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- Siav
Siav Valuation Multiples
Siav is valued at $28M as of November 2026, a 1.0x revenue multiple. In the last 12 months, Siav revenue was $43M and Siav EBITDA was $11M.
Siav Overview
About Siav
Siav is an Italian software company based in Rubano, near Padua, that provides document management, enterprise content management and business process outsourcing solutions. It operates as a benefit corporation, a Societa Benefit, and its shares trade on Euronext Growth Milan. The company serves more than 4,000 clients and offers a Document Intelligence platform that uses artificial intelligence to read and process business documents. In 2026 it widened that platform by taking a 9.1 percent stake in the automation start-up Atacod and by buying the document software house IT Consult. It also sold its holding in the consortium Consis and bought Consis activities in document management for public healthcare. Siav builds its products in a dedicated development unit and reinvests a large share of revenue in research and development.
Founded
1990
HQ
Employees
364
Website
Sectors
Financials (LTM)
EV
$43M
Valuation Multiples
Start free trialSiav Financials
Siav reported last 12-month revenue of $43M and EBITDA of $11M.
In the same LTM period, Siav generated $42M in gross profit, $11M in EBITDA, and $3M in net income.
Revenue (LTM)
Siav P&L
In the most recent fiscal year, Siav reported revenue of $41M and EBITDA of $9M.
Siav is profitable as of last fiscal year, with gross margin of 64%, EBITDA margin of 23%, and net margin of 4%.
Financial data powered by Morningstar, Inc.
Siav Stock Performance
Siav has current market cap of $28M, and enterprise value of $43M.
Market Cap Evolution
Siav's stock price is $2.64.
Siav share price increased by 3.8% in the last 30 days, and by 5.6% in the last year.
Siav has an EPS (earnings per share) of $0.15.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $43M | $28M | -0.1% | 3.8% | -18.2% | 5.6% | $0.15 |
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Start Free TrialSiav Valuation Multiples
Siav trades at 1.0x EV/Revenue multiple, and 3.9x EV/EBITDA.
EV / Revenue (LTM)
Siav Financial Valuation Multiples
As of November 9, 2026, Siav has market cap of $28M and EV of $43M.
Siav has a P/E ratio of 9.6x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Siav 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.


Siav Margins & Growth Rates
Siav grew revenue by 5% and EBITDA by 20% in the last fiscal year.
In the most recent fiscal year, Siav reported gross margin of 64%, EBITDA margin of 23%, and net margin of 4%.
Siav Margins
Siav Growth Rates
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 38% (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).
Data powered by FactSet, Inc. and Morningstar, Inc.
Siav Competitors
Siav competitors include Aeries Technology, Observit, Bridge International Group, 2B Intelligent, Softing, Alletec, Synertec Corp, E-Data, Digital Workforce Services and IT Link.
Most Siav public comparables operate across BPO Services and IT Consulting.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $70M | $6M | 0.5x | - | 5.4x | - | |||
| $6M | $902K | 4.1x | - | 29.7x | - | |||
| $54M | $6M | 0.3x | 0.3x | 3.0x | - | |||
| - | - | - | - | - | - | |||
| $95M | $4M | 0.3x | 0.3x | 7.4x | 5.0x | |||
| $15M | $3M | 0.7x | - | 3.7x | - | |||
| $15M | ($1M) | 2.3x | 2.2x | (25.2x) | - | |||
| $49M | $1M | 0.5x | - | 25.3x | - | |||
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Acquisitions by Siav
Siav has acquired 1 company to date.
Last acquisition by Siav was on July 30th 2026. Siav acquired IT Consult for $4M (EV/Revenue multiple available to Pro users).
Latest Acquisitions by Siav
| Description | IT Consult is an Italian software house based in the Marche region, active for about 25 years, that develops proprietary software for document and process management. Its Josh platform covers business process management, electronic document management, protocol, legal archiving and conservation, with scanning, digital signature, electronic invoicing and full-text search. The solutions model processes without code, can be heavily customised and connect to major ERP and CRM systems. It has more than 70 clients in sectors that include defence, aerospace, culture, public administration and infrastructure. At 31 December 2025 it reported revenue of 2.07 million euros and EBITDA of 470 thousand euros. Before the sale its shareholders were Giovanni Marre with 52 percent, Gianfranco Bruscoli with 44 percent and Bruna Paoloni with 4 percent. Siav, a listed document management company, bought the whole share capital in 2026. |
| HQ Country | |
| HQ City | Urbino |
| Deal Date | 30 Jul 2026 |
| Valuation | $4M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Siav acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Siav
Siav has invested in 1 company to date.
Latest investment by Siav was on May 15th 2026. Siav invested in Atacod in their $1M Strategic investment round (EV/Revenue multiple available to Pro users).
Latest Investments by Siav
| Description | Atacod is an Italian software start-up based in Bassano del Grappa, in the province of Vicenza, that has developed software for business process automation since 2023. Its platform uses artificial intelligence to carry out operational and administrative tasks such as order processing, transport documents, invoices and accounting reconciliation. It can acquire, analyse and process unstructured documents and data automatically and integrates with company information systems. The technology reduces processing time, cost and errors. In April 2026 Siav signed a binding agreement to buy 9.1 percent of the company for 1 million euros at a pre-money valuation of 10 million euros, with an earn-out that can raise the stake by a further 2.2 to 8.2 percent if targets are met by the end of 2028. Siav then added the technology to its Document Intelligence platform. |
| HQ Country | |
| HQ City | Bassano del Grappa |
| Deal Date | 15 May 2026 |
| Round | Strategic investment |
| Raised | $1M |
| Investors | Siav |
| Valuation | $12M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Siav investments and their VC round multiples. Start Free Trial | |
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Start Free TrialAbout 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 Aeries Technology, Observit, Bridge International Group, 2B Intelligent, Softing, Alletec, Synertec Corp, E-Data, Digital Workforce Services, IT Link. |
| What is the current market cap of Siav? | Siav's current market cap is $28M. |
| 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 11%. |
| What is the current EV/Revenue multiple of Siav? | Current revenue multiple of Siav is 1.0x. |
| 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 3.9x. |
| What is the current FCF of Siav? | Siav's last 12 months FCF is $3M. |
| What is Siav's FCF margin? | Siav's last 12 months FCF margin is 6%. |
| What is the current EV/FCF multiple of Siav? | Current FCF multiple of Siav is 15.8x. |
| How many companies Siav has acquired to date? | As of November 2026, Siav has acquired 1 company. |
| What was the largest acquisition by Siav? | $4M acquisition of IT Consult on 30th July 2026 was the largest M&A Siav has done to date. |
| What companies Siav acquired? | Siav acquired IT Consult. |
| In how many companies Siav has invested to date? | As of November 2026, Siav has invested in 1 company. |
| What was the last Siav investment? | On 15th May 2026 Siav invested in Atacod, participating in a $1M Strategic investment round at $12M valuation. |
| In what companies Siav invested in? | Siav invested in Atacod. |
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