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Tiger Brokers Valuation Multiples
Discover revenue and EBITDA valuation multiples for Tiger Brokers and similar public comparables like Oppenheimer Holdings, Vietcap, Tokai Tokyo Financial Holdings, JM Financial and more.
Tiger Brokers Overview
About Tiger Brokers
UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support.
Founded
2018
HQ

Employees
1.2K
Website
Financials (LTM)
EV
$586M
Tiger Brokers Financials
Tiger Brokers reported last 12-month revenue of $616M and EBITDA of $237M.
In the same LTM period, Tiger Brokers generated $467M in gross profit, $237M in EBITDA, and $170M in net income.
Revenue (LTM)
Tiger Brokers P&L
In the most recent fiscal year, Tiger Brokers reported revenue of $392M and EBITDA of $151M.
Tiger Brokers expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $616M | XXX | $392M | XXX | XXX | XXX |
| Gross Profit | $467M | XXX | $255M | XXX | XXX | XXX |
| Gross Margin | 76% | XXX | 65% | XXX | XXX | XXX |
| EBITDA | $237M | XXX | $151M | XXX | XXX | XXX |
| EBITDA Margin | 38% | XXX | 39% | XXX | XXX | XXX |
| EBIT Margin | 36% | XXX | 36% | XXX | XXX | XXX |
| Net Profit | $170M | XXX | $61M | XXX | XXX | XXX |
| Net Margin | 28% | XXX | 16% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Tiger Brokers Stock Performance
Tiger Brokers has current market cap of $1B, and enterprise value of $586M.
Market Cap Evolution
Tiger Brokers' stock price is $7.23.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $586M | $1B | 2.9% | XXX | XXX | XXX | $0.34 |
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Start Free TrialTiger Brokers Valuation Multiples
Tiger Brokers trades at 1.0x EV/Revenue multiple, and 2.5x EV/EBITDA.
EV / Revenue (LTM)
Tiger Brokers Financial Valuation Multiples
As of April 16, 2026, Tiger Brokers has market cap of $1B and EV of $586M.
Equity research analysts estimate Tiger Brokers' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Tiger Brokers has a P/E ratio of 7.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $586M | XXX | $586M | XXX | XXX | XXX |
| EV/Revenue | 1.0x | XXX | 1.5x | XXX | XXX | XXX |
| EV/EBITDA | 2.5x | XXX | 3.9x | XXX | XXX | XXX |
| EV/EBIT | 2.7x | XXX | 4.2x | XXX | XXX | XXX |
| EV/Gross Profit | 1.3x | XXX | 2.3x | XXX | XXX | XXX |
| P/E | 7.6x | XXX | 21.3x | XXX | XXX | XXX |
| EV/FCF | 0.7x | XXX | 0.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Tiger Brokers 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.


Tiger Brokers Margins & Growth Rates
Tiger Brokers' revenue in the last 12 month grew by 4%.
Tiger Brokers' revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
Tiger Brokers' rule of 40 is 43% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Tiger Brokers' rule of X is 46% (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).
Tiger Brokers Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 56% | XXX | XXX | XXX |
| EBITDA Margin | 38% | XXX | 39% | XXX | XXX | XXX |
| EBITDA Growth | 12% | XXX | 52% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 43% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 46% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 9% | XXX | 7% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 12% | XXX | 20% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 8% | XXX | — | XXX | XXX | XXX |
| Opex to Revenue | 54% | XXX | 29% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Tiger Brokers Public Comps
See public comps and valuation multiples for other Investment Brokerage and Online Brokers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Tiger Brokers | XXX | XXX | XXX | XXX | XXX | XXX |
| Oppenheimer Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| Vietcap | XXX | XXX | XXX | XXX | XXX | XXX |
| Tokai Tokyo Financial Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| JM Financial | XXX | XXX | XXX | XXX | XXX | XXX |
| Edelweiss Financial Services | 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.
Tiger Brokers M&A Activity
Tiger Brokers acquired XXX companies to date.
Last acquisition by Tiger Brokers was on XXXXXXXX, XXXXX. Tiger Brokers acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Tiger Brokers
| 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 TrialTiger Brokers Investment Activity
Tiger Brokers invested in XXX companies to date.
Tiger Brokers made its latest investment on XXXXXXXX, XXXXX. Tiger Brokers invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Tiger Brokers
| 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 Tiger Brokers
| When was Tiger Brokers founded? | Tiger Brokers was founded in 2018. |
| Where is Tiger Brokers headquartered? | Tiger Brokers is headquartered in New Zealand. |
| How many employees does Tiger Brokers have? | As of today, Tiger Brokers has over 1K employees. |
| Who is the CEO of Tiger Brokers? | Tiger Brokers' CEO is Tianhua Wu. |
| Is Tiger Brokers publicly listed? | Yes, Tiger Brokers is a public company listed on Nasdaq. |
| What is the stock symbol of Tiger Brokers? | Tiger Brokers trades under TIGR ticker. |
| When did Tiger Brokers go public? | Tiger Brokers went public in 2019. |
| Who are competitors of Tiger Brokers? | Tiger Brokers main competitors are Oppenheimer Holdings, Vietcap, Tokai Tokyo Financial Holdings, JM Financial. |
| What is the current market cap of Tiger Brokers? | Tiger Brokers' current market cap is $1B. |
| What is the current revenue of Tiger Brokers? | Tiger Brokers' last 12 months revenue is $616M. |
| What is the current revenue growth of Tiger Brokers? | Tiger Brokers revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Tiger Brokers? | Current revenue multiple of Tiger Brokers is 1.0x. |
| Is Tiger Brokers profitable? | Yes, Tiger Brokers is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Tiger Brokers? | Tiger Brokers' last 12 months EBITDA is $237M. |
| What is Tiger Brokers' EBITDA margin? | Tiger Brokers' last 12 months EBITDA margin is 38%. |
| What is the current EV/EBITDA multiple of Tiger Brokers? | Current EBITDA multiple of Tiger Brokers is 2.5x. |
| What is the current FCF of Tiger Brokers? | Tiger Brokers' last 12 months FCF is $836M. |
| What is Tiger Brokers' FCF margin? | Tiger Brokers' last 12 months FCF margin is 136%. |
| What is the current EV/FCF multiple of Tiger Brokers? | Current FCF multiple of Tiger Brokers is 0.7x. |
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