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Newsmax Valuation Multiples
Discover revenue and EBITDA valuation multiples for Newsmax and similar public comparables like Zee Entertainment, Huawen Media Group, Huayi Brothers, Hubei Radio & Television and more.
Newsmax Overview
About Newsmax
Newsmax Inc is a multi-platform media company. The company provides original news and lifestyle updates from its linear cable television and over-the-top (OTT) news channels, websites, proprietary database, publishing products, and e-commerce products. The Company uses original news and editorial content to draw large numbers of readers to its media outlets to sell advertising, print, and online information products. The Companyβs business operations are conducted through two operating segments, Broadcasting and Digital. The company generates maximum revenue from the Broadcasting Segment.
Founded
1998
HQ

Employees
400
Website
Sectors
Financials (LTM)
EV
$710M
Newsmax Financials
Newsmax reported last 12-month revenue of $195M and negative EBITDA of ($6M).
In the same LTM period, Newsmax generated $78M in gross profit, ($6M) in EBITDA losses, and had net loss of ($76M).
Revenue (LTM)
Newsmax P&L
In the most recent fiscal year, Newsmax reported revenue of $189M and EBITDA of ($7M).
Newsmax expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $195M | XXX | $189M | XXX | XXX | XXX |
| Gross Profit | $78M | XXX | $74M | XXX | XXX | XXX |
| Gross Margin | 40% | XXX | 39% | XXX | XXX | XXX |
| EBITDA | ($6M) | XXX | ($7M) | XXX | XXX | XXX |
| EBITDA Margin | (3%) | XXX | (3%) | XXX | XXX | XXX |
| EBIT Margin | (40%) | XXX | (53%) | XXX | XXX | XXX |
| Net Profit | ($76M) | XXX | ($99M) | XXX | XXX | XXX |
| Net Margin | (39%) | XXX | (53%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Newsmax Stock Performance
Newsmax has current market cap of $835M, and enterprise value of $710M.
Market Cap Evolution
Newsmax's stock price is $6.47.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $710M | $835M | 0.0% | XXX | XXX | XXX | $-0.77 |
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Start Free TrialNewsmax Valuation Multiples
Newsmax trades at 3.6x EV/Revenue multiple, and (121.9x) EV/EBITDA.
EV / Revenue (LTM)
Newsmax Financial Valuation Multiples
As of April 2, 2026, Newsmax has market cap of $835M and EV of $710M.
Equity research analysts estimate Newsmax's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Newsmax has a P/E ratio of (11.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $835M | XXX | $835M | XXX | XXX | XXX |
| EV (current) | $710M | XXX | $710M | XXX | XXX | XXX |
| EV/Revenue | 3.6x | XXX | 3.8x | XXX | XXX | XXX |
| EV/EBITDA | (121.9x) | XXX | (109.3x) | XXX | XXX | XXX |
| EV/EBIT | (9.1x) | XXX | (7.1x) | XXX | XXX | XXX |
| EV/Gross Profit | 9.1x | XXX | 9.5x | XXX | XXX | XXX |
| P/E | (11.0x) | XXX | (8.4x) | XXX | XXX | XXX |
| EV/FCF | (8.8x) | XXX | (6.6x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Newsmax 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.


Newsmax Margins & Growth Rates
Newsmax's revenue in the last 12 month grew by 11%.
Newsmax's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.4M for the same period.
Newsmax's rule of 40 is 11% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Newsmax's rule of X is 30% (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).
Newsmax Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | (3%) | XXX | (3%) | XXX | XXX | XXX |
| EBITDA Growth | (69%) | XXX | (42%) | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 11% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 30% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | β | XXX | 11% | XXX | XXX | XXX |
| G&A Expenses to Revenue | β | XXX | 79% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 92% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Newsmax Public Comps
See public comps and valuation multiples for other TV Broadcasting comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Zee Entertainment | XXX | XXX | XXX | XXX | XXX | XXX |
| Huawen Media Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Huayi Brothers | XXX | XXX | XXX | XXX | XXX | XXX |
| Hubei Radio & Television | XXX | XXX | XXX | XXX | XXX | XXX |
| TV Tokyo 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.
Newsmax M&A Activity
Newsmax acquired XXX companies to date.
Last acquisition by Newsmax was on XXXXXXXX, XXXXX. Newsmax acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Newsmax
| 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 |
Get Verified M&A Valuation Multiples
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Start Free TrialNewsmax Investment Activity
Newsmax invested in XXX companies to date.
Newsmax made its latest investment on XXXXXXXX, XXXXX. Newsmax invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Newsmax
| 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 Newsmax
| When was Newsmax founded? | Newsmax was founded in 1998. |
| Where is Newsmax headquartered? | Newsmax is headquartered in United States. |
| How many employees does Newsmax have? | As of today, Newsmax has over 400 employees. |
| Who is the CEO of Newsmax? | Newsmax's CEO is Christopher Ruddy. |
| Is Newsmax publicly listed? | Yes, Newsmax is a public company listed on NYSE. |
| What is the stock symbol of Newsmax? | Newsmax trades under NMAX ticker. |
| When did Newsmax go public? | Newsmax went public in 2025. |
| Who are competitors of Newsmax? | Newsmax main competitors are Zee Entertainment, Huawen Media Group, Huayi Brothers, Hubei Radio & Television. |
| What is the current market cap of Newsmax? | Newsmax's current market cap is $835M. |
| What is the current revenue of Newsmax? | Newsmax's last 12 months revenue is $195M. |
| What is the current revenue growth of Newsmax? | Newsmax revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of Newsmax? | Current revenue multiple of Newsmax is 3.6x. |
| Is Newsmax profitable? | No, Newsmax is not profitable. |
| What is the current EBITDA of Newsmax? | Newsmax has negative EBITDA and is not profitable. |
| What is Newsmax's EBITDA margin? | Newsmax's last 12 months EBITDA margin is (3%). |
| What is the current EV/EBITDA multiple of Newsmax? | Current EBITDA multiple of Newsmax is (121.9x). |
| What is the current FCF of Newsmax? | Newsmax's last 12 months FCF is ($81M). |
| What is Newsmax's FCF margin? | Newsmax's last 12 months FCF margin is (41%). |
| What is the current EV/FCF multiple of Newsmax? | Current FCF multiple of Newsmax is (8.8x). |
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