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Terna Energy Valuation Multiples
Discover revenue and EBITDA valuation multiples for Terna Energy and similar public comparables like NuVista Energy, Pertamina Geothermal, United Energy Group, Odfjell Drilling and more.
Terna Energy Overview
About Terna Energy
Terna Energy SA is a Greece based company mainly engaged in the growing renewable energy . It promotes the development and implementation of solar, wind, geothermal, battery storage and and green hydrogen technologies, targeting a 100GW renewable energy capacity portfolio by 2030, helping to accelerate the energy transition achieve zero-carbon targets. Electricity from Renewable Sources of Energy segment mainly concerns the operation of infrastructure and public sector projects in exchange for the long-term operation of the above projects through the provision of services to the public. Geographically, the key revenue is from Greece.
Founded
1997
HQ

Employees
300
Website
Financials (FY)
EV
$4B
Terna Energy Financials
Terna Energy reported last fiscal year revenue of $401M and EBITDA of $244M.
In the same fiscal year, Terna Energy generated $237M in gross profit, $244M in EBITDA, and $38M in net income.
Terna Energy P&L
In the most recent fiscal year, Terna Energy reported revenue of $401M and EBITDA of $244M.
Terna Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $401M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $237M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 59% | XXX | XXX | XXX |
| EBITDA | — | XXX | $244M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 61% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 45% | XXX | XXX | XXX |
| Net Profit | — | XXX | $38M | XXX | XXX | XXX |
| Net Margin | — | XXX | 10% | XXX | XXX | XXX |
| Net Debt | — | — | $1B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Terna Energy Stock Performance
Terna Energy has current market cap of $3B, and enterprise value of $4B.
Terna Energy's stock price is $22.63.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $3B | 0.1% | XXX | XXX | XXX | $0.33 |
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Start Free TrialTerna Energy Valuation Multiples
Terna Energy trades at 9.2x EV/Revenue multiple, and 15.1x EV/EBITDA.
Terna Energy Financial Valuation Multiples
As of March 29, 2026, Terna Energy has market cap of $3B and EV of $4B.
Equity research analysts estimate Terna Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Terna Energy has a P/E ratio of 69.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 9.2x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 15.1x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 20.7x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 15.6x | XXX | XXX | XXX |
| P/E | — | XXX | 69.3x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 42.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Terna Energy 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.


Terna Energy Margins & Growth Rates
Terna Energy's revenue in the last fiscal year grew by 6%.
Terna Energy Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 61% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 15% | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 9% | XXX | XXX | XXX |
| R&D Expenses to Revenue | — | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 15% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Terna Energy Public Comps
See public comps and valuation multiples for other Renewable Energy and Energy Production comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| NuVista Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Pertamina Geothermal | XXX | XXX | XXX | XXX | XXX | XXX |
| United Energy Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Odfjell Drilling | XXX | XXX | XXX | XXX | XXX | XXX |
| Northern Oil & Gas | 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.
Terna Energy M&A Activity
Terna Energy acquired XXX companies to date.
Last acquisition by Terna Energy was on XXXXXXXX, XXXXX. Terna Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Terna Energy
| 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 |
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Start Free TrialTerna Energy Investment Activity
Terna Energy invested in XXX companies to date.
Terna Energy made its latest investment on XXXXXXXX, XXXXX. Terna Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Terna Energy
| 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 Terna Energy
| When was Terna Energy founded? | Terna Energy was founded in 1997. |
| Where is Terna Energy headquartered? | Terna Energy is headquartered in Greece. |
| How many employees does Terna Energy have? | As of today, Terna Energy has over 300 employees. |
| Is Terna Energy publicly listed? | Yes, Terna Energy is a public company listed on HAN. |
| What is the stock symbol of Terna Energy? | Terna Energy trades under 44T ticker. |
| When did Terna Energy go public? | Terna Energy went public in 2022. |
| Who are competitors of Terna Energy? | Terna Energy main competitors are NuVista Energy, Pertamina Geothermal, United Energy Group, Odfjell Drilling. |
| What is the current market cap of Terna Energy? | Terna Energy's current market cap is $3B. |
| What is the current revenue of Terna Energy? | Terna Energy's last fiscal year revenue is $401M. |
| What is the current EV/Revenue multiple of Terna Energy? | Current revenue multiple of Terna Energy is 9.2x. |
| Is Terna Energy profitable? | No, Terna Energy is not profitable. |
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