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Neurones Valuation Multiples

Discover revenue and EBITDA valuation multiples for Neurones and similar public comparables like DTS, Tata Teleservices, Birlasoft, Sonaecom and more.

Neurones Overview

About Neurones

Neurones SA is a France-based technology sector company. Its core business involves the provision of Information Technology (IT) services catering to the needs of hardware, software, and consulting. Its operations are thereby divided into three segments: Infrastructure Services, Application Services, and Consulting. The Infrastructure segment is the strongest revenue driver through the provision of such services as IT operations, IT service management, systems and network, server, application, and workstation outsourcing. Its second profitable business is carried out through the Application segment, which entails SAP, Web and decision support, social media, data analysis.


Founded

1984

HQ

France

Employees

7.1K

Financials (LTM)

Revenue: $1B
EBITDA: $113M

EV

$624M

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Neurones Financials

Neurones reported last 12-month revenue of $1B and EBITDA of $113M.

In the same LTM period, Neurones generated $113M in EBITDA and $63M in net income.

Revenue (LTM)


Neurones P&L

In the most recent fiscal year, Neurones reported revenue of $992M and EBITDA of $123M.

Neurones is profitable as of last fiscal year, with gross margin of 63%, EBITDA margin of 12%, and net margin of 6%.

See analyst estimates for Neurones
LTMLast FY202320242025202620272028
Revenue$1B$992M$858M$938M$992M
Gross Profit-$627M$529M$586M$627M
Gross Margin-63%62%62%63%
EBITDA$113M$123M$115M$125M$123M
EBITDA Margin11%12%13%13%12%
EBIT Margin9%9%10%10%9%
Net Profit$63M$60M$57M$61M$60M
Net Margin6%6%7%6%6%

Financial data powered by Morningstar, Inc.

Neurones Stock Performance

Neurones has current market cap of $976M, and enterprise value of $624M.

Market Cap Evolution


Neurones' stock price is $40.87.

Neurones share price decreased by 10.1% in the last 30 days, and by 21.2% in the last year.

Neurones has an EPS (earnings per share) of $2.52.

See more trading valuation data for Neurones
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$624M$976M0.4%-10.1%-2.7%-21.2%$2.52

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Neurones Valuation Multiples

Neurones trades at 0.6x EV/Revenue multiple, and 5.5x EV/EBITDA.

See NTM and 2027E valuation multiples for Neurones

EV / Revenue (LTM)


Neurones Financial Valuation Multiples

As of June 14, 2026, Neurones has market cap of $976M and EV of $624M.

Neurones has a P/E ratio of 15.6x.

LTMLast FY202320242025202620272028
EV/Revenue0.6x0.6x0.7x0.7x0.6x
EV/EBITDA5.5x5.1x5.5x5.0x5.1x
EV/EBIT6.9x7.1x7.2x6.9x7.1x
EV/Gross Profit-1.0x1.2x1.1x1.0x
P/E15.6x16.2x17.1x16.0x16.2x
EV/FCF-8.9x10.0x7.5x8.9x

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

Verified Neurones 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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Neurones Margins & Growth Rates

Neurones grew revenue by 5% but EBITDA decreased by 4% in the last fiscal year.

In the most recent fiscal year, Neurones reported gross margin of 63%, EBITDA margin of 12%, and net margin of 6%.

See estimated margins and future growth rates for Neurones

Neurones Margins

Last FY202420252026202720282029
Gross Margin63%62%63%-
EBITDA Margin12%13%12%11%
EBIT Margin9%10%9%9%
Net Margin6%6%6%6%
FCF Margin7%9%7%-

Neurones Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth5%9%6%5%
Gross Profit Growth-11%7%-
EBITDA Growth(4%)9%(1%)(4%)
EBIT Growth7%4%(3%)7%
Net Profit Growth9%6%(1%)9%
FCF Growth-34%(16%)-

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

Neurones Operational KPIs

Neurones' revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.1M for the same period.

Neurones' Rule of 40 is 17% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Neurones' Rule of X is 25% (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).

Access forward-looking KPIs for Neurones
LTMLast FY202320242025202620272028
Rule of 4017%17%---
Bessemer Rule of X25%25%---
Revenue per Employee-$0.1M---
Opex per Employee-$0.1M---
Opex to Revenue-54%51%53%54%

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

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Neurones Competitors

Neurones competitors include DTS, Tata Teleservices, Birlasoft, Sonaecom, Shift, Net263, Systena, Asseco SEE, Data#3 and Quest Holdings.

Most Neurones public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
DTS1.0x0.9x7.7x-
Tata Teleservices24.3x-21.7x-
Birlasoft1.2x1.2x7.3x7.5x
Sonaecom40.1x-15.0x-
Shift1.2x1.1x8.3x7.8x
Net2638.2x-(37.0x)-
Systena1.4x1.2x9.4x-
Asseco SEE1.7x1.6x8.4x8.2x

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About Neurones

When was Neurones founded?Neurones was founded in 1984.
Where is Neurones headquartered?Neurones is headquartered in France.
How many employees does Neurones have?As of today, Neurones has over 7K employees.
Who is the CEO of Neurones?Neurones' CEO is Luc de Chammard.
Is Neurones publicly listed?Yes, Neurones is a public company listed on Euronext Paris.
What is the stock symbol of Neurones?Neurones trades under NRO ticker.
When did Neurones go public?Neurones went public in 2000.
Who are competitors of Neurones?Neurones main competitors include DTS, Tata Teleservices, Birlasoft, Sonaecom, Shift, Net263, Systena, Asseco SEE, Data#3, Quest Holdings.
What is the current market cap of Neurones?Neurones' current market cap is $976M.
What is the current revenue of Neurones?Neurones' last 12 months revenue is $1B.
What is the current revenue growth of Neurones?Neurones revenue growth (NTM/LTM) is 6%.
What is the current EV/Revenue multiple of Neurones?Current revenue multiple of Neurones is 0.6x.
What is the current EBITDA of Neurones?Neurones' last 12 months EBITDA is $113M.
What is Neurones' EBITDA margin?Neurones' last 12 months EBITDA margin is 11%.
What is the current EV/EBITDA multiple of Neurones?Current EBITDA multiple of Neurones is 5.5x.
How many companies Neurones has acquired to date?Neurones hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Neurones has invested to date?Neurones hasn't invested in any companies yet (or none have been disclosed publicly).

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