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Sangoma Valuation Multiples
Discover revenue and EBITDA valuation multiples for Sangoma and similar public comparables like Electro Cable Egypt, Silicom, NeoJapan, Ateme and more.
Sangoma Overview
About Sangoma
Sangoma Technologies Corp is a provider of hardware and software components that enable or enhance Internet Protocol Communications Systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications. Its product includes data and telecom boards for media and signal processing, as well as gateway appliances and software. The Company sells into two geographic centers: USA and Other countries. Key revenue is generated from USA.
Founded
1995
HQ
Employees
645
Website
Financials (LTM)
EV
$167M
Sangoma Financials
Sangoma reported last 12-month revenue of $213M and EBITDA of $37M.
In the same LTM period, Sangoma generated $155M in gross profit, $37M in EBITDA, and had net loss of ($6M).
Revenue (LTM)
Sangoma P&L
In the most recent fiscal year, Sangoma reported revenue of $237M and EBITDA of $43M.
Sangoma expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $213M | XXX | $237M | XXX | XXX | XXX |
| Gross Profit | $155M | XXX | $162M | XXX | XXX | XXX |
| Gross Margin | 73% | XXX | 68% | XXX | XXX | XXX |
| EBITDA | $37M | XXX | $43M | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 18% | XXX | XXX | XXX |
| EBIT Margin | (2%) | XXX | (1%) | XXX | XXX | XXX |
| Net Profit | ($6M) | XXX | ($5M) | XXX | XXX | XXX |
| Net Margin | (3%) | XXX | (2%) | XXX | XXX | XXX |
| Net Debt | — | — | $34M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Sangoma Stock Performance
Sangoma has current market cap of $139M, and enterprise value of $167M.
Market Cap Evolution
Sangoma's stock price is $4.18.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $167M | $139M | -1.4% | XXX | XXX | XXX | $-0.15 |
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Start Free TrialSangoma Valuation Multiples
Sangoma trades at 0.8x EV/Revenue multiple, and 4.5x EV/EBITDA.
EV / Revenue (LTM)
Sangoma Financial Valuation Multiples
As of April 16, 2026, Sangoma has market cap of $139M and EV of $167M.
Equity research analysts estimate Sangoma's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Sangoma has a P/E ratio of (24.1x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $139M | XXX | $139M | XXX | XXX | XXX |
| EV (current) | $167M | XXX | $167M | XXX | XXX | XXX |
| EV/Revenue | 0.8x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 4.5x | XXX | 3.9x | XXX | XXX | XXX |
| EV/EBIT | (47.1x) | XXX | (131.3x) | XXX | XXX | XXX |
| EV/Gross Profit | 1.1x | XXX | 1.0x | XXX | XXX | XXX |
| P/E | (24.1x) | XXX | (27.7x) | XXX | XXX | XXX |
| EV/FCF | 6.8x | XXX | 5.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Sangoma 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.
Sangoma Margins & Growth Rates
Sangoma's revenue in the last 12 month grew by 1%.
Sangoma's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.3M for the same period.
Sangoma's rule of 40 is 14% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Sangoma's rule of X is 7% (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).
Sangoma Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | (12%) | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Growth | 8% | XXX | (17%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 14% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 7% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 23% | XXX | 22% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 30% | XXX | 25% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 20% | XXX | 18% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 69% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Sangoma Public Comps
See public comps and valuation multiples for other Communication & Collaboration Software and Networking Hardware comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Sangoma | XXX | XXX | XXX | XXX | XXX | XXX |
| Electro Cable Egypt | XXX | XXX | XXX | XXX | XXX | XXX |
| Silicom | XXX | XXX | XXX | XXX | XXX | XXX |
| NeoJapan | XXX | XXX | XXX | XXX | XXX | XXX |
| Ateme | XXX | XXX | XXX | XXX | XXX | XXX |
| Eva Live | 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.
Sangoma M&A Activity
Sangoma acquired XXX companies to date.
Last acquisition by Sangoma was on XXXXXXXX, XXXXX. Sangoma acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Sangoma
| 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 TrialSangoma Investment Activity
Sangoma invested in XXX companies to date.
Sangoma made its latest investment on XXXXXXXX, XXXXX. Sangoma invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Sangoma
| 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 Sangoma
| When was Sangoma founded? | Sangoma was founded in 1995. |
| Where is Sangoma headquartered? | Sangoma is headquartered in Canada. |
| How many employees does Sangoma have? | As of today, Sangoma has over 645 employees. |
| Who is the CEO of Sangoma? | Sangoma's CEO is Charles Salameh. |
| Is Sangoma publicly listed? | Yes, Sangoma is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Sangoma? | Sangoma trades under STC ticker. |
| When did Sangoma go public? | Sangoma went public in 1995. |
| Who are competitors of Sangoma? | Sangoma main competitors are Electro Cable Egypt, Silicom, NeoJapan, Ateme. |
| What is the current market cap of Sangoma? | Sangoma's current market cap is $139M. |
| What is the current revenue of Sangoma? | Sangoma's last 12 months revenue is $213M. |
| What is the current revenue growth of Sangoma? | Sangoma revenue growth (NTM/LTM) is 1%. |
| What is the current EV/Revenue multiple of Sangoma? | Current revenue multiple of Sangoma is 0.8x. |
| Is Sangoma profitable? | Yes, Sangoma is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Sangoma? | Sangoma's last 12 months EBITDA is $37M. |
| What is Sangoma's EBITDA margin? | Sangoma's last 12 months EBITDA margin is 17%. |
| What is the current EV/EBITDA multiple of Sangoma? | Current EBITDA multiple of Sangoma is 4.5x. |
| What is the current FCF of Sangoma? | Sangoma's last 12 months FCF is $25M. |
| What is Sangoma's FCF margin? | Sangoma's last 12 months FCF margin is 11%. |
| What is the current EV/FCF multiple of Sangoma? | Current FCF multiple of Sangoma is 6.8x. |
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