SSH Communications Security Valuation Multiples

SSH Communications Security Overview

About SSH Communications Security

SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company secures communications and access for and between humans, systems, and networks. The company provides software and professional services. The company products consist of Secure Mail, PrivX Hybrid PAM, Tectia SSH, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and Finland. The company derives maximum revenue from Finland. The company serves to customers from Finance, Retail, Industrial, Critical Infrastructure, Healthcare, and Government sectors.

Founded

1995

HQ

Employees

134

Website

ssh.com

Sectors

CybersecurityB2B SaaSHorizontal SaaS

Financials (LTM)

Revenue: $26M

EBITDA: $2M

EV

$125M

Valuation Multiples

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SSH Communications Security Financials

SSH Communications Security reported last 12-month revenue of $26M and EBITDA of $2M.

In the same LTM period, SSH Communications Security generated $26M in gross profit, $2M in EBITDA, and had net loss of ($3M).

SSH Communications Security P&L

In the most recent fiscal year, SSH Communications Security reported revenue of $26M and EBITDA of $2M.

SSH Communications Security expects next 12-month revenue of XXX and NTM EBITDA of XXX

SSH Communications Security Stock Performance

SSH Communications Security has current market cap of $148M, and enterprise value of $125M.

SSH Communications Security's stock price is $2.72.

SSH Communications Security Valuation Multiples

SSH Communications Security trades at 4.8x EV/Revenue multiple, and 61.4x EV/EBITDA.

SSH Communications Security Financial Valuation Multiples

As of April 2, 2026, SSH Communications Security has market cap of $148M and EV of $125M.

Equity research analysts estimate SSH Communications Security's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

SSH Communications Security has a P/E ratio of (54.1x).

SSH Communications Security Margins & Growth Rates

SSH Communications Security's revenue in the last 12 month grew by 10%.

SSH Communications Security's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.2M for the same period.

SSH Communications Security's rule of 40 is 20% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

SSH Communications Security'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).

SSH Communications Security Public Comps

See public comps and valuation multiples for other Cybersecurity comps.

SSH Communications Security M&A Activity

SSH Communications Security acquired XXX companies to date.

Last acquisition by SSH Communications Security was on XXXXXXXX, XXXXX. SSH Communications Security acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

SSH Communications Security Investment Activity

SSH Communications Security invested in XXX companies to date.

SSH Communications Security made its latest investment on XXXXXXXX, XXXXX. SSH Communications Security invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).