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SHAPE Valuation Multiples

Discover SHAPE's revenue and EBITDA valuation multiples and M&A history, alongside public comparables like Trakcja, Concrete Pumping Holdings, Matrix Service, Mears Group and more.

SHAPE Overview

About SHAPE

SHAPE Australia Corp Ltd is a specialist building contractor and construction manager, focused on commercial fit-out and refurbishments, with select capabilities in the new build.


Founded

2021

HQ

Australia

Employees

686

Financials (LTM)

Revenue: $832M
EBITDA: $33M

EV

$345M

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SHAPE Financials

SHAPE reported last 12-month revenue of $832M and EBITDA of $33M.

In the same LTM period, SHAPE generated $33M in EBITDA and $21M in net income.

Revenue (LTM)


SHAPE P&L

In the most recent fiscal year, SHAPE reported revenue of $676M and EBITDA of $21M.

SHAPE is profitable as of last fiscal year, with gross margin of 100%, EBITDA margin of 3%, and net margin of 2%.

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LTMLast FY202320242025202620272028
Revenue$832M$676M$602M$635M$762M
Gross Profit-$676M$602M$635M$358M
Gross Margin-100%100%100%47%
EBITDA$33M$21M$18M$20M$27M
EBITDA Margin4%3%3%3%4%
EBIT Margin3%3%2%2%3%
Net Profit$21M$15M$9M$13M$19M
Net Margin3%2%2%2%2%

Financial data powered by Morningstar, Inc.

SHAPE Stock Performance

SHAPE has current market cap of $413M, and enterprise value of $345M.

Market Cap Evolution


SHAPE's stock price is $4.96.

SHAPE share price decreased by 5.2% in the last 30 days, and increased by 56.7% in the last year.

SHAPE has an EPS (earnings per share) of $0.18.

See more trading valuation data for SHAPE
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$345M$413M4.6%-5.2%8.6%56.7%$0.18

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SHAPE Valuation Multiples

SHAPE trades at 0.4x EV/Revenue multiple, and 10.4x EV/EBITDA.

See NTM and 2027E valuation multiples for SHAPE

EV / Revenue (LTM)


SHAPE Financial Valuation Multiples

As of June 5, 2026, SHAPE has market cap of $413M and EV of $345M.

SHAPE has a P/E ratio of 19.4x.

LTMLast FY202320242025202620272028
EV/Revenue0.4x0.5x0.6x0.5x0.5x
EV/EBITDA10.4x16.4x19.7x17.2x12.7x
EV/EBIT12.1x19.6x33.9x24.5x15.2x
EV/Gross Profit-0.5x0.6x0.5x1.0x
P/E19.4x27.4x43.7x31.2x22.3x
EV/FCF15.4x9.4x19.5x12.2x11.9x

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

Verified SHAPE 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.

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SHAPE Margins & Growth Rates

SHAPE grew revenue by 25% and EBITDA by 63% in the last fiscal year.

In the most recent fiscal year, SHAPE reported gross margin of 100%, EBITDA margin of 3%, and net margin of 2%.

See estimated margins and future growth rates for SHAPE

SHAPE Margins

Last FY202420252026202720282029
Gross Margin100%100%47%4%
EBITDA Margin3%3%4%4%
EBIT Margin3%2%3%4%
Net Margin2%2%2%3%
FCF Margin5%4%4%3%

SHAPE Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth25%5%20%19%
Gross Profit Growth(94%)5%(44%)(91%)
EBITDA Growth63%15%35%43%
EBIT Growth67%38%61%46%
Net Profit Growth46%40%40%32%
FCF Growth(41%)60%3%(9%)

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

SHAPE Operational KPIs

SHAPE's revenue per employee in the last FY averaged $1.0M, while opex per employee averaged $1.0M for the same period.

SHAPE's Rule of 40 is 23% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

SHAPE'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).

Access forward-looking KPIs for SHAPE
LTMLast FY202320242025202620272028
Rule of 4018%23%---
Bessemer Rule of X40%51%---
Revenue per Employee-$1.0M---
Opex per Employee-$1.0M---
S&M Expenses to Revenue--4%--
G&A Expenses to Revenue-5%5%5%4%
Opex to Revenue-98%98%98%87%

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

Valuation Multiples Across 230+ Verticals

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Trakcja0.6x-13.6x-
Concrete Pumping Holdings2.1x2.0x8.3x8.3x
Matrix Service0.2x0.2x(10.1x)18.2x
Mears Group0.5x0.5x3.7x4.4x
NYAB0.6x0.6x9.2x8.6x
Torpol0.6x0.6x8.8x9.1x
Compagnie d'Entreprises CFE0.3x0.3x3.7x4.8x
Instone Real Estate Group0.2x0.2x0.9x1.2x

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Acquisitions by SHAPE

SHAPE has acquired 1 company to date.

Last acquisition by SHAPE was on May 27th 2026. SHAPE acquired Australian Professional Shopfitters for $21M (EV/Revenue multiple available to Pro users).

See M&A valuation multiples

Latest Acquisitions by SHAPE

Australian Professional Shopfitters
Description
Australian Professional Shopfitters is a manufacturing company that provides construction, project management, and installation services.
HQ CountryAustralia
HQ City
Vermont, IL
Deal Date27 May 2026
Valuation$21M
EV/Revenue
EV/EBITDA

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About SHAPE

When was SHAPE founded?SHAPE was founded in 2021.
Where is SHAPE headquartered?SHAPE is headquartered in Australia.
How many employees does SHAPE have?As of today, SHAPE has over 686 employees.
Is SHAPE publicly listed?Yes, SHAPE is a public company listed on Australian Securities Exchange.
What is the stock symbol of SHAPE?SHAPE trades under SHA ticker.
When did SHAPE go public?SHAPE went public in 2021.
Who are competitors of SHAPE?SHAPE main competitors include Trakcja, Concrete Pumping Holdings, Matrix Service, Mears Group, NYAB, Torpol, Compagnie d'Entreprises CFE, Instone Real Estate Group, Zhongyan Technology Co, Echeverria Izquierdo.
What is the current market cap of SHAPE?SHAPE's current market cap is $413M.
What is the current revenue of SHAPE?SHAPE's last 12 months revenue is $832M.
What is the current revenue growth of SHAPE?SHAPE revenue growth (NTM/LTM) is 14%.
What is the current EV/Revenue multiple of SHAPE?Current revenue multiple of SHAPE is 0.4x.
What is the current EBITDA of SHAPE?SHAPE's last 12 months EBITDA is $33M.
What is SHAPE's EBITDA margin?SHAPE's last 12 months EBITDA margin is 4%.
What is the current EV/EBITDA multiple of SHAPE?Current EBITDA multiple of SHAPE is 10.4x.
What is the current FCF of SHAPE?SHAPE's last 12 months FCF is $22M.
What is SHAPE's FCF margin?SHAPE's last 12 months FCF margin is 3%.
What is the current EV/FCF multiple of SHAPE?Current FCF multiple of SHAPE is 15.4x.
How many companies SHAPE has acquired to date?As of June 2026, SHAPE has acquired 1 company.
What was the largest acquisition by SHAPE?$21M acquisition of Australian Professional Shopfitters on 27th May 2026 was the largest M&A SHAPE has done to date.
What companies SHAPE acquired?SHAPE acquired Australian Professional Shopfitters.
In how many companies SHAPE has invested to date?SHAPE hasn't invested in any companies yet (or none have been disclosed publicly).

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