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Nanoform Valuation Multiples
Discover revenue and EBITDA valuation multiples for Nanoform and similar public comparables like J. Molner, WDB coco, Mabion, Champions Oncology and more.
Nanoform Overview
About Nanoform
Nanoform Finland PLC is a nanoparticle medicine-enabling company. The company works together with pharma and biotech partners to reduce attrition in clinical trials and enhance their molecules' formulation performance through its nano-forming services. Its patented and scalable Controlled Expansion of Supercritical Solutions (CESS) technology produces nano-formed API particles as small as 10nm. This enables poorly soluble molecules in the pharmaceuticals pipeline to progress into clinical development by increasing their rate of dissolution and by improving their bioavailability. Its technology provides novel opportunities in many value-enhancing drug delivery applications. Geographically, the company generates maximum revenue from Europe, followed by the United States and other regions.
Founded
2015
HQ

Employees
181
Website
Financials (LTM)
EV
$37M
Nanoform Financials
Nanoform reported last 12-month revenue of $5M and negative EBITDA of ($17M).
In the same LTM period, Nanoform generated $4M in gross profit, ($17M) in EBITDA losses, and had net loss of ($19M).
Revenue (LTM)
Nanoform P&L
In the most recent fiscal year, Nanoform reported revenue of $4M and EBITDA of ($17M).
Nanoform expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $5M | XXX | $4M | XXX | XXX | XXX |
| Gross Profit | $4M | XXX | $4M | XXX | XXX | XXX |
| Gross Margin | 86% | XXX | 86% | XXX | XXX | XXX |
| EBITDA | ($17M) | XXX | ($17M) | XXX | XXX | XXX |
| EBITDA Margin | (365%) | XXX | (412%) | XXX | XXX | XXX |
| EBIT Margin | (438%) | XXX | (522%) | XXX | XXX | XXX |
| Net Profit | ($19M) | XXX | ($21M) | XXX | XXX | XXX |
| Net Margin | (425%) | XXX | (503%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Nanoform Stock Performance
Nanoform has current market cap of $58M, and enterprise value of $37M.
Market Cap Evolution
Nanoform's stock price is $0.67.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $37M | $58M | -3.1% | XXX | XXX | XXX | $-0.25 |
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Start Free TrialNanoform Valuation Multiples
Nanoform trades at 8.0x EV/Revenue multiple, and (2.2x) EV/EBITDA.
EV / Revenue (LTM)
Nanoform Financial Valuation Multiples
As of April 19, 2026, Nanoform has market cap of $58M and EV of $37M.
Equity research analysts estimate Nanoform's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Nanoform has a P/E ratio of (3.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $58M | XXX | $58M | XXX | XXX | XXX |
| EV (current) | $37M | XXX | $37M | XXX | XXX | XXX |
| EV/Revenue | 8.0x | XXX | 8.8x | XXX | XXX | XXX |
| EV/EBITDA | (2.2x) | XXX | (2.1x) | XXX | XXX | XXX |
| EV/EBIT | (1.8x) | XXX | (1.7x) | XXX | XXX | XXX |
| EV/Gross Profit | 9.3x | XXX | 10.3x | XXX | XXX | XXX |
| P/E | (3.0x) | XXX | (2.7x) | XXX | XXX | XXX |
| EV/FCF | (1.9x) | XXX | (1.7x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Nanoform 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.


Nanoform Margins & Growth Rates
Nanoform's revenue in the last 12 month grew by 46%.
Nanoform's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.2M for the same period.
Nanoform's rule of 40 is (173%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Nanoform's rule of X is (121%) (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).
Nanoform Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 46% | XXX | 35% | XXX | XXX | XXX |
| EBITDA Margin | (365%) | XXX | (412%) | XXX | XXX | XXX |
| EBITDA Growth | (36%) | XXX | (32%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | (173%) | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (121%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 15% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 41% | XXX | XXX | XXX |
| R&D Expenses to Revenue | — | XXX | 56% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 671% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Nanoform Public Comps
See public comps and valuation multiples for other Contract Research & Manufacturing comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Nanoform | XXX | XXX | XXX | XXX | XXX | XXX |
| J. Molner | XXX | XXX | XXX | XXX | XXX | XXX |
| WDB coco | XXX | XXX | XXX | XXX | XXX | XXX |
| Mabion | XXX | XXX | XXX | XXX | XXX | XXX |
| Champions Oncology | XXX | XXX | XXX | XXX | XXX | XXX |
| Inotiv | 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.
Nanoform M&A Activity
Nanoform acquired XXX companies to date.
Last acquisition by Nanoform was on XXXXXXXX, XXXXX. Nanoform acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Nanoform
| 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 |
Get Verified M&A Valuation Multiples
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Start Free TrialNanoform Investment Activity
Nanoform invested in XXX companies to date.
Nanoform made its latest investment on XXXXXXXX, XXXXX. Nanoform invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Nanoform
| 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 Nanoform
| When was Nanoform founded? | Nanoform was founded in 2015. |
| Where is Nanoform headquartered? | Nanoform is headquartered in Finland. |
| How many employees does Nanoform have? | As of today, Nanoform has over 181 employees. |
| Is Nanoform publicly listed? | Yes, Nanoform is a public company listed on Nasdaq Helsinki. |
| What is the stock symbol of Nanoform? | Nanoform trades under NANOFH ticker. |
| When did Nanoform go public? | Nanoform went public in 2020. |
| Who are competitors of Nanoform? | Nanoform main competitors are J. Molner, WDB coco, Mabion, Champions Oncology. |
| What is the current market cap of Nanoform? | Nanoform's current market cap is $58M. |
| What is the current revenue of Nanoform? | Nanoform's last 12 months revenue is $5M. |
| What is the current revenue growth of Nanoform? | Nanoform revenue growth (NTM/LTM) is 46%. |
| What is the current EV/Revenue multiple of Nanoform? | Current revenue multiple of Nanoform is 8.0x. |
| Is Nanoform profitable? | No, Nanoform is not profitable. |
| What is the current EBITDA of Nanoform? | Nanoform has negative EBITDA and is not profitable. |
| What is Nanoform's EBITDA margin? | Nanoform's last 12 months EBITDA margin is (365%). |
| What is the current EV/EBITDA multiple of Nanoform? | Current EBITDA multiple of Nanoform is (2.2x). |
| What is the current FCF of Nanoform? | Nanoform's last 12 months FCF is ($19M). |
| What is Nanoform's FCF margin? | Nanoform's last 12 months FCF margin is (417%). |
| What is the current EV/FCF multiple of Nanoform? | Current FCF multiple of Nanoform is (1.9x). |
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