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Needs Well Valuation Multiples

Discover revenue and EBITDA valuation multiples for Needs Well and similar public comparables like Dotsoft, q.beyond, CSP Inc., Kapsch TrafficCom and more.

Needs Well Overview

About Needs Well

Needs Well Inc provides application development, cloud solutions, IT related products and services, system infrastructure service and IT outsourcing services. Its services support to the development of BtoC / BtoB systems, digital marketing related system, business system, and CMS using web technology.


Founded

1986

HQ

Japan

Employees

616

Financials (LTM)

Revenue: $65M
Net Income: $6M

EV

$86M

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Needs Well Financials

Needs Well reported last 12-month revenue of $65M.

In the same LTM period, Needs Well generated $6M in net income.

Revenue (LTM)


Needs Well P&L

In the most recent fiscal year, Needs Well reported revenue of $65M and EBITDA of $9M.

Needs Well is profitable as of last fiscal year, with gross margin of 22%, EBITDA margin of 14%, and net margin of 9%.

See analyst estimates for Needs Well
LTMLast FY202320242025202620272028
Revenue$65M$65M$56M$61M$63M
Gross Profit$14M$13M$14M$14M
Gross Margin22%23%23%23%
EBITDA$9M$8M$9M$9M
EBITDA Margin14%14%14%15%
EBIT Margin12%12%13%12%12%
Net Profit$6M$6M$5M$5M$6M
Net Margin9%9%9%9%9%

Financial data powered by Morningstar, Inc.

Needs Well Stock Performance

Needs Well has current market cap of $103M, and enterprise value of $86M.

Market Cap Evolution


Needs Well's stock price is $2.71.

Needs Well share price decreased by 4.3% in the last 30 days, and by 18.8% in the last year.

Needs Well has an EPS (earnings per share) of $0.15.

See more trading valuation data for Needs Well
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$86M$103M1.6%-4.3%-20.9%-18.8%$0.15

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Needs Well Valuation Multiples

Needs Well trades at 1.3x EV/Revenue multiple, and 9.4x EV/EBITDA.

See NTM and 2027E valuation multiples for Needs Well

EV / Revenue (LTM)


Needs Well Financial Valuation Multiples

As of May 20, 2026, Needs Well has market cap of $103M and EV of $86M.

Needs Well has a P/E ratio of 17.9x.

LTMLast FY202320242025202620272028
EV/Revenue1.3x1.3x1.5x1.4x1.4x
EV/EBITDA9.4x10.5x9.9x9.4x
EV/EBIT11.5x11.5x12.2x11.6x11.8x
EV/Gross Profit6.0x6.5x6.2x6.0x
P/E17.9x17.9x19.7x19.7x18.4x
EV/FCF18.1x16.8x27.9x18.1x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Needs Well 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.

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Needs Well Margins & Growth Rates

In the most recent fiscal year, Needs Well reported gross margin of 22%, EBITDA margin of 14%, and net margin of 9%.

See estimated margins and future growth rates for Needs Well

Needs Well Margins

Last FY20242025202720282029
Gross Margin22%23%23%
EBITDA Margin14%14%15%
EBIT Margin12%12%12%
Net Margin9%9%9%
FCF Margin7%5%8%

Needs Well Growth Rates

23/2424/2526/2727/2828/29
Revenue Growth8%4%
Gross Profit Growth4%4%
EBITDA Growth6%6%
EBIT Growth5%(2%)
Net Profit Growth(0%)7%
FCF Growth(40%)54%

Data powered by FactSet, Inc. and Morningstar, Inc.

Needs Well Operational KPIs

Needs Well's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.

Access forward-looking KPIs for Needs Well
Last FY202320242025202620272028
Revenue per Employee$0.1M
Opex per Employee$0.0M
G&A Expenses to Revenue2%2%2%2%
Opex to Revenue11%11%10%11%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Needs Well Competitors

Needs Well competitors include Dotsoft, q.beyond, CSP Inc., Kapsch TrafficCom, Digital Hearts Holdings, Purity Tech, Alithya Group, Allied, Spindox and Kody Technolab.

Most Needs Well public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Dotsoft3.7x10.0x
q.beyond0.3x0.3x4.6x5.5x
CSP Inc.1.3x(127.7x)
Kapsch TrafficCom0.2x0.2x2.8x3.9x
Digital Hearts Holdings0.4x0.4x5.8x4.0x
Purity Tech3.8x83.2x
Alithya Group0.5x0.5x4.9x5.2x
Allied0.1x1.3x

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About Needs Well

When was Needs Well founded?Needs Well was founded in 1986.
Where is Needs Well headquartered?Needs Well is headquartered in Japan.
How many employees does Needs Well have?As of today, Needs Well has over 616 employees.
Is Needs Well publicly listed?Yes, Needs Well is a public company listed on Tokyo Stock Exchange.
What is the stock symbol of Needs Well?Needs Well trades under 3992 ticker.
When did Needs Well go public?Needs Well went public in 2017.
Who are competitors of Needs Well?Needs Well main competitors include Dotsoft, q.beyond, CSP Inc., Kapsch TrafficCom, Digital Hearts Holdings, Purity Tech, Alithya Group, Allied, Spindox, Kody Technolab.
What is the current market cap of Needs Well?Needs Well's current market cap is $103M.
What is the current revenue of Needs Well?Needs Well's last 12 months revenue is $65M.
What is the current EV/Revenue multiple of Needs Well?Current revenue multiple of Needs Well is 1.3x.
Is Needs Well profitable?Yes, Needs Well is net-income-positive (as of the last 12 months).
What is the current net income of Needs Well?Needs Well's last 12 months net income is $6M.
How many companies Needs Well has acquired to date?Needs Well hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Needs Well has invested to date?Needs Well hasn't invested in any companies yet (or none have been disclosed publicly).

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