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PowerFleet Valuation Multiples
Discover revenue and EBITDA valuation multiples for PowerFleet and similar public comparables like Gemtek Technology, INIT SE, Ependion, IVU Traffic Technologies and more.
PowerFleet Overview
About PowerFleet
PowerFleet Inc is engaged in Internet-of-Things (IoT) solutions providing valuable business intelligence for managing high-value enterprise assets that improve operational efficiencies. It provide critical information that powers unified operations throughout organizations. It is solving the challenge of inefficient data collection, real-time visibility, and analysis that leads to transformative business operations. Its SaaS cloud-based applications take data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customer.
Founded
2019
HQ

Employees
2.5K
Website
Financials (LTM)
EV
$720M
PowerFleet Financials
PowerFleet reported last 12-month revenue of $444M and EBITDA of $99M.
In the same LTM period, PowerFleet generated $265M in gross profit, $99M in EBITDA, and had net loss of ($17M).
Revenue (LTM)
PowerFleet P&L
In the most recent fiscal year, PowerFleet reported revenue of $363M and EBITDA of $71M.
PowerFleet expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $444M | XXX | $363M | XXX | XXX | XXX |
| Gross Profit | $265M | XXX | $195M | XXX | XXX | XXX |
| Gross Margin | 60% | XXX | 54% | XXX | XXX | XXX |
| EBITDA | $99M | XXX | $71M | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 20% | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | (7%) | XXX | XXX | XXX |
| Net Profit | ($17M) | XXX | ($51M) | XXX | XXX | XXX |
| Net Margin | (4%) | XXX | (14%) | XXX | XXX | XXX |
| Net Debt | — | — | $229M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
PowerFleet Stock Performance
PowerFleet has current market cap of $461M, and enterprise value of $720M.
Market Cap Evolution
PowerFleet's stock price is $3.43.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $720M | $461M | 3.5% | XXX | XXX | XXX | $-0.38 |
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Start Free TrialPowerFleet Valuation Multiples
PowerFleet trades at 1.6x EV/Revenue multiple, and 7.3x EV/EBITDA.
EV / Revenue (LTM)
PowerFleet Financial Valuation Multiples
As of April 18, 2026, PowerFleet has market cap of $461M and EV of $720M.
Equity research analysts estimate PowerFleet's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
PowerFleet has a P/E ratio of (27.4x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $461M | XXX | $461M | XXX | XXX | XXX |
| EV (current) | $720M | XXX | $720M | XXX | XXX | XXX |
| EV/Revenue | 1.6x | XXX | 2.0x | XXX | XXX | XXX |
| EV/EBITDA | 7.3x | XXX | 10.1x | XXX | XXX | XXX |
| EV/EBIT | 43.0x | XXX | (27.8x) | XXX | XXX | XXX |
| EV/Gross Profit | 2.7x | XXX | 3.7x | XXX | XXX | XXX |
| P/E | (27.4x) | XXX | (9.0x) | XXX | XXX | XXX |
| EV/FCF | (211.9x) | XXX | (19.5x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified PowerFleet 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.


PowerFleet Margins & Growth Rates
PowerFleet's revenue in the last 12 month grew by 9%.
PowerFleet's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.1M for the same period.
PowerFleet's rule of 40 is 36% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
PowerFleet's rule of X is 54% (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).
PowerFleet Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | 22% | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 20% | XXX | XXX | XXX |
| EBITDA Growth | 25% | XXX | 37% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 36% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 54% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| R&D Expenses to Revenue | 4% | XXX | 4% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 61% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
PowerFleet Public Comps
See public comps and valuation multiples for other IoT and Transportation & Logistics Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| PowerFleet | XXX | XXX | XXX | XXX | XXX | XXX |
| Gemtek Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| INIT SE | XXX | XXX | XXX | XXX | XXX | XXX |
| Ependion | XXX | XXX | XXX | XXX | XXX | XXX |
| IVU Traffic Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Tecsys | 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.
PowerFleet M&A Activity
PowerFleet acquired XXX companies to date.
Last acquisition by PowerFleet was on XXXXXXXX, XXXXX. PowerFleet acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by PowerFleet
| 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 TrialPowerFleet Investment Activity
PowerFleet invested in XXX companies to date.
PowerFleet made its latest investment on XXXXXXXX, XXXXX. PowerFleet invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by PowerFleet
| 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 PowerFleet
| When was PowerFleet founded? | PowerFleet was founded in 2019. |
| Where is PowerFleet headquartered? | PowerFleet is headquartered in United States. |
| How many employees does PowerFleet have? | As of today, PowerFleet has over 2K employees. |
| Who is the CEO of PowerFleet? | PowerFleet's CEO is Steve Towe. |
| Is PowerFleet publicly listed? | Yes, PowerFleet is a public company listed on Nasdaq. |
| What is the stock symbol of PowerFleet? | PowerFleet trades under AIOT ticker. |
| When did PowerFleet go public? | PowerFleet went public in 1999. |
| Who are competitors of PowerFleet? | PowerFleet main competitors are Gemtek Technology, INIT SE, Ependion, IVU Traffic Technologies. |
| What is the current market cap of PowerFleet? | PowerFleet's current market cap is $461M. |
| What is the current revenue of PowerFleet? | PowerFleet's last 12 months revenue is $444M. |
| What is the current revenue growth of PowerFleet? | PowerFleet revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of PowerFleet? | Current revenue multiple of PowerFleet is 1.6x. |
| Is PowerFleet profitable? | Yes, PowerFleet is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of PowerFleet? | PowerFleet's last 12 months EBITDA is $99M. |
| What is PowerFleet's EBITDA margin? | PowerFleet's last 12 months EBITDA margin is 22%. |
| What is the current EV/EBITDA multiple of PowerFleet? | Current EBITDA multiple of PowerFleet is 7.3x. |
| What is the current FCF of PowerFleet? | PowerFleet's last 12 months FCF is ($3M). |
| What is PowerFleet's FCF margin? | PowerFleet's last 12 months FCF margin is (1%). |
| What is the current EV/FCF multiple of PowerFleet? | Current FCF multiple of PowerFleet is (211.9x). |
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