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SMS Valuation Multiples
Discover revenue and EBITDA valuation multiples for SMS and similar public comparables like GlobalData, transcosmos, MLP, McMillan Shakespeare and more.
SMS Overview
About SMS
SMS Co Ltd is a Japanese company involved in providing various services targeting information infrastructure for the aging society. The company divides its search service by the following segments: nursing care, medical care, career, healthcare/senior life, and global.
Founded
2003
HQ

Employees
3.3K
Website
Financials (LTM)
EV
$870M
SMS Financials
SMS reported last 12-month revenue of $412M and EBITDA of $69M.
In the same LTM period, SMS generated $365M in gross profit, $69M in EBITDA, and $43M in net income.
Revenue (LTM)
SMS P&L
In the most recent fiscal year, SMS reported revenue of $428M and EBITDA of $77M.
SMS expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $412M | XXX | $428M | XXX | XXX | XXX |
| Gross Profit | $365M | XXX | $339M | XXX | XXX | XXX |
| Gross Margin | 89% | XXX | 79% | XXX | XXX | XXX |
| EBITDA | $69M | XXX | $77M | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 18% | XXX | XXX | XXX |
| EBIT Margin | 11% | XXX | 10% | XXX | XXX | XXX |
| Net Profit | $43M | XXX | $43M | XXX | XXX | XXX |
| Net Margin | 10% | XXX | 10% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
SMS Stock Performance
SMS has current market cap of $906M, and enterprise value of $870M.
Market Cap Evolution
SMS's stock price is $11.04.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $870M | $906M | 0.3% | XXX | XXX | XXX | $0.52 |
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Start Free TrialSMS Valuation Multiples
SMS trades at 2.1x EV/Revenue multiple, and 12.7x EV/EBITDA.
EV / Revenue (LTM)
SMS Financial Valuation Multiples
As of April 19, 2026, SMS has market cap of $906M and EV of $870M.
Equity research analysts estimate SMS's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
SMS has a P/E ratio of 21.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $906M | XXX | $906M | XXX | XXX | XXX |
| EV (current) | $870M | XXX | $870M | XXX | XXX | XXX |
| EV/Revenue | 2.1x | XXX | 2.0x | XXX | XXX | XXX |
| EV/EBITDA | 12.7x | XXX | 11.4x | XXX | XXX | XXX |
| EV/EBIT | 19.8x | XXX | 19.5x | XXX | XXX | XXX |
| EV/Gross Profit | 2.4x | XXX | 2.6x | XXX | XXX | XXX |
| P/E | 21.2x | XXX | 21.3x | XXX | XXX | XXX |
| EV/FCF | 28.1x | XXX | 31.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified SMS 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.


SMS Margins & Growth Rates
SMS's revenue in the last 12 month grew by 8%.
SMS's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.1M for the same period.
SMS's rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
SMS's rule of X is 36% (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).
SMS Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | (4%) | XXX | XXX | XXX |
| EBITDA Margin | 17% | XXX | 18% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | (11%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 25% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 36% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 21% | XXX | 21% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 70% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
SMS Public Comps
See public comps and valuation multiples for other BPO Services and Business Consulting comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| SMS | XXX | XXX | XXX | XXX | XXX | XXX |
| GlobalData | XXX | XXX | XXX | XXX | XXX | XXX |
| transcosmos | XXX | XXX | XXX | XXX | XXX | XXX |
| MLP | XXX | XXX | XXX | XXX | XXX | XXX |
| McMillan Shakespeare | XXX | XXX | XXX | XXX | XXX | XXX |
| Beyondsoft | 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.
SMS M&A Activity
SMS acquired XXX companies to date.
Last acquisition by SMS was on XXXXXXXX, XXXXX. SMS acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by SMS
| 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 |
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Start Free TrialSMS Investment Activity
SMS invested in XXX companies to date.
SMS made its latest investment on XXXXXXXX, XXXXX. SMS invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by SMS
| 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 |
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Start Free TrialAbout SMS
| When was SMS founded? | SMS was founded in 2003. |
| Where is SMS headquartered? | SMS is headquartered in Japan. |
| How many employees does SMS have? | As of today, SMS has over 3K employees. |
| Who is the CEO of SMS? | SMS's CEO is Natsuki Goto. |
| Is SMS publicly listed? | Yes, SMS is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of SMS? | SMS trades under 2175 ticker. |
| When did SMS go public? | SMS went public in 2008. |
| Who are competitors of SMS? | SMS main competitors are GlobalData, transcosmos, MLP, McMillan Shakespeare. |
| What is the current market cap of SMS? | SMS's current market cap is $906M. |
| What is the current revenue of SMS? | SMS's last 12 months revenue is $412M. |
| What is the current revenue growth of SMS? | SMS revenue growth (NTM/LTM) is 8%. |
| What is the current EV/Revenue multiple of SMS? | Current revenue multiple of SMS is 2.1x. |
| Is SMS profitable? | Yes, SMS is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of SMS? | SMS's last 12 months EBITDA is $69M. |
| What is SMS's EBITDA margin? | SMS's last 12 months EBITDA margin is 17%. |
| What is the current EV/EBITDA multiple of SMS? | Current EBITDA multiple of SMS is 12.7x. |
| What is the current FCF of SMS? | SMS's last 12 months FCF is $31M. |
| What is SMS's FCF margin? | SMS's last 12 months FCF margin is 8%. |
| What is the current EV/FCF multiple of SMS? | Current FCF multiple of SMS is 28.1x. |
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