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Senetas Valuation Multiples

Discover revenue and EBITDA valuation multiples for Senetas and similar public comparables like Netgem, WDC Networks, Maven Wireless, Better Online Solutions and more.

Senetas Overview

About Senetas

Senetas Corp Ltd provides secure network solutions. It designs, develops, and manufactures encryption hardware, virtualized network encryption, and encrypted file-sharing applications. The company's core business is the sale of IT security products, including hardware products, software subscriptions, maintenance subscriptions, and support services, which provide network data security solutions to businesses and governments around the world. The company reports in two segments: Senetas and Votiro, with the majority of revenue coming from Senetas. Its geographical segments include Asia Pacific, the United States, Africa, and Europe, with the majority of revenue coming from the United States.


Founded

1982

HQ

Australia

Employees

34

Financials (LTM)

Revenue: $14M
EBITDA: $805K

EV

$28M

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Senetas Financials

Senetas reported last 12-month revenue of $14M and EBITDA of $805K.

In the same LTM period, Senetas generated $12M in gross profit, $805K in EBITDA, and $743K in net income.


Senetas P&L

In the most recent fiscal year, Senetas reported revenue of $14M and EBITDA of $1M.

Senetas is profitable as of last fiscal year, with gross margin of 87%, EBITDA margin of 7%, and net margin of 145%.

See analyst estimates for Senetas
LTMLast FY202320242025202620272028
Revenue$14M$14M$22M$18M$14M
Gross Profit$12M$12M$18M$16M$12M
Gross Margin82%87%84%87%84%
EBITDA$805K$1M($8M)($3M)$906K
EBITDA Margin6%7%(35%)(17%)6%
EBIT Margin3%5%(45%)(24%)4%
Net Profit$743K$20M($5M)$8M$10M
Net Margin5%145%(22%)43%72%

Financial data powered by Morningstar, Inc.

Senetas Stock Performance

Senetas has current market cap of $30M, and enterprise value of $28M.


Senetas' stock price is $1.79.

Senetas has an EPS (earnings per share) of $1.20.

See more trading valuation data for Senetas
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$28M$30M-2.4%$1.20

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Senetas Valuation Multiples

Senetas trades at 1.9x EV/Revenue multiple, and 34.4x EV/EBITDA.

See NTM and 2027E valuation multiples for Senetas

Senetas Financial Valuation Multiples

As of May 23, 2026, Senetas has market cap of $30M and EV of $28M.

Senetas has a P/E ratio of 39.9x.

LTMLast FY202320242025202620272028
EV/Revenue1.9x2.0x1.3x1.5x1.9x
EV/EBITDA34.4x26.9x(3.7x)(8.9x)30.5x
EV/EBIT61.3x42.3x(2.8x)(6.3x)53.4x
EV/Gross Profit2.3x2.3x1.5x1.8x2.3x
P/E39.9x1.5x(6.2x)3.8x2.9x
EV/FCF14.1x60.4x(5.3x)(7.3x)(81.6x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Senetas Valuation Multiples

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Senetas Margins & Growth Rates

Senetas grew revenue by 7% but EBITDA decreased by 24% in the last fiscal year.

In the most recent fiscal year, Senetas reported gross margin of 87%, EBITDA margin of 7%, and net margin of 145%.

See estimated margins and future growth rates for Senetas

Senetas Margins

Last FY202420252026202720282029
Gross Margin87%87%84%83%
EBITDA Margin7%(17%)6%10%
EBIT Margin5%(24%)4%8%
Net Margin145%43%72%7%
FCF Margin3%(21%)(2%)5%

Senetas Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth7%(17%)(21%)4%
Gross Profit Growth(1%)(14%)(24%)3%
EBITDA Growth(24%)(59%)(129%)69%
EBIT Growth(35%)(55%)(112%)120%
Net Profit Growth(96%)(262%)33%(89%)
FCF Growth367%(27%)(91%)(321%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Senetas Operational KPIs

Senetas' revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.3M for the same period.

