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Quectel Valuation Multiples
Discover revenue and EBITDA valuation multiples for Quectel and similar public comparables like Guangdong Fenghua, Jushri Technologies, Faratronic, Impinj and more.
Quectel Overview
About Quectel
Quectel Wireless Solutions Co Ltd is engaged in the design, development of cellular communication modules. It primarily supplies 5G, LTE, LTE-A, LPWA, Smart Module, C-V2X, GSM/GPRS and GNSS modules.
Founded
2010
HQ

Employees
N/A
Website
Financials (LTM)
EV
$4B
Quectel Financials
Quectel reported last 12-month revenue of $4B and EBITDA of $216M.
In the same LTM period, Quectel generated $698M in gross profit, $216M in EBITDA, and $152M in net income.
Revenue (LTM)
Quectel P&L
In the most recent fiscal year, Quectel reported revenue of $3B and EBITDA of $147M.
Quectel expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $698M | XXX | $475M | XXX | XXX | XXX |
| Gross Margin | 19% | XXX | 18% | XXX | XXX | XXX |
| EBITDA | $216M | XXX | $147M | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 5% | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | 4% | XXX | XXX | XXX |
| Net Profit | $152M | XXX | $85M | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 3% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Quectel Stock Performance
Quectel has current market cap of $4B, and enterprise value of $4B.
Market Cap Evolution
Quectel's stock price is $12.39.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $4B | 0.0% | XXX | XXX | XXX | $0.30 |
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Start Free TrialQuectel Valuation Multiples
Quectel trades at 1.1x EV/Revenue multiple, and 18.2x EV/EBITDA.
EV / Revenue (LTM)
Quectel Financial Valuation Multiples
As of March 9, 2026, Quectel has market cap of $4B and EV of $4B.
Equity research analysts estimate Quectel's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Quectel has a P/E ratio of 23.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | 1.1x | XXX | 1.5x | XXX | XXX | XXX |
| EV/EBITDA | 18.2x | XXX | 26.8x | XXX | XXX | XXX |
| EV/EBIT | 25.8x | XXX | 37.5x | XXX | XXX | XXX |
| EV/Gross Profit | 5.6x | XXX | 8.3x | XXX | XXX | XXX |
| P/E | 23.5x | XXX | 41.8x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 60.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Quectel 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.


Quectel Margins & Growth Rates
Quectel's revenue in the last 12 month grew by 23%.
Quectel's rule of 40 is 29% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Quectel's rule of X is 64% (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).
Quectel Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 23% | XXX | 31% | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | 5% | XXX | XXX | XXX |
| EBITDA Growth | 15% | XXX | 43% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 29% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 64% | XXX | XXX | XXX |
| S&M Expenses to Revenue | 3% | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 6% | XXX | 1% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 9% | XXX | 9% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 14% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Quectel Public Comps
See public comps and valuation multiples for other Electronic Components and Networking Hardware comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Guangdong Fenghua | XXX | XXX | XXX | XXX | XXX | XXX |
| Jushri Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Faratronic | XXX | XXX | XXX | XXX | XXX | XXX |
| Impinj | XXX | XXX | XXX | XXX | XXX | XXX |
| StarPower Semiconductor | 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.
Quectel M&A Activity
Quectel acquired XXX companies to date.
Last acquisition by Quectel was on XXXXXXXX, XXXXX. Quectel acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Quectel
| 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 TrialQuectel Investment Activity
Quectel invested in XXX companies to date.
Quectel made its latest investment on XXXXXXXX, XXXXX. Quectel invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Quectel
| 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 Quectel
| When was Quectel founded? | Quectel was founded in 2010. |
| Where is Quectel headquartered? | Quectel is headquartered in China. |
| Is Quectel publicly listed? | Yes, Quectel is a public company listed on Shanghai Stock Exchange. |
| What is the stock symbol of Quectel? | Quectel trades under 603236 ticker. |
| When did Quectel go public? | Quectel went public in 2019. |
| Who are competitors of Quectel? | Quectel main competitors are Guangdong Fenghua, Jushri Technologies, Faratronic, Impinj. |
| What is the current market cap of Quectel? | Quectel's current market cap is $4B. |
| What is the current revenue of Quectel? | Quectel's last 12 months revenue is $4B. |
| What is the current revenue growth of Quectel? | Quectel revenue growth (NTM/LTM) is 23%. |
| What is the current EV/Revenue multiple of Quectel? | Current revenue multiple of Quectel is 1.1x. |
| Is Quectel profitable? | Yes, Quectel is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Quectel? | Quectel's last 12 months EBITDA is $216M. |
| What is Quectel's EBITDA margin? | Quectel's last 12 months EBITDA margin is 6%. |
| What is the current EV/EBITDA multiple of Quectel? | Current EBITDA multiple of Quectel is 18.2x. |
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