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NFON Valuation Multiples
Discover revenue and EBITDA valuation multiples for NFON and similar public comparables like Dish TV India, FingerMotion, Teleste, PHarol SGPS and more.
NFON Overview
About NFON
NFON AG is a provider of integrated business communication in Europe. The company generates the majority of its revenue with cloud-based telecommunications services for corporate customers. The company provides services in the following areas, 1) Business communication which includes Telephony, video calls, screen sharing, and the associated hardware components; 2) Integration includes the company's cloud telephony system is integrated into customers’ existing systems, business processes, and workflows; 3) Customer contact includes Products to optimize customer contact; 4) Enablement includes preparation of companies for the cloud and making sure that companies have the right infrastructure at their disposal.
Founded
2007
HQ

Employees
453
Website
Sectors
Financials (LTM)
EV
$71M
NFON Financials
NFON reported last 12-month revenue of $107M and EBITDA of $15M.
In the same LTM period, NFON generated $15M in EBITDA and $2M in net income.
Revenue (LTM)
NFON P&L
In the most recent fiscal year, NFON reported revenue of $103M and EBITDA of $14M.
NFON expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $107M | XXX | $103M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $51M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 50% | XXX | XXX | XXX |
| EBITDA | $15M | XXX | $14M | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 14% | XXX | XXX | XXX |
| EBIT Margin | 5% | XXX | 3% | XXX | XXX | XXX |
| Net Profit | $2M | XXX | $838K | XXX | XXX | XXX |
| Net Margin | 2% | XXX | 1% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
NFON Stock Performance
NFON has current market cap of $67M, and enterprise value of $71M.
Market Cap Evolution
NFON's stock price is $4.05.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $71M | $67M | 3.9% | XXX | XXX | XXX | $0.05 |
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Start Free TrialNFON Valuation Multiples
NFON trades at 0.7x EV/Revenue multiple, and 4.7x EV/EBITDA.
EV / Revenue (LTM)
NFON Financial Valuation Multiples
As of April 16, 2026, NFON has market cap of $67M and EV of $71M.
Equity research analysts estimate NFON's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
NFON has a P/E ratio of 34.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $67M | XXX | $67M | XXX | XXX | XXX |
| EV (current) | $71M | XXX | $71M | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 4.7x | XXX | 5.1x | XXX | XXX | XXX |
| EV/EBIT | 14.4x | XXX | 20.1x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 1.4x | XXX | XXX | XXX |
| P/E | 34.1x | XXX | 80.0x | XXX | XXX | XXX |
| EV/FCF | 11.8x | XXX | 9.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified NFON 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.


NFON Margins & Growth Rates
NFON's revenue in the last 12 month grew by 5%.
NFON's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
NFON's rule of 40 is 18% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
NFON's rule of X is 24% (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).
NFON Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 14% | XXX | 14% | XXX | XXX | XXX |
| EBITDA Growth | 1% | XXX | 8% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 18% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 24% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 18% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 5% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 46% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
NFON Public Comps
See public comps and valuation multiples for other Telecom Service Providers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| NFON | XXX | XXX | XXX | XXX | XXX | XXX |
| Dish TV India | XXX | XXX | XXX | XXX | XXX | XXX |
| FingerMotion | XXX | XXX | XXX | XXX | XXX | XXX |
| Teleste | XXX | XXX | XXX | XXX | XXX | XXX |
| PHarol SGPS | XXX | XXX | XXX | XXX | XXX | XXX |
| OnMobile Global | 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.
NFON M&A Activity
NFON acquired XXX companies to date.
Last acquisition by NFON was on XXXXXXXX, XXXXX. NFON acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by NFON
| 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 TrialNFON Investment Activity
NFON invested in XXX companies to date.
NFON made its latest investment on XXXXXXXX, XXXXX. NFON invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by NFON
| 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 NFON
| When was NFON founded? | NFON was founded in 2007. |
| Where is NFON headquartered? | NFON is headquartered in Germany. |
| How many employees does NFON have? | As of today, NFON has over 453 employees. |
| Is NFON publicly listed? | Yes, NFON is a public company listed on Frankfurt Stock Exchange. |
| What is the stock symbol of NFON? | NFON trades under NFN ticker. |
| When did NFON go public? | NFON went public in 2018. |
| Who are competitors of NFON? | NFON main competitors are Dish TV India, FingerMotion, Teleste, PHarol SGPS. |
| What is the current market cap of NFON? | NFON's current market cap is $67M. |
| What is the current revenue of NFON? | NFON's last 12 months revenue is $107M. |
| What is the current revenue growth of NFON? | NFON revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of NFON? | Current revenue multiple of NFON is 0.7x. |
| Is NFON profitable? | Yes, NFON is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of NFON? | NFON's last 12 months EBITDA is $15M. |
| What is NFON's EBITDA margin? | NFON's last 12 months EBITDA margin is 14%. |
| What is the current EV/EBITDA multiple of NFON? | Current EBITDA multiple of NFON is 4.7x. |
| What is the current FCF of NFON? | NFON's last 12 months FCF is $6M. |
| What is NFON's FCF margin? | NFON's last 12 months FCF margin is 6%. |
| What is the current EV/FCF multiple of NFON? | Current FCF multiple of NFON is 11.8x. |
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