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Nanosonics Valuation Multiples
Discover revenue and EBITDA valuation multiples for Nanosonics and similar public comparables like SD Biosensor, MiMedx Group, Japan Lifeline, SI-BONE and more.
Nanosonics Overview
About Nanosonics
Nanosonics is largely a single-product firm, and its Trophon device provides high-level disinfection of ultrasound probes used in semicritical procedures. The patented technology uses low-temperature sonically activated hydrogen peroxide mist suitable for probes sensitive to damage. Automated HLD is increasingly being used as the standard of care globally as it is superior in preventing cross-infection of patients. Nanosonics’ revenue consists of capital sales of Trophon units, ongoing consumables sales, and service revenue. By December 2025, there were 38,000 Trophon units installed globally. Market penetration rates range from over 75% in Australia and New Zealand, over 50% in the US to single-digit penetration in Europe, Middle East, and Africa, and elsewhere in the Asia-Pacific region.
Founded
2000
HQ

Employees
470
Website
Financials (LTM)
EV
$617M
Nanosonics Financials
Nanosonics reported last 12-month revenue of $143M and EBITDA of $17M.
In the same LTM period, Nanosonics generated $110M in gross profit, $17M in EBITDA, and $12M in net income.
Revenue (LTM)
Nanosonics P&L
In the most recent fiscal year, Nanosonics reported revenue of $140M and EBITDA of $22M.
Nanosonics expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $143M | XXX | $140M | XXX | XXX | XXX |
| Gross Profit | $110M | XXX | $110M | XXX | XXX | XXX |
| Gross Margin | 77% | XXX | 78% | XXX | XXX | XXX |
| EBITDA | $17M | XXX | $22M | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 16% | XXX | XXX | XXX |
| EBIT Margin | 7% | XXX | 8% | XXX | XXX | XXX |
| Net Profit | $12M | XXX | $15M | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 10% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Nanosonics Stock Performance
Nanosonics has current market cap of $725M, and enterprise value of $617M.
Market Cap Evolution
Nanosonics' stock price is $2.39.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $617M | $725M | 0.0% | XXX | XXX | XXX | $0.05 |
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Start Free TrialNanosonics Valuation Multiples
Nanosonics trades at 4.3x EV/Revenue multiple, and 36.9x EV/EBITDA.
EV / Revenue (LTM)
Nanosonics Financial Valuation Multiples
As of March 23, 2026, Nanosonics has market cap of $725M and EV of $617M.
Equity research analysts estimate Nanosonics' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Nanosonics has a P/E ratio of 58.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $725M | XXX | $725M | XXX | XXX | XXX |
| EV (current) | $617M | XXX | $617M | XXX | XXX | XXX |
| EV/Revenue | 4.3x | XXX | 4.4x | XXX | XXX | XXX |
| EV/EBITDA | 36.9x | XXX | 27.5x | XXX | XXX | XXX |
| EV/EBIT | 58.3x | XXX | 53.0x | XXX | XXX | XXX |
| EV/Gross Profit | 5.6x | XXX | 5.6x | XXX | XXX | XXX |
| P/E | 58.3x | XXX | 49.7x | XXX | XXX | XXX |
| EV/FCF | 53.5x | XXX | 24.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Nanosonics 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.


Nanosonics Margins & Growth Rates
Nanosonics' revenue in the last 12 month grew by 11%.
Nanosonics' revenue per employee in the last FY averaged $0.3M.
Nanosonics' rule of 40 is 23% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Nanosonics' rule of X is 40% (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).
Nanosonics Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 12% | XXX | 16% | XXX | XXX | XXX |
| EBITDA Growth | 26% | XXX | (26%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 23% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 40% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 36% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 51% | XXX | 16% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 17% | XXX | 17% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 74% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Nanosonics Public Comps
See public comps and valuation multiples for other Medical Devices comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| SD Biosensor | XXX | XXX | XXX | XXX | XXX | XXX |
| MiMedx Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Japan Lifeline | XXX | XXX | XXX | XXX | XXX | XXX |
| SI-BONE | XXX | XXX | XXX | XXX | XXX | XXX |
| CeriBell | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Nanosonics M&A Activity
Nanosonics acquired XXX companies to date.
Last acquisition by Nanosonics was on XXXXXXXX, XXXXX. Nanosonics acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Nanosonics
| 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 TrialNanosonics Investment Activity
Nanosonics invested in XXX companies to date.
Nanosonics made its latest investment on XXXXXXXX, XXXXX. Nanosonics invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Nanosonics
| 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 Nanosonics
| When was Nanosonics founded? | Nanosonics was founded in 2000. |
| Where is Nanosonics headquartered? | Nanosonics is headquartered in Australia. |
| How many employees does Nanosonics have? | As of today, Nanosonics has over 470 employees. |
| Who is the CEO of Nanosonics? | Nanosonics' CEO is Michael Kavanagh. |
| Is Nanosonics publicly listed? | Yes, Nanosonics is a public company listed on Australian Securities Exchange. |
| What is the stock symbol of Nanosonics? | Nanosonics trades under NAN ticker. |
| When did Nanosonics go public? | Nanosonics went public in 2007. |
| Who are competitors of Nanosonics? | Nanosonics main competitors are SD Biosensor, MiMedx Group, Japan Lifeline, SI-BONE. |
| What is the current market cap of Nanosonics? | Nanosonics' current market cap is $725M. |
| What is the current revenue of Nanosonics? | Nanosonics' last 12 months revenue is $143M. |
| What is the current revenue growth of Nanosonics? | Nanosonics revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of Nanosonics? | Current revenue multiple of Nanosonics is 4.3x. |
| Is Nanosonics profitable? | Yes, Nanosonics is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Nanosonics? | Nanosonics' last 12 months EBITDA is $17M. |
| What is Nanosonics' EBITDA margin? | Nanosonics' last 12 months EBITDA margin is 12%. |
| What is the current EV/EBITDA multiple of Nanosonics? | Current EBITDA multiple of Nanosonics is 36.9x. |
| What is the current FCF of Nanosonics? | Nanosonics' last 12 months FCF is $12M. |
| What is Nanosonics' FCF margin? | Nanosonics' last 12 months FCF margin is 8%. |
| What is the current EV/FCF multiple of Nanosonics? | Current FCF multiple of Nanosonics is 53.5x. |
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