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Siav Valuation Multiples

Discover revenue and EBITDA valuation multiples for Siav and similar public comparables like Frontwalker, XBP Europe, COSOL, Witted Megacorp and more.

Siav Overview

About Siav

Siav SpA is a software and IT service company specializing in dematerialization, document management, and digital processes. It offers software platforms such as Archiflow Nova, Siav Connect, and Siav Frame for information and process management; Vertical software and solutions that deal with specific topics such as Silloge, Checker, MyCreditService, etc., and outsourcing services such as dematerialization and replacement storage of documents, managed through a proprietary solution (Virgilio), and B2B electronic invoicing. The company's operating segments are based on the market it operates in and include the Private Market, Central Public Administration Market (CPA), Local Public Administration Market (PAL), and Channel Market.


Founded

1990

HQ

Italy

Employees

364

Website

siav.com

Financials (LTM)

Revenue: $43M
EBITDA: $11M

EV

$47M

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Siav Financials

Siav reported last 12-month revenue of $43M and EBITDA of $11M.

In the same LTM period, Siav generated $43M in gross profit, $11M in EBITDA, and $2M in net income.

Revenue (LTM)


Siav P&L

In the most recent fiscal year, Siav reported revenue of $42M and EBITDA of $11M.

Siav is profitable as of last fiscal year, with gross margin of 64%, EBITDA margin of 26%, and net margin of 4%.

See analyst estimates for Siav
LTMLast FY202320242025202620272028
Revenue$43M$42M$39M$39M$42M
Gross Profit$43M$27M$18M$25M$27M
Gross Margin99%64%47%62%64%
EBITDA$11M$11M$6M$5M$10M
EBITDA Margin26%26%15%14%23%
EBIT Margin11%12%2%3%12%
Net Profit$2M$2M($319K)($2M)$2M
Net Margin5%4%(1%)(4%)4%
Net Debt-$11M---

Financial data powered by Morningstar, Inc.

Siav Stock Performance

Siav has current market cap of $29M, and enterprise value of $47M.

Market Cap Evolution


Siav's stock price is $2.82.

Siav share price decreased by 3.1% in the last 30 days, and increased by 15.5% in the last year.

Siav has an EPS (earnings per share) of $0.16.

See more trading valuation data for Siav
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$47M$29M3.4%-3.1%23.3%15.5%$0.16

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Siav Valuation Multiples

Siav trades at 1.1x EV/Revenue multiple, and 4.2x EV/EBITDA.

See NTM and 2027E valuation multiples for Siav

EV / Revenue (LTM)


Siav Financial Valuation Multiples

As of June 14, 2026, Siav has market cap of $29M and EV of $47M.

Siav has a P/E ratio of 12.1x.

LTMLast FY202320242025202620272028
EV/Revenue1.1x1.1x1.2x1.2x1.1x
EV/EBITDA4.2x4.3x8.3x8.7x4.9x
EV/EBIT9.7x9.4x51.6x37.7x9.4x
EV/Gross Profit1.1x1.7x2.6x1.9x1.7x
P/E12.1x17.5x(89.7x)(16.6x)17.9x
EV/FCF21.7x13.0x(37.1x)30.0x13.0x

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

Verified Siav Valuation Multiples

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Siav Margins & Growth Rates

Siav grew revenue by 5% and EBITDA by 6% in the last fiscal year.

In the most recent fiscal year, Siav reported gross margin of 64%, EBITDA margin of 26%, and net margin of 4%.

See estimated margins and future growth rates for Siav

Siav Margins

Last FY202420252026202720282029
Gross Margin64%62%64%99%
EBITDA Margin26%14%23%26%
EBIT Margin12%3%12%12%
Net Margin4%(4%)4%7%
FCF Margin9%4%9%7%

Siav Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth5%0%7%5%
Gross Profit Growth62%33%11%62%
EBITDA Growth6%(5%)77%20%
EBIT Growth7%37%299%7%
Net Profit Growth98%441%(193%)102%
FCF Growth(16%)(224%)131%(16%)

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

Siav Operational KPIs

Siav's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.1M for the same period.

Siav's Rule of 40 is 31% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Siav's Rule of X is 39% (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 Siav
LTMLast FY202320242025202620272028
Rule of 4035%31%---
Bessemer Rule of X47%39%---
Revenue per Employee-$0.1M---
Opex per Employee-$0.1M---
G&A Expenses to Revenue-13%16%14%13%
Opex to Revenue-52%45%59%52%

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

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Siav Competitors

Siav competitors include Frontwalker, XBP Europe, COSOL, Witted Megacorp, M2M Group, 4C Group, Comms Group, LS telcom, NTG Clarity Networks and Alletec.

Most Siav public comparables operate across BPO Services and IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Frontwalker7.3x-(15.0x)-
XBP Europe3.0x0.5x65.7x5.1x
COSOL0.6x0.6x4.1x4.2x
Witted Megacorp0.3x0.3x17.8x14.6x
M2M Group----
4C Group1.2x1.3x8.2x7.3x
Comms Group0.8x-16.4x-
LS telcom0.8x0.8x4.9x4.9x

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About Siav

When was Siav founded?Siav was founded in 1990.
Where is Siav headquartered?Siav is headquartered in Italy.
How many employees does Siav have?As of today, Siav has over 364 employees.
Is Siav publicly listed?Yes, Siav is a public company listed on Borsa Italiana.
What is the stock symbol of Siav?Siav trades under SIAV ticker.
When did Siav go public?Siav went public in 2022.
Who are competitors of Siav?Siav main competitors include Frontwalker, XBP Europe, COSOL, Witted Megacorp, M2M Group, 4C Group, Comms Group, LS telcom, NTG Clarity Networks, Alletec.
What is the current market cap of Siav?Siav's current market cap is $29M.
What is the current revenue of Siav?Siav's last 12 months revenue is $43M.
What is the current revenue growth of Siav?Siav revenue growth (NTM/LTM) is 9%.
What is the current EV/Revenue multiple of Siav?Current revenue multiple of Siav is 1.1x.
What is the current EBITDA of Siav?Siav's last 12 months EBITDA is $11M.
What is Siav's EBITDA margin?Siav's last 12 months EBITDA margin is 26%.
What is the current EV/EBITDA multiple of Siav?Current EBITDA multiple of Siav is 4.2x.
What is the current FCF of Siav?Siav's last 12 months FCF is $2M.
What is Siav's FCF margin?Siav's last 12 months FCF margin is 5%.
What is the current EV/FCF multiple of Siav?Current FCF multiple of Siav is 21.7x.
How many companies Siav has acquired to date?Siav hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Siav has invested to date?Siav hasn't invested in any companies yet (or none have been disclosed publicly).

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