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Syzygy Valuation Multiples

Discover revenue and EBITDA valuation multiples for Syzygy and similar public comparables like Verify Smart, Genuine Marketing Group, IMS S.A., LZ Technology Holdings and more.

Syzygy Overview

About Syzygy

Syzygy AG is a Germany-based company. It is a provider of creative, technological, and media services for digital marketing. It acts as a management holding company that provides its subsidiaries with central services relating to design, planning, technology development, accounting, information technology infrastructure, and finance. The company receives maximum revenue from the product areas of online marketing design and technical realization. Geographically, Germany accounts for the majority of the revenue of the firm.


Founded

1990

HQ

Germany

Employees

589

Website

syzygy.net

Financials (LTM)

Revenue: $64M
EBITDA: ($2M)

EV

$32M

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Syzygy Financials

Syzygy reported last 12-month revenue of $64M and negative EBITDA of ($2M).

In the same LTM period, Syzygy generated ($2M) in EBITDA losses and had net loss of ($7M).

Revenue (LTM)


Syzygy P&L

In the most recent fiscal year, Syzygy reported revenue of $67M and EBITDA of $3M.

Syzygy is unprofitable as of last fiscal year, with gross margin of 15%, EBITDA margin of 4%, and net margin of (16%).

See analyst estimates for Syzygy
LTMLast FY202320242025202620272028
Revenue$64M$67M$83M$81M$66M
Gross Profit—$10M$17M$18M$10M
Gross Margin—15%20%22%15%
EBITDA($2M)$3M$10M$12M$3M
EBITDA Margin(3%)4%12%15%5%
EBIT Margin(0%)(2%)3%6%(3%)
Net Profit($7M)($11M)($3M)($15M)($11M)
Net Margin(10%)(16%)(4%)(19%)(16%)

Financial data powered by Morningstar, Inc.

Syzygy Stock Performance

Syzygy has current market cap of $21M, and enterprise value of $32M.

Market Cap Evolution


Syzygy's stock price is $1.53.

Syzygy share price decreased by 3.1% in the last 30 days, and by 45.1% in the last year.

Syzygy has an EPS (earnings per share) of $-0.80.

See more trading valuation data for Syzygy
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$32M$21M-2.2%-3.1%-11.6%-45.1%$-0.80

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Syzygy Valuation Multiples

Syzygy trades at 0.5x EV/Revenue multiple, and (17.7x) EV/EBITDA.

See NTM and 2027E valuation multiples for Syzygy

EV / Revenue (LTM)


Syzygy Financial Valuation Multiples

As of May 17, 2026, Syzygy has market cap of $21M and EV of $32M.

Syzygy has a P/E ratio of (3.2x).

LTMLast FY202320242025202620272028
EV/Revenue0.5x0.5x0.4x0.4x0.5x
EV/EBITDA(17.7x)10.7x3.1x2.7x10.7x
EV/EBIT(155.9x)(23.5x)11.6x6.2x(18.1x)
EV/Gross Profit—3.3x1.9x1.8x3.3x
P/E(3.2x)(1.9x)(6.1x)(1.3x)(1.9x)
EV/FCF—5.9x4.4x3.1x5.9x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Syzygy Valuation Multiples

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Syzygy Margins & Growth Rates

Syzygy decreased revenue by 13% but EBITDA grew by 81% in the last fiscal year.

In the most recent fiscal year, Syzygy reported gross margin of 15%, EBITDA margin of 4%, and net margin of (16%).

See estimated margins and future growth rates for Syzygy

Syzygy Margins

Last FY202420252026202720282029
Gross Margin15%22%15%—
EBITDA Margin4%15%5%9%
EBIT Margin(2%)6%(3%)3%
Net Margin(16%)(19%)(16%)2%
FCF Margin8%13%8%—

Syzygy Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(13%)(3%)(18%)(12%)
Gross Profit Growth—9%(46%)—
EBITDA Growth81%16%(75%)81%
EBIT Growth(226%)88%(134%)(197%)
Net Profit Growth(109%)357%(30%)(109%)
FCF Growth—41%(47%)—

Data powered by FactSet, Inc. and Morningstar, Inc.

Syzygy Operational KPIs

Syzygy's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.

Syzygy's Rule of 40 is (3%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Syzygy's Rule of X is (21%) (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).

