🚀 VC round data is live in beta, check it out!

Nintendo Valuation Multiples

Discover revenue and EBITDA valuation multiples for Nintendo and similar public comparables like Garmin, Electronic Arts, NetEase, Roblox and more.

Nintendo Overview

About Nintendo

Nintendo started its video game console business in 1983 by launching the NES, and started its portable console business in 1989 by launching the Game Boy. Since then, the firm has focused on expanding the gaming population by delivering unique entertainment experiences on its original console systems. However, Nintendo not only makes game consoles, but also owns world-renowned IPs such as Super Mario, Pokemon, and Zelda, which have been a source of cash flow for 40 years.


Founded

1947

HQ

Japan

Employees

8.2K

Financials (LTM)

Revenue: $15B
EBITDA: $2B

EV

$48B

Valuation Multiples

Multiples.vc

Start free trial

Valuation Multiples for 15K+ Public Comps

AdidasAirbnbAmazonCiscoCoca-ColaDellDropboxIBMIntelMcDonaldsNikeNVIDIASamsungSpotifyTeslaToyota
Browse Valuation Multiples

Nintendo Financials

Nintendo reported last 12-month revenue of $15B and EBITDA of $2B.

In the same LTM period, Nintendo generated $6B in gross profit, $2B in EBITDA, and $3B in net income.

Revenue (LTM)


Nintendo P&L

In the most recent fiscal year, Nintendo reported revenue of $8B and EBITDA of $2B.

Nintendo expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Nintendo forward-looking valuation multiples
LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue$15BXXX$8BXXXXXXXXX
Gross Profit$6BXXX$4BXXXXXXXXX
Gross Margin40%XXX56%XXXXXXXXX
EBITDA$2BXXX$2BXXXXXXXXX
EBITDA Margin17%XXX26%XXXXXXXXX
EBIT Margin17%XXX24%XXXXXXXXX
Net Profit$3BXXX$2BXXXXXXXXX
Net Margin18%XXX24%XXXXXXXXX

Financial data powered by Morningstar, Inc.

Nintendo Stock Performance

Nintendo has current market cap of $63B, and enterprise value of $48B.

Market Cap Evolution


Nintendo's stock price is $54.31.

See Nintendo trading valuation data
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$48B$63B0.3%XXXXXXXXX$1.67

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.

Start Free Trial

Nintendo Valuation Multiples

Nintendo trades at 3.2x EV/Revenue multiple, and 19.4x EV/EBITDA.

See valuation multiples for Nintendo and 15K+ public comps

EV / Revenue (LTM)


Nintendo Financial Valuation Multiples

As of April 19, 2026, Nintendo has market cap of $63B and EV of $48B.

Equity research analysts estimate Nintendo's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Nintendo has a P/E ratio of 23.6x.

LTMNTMLast FYFY 2026FY 2027FY 2028
Market cap (current)$63BXXX$63BXXXXXXXXX
EV (current)$48BXXX$48BXXXXXXXXX
EV/Revenue3.2xXXX6.0xXXXXXXXXX
EV/EBITDA19.4xXXX23.4xXXXXXXXXX
EV/EBIT19.5xXXX24.7xXXXXXXXXX
EV/Gross Profit8.1xXXX10.8xXXXXXXXXX
P/E23.6xXXX32.6xXXXXXXXXX
EV/FCF17.2xXXX19.0xXXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Nintendo 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.

FactSetMorningstar
Start Free Trial

Nintendo Margins & Growth Rates

Nintendo's revenue in the last 12 month grew by 9%.

Nintendo's revenue per employee in the last FY averaged $1.0M, while opex per employee averaged $0.3M for the same period.

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

Nintendo's rule of X is 74% (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).

See operational valuation multiples for Nintendo and other 15K+ public comps

Nintendo Operational Valuation Multiples

LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue Growth9%XXX85%XXXXXXXXX
EBITDA Margin17%XXX26%XXXXXXXXX
EBITDA Growth22%XXX19%XXXXXXXXX
Rule of 40—XXX40%XXXXXXXXX
Bessemer Rule of X—XXX74%XXXXXXXXX
Revenue per Employee—XXX$1.0MXXXXXXXXX
Opex per Employee—XXX$0.3MXXXXXXXXX
S&M Expenses to Revenue6%XXX7%XXXXXXXXX
G&A Expenses to Revenue9%XXX17%XXXXXXXXX
R&D Expenses to Revenue7%XXX12%XXXXXXXXX
Opex to Revenue—XXX34%XXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

Nintendo Public Comps

See public comps and valuation multiples for other Gaming - Console & PC and Consumer Electronics comps.

EV/RevenueEV/EBITDA
LTM2026E2027ELTM2026E2027E
NintendoXXXXXXXXXXXXXXXXXX
GarminXXXXXXXXXXXXXXXXXX
Electronic ArtsXXXXXXXXXXXXXXXXXX
NetEaseXXXXXXXXXXXXXXXXXX
RobloxXXXXXXXXXXXXXXXXXX
PanasonicXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX

Valuation data powered by FactSet, Inc.

Nintendo M&A Activity

Nintendo acquired XXX companies to date.

Last acquisition by Nintendo was on XXXXXXXX, XXXXX. Nintendo acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

See M&A valuation multiples

Latest Acquisitions by Nintendo

Acquired CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.

Start Free Trial

Nintendo Investment Activity

Nintendo invested in XXX companies to date.

Nintendo made its latest investment on XXXXXXXX, XXXXX. Nintendo invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).

See VC round multiples

Latest Investments by Nintendo

CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

About Nintendo

When was Nintendo founded?Nintendo was founded in 1947.
Where is Nintendo headquartered?Nintendo is headquartered in Japan.
How many employees does Nintendo have?As of today, Nintendo has over 8K employees.
Is Nintendo publicly listed?Yes, Nintendo is a public company listed on Tokyo Stock Exchange.
What is the stock symbol of Nintendo?Nintendo trades under 7974 ticker.
When did Nintendo go public?Nintendo went public in 1983.
Who are competitors of Nintendo?Nintendo main competitors are Garmin, Electronic Arts, NetEase, Roblox.
What is the current market cap of Nintendo?Nintendo's current market cap is $63B.
What is the current revenue of Nintendo?Nintendo's last 12 months revenue is $15B.
What is the current revenue growth of Nintendo?Nintendo revenue growth (NTM/LTM) is 9%.
What is the current EV/Revenue multiple of Nintendo?Current revenue multiple of Nintendo is 3.2x.
Is Nintendo profitable?Yes, Nintendo is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Nintendo?Nintendo's last 12 months EBITDA is $2B.
What is Nintendo's EBITDA margin?Nintendo's last 12 months EBITDA margin is 17%.
What is the current EV/EBITDA multiple of Nintendo?Current EBITDA multiple of Nintendo is 19.4x.
What is the current FCF of Nintendo?Nintendo's last 12 months FCF is $3B.
What is Nintendo's FCF margin?Nintendo's last 12 months FCF margin is 19%.
What is the current EV/FCF multiple of Nintendo?Current FCF multiple of Nintendo is 17.2x.

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial