q.beyond Valuation Multiples

q.beyond is valued at $82M as of October 2026, a 0.3x revenue multiple. In the last 12 months, q.beyond revenue was $199M and q.beyond EBITDA was $3M.

q.beyond Overview

About q.beyond

q.beyond is a Cologne-based German information technology and communications services company formerly known as QSC. It supplies managed cloud, application, data-center, Internet and workplace services to business customers. The historical QSC business built a national digital subscriber line network and sold broadband, voice and data connectivity. Customers include medium-sized companies and organizations that outsource communications infrastructure or digital operations. Revenue is generated from recurring service contracts, connectivity subscriptions and usage-based telecommunications services. QSC acquired a majority in Broadnet in 2006 and later merged the companies, expanding its business broadband network before the group adopted the q.beyond name.


Founded

1997

HQ

Germany

Employees

1.1K

Website

qbeyond.de

Financials (LTM)

Revenue: $199M
EBITDA: $3M

EV

$51M

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q.beyond Financials

q.beyond reported last 12-month revenue of $199M and EBITDA of $3M.

In the same LTM period, q.beyond generated $32M in gross profit, $3M in EBITDA, and had net loss of ($6M).

Revenue (LTM)


q.beyond P&L

In the most recent fiscal year, q.beyond reported revenue of $205M and EBITDA of $14M.

q.beyond is profitable as of last fiscal year, with gross margin of 14%, EBITDA margin of 7%, and net margin of 1%.

See analyst estimates for q.beyond
LTMLast FY202320242025202620272028
Revenue$199M$205M$220M$224M$205M
Gross Profit$32M$29M$20M$27M$29M
Gross Margin16%14%9%12%14%
EBITDA$3M$14M$3M$8M$14M
EBITDA Margin2%7%1%4%7%
EBIT Margin(4%)(1%)(9%)(1%)(1%)
Net Profit($6M)$2M($20M)($6M)$2M
Net Margin(3%)1%(9%)(3%)1%
Net Debt-($33M)---

Financial data powered by Morningstar, Inc.

q.beyond Stock Performance

q.beyond has current market cap of $82M, and enterprise value of $51M.

Market Cap Evolution


q.beyond's stock price is $3.30.

q.beyond share price decreased by 15.7% in the last 30 days, and by 33.2% in the last year.

q.beyond has an EPS (earnings per share) of $0.07.

See more trading valuation data for q.beyond
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$51M$82M3.5%-15.7%-18.4%-33.2%$0.07

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q.beyond Valuation Multiples

q.beyond trades at 0.3x EV/Revenue multiple, and 15.7x EV/EBITDA.

See NTM and 2027E valuation multiples for q.beyond

EV / Revenue (LTM)


q.beyond Financial Valuation Multiples

As of October 27, 2026, q.beyond has market cap of $82M and EV of $51M.

q.beyond has a P/E ratio of (12.7x).

LTMLast FY202320242025202620272028
EV/Revenue0.3x0.2x0.2x0.2x0.2x
EV/EBITDA15.7x3.7x19.4x6.2x3.7x
EV/EBIT(6.8x)(22.6x)(2.6x)(15.3x)(22.6x)
EV/Gross Profit1.6x1.8x2.6x1.9x1.8x
P/E(12.7x)49.5x(4.0x)(14.3x)49.5x
EV/FCF(7.2x)41.4x11.3x6.3x41.4x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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q.beyond Margins & Growth Rates

q.beyond decreased revenue by 4% and EBITDA by 91% in the last fiscal year.

In the most recent fiscal year, q.beyond reported gross margin of 14%, EBITDA margin of 7%, and net margin of 1%.

See estimated margins and future growth rates for q.beyond

q.beyond Margins

Last FY202420252026202720282029
Gross Margin14%12%14%15%
EBITDA Margin7%4%7%1%
EBIT Margin(1%)(1%)(1%)(5%)
Net Margin1%(3%)1%(4%)
FCF Margin1%4%1%(5%)

q.beyond Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(4%)2%(8%)(4%)
Gross Profit Growth6%40%5%6%
EBITDA Growth(91%)211%69%(91%)
EBIT Growth325%(83%)(32%)325%
Net Profit Growth(599%)(72%)(129%)(599%)
FCF Growth(896%)78%(85%)(896%)

Data powered by FactSet, Inc. and Morningstar, Inc.

q.beyond Operational KPIs

q.beyond's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.

q.beyond's Rule of 40 is (3%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

q.beyond's Rule of X is (8%) (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).