Access forward-looking KPIs for Syzygy
LTMLast FY202320242025202620272028
Rule of 40(10%)(3%)———
Bessemer Rule of X(21%)(21%)———
Revenue per Employee—$0.1M———
Opex per Employee—$0.0M———
S&M Expenses to Revenue—7%7%6%7%
G&A Expenses to Revenue—12%12%11%12%
Opex to Revenue—17%17%16%18%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Syzygy Competitors

Syzygy competitors include Verify Smart, Genuine Marketing Group, IMS S.A., LZ Technology Holdings, Fill Up Media, Dolphin Entertainment, Metacare, Obiz, Mission Group and Enero Group.

Most Syzygy public comparables operate across Advertising & Marketing.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Verify Smart————
Genuine Marketing Group————
IMS S.A.1.5x1.5x4.8x6.0x
LZ Technology Holdings0.1x—(1.0x)—
Fill Up Media1.9x1.6x15.5x9.1x
Dolphin Entertainment0.7x0.7x13.3x11.4x
Metacare2.8x—16.8x—
Obiz0.3x0.3x(38.6x)21.9x

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Syzygy M&A Activity

Syzygy has acquired 2 companies to date.

Last acquisition by Syzygy was on June 1st 2017. Syzygy acquired Catbird Seat for undisclosed valuation.

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Latest Acquisitions by Syzygy

Catbird Seat
Ars Thanea
Description
Catbird Seat is a Munich-headquartered digital marketing agency founded in 2009. The firm operates from offices in Munich and Berlin, delivering services to national and international clients across Europe. It specializes in performance marketing, SEO, social media campaigns, and programmatic advertising, establishing a strong reputation in the German market. Catbird Seat manages comprehensive digital strategies, leveraging data analytics and creative content to drive client growth in competitive online landscapes.
Ars Thanea is a Kraków-based interactive design studio specializing in digital illustrations, animations, motion graphics, and immersive web experiences. The agency collaborates with global brands including Chanel, Nike, Visa, Nvidia, Ubisoft, General Electric, and Discovery Channel on campaigns featuring augmented reality filters and interactive storytelling. Founded in 2007, Ars Thanea employs over 50 creatives and has earned awards from the Art Directors Club and Awwwards for projects like Nike's Reactland game and Chanel's digital activations. Its portfolio spans advertising, entertainment, and consumer goods sectors across Europe and North America.
HQ CountryGermanyPoland
HQ City
Munich
Warsaw
Deal Date1 Jun 201710 Feb 2014
Valuationundisclosed$2M
EV/Revenue
EV/EBITDA

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About Syzygy

When was Syzygy founded?Syzygy was founded in 1990.
Where is Syzygy headquartered?Syzygy is headquartered in Germany.
How many employees does Syzygy have?As of today, Syzygy has over 589 employees.
Is Syzygy publicly listed?Yes, Syzygy is a public company listed on Frankfurt Stock Exchange.
What is the stock symbol of Syzygy?Syzygy trades under SYZ ticker.
When did Syzygy go public?Syzygy went public in 2000.
Who are competitors of Syzygy?Syzygy main competitors include Verify Smart, Genuine Marketing Group, IMS S.A., LZ Technology Holdings, Fill Up Media, Dolphin Entertainment, Metacare, Obiz, Mission Group, Enero Group.
What is the current market cap of Syzygy?Syzygy's current market cap is $21M.
What is the current revenue of Syzygy?Syzygy's last 12 months revenue is $64M.
What is the current revenue growth of Syzygy?Syzygy revenue growth (NTM/LTM) is (7%).
What is the current EV/Revenue multiple of Syzygy?Current revenue multiple of Syzygy is 0.5x.
Is Syzygy profitable?No, Syzygy is not profitable.
What is the current EBITDA of Syzygy?Syzygy has negative EBITDA and is not profitable.
What is Syzygy's EBITDA margin?Syzygy's last 12 months EBITDA margin is (3%).
What is the current EV/EBITDA multiple of Syzygy?Current EBITDA multiple of Syzygy is (17.7x).
How many companies Syzygy has acquired to date?As of May 2026, Syzygy has acquired 2 companies.
What was the largest acquisition by Syzygy?$2M acquisition of Ars Thanea on 10th February 2014 was the largest M&A Syzygy has done to date.
What companies Syzygy acquired?Syzygy acquired Ars Thanea and Catbird Seat.
In how many companies Syzygy has invested to date?Syzygy hasn't invested in any companies yet (or none have been disclosed publicly).

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