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STO Express Valuation Multiples
Discover revenue and EBITDA valuation multiples for STO Express and similar public comparables like Delhivery, Eastern Air Logistics, Agility Global, Kalmar Corp. and more.
STO Express Overview
About STO Express
STO Express is one of the Tongda operators, the top four national express delivery companies that adopt the network partner model. Tongdas provides line-haul transportation, sorting, and waybill services to network partners for fees, while local network partners provide first-mile pickup and last-mile delivery services under the Tongdasโ brands and collect the payments. STO was founded in 1993 by Nie Tengfei. His widow's brother, Chen Dejun, is now chair. The family held over 34% of the company as of Sept. 30, 2024. STOโs strategic shareholder is Cainiao Smart Logistics Network with a 25% stake. Alibaba can exercise its share options to purchase an additional 21% of STO from the family before Dec. 27, 2025, at CNY 16.50 per share.
Founded
1993
HQ

Employees
N/A
Website
Sectors
Financials (LTM)
EV
$5B
STO Express Financials
STO Express reported last 12-month revenue of $8B and EBITDA of $650M.
In the same LTM period, STO Express generated $524M in gross profit, $650M in EBITDA, and $210M in net income.
Revenue (LTM)
STO Express P&L
In the most recent fiscal year, STO Express reported revenue of $7B and EBITDA of $517M.
STO Express expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $8B | XXX | $7B | XXX | XXX | XXX |
| Gross Profit | $524M | XXX | $415M | XXX | XXX | XXX |
| Gross Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA | $650M | XXX | $517M | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 7% | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 3% | XXX | XXX | XXX |
| Net Profit | $210M | XXX | $152M | XXX | XXX | XXX |
| Net Margin | 2% | XXX | 2% | XXX | XXX | XXX |
| Net Debt | โ | โ | $436M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
STO Express Stock Performance
STO Express has current market cap of $4B, and enterprise value of $5B.
Market Cap Evolution
STO Express' stock price is $2.52.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5B | $4B | 0.0% | XXX | XXX | XXX | $0.10 |
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Start Free TrialSTO Express Valuation Multiples
STO Express trades at 0.6x EV/Revenue multiple, and 7.5x EV/EBITDA.
EV / Revenue (LTM)
STO Express Financial Valuation Multiples
As of April 19, 2026, STO Express has market cap of $4B and EV of $5B.
Equity research analysts estimate STO Express' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
STO Express has a P/E ratio of 18.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $5B | XXX | $5B | XXX | XXX | XXX |
| EV/Revenue | 0.6x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 7.5x | XXX | 9.5x | XXX | XXX | XXX |
| EV/EBIT | 16.5x | XXX | 20.8x | XXX | XXX | XXX |
| EV/Gross Profit | 9.3x | XXX | 11.8x | XXX | XXX | XXX |
| P/E | 18.4x | XXX | 25.3x | XXX | XXX | XXX |
| EV/FCF | 60.3x | XXX | 48.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified STO Express 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.


STO Express Margins & Growth Rates
STO Express' revenue in the last 12 month grew by 16%.
STO Express' rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
STO Express' rule of X is 52% (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).
STO Express Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 16% | XXX | 17% | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Growth | 7% | XXX | 23% | XXX | XXX | XXX |
| Rule of 40 | โ | XXX | 25% | XXX | XXX | XXX |
| Bessemer Rule of X | โ | XXX | 52% | XXX | XXX | XXX |
| S&M Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | โ | XXX | 3% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
STO Express Public Comps
See public comps and valuation multiples for other Logistics & Air Freight comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| STO Express | XXX | XXX | XXX | XXX | XXX | XXX |
| Delhivery | XXX | XXX | XXX | XXX | XXX | XXX |
| Eastern Air Logistics | XXX | XXX | XXX | XXX | XXX | XXX |
| Agility Global | XXX | XXX | XXX | XXX | XXX | XXX |
| Kalmar Corp. | XXX | XXX | XXX | XXX | XXX | XXX |
| Yamato Holdings | 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.
STO Express M&A Activity
STO Express acquired XXX companies to date.
Last acquisition by STO Express was on XXXXXXXX, XXXXX. STO Express acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by STO Express
| 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 TrialSTO Express Investment Activity
STO Express invested in XXX companies to date.
STO Express made its latest investment on XXXXXXXX, XXXXX. STO Express invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by STO Express
| 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 STO Express
| When was STO Express founded? | STO Express was founded in 1993. |
| Where is STO Express headquartered? | STO Express is headquartered in China. |
| Is STO Express publicly listed? | Yes, STO Express is a public company listed on Shenzhen Stock Exchange. |
| What is the stock symbol of STO Express? | STO Express trades under 002468 ticker. |
| When did STO Express go public? | STO Express went public in 2010. |
| Who are competitors of STO Express? | STO Express main competitors are Delhivery, Eastern Air Logistics, Agility Global, Kalmar Corp.. |
| What is the current market cap of STO Express? | STO Express' current market cap is $4B. |
| What is the current revenue of STO Express? | STO Express' last 12 months revenue is $8B. |
| What is the current revenue growth of STO Express? | STO Express revenue growth (NTM/LTM) is 16%. |
| What is the current EV/Revenue multiple of STO Express? | Current revenue multiple of STO Express is 0.6x. |
| Is STO Express profitable? | Yes, STO Express is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of STO Express? | STO Express' last 12 months EBITDA is $650M. |
| What is STO Express' EBITDA margin? | STO Express' last 12 months EBITDA margin is 8%. |
| What is the current EV/EBITDA multiple of STO Express? | Current EBITDA multiple of STO Express is 7.5x. |
| What is the current FCF of STO Express? | STO Express' last 12 months FCF is $81M. |
| What is STO Express' FCF margin? | STO Express' last 12 months FCF margin is 1%. |
| What is the current EV/FCF multiple of STO Express? | Current FCF multiple of STO Express is 60.3x. |
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