Access forward-looking KPIs for q.beyond
LTMLast FY202320242025202620272028
Rule of 406%(3%)---
Bessemer Rule of X12%(8%)---
Revenue per Employee-$0.2M---
Opex per Employee-$0.0M---
S&M Expenses to Revenue8%7%8%6%7%
G&A Expenses to Revenue8%8%10%8%8%
R&D Expenses to Revenue0%0%--0%
Opex to Revenue-15%18%14%15%

Data powered by FactSet, Inc. and Morningstar, Inc.

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q.beyond Competitors

q.beyond competitors include Micware, Matica Fintec, Bharat Global Developers, Atturra, Purity Tech, Ubicom Holdings, Telelink Business Services, Cenit, Access and Leishen Energy Holding.

Most q.beyond public comparables operate across IT Consulting.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Micware$139M$25M0.7x-3.6x-
Matica Fintec$47M$4M2.7x1.5x32.8x10.2x
Bharat Global Developers$3M$1K33.2x-64202.8x-
Atturra$243M($2M)0.3x0.3x(36.2x)3.4x
Purity Tech$25M$1M3.4x-74.6x-
Ubicom Holdings$38M$9M1.6x1.4x6.3x5.5x
Telelink Business Services$171M$16M0.5x0.5x5.3x5.5x
Cenit$235M$11M0.4x0.4x9.2x5.2x

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Acquisitions by q.beyond

q.beyond has acquired 1 company to date.

Last acquisition by q.beyond was on June 7th 2006. q.beyond acquired Broadnet Mediascape Communications for undisclosed valuation.

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Latest Acquisitions by q.beyond

Broadnet Mediascape Communications
Description
Broadnet Mediascape Communications was a Hamburg-based German telecommunications company providing broadband connections to business customers. Its network combined fixed wireless access with digital subscriber line technology to connect customer premises to communications services. The company expanded its German operating network through the acquisitions of Broadnet Deutschland and the Minden Internet provider KKF.net during 2002. These acquisitions added broadband customers and complementary infrastructure, including DSL sites and a backbone network. At the end of 2002 the combined company reported approximately 5,560 business customers and 5,267 customer connections. The business earned revenue from providing connectivity and related telecommunications services rather than manufacturing communications equipment. It reported revenue of approximately EUR15.6 million for 2002 and continued integrating the acquired networks and customer operations into its German broadband business.
HQ CountryGermany
HQ City
-
Deal Date7 Jun 2006
Valuationundisclosed
EV/Revenue
EV/EBITDA

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About q.beyond

When was q.beyond founded?q.beyond was founded in 1997.
Where is q.beyond headquartered?q.beyond is headquartered in Germany.
How many employees does q.beyond have?As of today, q.beyond has over 1K employees.
Is q.beyond publicly listed?Yes, q.beyond is a public company listed on Deutsche Börse Xetra.
What is the stock symbol of q.beyond?q.beyond trades under QBY0 ticker.
When did q.beyond go public?q.beyond went public in 2000.
Who are competitors of q.beyond?q.beyond main competitors include Micware, Matica Fintec, Bharat Global Developers, Atturra, Purity Tech, Ubicom Holdings, Telelink Business Services, Cenit, Access, Leishen Energy Holding.
What is the current market cap of q.beyond?q.beyond's current market cap is $82M.
What is the current revenue of q.beyond?q.beyond's last 12 months revenue is $199M.
What is the current revenue growth of q.beyond?q.beyond revenue growth (NTM/LTM) is 4%.
What is the current EV/Revenue multiple of q.beyond?Current revenue multiple of q.beyond is 0.3x.
What is the current EBITDA of q.beyond?q.beyond's last 12 months EBITDA is $3M.
What is q.beyond's EBITDA margin?q.beyond's last 12 months EBITDA margin is 2%.
What is the current EV/EBITDA multiple of q.beyond?Current EBITDA multiple of q.beyond is 15.7x.
What is the current FCF of q.beyond?q.beyond's last 12 months FCF is ($7M).
What is q.beyond's FCF margin?q.beyond's last 12 months FCF margin is (4%).
What is the current EV/FCF multiple of q.beyond?Current FCF multiple of q.beyond is (7.2x).
How many companies q.beyond has acquired to date?As of October 2026, q.beyond has acquired 1 company.
What was the largest acquisition by q.beyond?None of the M&A deals q.beyond has completed have disclosed valuations.
What companies q.beyond acquired?q.beyond acquired Broadnet Mediascape Communications.
In how many companies q.beyond has invested to date?q.beyond hasn't invested in any companies yet (or none have been disclosed publicly).

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