On is profitable as of last fiscal year, with gross margin of 26%, EBITDA margin of (5%), and net margin of 3%.
Financial data powered by Morningstar, Inc.
MX On Stock Performance
MX On has current market cap of $40M, and enterprise value of $84M.
Market Cap Evolution
MX On's stock price is $2.45.
MX On has an EPS (earnings per share) of $0.08.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $84M | $40M | -0.1% | - | - | - | $0.08 |
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Start Free TrialMX On Valuation Multiples
MX On trades at 1.8x EV/Revenue multiple, and (35.6x) EV/EBITDA.
MX On Financial Valuation Multiples
As of November 8, 2026, MX On has market cap of $40M and EV of $84M.
MX On has a P/E ratio of 31.6x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified MX On 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.
MX On Margins & Growth Rates
In the most recent fiscal year, MX On reported gross margin of 26%, EBITDA margin of (5%), and net margin of 3%.
MX On Margins
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MX On Operational KPIs
MX On's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Data powered by FactSet, Inc. and Morningstar, Inc.
MX On Competitors
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
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Investments by MX On
MX On has invested in 1 company to date.
Latest investment by MX On was on August 18th 2025. MX On invested in Bem Robotics in their $4M Series A round (EV/Revenue multiple available to Pro users).
Latest Investments by MX On
| Description | Bem Robotics is a Shanghai-based developer of indoor industrial robots for automated material handling in warehouses. Its AGVs handle pallets up to 1,500 kg with laser navigation, deployed in facilities for JD.com and Foxconn. Founded in 2019, Bem Robotics integrates with WMS software across 20 Chinese provinces. |
| HQ Country | |
| HQ City | Busan |
| Deal Date | 18 Aug 2025 |
| Round | Series A |
| Raised | $4M |
| Investors | SGI Venture Capital; Samick Mats Ventures; MX On; BNK Venture Capital; Asia Venture Group |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
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Start Free TrialAbout MX On
| When was MX On founded? | MX On was founded in 1999. |
| Where is MX On headquartered? | MX On is headquartered in South Korea. |
| How many employees does MX On have? | As of today, MX On has over 122 employees. |
| Is MX On publicly listed? | Yes, MX On is a public company listed on Korea Exchange. |
| What is the stock symbol of MX On? | MX On trades under 347890 ticker. |
| When did MX On go public? | MX On went public in 2020. |
| Who are competitors of MX On? | MX On main competitors include |
| What is the current market cap of MX On? | MX On's current market cap is $40M. |
| What is the current revenue of MX On? | MX On's last fiscal year revenue is $46M. |
| What is the current EV/Revenue multiple of MX On? | Current revenue multiple of MX On is 1.8x. |
| Is MX On profitable? | No, MX On is not profitable. |
| How many companies MX On has acquired to date? | MX On hasn't acquired any companies yet (or none have been disclosed publicly). |
| In how many companies MX On has invested to date? | As of November 2026, MX On has invested in 1 company. |
| What was the last MX On investment? | On 18th August 2025 MX On invested in Bem Robotics, participating in a $4M Series A round, alongside SGI Venture Capital, Samick Mats Ventures, BNK Venture Capital, and Asia Venture Group. |
| In what companies MX On invested in? | MX On invested in Bem Robotics. |
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