Switch theme
Sign up to access all valuation multiples
Talgo SA is a Spain-based company engaged in the design and manufacture of rolling stock. It operates in three business segments: Rolling stock, which accounts for the majority of revenue; Auxiliary machines & Others; and General. The Rolling stock segment is responsible for train production, as well as for the maintenance of trains that use the company's technology. The Auxiliary Machines & Others segment provides the manufacture and technical service of lathes, as well as the sale of related spare parts. The company's product range comprises high-speed rolling stock, intercity trains, and locomotives, among others. Talgo's geographical segments are Spain, the Rest of Europe, America, the Middle East & North Africa, the Commonwealth of Independent States, and APAC.
2005
3.1K+
LTM Revenue $765M
LTM EBITDA $11.5M
$957M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Talgo has a last 12-month revenue (LTM) of $765M and a last 12-month EBITDA of $11.5M.
In the most recent fiscal year, Talgo achieved revenue of $788M and an EBITDA of -$52.1M.
Talgo expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Talgo valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $765M | XXX | $788M | XXX | XXX | XXX |
| Gross Profit | n/a | XXX | $207M | XXX | XXX | XXX |
| Gross Margin | n/a | XXX | 26% | XXX | XXX | XXX |
| EBITDA | $11.5M | XXX | -$52.1M | XXX | XXX | XXX |
| EBITDA Margin | 2% | XXX | -7% | XXX | XXX | XXX |
| EBIT | -$16.1M | XXX | $63.2M | XXX | XXX | XXX |
| EBIT Margin | -2% | XXX | 8% | XXX | XXX | XXX |
| Net Profit | -$55.6M | XXX | -$125M | XXX | XXX | XXX |
| Net Margin | -7% | XXX | -16% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $516M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of July 7, 2025, Talgo's stock price is EUR 3 (or $4).
Talgo has current market cap of EUR 367M (or $432M), and EV of EUR 812M (or $957M).
See Talgo trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $957M | $432M | XXX | XXX | XXX | XXX | $0.17 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Start Free TrialAs of July 7, 2025, Talgo has market cap of $432M and EV of $957M.
Talgo's trades at 1.2x EV/Revenue multiple, and -18.4x EV/EBITDA.
Equity research analysts estimate Talgo's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Talgo has a P/E ratio of -7.8x.
See valuation multiples for Talgo and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $432M | XXX | $432M | XXX | XXX | XXX |
| EV (current) | $957M | XXX | $957M | XXX | XXX | XXX |
| EV/Revenue | 1.3x | XXX | 1.2x | XXX | XXX | XXX |
| EV/EBITDA | 83.2x | XXX | -18.4x | XXX | XXX | XXX |
| EV/EBIT | -59.3x | XXX | 15.1x | XXX | XXX | XXX |
| EV/Gross Profit | n/a | XXX | n/a | XXX | XXX | XXX |
| P/E | -7.8x | XXX | -3.5x | XXX | XXX | XXX |
| EV/FCF | -28.3x | XXX | -5.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialTalgo's last 12 month revenue growth is 0%
Talgo's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $46K for the same period.
Talgo's rule of 40 is 12% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Talgo's rule of X is 2% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Talgo and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 0% | XXX | 0% | XXX | XXX | XXX |
| EBITDA Margin | 2% | XXX | -7% | XXX | XXX | XXX |
| EBITDA Growth | 597% | XXX | -10% | XXX | XXX | XXX |
| Rule of 40 | 12% | XXX | -6% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 2% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $46K | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 18% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Aurizon Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Bangkok Expressway | XXX | XXX | XXX | XXX | XXX | XXX |
| Container Corporation of India | XXX | XXX | XXX | XXX | XXX | XXX |
| Titagarh Rail Systems | XXX | XXX | XXX | XXX | XXX | XXX |
| Indian Railway Catering and Tourism | 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.
Talgo acquired XXX companies to date.
Last acquisition by Talgo was XXXXXXXX, XXXXX XXXXX XXXXXX . Talgo acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Talgo founded? | Talgo was founded in 2005. |
| Where is Talgo headquartered? | Talgo is headquartered in Spain. |
| How many employees does Talgo have? | As of today, Talgo has 3.1K+ employees. |
| Who is the CEO of Talgo? | Talgo's CEO is Mr. Gonzalo Pedro Urquijo Fernandez De Araoz. |
| Is Talgo publicy listed? | Yes, Talgo is a public company listed on MAD. |
| What is the stock symbol of Talgo? | Talgo trades under TLGO ticker. |
| When did Talgo go public? | Talgo went public in 2015. |
| Who are competitors of Talgo? | Similar companies to Talgo include e.g. Aurizon Holdings, Bangkok Expressway, Container Corporation of India, Titagarh Rail Systems. |
| What is the current market cap of Talgo? | Talgo's current market cap is $432M |
| What is the current revenue of Talgo? | Talgo's last 12 months revenue is $765M. |
| What is the current revenue growth of Talgo? | Talgo revenue growth (NTM/LTM) is 0%. |
| What is the current EV/Revenue multiple of Talgo? | Current revenue multiple of Talgo is 1.3x. |
| Is Talgo profitable? | Yes, Talgo is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Talgo? | Talgo's last 12 months EBITDA is $11.5M. |
| What is Talgo's EBITDA margin? | Talgo's last 12 months EBITDA margin is 2%. |
| What is the current EV/EBITDA multiple of Talgo? | Current EBITDA multiple of Talgo is 83.2x. |
| What is the current FCF of Talgo? | Talgo's last 12 months FCF is -$33.9M. |
| What is Talgo's FCF margin? | Talgo's last 12 months FCF margin is -4%. |
| What is the current EV/FCF multiple of Talgo? | Current FCF multiple of Talgo is -28.3x. |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
