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Rational Valuation Multiples
Discover revenue and EBITDA valuation multiples for Rational and similar public comparables like IMI plc, Trelleborg, Oshkosh, Melrose Industries and more.
Rational Overview
About Rational
Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 160 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.
Founded
1973
HQ
Employees
2.7K
Website
Sectors
Financials (LTM)
EV
$9B
Rational Financials
Rational reported last 12-month revenue of $1B and EBITDA of $432M.
In the same LTM period, Rational generated $878M in gross profit, $432M in EBITDA, and $299M in net income.
Revenue (LTM)
Rational P&L
In the most recent fiscal year, Rational reported revenue of $1B and EBITDA of $429M.
Rational expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $878M | XXX | $830M | XXX | XXX | XXX |
| Gross Margin | 59% | XXX | 59% | XXX | XXX | XXX |
| EBITDA | $432M | XXX | $429M | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | 31% | XXX | XXX | XXX |
| EBIT Margin | 26% | XXX | 27% | XXX | XXX | XXX |
| Net Profit | $299M | XXX | $294M | XXX | XXX | XXX |
| Net Margin | 20% | XXX | 21% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Rational Stock Performance
Rational has current market cap of $9B, and enterprise value of $9B.
Market Cap Evolution
Rational's stock price is $825.41.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $9B | -0.3% | XXX | XXX | XXX | $25.87 |
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Start Free TrialRational Valuation Multiples
Rational trades at 6.0x EV/Revenue multiple, and 20.7x EV/EBITDA.
EV / Revenue (LTM)
Rational Financial Valuation Multiples
As of April 21, 2026, Rational has market cap of $9B and EV of $9B.
Equity research analysts estimate Rational's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Rational has a P/E ratio of 31.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 6.0x | XXX | 6.4x | XXX | XXX | XXX |
| EV/EBITDA | 20.7x | XXX | 20.9x | XXX | XXX | XXX |
| EV/EBIT | 23.0x | XXX | 23.5x | XXX | XXX | XXX |
| EV/Gross Profit | 10.2x | XXX | 10.8x | XXX | XXX | XXX |
| P/E | 31.4x | XXX | 31.9x | XXX | XXX | XXX |
| EV/FCF | 33.1x | XXX | 30.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Rational 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.
Rational Margins & Growth Rates
Rational's revenue in the last 12 month grew by 9%.
Rational's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.2M for the same period.
Rational's rule of 40 is 38% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Rational's rule of X is 51% (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).
Rational Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 29% | XXX | 31% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | (1%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 38% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 51% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 22% | XXX | 22% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 4% | XXX | 5% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 6% | XXX | 6% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 32% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Rational Public Comps
See public comps and valuation multiples for other Industrial Parts and Machinery comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Rational | XXX | XXX | XXX | XXX | XXX | XXX |
| IMI plc | XXX | XXX | XXX | XXX | XXX | XXX |
| Trelleborg | XXX | XXX | XXX | XXX | XXX | XXX |
| Oshkosh | XXX | XXX | XXX | XXX | XXX | XXX |
| Melrose Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| Schaeffler | 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.
Rational M&A Activity
Rational acquired XXX companies to date.
Last acquisition by Rational was on XXXXXXXX, XXXXX. Rational acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Rational
| 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 TrialRational Investment Activity
Rational invested in XXX companies to date.
Rational made its latest investment on XXXXXXXX, XXXXX. Rational invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Rational
| 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 Rational
| When was Rational founded? | Rational was founded in 1973. |
| Where is Rational headquartered? | Rational is headquartered in Germany. |
| How many employees does Rational have? | As of today, Rational has over 2K employees. |
| Is Rational publicly listed? | Yes, Rational is a public company listed on Frankfurt Stock Exchange. |
| What is the stock symbol of Rational? | Rational trades under RAA ticker. |
| When did Rational go public? | Rational went public in 2000. |
| Who are competitors of Rational? | Rational main competitors are IMI plc, Trelleborg, Oshkosh, Melrose Industries. |
| What is the current market cap of Rational? | Rational's current market cap is $9B. |
| What is the current revenue of Rational? | Rational's last 12 months revenue is $1B. |
| What is the current revenue growth of Rational? | Rational revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of Rational? | Current revenue multiple of Rational is 6.0x. |
| Is Rational profitable? | Yes, Rational is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Rational? | Rational's last 12 months EBITDA is $432M. |
| What is Rational's EBITDA margin? | Rational's last 12 months EBITDA margin is 29%. |
| What is the current EV/EBITDA multiple of Rational? | Current EBITDA multiple of Rational is 20.7x. |
| What is the current FCF of Rational? | Rational's last 12 months FCF is $270M. |
| What is Rational's FCF margin? | Rational's last 12 months FCF margin is 18%. |
| What is the current EV/FCF multiple of Rational? | Current FCF multiple of Rational is 33.1x. |
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