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Spadel Valuation Multiples
Discover revenue and EBITDA valuation multiples for Spadel and similar public comparables like Toly Bread, Treehouse Foods, Podravka, Italmobiliare and more.
Spadel Overview
About Spadel
Spadel SA produces and markets mineral water, lemonade, and fruit juices. The company also sells water coolers and dispensers. It produces brands of natural mineral water, spring water, and refreshing beverages. Its products are marketed under the brand names Spa, Bru, Wattwiller, Carola, and Brecon.
Founded
1980
HQ

Employees
1.3K
Website
Sectors
Financials (FY)
EV
$1B
Spadel Financials
Spadel reported last fiscal year revenue of $438M and EBITDA of $86M.
In the same fiscal year, Spadel generated $173M in gross profit, $86M in EBITDA, and $47M in net income.
Spadel P&L
In the most recent fiscal year, Spadel reported revenue of $438M and EBITDA of $86M.
Spadel expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $438M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $173M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 39% | XXX | XXX | XXX |
| EBITDA | — | XXX | $86M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 20% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 13% | XXX | XXX | XXX |
| Net Profit | — | XXX | $47M | XXX | XXX | XXX |
| Net Margin | — | XXX | 11% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Spadel Stock Performance
Spadel has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
Spadel's stock price is $309.26.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | 0.3% | XXX | XXX | XXX | $11.41 |
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Start Free TrialSpadel Valuation Multiples
Spadel trades at 2.6x EV/Revenue multiple, and 13.1x EV/EBITDA.
Spadel Financial Valuation Multiples
As of March 19, 2026, Spadel has market cap of $1B and EV of $1B.
Equity research analysts estimate Spadel's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Spadel has a P/E ratio of 27.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 2.6x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 13.1x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 20.4x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 6.5x | XXX | XXX | XXX |
| P/E | — | XXX | 27.1x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 21.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Spadel 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.


Spadel Margins & Growth Rates
Spadel's revenue in the last fiscal year grew by 10%.
Spadel Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 20% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 30% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 27% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Spadel Public Comps
See public comps and valuation multiples for other Food & Beverages comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Toly Bread | XXX | XXX | XXX | XXX | XXX | XXX |
| Treehouse Foods | XXX | XXX | XXX | XXX | XXX | XXX |
| Podravka | XXX | XXX | XXX | XXX | XXX | XXX |
| Italmobiliare | XXX | XXX | XXX | XXX | XXX | XXX |
| Carabao Group | 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.
Spadel M&A Activity
Spadel acquired XXX companies to date.
Last acquisition by Spadel was on XXXXXXXX, XXXXX. Spadel acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Spadel
| 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 TrialSpadel Investment Activity
Spadel invested in XXX companies to date.
Spadel made its latest investment on XXXXXXXX, XXXXX. Spadel invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Spadel
| 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 Spadel
| When was Spadel founded? | Spadel was founded in 1980. |
| Where is Spadel headquartered? | Spadel is headquartered in Belgium. |
| How many employees does Spadel have? | As of today, Spadel has over 1K employees. |
| Who is the CEO of Spadel? | Spadel's CEO is Marc du Bois. |
| Is Spadel publicly listed? | Yes, Spadel is a public company listed on Euronext Brussels. |
| What is the stock symbol of Spadel? | Spadel trades under SPA ticker. |
| When did Spadel go public? | Spadel went public in 1985. |
| Who are competitors of Spadel? | Spadel main competitors are Toly Bread, Treehouse Foods, Podravka, Italmobiliare. |
| What is the current market cap of Spadel? | Spadel's current market cap is $1B. |
| What is the current revenue of Spadel? | Spadel's last fiscal year revenue is $438M. |
| What is the current EV/Revenue multiple of Spadel? | Current revenue multiple of Spadel is 2.6x. |
| Is Spadel profitable? | No, Spadel is not profitable. |
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