🚀 VC round data is live in beta, check it out!
- Public Comps
- Sappi
Sappi Valuation Multiples
Discover revenue and EBITDA valuation multiples for Sappi and similar public comparables like Miquel y Costas, Ence EnergÃa & Celulosa, Rayonier Adv Materials, Suzano Holding and more.
Sappi Overview
About Sappi
Sappi Ltd is engaged in the manufacturing of sustainable woodfibre-based products including specialty and packaging papers, graphic papers, release papers, pulp, and biomaterials like lignin and furfural from renewable resources. The products and services include Dissolving pulp, Graphic papers, Packaging and specialty papers, Casting and release papers, Biomaterials and Bio-energy. The company's geographical segments include Europe, North America and South Africa. The majority of revenue is generated from South Africa.
Founded
1936
HQ

Employees
10.7K
Website
Sectors
Financials (LTM)
EV
$3B
Sappi Financials
Sappi reported last 12-month revenue of $5B and EBITDA of $441M.
In the same LTM period, Sappi generated $418M in gross profit, $441M in EBITDA, and had net loss of ($105M).
Revenue (LTM)
Sappi P&L
In the most recent fiscal year, Sappi reported revenue of $5B and EBITDA of $491M.
Sappi expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $5B | XXX | $5B | XXX | XXX | XXX |
| Gross Profit | $418M | XXX | $537M | XXX | XXX | XXX |
| Gross Margin | 8% | XXX | 10% | XXX | XXX | XXX |
| EBITDA | $441M | XXX | $491M | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 9% | XXX | XXX | XXX |
| EBIT Margin | 2% | XXX | 3% | XXX | XXX | XXX |
| Net Profit | ($105M) | XXX | ($177M) | XXX | XXX | XXX |
| Net Margin | (2%) | XXX | (3%) | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Sappi Stock Performance
Sappi has current market cap of $642M, and enterprise value of $3B.
Market Cap Evolution
Sappi's stock price is $1.06.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $642M | -3.4% | XXX | XXX | XXX | $-0.29 |
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 TrialSappi Valuation Multiples
Sappi trades at 0.5x EV/Revenue multiple, and 5.9x EV/EBITDA.
EV / Revenue (LTM)
Sappi Financial Valuation Multiples
As of April 18, 2026, Sappi has market cap of $642M and EV of $3B.
Equity research analysts estimate Sappi's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Sappi has a P/E ratio of (6.1x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $642M | XXX | $642M | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 0.5x | XXX | 0.5x | XXX | XXX | XXX |
| EV/EBITDA | 5.9x | XXX | 5.3x | XXX | XXX | XXX |
| EV/EBIT | 21.2x | XXX | 13.7x | XXX | XXX | XXX |
| EV/Gross Profit | 6.2x | XXX | 4.8x | XXX | XXX | XXX |
| P/E | (6.1x) | XXX | (3.6x) | XXX | XXX | XXX |
| EV/FCF | (131.7x) | XXX | (19.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Sappi 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.


Sappi Margins & Growth Rates
Sappi's revenue in the last 12 month grew by 2%.
Sappi's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.0M for the same period.
Sappi's rule of 40 is 9% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Sappi's rule of X is 11% (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).
Sappi Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | 0% | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 9% | XXX | XXX | XXX |
| EBITDA Growth | 16% | XXX | (18%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 9% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 11% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 10% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Sappi Public Comps
See public comps and valuation multiples for other Paper & Forest Products comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Sappi | XXX | XXX | XXX | XXX | XXX | XXX |
| Miquel y Costas | XXX | XXX | XXX | XXX | XXX | XXX |
| Ence EnergÃa & Celulosa | XXX | XXX | XXX | XXX | XXX | XXX |
| Rayonier Adv Materials | XXX | XXX | XXX | XXX | XXX | XXX |
| Suzano Holding | XXX | XXX | XXX | XXX | XXX | XXX |
| Cascades | 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.
Sappi M&A Activity
Sappi acquired XXX companies to date.
Last acquisition by Sappi was on XXXXXXXX, XXXXX. Sappi acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Sappi
| 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 TrialSappi Investment Activity
Sappi invested in XXX companies to date.
Sappi made its latest investment on XXXXXXXX, XXXXX. Sappi invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Sappi
| 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 Sappi
| When was Sappi founded? | Sappi was founded in 1936. |
| Where is Sappi headquartered? | Sappi is headquartered in South Africa. |
| How many employees does Sappi have? | As of today, Sappi has over 10K employees. |
| Who is the CEO of Sappi? | Sappi's CEO is Stephen Robert Binnie. |
| Is Sappi publicly listed? | Yes, Sappi is a public company listed on Johannesburg Stock Exchange. |
| What is the stock symbol of Sappi? | Sappi trades under SAP ticker. |
| When did Sappi go public? | Sappi went public in 1937. |
| Who are competitors of Sappi? | Sappi main competitors are Miquel y Costas, Ence EnergÃa & Celulosa, Rayonier Adv Materials, Suzano Holding. |
| What is the current market cap of Sappi? | Sappi's current market cap is $642M. |
| What is the current revenue of Sappi? | Sappi's last 12 months revenue is $5B. |
| What is the current revenue growth of Sappi? | Sappi revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of Sappi? | Current revenue multiple of Sappi is 0.5x. |
| Is Sappi profitable? | Yes, Sappi is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Sappi? | Sappi's last 12 months EBITDA is $441M. |
| What is Sappi's EBITDA margin? | Sappi's last 12 months EBITDA margin is 8%. |
| What is the current EV/EBITDA multiple of Sappi? | Current EBITDA multiple of Sappi is 5.9x. |
| What is the current FCF of Sappi? | Sappi's last 12 months FCF is ($20M). |
| What is Sappi's FCF margin? | Sappi's last 12 months FCF margin is (0%). |
| What is the current EV/FCF multiple of Sappi? | Current FCF multiple of Sappi is (131.7x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.