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Net Holding Valuation Multiples
Discover revenue and EBITDA valuation multiples for Net Holding and similar public comparables like On The Beach Group, Hanatour Service, eDreams ODIGEO, Lion Travel Service Co. and more.
Net Holding Overview
About Net Holding
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
Founded
1981
HQ
Employees
4.1K
Website
Sectors
Financials (FY)
EV
$385M
Net Holding Financials
Net Holding reported last fiscal year revenue of $558M and EBITDA of $198M.
In the same fiscal year, Net Holding generated $152M in gross profit, $198M in EBITDA, and $37M in net income.
Net Holding P&L
In the most recent fiscal year, Net Holding reported revenue of $558M and EBITDA of $198M.
Net Holding expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $558M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $152M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 27% | XXX | XXX | XXX |
| EBITDA | — | XXX | $198M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 35% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 17% | XXX | XXX | XXX |
| Net Profit | — | XXX | $37M | XXX | XXX | XXX |
| Net Margin | — | XXX | 7% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Net Holding Stock Performance
Net Holding has current market cap of $406M, and enterprise value of $385M.
Market Cap Evolution
Net Holding's stock price is $0.89.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $385M | $406M | -2.6% | XXX | XXX | XXX | $0.08 |
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Start Free TrialNet Holding Valuation Multiples
Net Holding trades at 0.7x EV/Revenue multiple, and 1.9x EV/EBITDA.
Net Holding Financial Valuation Multiples
As of April 21, 2026, Net Holding has market cap of $406M and EV of $385M.
Equity research analysts estimate Net Holding's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Net Holding has a P/E ratio of 10.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $406M | XXX | $406M | XXX | XXX | XXX |
| EV (current) | $385M | XXX | $385M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 1.9x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 4.1x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 2.5x | XXX | XXX | XXX |
| P/E | — | XXX | 10.9x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 11.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Net Holding 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.
Net Holding Margins & Growth Rates
Net Holding's revenue in the last fiscal year grew by 29%.
Net Holding's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.
Net Holding Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 29% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 35% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (4%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Net Holding Public Comps
See public comps and valuation multiples for other Travel Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Net Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| On The Beach Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Hanatour Service | XXX | XXX | XXX | XXX | XXX | XXX |
| eDreams ODIGEO | XXX | XXX | XXX | XXX | XXX | XXX |
| Lion Travel Service Co. | XXX | XXX | XXX | XXX | XXX | XXX |
| KNT-CT Holdings | 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.
Net Holding M&A Activity
Net Holding acquired XXX companies to date.
Last acquisition by Net Holding was on XXXXXXXX, XXXXX. Net Holding acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Net Holding
| 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 TrialNet Holding Investment Activity
Net Holding invested in XXX companies to date.
Net Holding made its latest investment on XXXXXXXX, XXXXX. Net Holding invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Net Holding
| 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 Net Holding
| When was Net Holding founded? | Net Holding was founded in 1981. |
| Where is Net Holding headquartered? | Net Holding is headquartered in Turkey. |
| How many employees does Net Holding have? | As of today, Net Holding has over 4K employees. |
| Is Net Holding publicly listed? | Yes, Net Holding is a public company listed on Borsa Istanbul. |
| What is the stock symbol of Net Holding? | Net Holding trades under NTHOL ticker. |
| When did Net Holding go public? | Net Holding went public in 1989. |
| Who are competitors of Net Holding? | Net Holding main competitors are On The Beach Group, Hanatour Service, eDreams ODIGEO, Lion Travel Service Co.. |
| What is the current market cap of Net Holding? | Net Holding's current market cap is $406M. |
| What is the current revenue of Net Holding? | Net Holding's last fiscal year revenue is $558M. |
| What is the current EV/Revenue multiple of Net Holding? | Current revenue multiple of Net Holding is 0.7x. |
| Is Net Holding profitable? | No, Net Holding is not profitable. |
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