🚀 VC round data is live in beta, check it out!
Ratos Valuation Multiples
Discover revenue and EBITDA valuation multiples for Ratos and similar public comparables like ALTAMIR, Patria Private Equity, Oakley Capital, Molten Ventures and more.
Ratos Overview
About Ratos
Ratos AB is an investment company that owns and develops unlisted medium-and small-sized Nordic companies. It focuses on technological and infrastructure solutions and comprises three business segment; Industry, Construction & Services and Consumer. Majority of the revenue is generated from its Construction & Services segment which predominantly includes maintenance of infrastructure within railway, road, energy solutions, and construction of new critical buildings such as hospitals, schools, police stations and governmental buildings in the Nordics. Geographically, the company generates majority of its revenue from Norway and rest from Sweden and other regions.
Founded
1866
HQ
Employees
12.3K
Website
Sectors
Financials (LTM)
EV
$2B
Ratos Financials
Ratos reported last 12-month revenue of $2B and EBITDA of $361M.
In the same LTM period, Ratos generated $1B in gross profit, $361M in EBITDA, and $205M in net income.
Revenue (LTM)
Ratos P&L
In the most recent fiscal year, Ratos reported revenue of $2B and EBITDA of $374M.
Ratos expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 53% | XXX | 47% | XXX | XXX | XXX |
| EBITDA | $361M | XXX | $374M | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| EBIT Margin | 4% | XXX | 2% | XXX | XXX | XXX |
| Net Profit | $205M | XXX | $234M | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 10% | XXX | XXX | XXX |
| Net Debt | — | — | $338M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Ratos Stock Performance
Ratos has current market cap of $1B, and enterprise value of $2B.
Market Cap Evolution
Ratos' stock price is $3.90.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $1B | -0.4% | XXX | XXX | XXX | $0.71 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialRatos Valuation Multiples
Ratos trades at 0.9x EV/Revenue multiple, and 5.5x EV/EBITDA.
EV / Revenue (LTM)
Ratos Financial Valuation Multiples
As of March 29, 2026, Ratos has market cap of $1B and EV of $2B.
Equity research analysts estimate Ratos' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ratos has a P/E ratio of 6.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 0.9x | XXX | 0.8x | XXX | XXX | XXX |
| EV/EBITDA | 5.5x | XXX | 5.3x | XXX | XXX | XXX |
| EV/EBIT | 23.8x | XXX | 39.1x | XXX | XXX | XXX |
| EV/Gross Profit | 1.7x | XXX | 1.8x | XXX | XXX | XXX |
| P/E | 6.2x | XXX | 5.5x | XXX | XXX | XXX |
| EV/FCF | 5.1x | XXX | 4.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ratos 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.
Ratos Margins & Growth Rates
Ratos' revenue in the last 12 month declined by (10%).
Ratos' revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.2M for the same period.
Ratos' rule of 40 is 6% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Ratos' rule of X is (9%) (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).
Ratos Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (10%) | XXX | (14%) | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| EBITDA Growth | (9%) | XXX | (14%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 6% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (9%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex to Revenue | 87% | XXX | 53% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Ratos Public Comps
See public comps and valuation multiples for other PE & VC comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| ALTAMIR | XXX | XXX | XXX | XXX | XXX | XXX |
| Patria Private Equity | XXX | XXX | XXX | XXX | XXX | XXX |
| Oakley Capital | XXX | XXX | XXX | XXX | XXX | XXX |
| Molten Ventures | XXX | XXX | XXX | XXX | XXX | XXX |
| Georgia Capital | 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.
Ratos M&A Activity
Ratos acquired XXX companies to date.
Last acquisition by Ratos was on XXXXXXXX, XXXXX. Ratos acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Ratos
| 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
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialRatos Investment Activity
Ratos invested in XXX companies to date.
Ratos made its latest investment on XXXXXXXX, XXXXX. Ratos invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Ratos
| 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 |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Ratos
| When was Ratos founded? | Ratos was founded in 1866. |
| Where is Ratos headquartered? | Ratos is headquartered in Sweden. |
| How many employees does Ratos have? | As of today, Ratos has over 12K employees. |
| Who is the CEO of Ratos? | Ratos' CEO is Jonas Wistrom. |
| Is Ratos publicly listed? | Yes, Ratos is a public company listed on Nasdaq Stockholm. |
| What is the stock symbol of Ratos? | Ratos trades under RATO B ticker. |
| When did Ratos go public? | Ratos went public in 2000. |
| Who are competitors of Ratos? | Ratos main competitors are ALTAMIR, Patria Private Equity, Oakley Capital, Molten Ventures. |
| What is the current market cap of Ratos? | Ratos' current market cap is $1B. |
| What is the current revenue of Ratos? | Ratos' last 12 months revenue is $2B. |
| What is the current revenue growth of Ratos? | Ratos revenue growth (NTM/LTM) is (10%). |
| What is the current EV/Revenue multiple of Ratos? | Current revenue multiple of Ratos is 0.9x. |
| Is Ratos profitable? | Yes, Ratos is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Ratos? | Ratos' last 12 months EBITDA is $361M. |
| What is Ratos' EBITDA margin? | Ratos' last 12 months EBITDA margin is 16%. |
| What is the current EV/EBITDA multiple of Ratos? | Current EBITDA multiple of Ratos is 5.5x. |
| What is the current FCF of Ratos? | Ratos' last 12 months FCF is $393M. |
| What is Ratos' FCF margin? | Ratos' last 12 months FCF margin is 17%. |
| What is the current EV/FCF multiple of Ratos? | Current FCF multiple of Ratos is 5.1x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.