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NIS Valuation Multiples
Discover revenue and EBITDA valuation multiples for NIS and similar public comparables like Nabors Industries, Tsakos Energy Navigation, WaterBridge Infrastructure, Teekay and more.
NIS Overview
About NIS
NIS AD is vertically-integrated energy company operating in Serbia. It engages in the exploration, production, and development of crude oil and gas as well as the production of refined petroleum products, petroleum products and gas trading and electric generation and trading. NIS operates through two segments namely Upstream and Downstream. The Upstream segment includes exploration, development, and production of crude oil and natural gas and oil field services whereas the Downstream segment includes refining and marketing, processing of crude oil into refined products and purchases, sale and transport of crude and refined petroleum products. The company's products are compressed natural gas, motor fuels, energy fuels, oils and lubricants, petrochemical products, and other products.
Founded
2005
HQ

Employees
12.2K
Website
Sectors
Financials (FY)
EV
$1B
NIS Financials
NIS reported last fiscal year revenue of $3B and EBITDA of $257M.
In the same fiscal year, NIS generated $415M in gross profit, $257M in EBITDA, and had net loss of ($44M).
NIS P&L
In the most recent fiscal year, NIS reported revenue of $3B and EBITDA of $257M.
NIS expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $415M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 15% | XXX | XXX | XXX |
| EBITDA | — | XXX | $257M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 9% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | (1%) | XXX | XXX | XXX |
| Net Profit | — | XXX | ($44M) | XXX | XXX | XXX |
| Net Margin | — | XXX | (2%) | XXX | XXX | XXX |
| Net Debt | — | — | $169M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
NIS Stock Performance
NIS has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
NIS's stock price is $6.89.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | -1.7% | XXX | XXX | XXX | $-0.27 |
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Start Free TrialNIS Valuation Multiples
NIS trades at 0.5x EV/Revenue multiple, and 5.4x EV/EBITDA.
NIS Financial Valuation Multiples
As of April 2, 2026, NIS has market cap of $1B and EV of $1B.
Equity research analysts estimate NIS's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
NIS has a P/E ratio of (25.3x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 0.5x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 5.4x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | (39.3x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 3.4x | XXX | XXX | XXX |
| P/E | — | XXX | (25.3x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | 12.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified NIS 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.


NIS Margins & Growth Rates
NIS's revenue in the last fiscal year declined by (29%).
NIS's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.
NIS Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | (29%) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 9% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 48% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 3% | XXX | XXX | XXX |
| R&D Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 16% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
NIS Public Comps
See public comps and valuation multiples for other Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Nabors Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| Tsakos Energy Navigation | XXX | XXX | XXX | XXX | XXX | XXX |
| WaterBridge Infrastructure | XXX | XXX | XXX | XXX | XXX | XXX |
| Teekay | XXX | XXX | XXX | XXX | XXX | XXX |
| Kosmos Energy | 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.
NIS M&A Activity
NIS acquired XXX companies to date.
Last acquisition by NIS was on XXXXXXXX, XXXXX. NIS acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by NIS
| 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 TrialNIS Investment Activity
NIS invested in XXX companies to date.
NIS made its latest investment on XXXXXXXX, XXXXX. NIS invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by NIS
| 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 NIS
| When was NIS founded? | NIS was founded in 2005. |
| Where is NIS headquartered? | NIS is headquartered in Serbia. |
| How many employees does NIS have? | As of today, NIS has over 12K employees. |
| Is NIS publicly listed? | Yes, NIS is a public company listed on Belgrade Stock Exchange. |
| What is the stock symbol of NIS? | NIS trades under NIIS ticker. |
| When did NIS go public? | NIS went public in 2010. |
| Who are competitors of NIS? | NIS main competitors are Nabors Industries, Tsakos Energy Navigation, WaterBridge Infrastructure, Teekay. |
| What is the current market cap of NIS? | NIS's current market cap is $1B. |
| What is the current revenue of NIS? | NIS's last fiscal year revenue is $3B. |
| What is the current EV/Revenue multiple of NIS? | Current revenue multiple of NIS is 0.5x. |
| Is NIS profitable? | No, NIS is not profitable. |
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