Senetas' Rule of 40 is 15% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Senetas' Rule of X is 21% (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).

Access forward-looking KPIs for Senetas
LTMLast FY202320242025202620272028
Rule of 409%15%
Bessemer Rule of X14%21%
Revenue per Employee$0.4M
Opex per Employee$0.3M
S&M Expenses to Revenue2%17%15%2%
G&A Expenses to Revenue67%91%78%65%
Opex to Revenue83%129%111%80%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Senetas Competitors

Senetas competitors include Netgem, WDC Networks, Maven Wireless, Better Online Solutions, Aware, World Health Energy Holdings, SafeSpace Global, Prelude, UTStarcom and Swissnet Group.

Most Senetas public comparables operate across Cybersecurity and Networking Hardware.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Netgem0.7x0.7x3.8x3.8x
WDC Networks0.7x8.2x
Maven Wireless1.4x1.4x254.4x258.1x
Better Online Solutions0.5x0.5x4.9x5.4x
Aware0.6x(1.9x)
World Health Energy Holdings
SafeSpace Global
Prelude4.2x44.6x

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Senetas Investment Activity

Senetas has invested in 2 companies to date.

Latest investment by Senetas was on November 14th 2018. Senetas invested in Votiro in their $8M Series A round (EV/Revenue multiple of ).

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Latest Investments by Senetas

Votiro
Smart Antenna Technologies
Description
Smart Antenna Technologies is a developer of compact smart antenna solutions for cellular handsets. Spun out from the University of Birmingham in 2009, its patented technology integrates multiple functions including 4G LTE, GPS, Wi-Fi, Bluetooth, and GSM into a single device. Headquartered in the UK, SAT targets global handset manufacturers seeking size and cost reductions in next-generation devices.
HQ CountryUnited StatesUnited Kingdom
HQ City
Birmingham
Deal Date14 Nov 201819 Jan 2017
RoundSeries ASeries A
Raised$8M$1M
InvestorsSenetasMercia Asset Management; Senetas; University of Birmingham
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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About Senetas

When was Senetas founded?Senetas was founded in 1982.
Where is Senetas headquartered?Senetas is headquartered in Australia.
How many employees does Senetas have?As of today, Senetas has over 34 employees.
Is Senetas publicly listed?Yes, Senetas is a public company listed on Australian Securities Exchange.
What is the stock symbol of Senetas?Senetas trades under SEN ticker.
When did Senetas go public?Senetas went public in 1984.
Who are competitors of Senetas?Senetas main competitors include Netgem, WDC Networks, Maven Wireless, Better Online Solutions, Aware, World Health Energy Holdings, SafeSpace Global, Prelude, UTStarcom, Swissnet Group.
What is the current market cap of Senetas?Senetas' current market cap is $30M.
What is the current revenue of Senetas?Senetas' last 12 months revenue is $14M.
What is the current revenue growth of Senetas?Senetas revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of Senetas?Current revenue multiple of Senetas is 1.9x.
Is Senetas profitable?Yes, Senetas is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Senetas?Senetas' last 12 months EBITDA is $805K.
What is Senetas' EBITDA margin?Senetas' last 12 months EBITDA margin is 6%.
What is the current EV/EBITDA multiple of Senetas?Current EBITDA multiple of Senetas is 34.4x.
What is the current FCF of Senetas?Senetas' last 12 months FCF is $2M.
What is Senetas' FCF margin?Senetas' last 12 months FCF margin is 14%.
What is the current EV/FCF multiple of Senetas?Current FCF multiple of Senetas is 14.1x.
How many companies Senetas has acquired to date?Senetas hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Senetas has invested to date?As of May 2026, Senetas has invested in 2 companies.
What was the last Senetas investment?On 14th November 2018 Senetas invested in Votiro, participating in a $8M Series A round.
In what companies Senetas invested in?Senetas invested in Votiro and Smart Antenna Technologies.

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