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Solar Valuation Multiples
Discover revenue and EBITDA valuation multiples for Solar and similar public comparables like Methode Electronics, Kuroda Group, Everspin, Mtron and more.
Solar Overview
About Solar
Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.
Founded
1919
HQ

Employees
2.9K
Website
Sectors
Financials (LTM)
EV
$507M
Solar Financials
Solar reported last 12-month revenue of $2B and EBITDA of $78M.
In the same LTM period, Solar generated $400M in gross profit, $78M in EBITDA, and $9M in net income.
Revenue (LTM)
Solar P&L
In the most recent fiscal year, Solar reported revenue of $2B and EBITDA of $82M.
Solar expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | $400M | XXX | $387M | XXX | XXX | XXX |
| Gross Margin | 20% | XXX | 20% | XXX | XXX | XXX |
| EBITDA | $78M | XXX | $82M | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | 4% | XXX | XXX | XXX |
| EBIT Margin | 1% | XXX | 1% | XXX | XXX | XXX |
| Net Profit | $9M | XXX | $12M | XXX | XXX | XXX |
| Net Margin | 0% | XXX | 1% | XXX | XXX | XXX |
| Net Debt | — | — | $185M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Solar Stock Performance
Solar has current market cap of $253M, and enterprise value of $507M.
Market Cap Evolution
Solar's stock price is $31.80.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $507M | $253M | -0.7% | XXX | XXX | XXX | $1.47 |
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Start Free TrialSolar Valuation Multiples
Solar trades at 0.3x EV/Revenue multiple, and 6.5x EV/EBITDA.
EV / Revenue (LTM)
Solar Financial Valuation Multiples
As of April 14, 2026, Solar has market cap of $253M and EV of $507M.
Equity research analysts estimate Solar's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Solar has a P/E ratio of 26.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $253M | XXX | $253M | XXX | XXX | XXX |
| EV (current) | $507M | XXX | $507M | XXX | XXX | XXX |
| EV/Revenue | 0.3x | XXX | 0.3x | XXX | XXX | XXX |
| EV/EBITDA | 6.5x | XXX | 6.2x | XXX | XXX | XXX |
| EV/EBIT | 19.1x | XXX | 17.6x | XXX | XXX | XXX |
| EV/Gross Profit | 1.3x | XXX | 1.3x | XXX | XXX | XXX |
| P/E | 26.8x | XXX | 21.6x | XXX | XXX | XXX |
| EV/FCF | (23.3x) | XXX | (23.8x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Solar 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.


Solar Margins & Growth Rates
Solar's revenue in the last 12 month grew by 5%.
Solar's revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.1M for the same period.
Solar's rule of 40 is 12% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Solar's rule of X is 23% (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).
Solar Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Margin | 4% | XXX | 4% | XXX | XXX | XXX |
| EBITDA Growth | 5% | XXX | (9%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 12% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 23% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 19% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Solar Public Comps
See public comps and valuation multiples for other Electronic Components comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Solar | XXX | XXX | XXX | XXX | XXX | XXX |
| Methode Electronics | XXX | XXX | XXX | XXX | XXX | XXX |
| Kuroda Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Everspin | XXX | XXX | XXX | XXX | XXX | XXX |
| Mtron | XXX | XXX | XXX | XXX | XXX | XXX |
| Concurrent Technologies | 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.
Solar M&A Activity
Solar acquired XXX companies to date.
Last acquisition by Solar was on XXXXXXXX, XXXXX. Solar acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Solar
| 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 |
Get Verified M&A Valuation Multiples
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Start Free TrialSolar Investment Activity
Solar invested in XXX companies to date.
Solar made its latest investment on XXXXXXXX, XXXXX. Solar invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Solar
| 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 Solar
| When was Solar founded? | Solar was founded in 1919. |
| Where is Solar headquartered? | Solar is headquartered in Denmark. |
| How many employees does Solar have? | As of today, Solar has over 2K employees. |
| Who is the CEO of Solar? | Solar's CEO is Jens E. Andersen. |
| Is Solar publicly listed? | Yes, Solar is a public company listed on Nasdaq Copenhagen. |
| What is the stock symbol of Solar? | Solar trades under SOLAR B ticker. |
| When did Solar go public? | Solar went public in 1993. |
| Who are competitors of Solar? | Solar main competitors are Methode Electronics, Kuroda Group, Everspin, Mtron. |
| What is the current market cap of Solar? | Solar's current market cap is $253M. |
| What is the current revenue of Solar? | Solar's last 12 months revenue is $2B. |
| What is the current revenue growth of Solar? | Solar revenue growth (NTM/LTM) is 5%. |
| What is the current EV/Revenue multiple of Solar? | Current revenue multiple of Solar is 0.3x. |
| Is Solar profitable? | Yes, Solar is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Solar? | Solar's last 12 months EBITDA is $78M. |
| What is Solar's EBITDA margin? | Solar's last 12 months EBITDA margin is 4%. |
| What is the current EV/EBITDA multiple of Solar? | Current EBITDA multiple of Solar is 6.5x. |
| What is the current FCF of Solar? | Solar's last 12 months FCF is ($22M). |
| What is Solar's FCF margin? | Solar's last 12 months FCF margin is (1%). |
| What is the current EV/FCF multiple of Solar? | Current FCF multiple of Solar is (23.3x). |
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