🎉 M&A multiples are live!
Check it out!

Ncino Valuation Multiples

Discover revenue and EBITDA valuation multiples for Ncino and similar public comparables like FINEOS, Computershare, and Change Financial.

Ncino Overview

About Ncino

Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflows and utilizes data analytics & artificial intelligence that enables financial institutions to onboard new clients, make loans, and manage the entire loan life cycle, open deposits, and other accounts, and manage regulatory compliance. It also offers professional services, including configuration & implementation, training, and advisory services. The company generates the majority of its revenue from subscription services. The company caters to financial institutions, enterprise banks, regional banks, community banks, and credit unions. The vast majority of its revenue comes from the United States.


Founded

2011

HQ

United States of America
Employees

1.8K+

Website

ncino.com

Financials

LTM Revenue $554M

LTM EBITDA $108M

EV

$3.2B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Ncino Financials

Ncino has a last 12-month revenue (LTM) of $554M and a last 12-month EBITDA of $108M.

In the most recent fiscal year, Ncino achieved revenue of $541M and an EBITDA of $9.5M.

Ncino expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Ncino valuation multiples based on analyst estimates

Ncino P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $554M XXX $541M XXX XXX XXX
Gross Profit $361M XXX $325M XXX XXX XXX
Gross Margin 65% XXX 60% XXX XXX XXX
EBITDA $108M XXX $9.5M XXX XXX XXX
EBITDA Margin 19% XXX 2% XXX XXX XXX
EBIT $102M XXX -$18.1M XXX XXX XXX
EBIT Margin 18% XXX -3% XXX XXX XXX
Net Profit -$28.6M XXX -$37.9M XXX XXX XXX
Net Margin -5% XXX -7% XXX XXX XXX
Net Debt XXX XXX $45.1M XXX XXX XXX

Financial data powered by Morningstar, Inc.

Ncino Stock Performance

As of May 30, 2025, Ncino's stock price is $26.

Ncino has current market cap of $3.1B, and EV of $3.2B.

See Ncino trading valuation data

Ncino Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$3.2B $3.1B XXX XXX XXX XXX $0.67

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Ncino Valuation Multiples

As of May 30, 2025, Ncino has market cap of $3.1B and EV of $3.2B.

Ncino's trades at 6.0x EV/Revenue multiple, and 340.9x EV/EBITDA.

Equity research analysts estimate Ncino's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Ncino has a P/E ratio of -106.8x.

See valuation multiples for Ncino and 12K+ public comps

Ncino Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $3.1B XXX $3.1B XXX XXX XXX
EV (current) $3.2B XXX $3.2B XXX XXX XXX
EV/Revenue 5.8x XXX 6.0x XXX XXX XXX
EV/EBITDA 29.6x XXX 340.9x XXX XXX XXX
EV/EBIT 31.3x XXX -160.5x XXX XXX XXX
EV/Gross Profit 8.9x XXX n/a XXX XXX XXX
P/E -106.8x XXX -79.8x XXX XXX XXX
EV/FCF 53.5x XXX 59.8x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Ncino Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Ncino Margins & Growth Rates

Ncino's last 12 month revenue growth is 8%

Ncino's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.

Ncino's rule of 40 is 10% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Ncino's rule of X is 39% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Ncino and other 12K+ public comps

Ncino Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 8% XXX 8% XXX XXX XXX
EBITDA Margin 19% XXX 2% XXX XXX XXX
EBITDA Growth 20% XXX 298% XXX XXX XXX
Rule of 40 10% XXX 10% XXX XXX XXX
Bessemer Rule of X XXX XXX 39% XXX XXX XXX
Revenue per Employee XXX XXX $0.3M XXX XXX XXX
Opex per Employee XXX XXX $0.2M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 23% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX 24% XXX XXX XXX
Opex to Revenue XXX XXX 63% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Ncino Public Comps

See public comps and valuation multiples for Financial Services Software comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Allfunds Group XXX XXX XXX XXX XXX XXX
Bravura Solutions XXX XXX XXX XXX XXX XXX
Change Financial XXX XXX XXX XXX XXX XXX
Computershare XXX XXX XXX XXX XXX XXX
FINEOS 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.

Ncino M&A and Investment Activity

Ncino acquired  XXX companies to date.

Last acquisition by Ncino was  XXXXXXXX, XXXXX XXXXX XXXXXX . Ncino acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Ncino

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About Ncino

When was Ncino founded? Ncino was founded in 2011.
Where is Ncino headquartered? Ncino is headquartered in United States of America.
How many employees does Ncino have? As of today, Ncino has 1.8K+ employees.
Who is the CEO of Ncino? Ncino's CEO is Mr. Sean Desmond.
Is Ncino publicy listed? Yes, Ncino is a public company listed on NAS.
What is the stock symbol of Ncino? Ncino trades under NCNO ticker.
When did Ncino go public? Ncino went public in 2020.
Who are competitors of Ncino? Similar companies to Ncino include e.g. Allfunds Group, Bravura Solutions, Change Financial, Computershare.
What is the current market cap of Ncino? Ncino's current market cap is $3.1B
What is the current revenue of Ncino? Ncino's last 12 months revenue is $554M.
What is the current revenue growth of Ncino? Ncino revenue growth (NTM/LTM) is 8%.
What is the current EV/Revenue multiple of Ncino? Current revenue multiple of Ncino is 5.8x.
Is Ncino profitable? Yes, Ncino is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Ncino? Ncino's last 12 months EBITDA is $108M.
What is Ncino's EBITDA margin? Ncino's last 12 months EBITDA margin is 19%.
What is the current EV/EBITDA multiple of Ncino? Current EBITDA multiple of Ncino is 29.6x.
What is the current FCF of Ncino? Ncino's last 12 months FCF is $59.7M.
What is Ncino's FCF margin? Ncino's last 12 months FCF margin is 11%.
What is the current EV/FCF multiple of Ncino? Current FCF multiple of Ncino is 53.5x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.