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Tallinna Sadam Valuation Multiples

Discover revenue and EBITDA valuation multiples for Tallinna Sadam and similar public comparables like Viking Line, Napier Port Holdings, Thessaloniki Port, Costamare Bulkers and more.

Tallinna Sadam Overview

About Tallinna Sadam

Tallinna Sadam AS is the owner and operator of the Port of Tallinn. It owns two passenger harbours (Old City Harbour and Saaremaa Harbour) and two cargo harbours (Muuga Harbour and Paldiski South Harbour). Through its subsidiary, the company also operates ferries and provides passenger transport services between Estonia’s mainland and Saaremaa and Hiiumaa islands. The group's reportable segments are Passenger harbours, Cargo harbours, Ferry and Others. Maximum revenue is derived from the Passenger harbours segment, which represents revenue generated by passenger harbours consisting mainly of vessel dues collected from ferries and cruise ships, and passenger fees charged for using services provided by the harbours. Geographically, the group earns a majority of its revenue in Estonia.


Founded

1996

HQ

Estonia

Employees

438

Website

ts.ee

Financials (LTM)

Revenue: $142M
EBITDA: $67M

EV

$563M

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Tallinna Sadam Financials

Tallinna Sadam reported last 12-month revenue of $142M and EBITDA of $67M.

In the same LTM period, Tallinna Sadam generated $67M in EBITDA and $27M in net income.

Revenue (LTM)


Tallinna Sadam P&L

In the most recent fiscal year, Tallinna Sadam reported revenue of $140M and EBITDA of $67M.

Tallinna Sadam is profitable as of last fiscal year, with gross margin of 55%, EBITDA margin of 48%, and net margin of 19%.

See analyst estimates for Tallinna Sadam
LTMLast FY202320242025202620272028
Revenue$142M$140M$136M$139M$138M
Gross Profitβ€”$78M$71M$75M$78M
Gross Marginβ€”55%53%54%56%
EBITDA$67M$67M$31M$35M$39M
EBITDA Margin48%48%23%25%28%
EBIT Margin27%27%21%25%27%
Net Profit$27M$26M$18M$22M$26M
Net Margin19%19%14%16%19%
Net Debtβ€”$165Mβ€”β€”β€”

Financial data powered by Morningstar, Inc.

Tallinna Sadam Stock Performance

Tallinna Sadam has current market cap of $411M, and enterprise value of $563M.

Market Cap Evolution


Tallinna Sadam's stock price is $1.56.

Tallinna Sadam share price decreased by 7.7% in the last 30 days, and increased by 13.7% in the last year.

Tallinna Sadam has an EPS (earnings per share) of $0.10.

See more trading valuation data for Tallinna Sadam
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$563M$411M-0.3%-7.7%-7.4%13.7%$0.10

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Tallinna Sadam Valuation Multiples

Tallinna Sadam trades at 4.0x EV/Revenue multiple, and 8.4x EV/EBITDA.

See NTM and 2027E valuation multiples for Tallinna Sadam

EV / Revenue (LTM)


Tallinna Sadam Financial Valuation Multiples

As of May 17, 2026, Tallinna Sadam has market cap of $411M and EV of $563M.

Tallinna Sadam has a P/E ratio of 15.5x.

LTMLast FY202320242025202620272028
EV/Revenue4.0x4.0x4.1x4.0x4.1x
EV/EBITDA8.4x8.4x18.4x15.9x14.4x
EV/EBIT14.9x15.0x19.5x16.4x15.0x
EV/Gross Profitβ€”7.2x7.9x7.5x7.2x
P/E15.5x15.6x22.3x18.5x15.8x
EV/FCF19.2x21.4x19.2x52.9x21.5x

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

Verified Tallinna Sadam 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.

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Tallinna Sadam Margins & Growth Rates

Tallinna Sadam grew revenue by 3% and EBITDA by 1% in the last fiscal year.

In the most recent fiscal year, Tallinna Sadam reported gross margin of 55%, EBITDA margin of 48%, and net margin of 19%.

See estimated margins and future growth rates for Tallinna Sadam

Tallinna Sadam Margins

Last FY202420252026202720282029
Gross Margin55%54%56%β€”
EBITDA Margin48%25%28%47%
EBIT Margin27%25%27%27%
Net Margin19%16%19%19%
FCF Margin19%8%19%24%

Tallinna Sadam Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth3%3%(1%)4%
Gross Profit Growthβ€”5%3%β€”
EBITDA Growth1%16%10%73%
EBIT Growth2%19%10%2%
Net Profit Growth1%21%17%3%
FCF Growth30%(64%)146%30%

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

Tallinna Sadam Operational KPIs

Tallinna Sadam's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.

Tallinna Sadam's Rule of 40 is 51% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Tallinna Sadam's Rule of X is 58% (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 Tallinna Sadam
LTMLast FY202320242025202620272028
Rule of 4050%51%β€”β€”β€”
Bessemer Rule of X55%58%β€”β€”β€”
Revenue per Employeeβ€”$0.3Mβ€”β€”β€”
Opex per Employeeβ€”$0.1Mβ€”β€”β€”
S&M Expenses to Revenueβ€”0%0%0%0%
G&A Expenses to Revenueβ€”1%1%1%1%
R&D Expenses to Revenueβ€”0%0%0%0%
Opex to Revenueβ€”29%31%29%29%

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

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Tallinna Sadam Competitors

Tallinna Sadam competitors include Viking Line, Napier Port Holdings, Thessaloniki Port, Costamare Bulkers, StealthGas, Attica Group, KNOT Offshore Partners, Seanergy Maritime, Euroseas and Fisher (James) & Sons.

Most Tallinna Sadam public comparables operate across Marine Transportation.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Viking Line1.0xβ€”8.1xβ€”
Napier Port Holdings5.5x5.3x12.6x12.5x
Thessaloniki Port2.8xβ€”6.0xβ€”
Costamare Bulkers0.7xβ€”5180.7xβ€”
StealthGas1.6x1.7x3.1x3.2x
Attica Group1.2xβ€”10.3xβ€”
KNOT Offshore Partners3.4x3.4x5.5x5.4x
Seanergy Maritime3.7x3.4x7.2x6.2x

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About Tallinna Sadam

When was Tallinna Sadam founded?Tallinna Sadam was founded in 1996.
Where is Tallinna Sadam headquartered?Tallinna Sadam is headquartered in Estonia.
How many employees does Tallinna Sadam have?As of today, Tallinna Sadam has over 438 employees.
Is Tallinna Sadam publicly listed?Yes, Tallinna Sadam is a public company listed on Nasdaq Tallinn.
What is the stock symbol of Tallinna Sadam?Tallinna Sadam trades under TSM1T ticker.
When did Tallinna Sadam go public?Tallinna Sadam went public in 2018.
Who are competitors of Tallinna Sadam?Tallinna Sadam main competitors include Viking Line, Napier Port Holdings, Thessaloniki Port, Costamare Bulkers, StealthGas, Attica Group, KNOT Offshore Partners, Seanergy Maritime, Euroseas, Fisher (James) & Sons.
What is the current market cap of Tallinna Sadam?Tallinna Sadam's current market cap is $411M.
What is the current revenue of Tallinna Sadam?Tallinna Sadam's last 12 months revenue is $142M.
What is the current revenue growth of Tallinna Sadam?Tallinna Sadam revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of Tallinna Sadam?Current revenue multiple of Tallinna Sadam is 4.0x.
Is Tallinna Sadam profitable?Yes, Tallinna Sadam is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Tallinna Sadam?Tallinna Sadam's last 12 months EBITDA is $67M.
What is Tallinna Sadam's EBITDA margin?Tallinna Sadam's last 12 months EBITDA margin is 48%.
What is the current EV/EBITDA multiple of Tallinna Sadam?Current EBITDA multiple of Tallinna Sadam is 8.4x.
What is the current FCF of Tallinna Sadam?Tallinna Sadam's last 12 months FCF is $29M.
What is Tallinna Sadam's FCF margin?Tallinna Sadam's last 12 months FCF margin is 21%.
What is the current EV/FCF multiple of Tallinna Sadam?Current FCF multiple of Tallinna Sadam is 19.2x.
How many companies Tallinna Sadam has acquired to date?Tallinna Sadam hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Tallinna Sadam has invested to date?Tallinna Sadam hasn't invested in any companies yet (or none have been disclosed publicly).

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