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TMD Energy Valuation Multiples
Discover revenue and EBITDA valuation multiples for TMD Energy and similar public comparables like Uni-Fuels, Robit, Refit, JT Group Oil and more.
TMD Energy Overview
About TMD Energy
TMD Energy Ltd is engaged in marine fuel bunkering services specializing in the supply and marketing of marine gas oil and marine fuel oil (including high sulfur fuel oil, low sulfur fuel oil and very low sulfur fuel oil), to ships and vessels at sea. It is also involved in the provision of ship management services for in-house and external vessels, as well as vessel chartering. It is currently operating with a fleet of nearly 15 bunkering vessels ranging from 540 dwt to 7,820 dwt, of which nearly nine (9) are double bottom and double hull vessels with an average cargo-carrying capacity of approximately 4,200 dwt each.
Founded
2023
HQ

Employees
221
Website
Financials (FY)
EV
$115M
TMD Energy Financials
TMD Energy reported last fiscal year revenue of $689M and EBITDA of $13M.
In the same fiscal year, TMD Energy generated $16M in gross profit, $13M in EBITDA, and $2M in net income.
TMD Energy P&L
In the most recent fiscal year, TMD Energy reported revenue of $689M and EBITDA of $13M.
TMD 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 | $689M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $16M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 2% | XXX | XXX | XXX |
| EBITDA | — | XXX | $13M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 2% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 1% | XXX | XXX | XXX |
| Net Profit | — | XXX | $2M | XXX | XXX | XXX |
| Net Margin | — | XXX | 0% | XXX | XXX | XXX |
| Net Debt | — | — | $64M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
TMD Energy Stock Performance
TMD Energy has current market cap of $29M, and enterprise value of $115M.
Market Cap Evolution
TMD Energy's stock price is $1.25.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $115M | $29M | 12.6% | XXX | XXX | XXX | $0.08 |
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Start Free TrialTMD Energy Valuation Multiples
TMD Energy trades at 0.2x EV/Revenue multiple, and 9.0x EV/EBITDA.
TMD Energy Financial Valuation Multiples
As of April 22, 2026, TMD Energy has market cap of $29M and EV of $115M.
Equity research analysts estimate TMD Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
TMD Energy has a P/E ratio of 15.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $29M | XXX | $29M | XXX | XXX | XXX |
| EV (current) | $115M | XXX | $115M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 0.2x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 9.0x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 19.0x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 7.2x | XXX | XXX | XXX |
| P/E | — | XXX | 15.7x | XXX | XXX | XXX |
| EV/FCF | — | XXX | (4.1x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified TMD 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.


TMD Energy Margins & Growth Rates
TMD Energy's revenue in the last fiscal year grew by 4%.
TMD Energy's revenue per employee in the last FY averaged $3.1M, while opex per employee averaged $0.0M for the same period.
TMD Energy Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 4% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 2% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 11% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $3.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 1% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
TMD Energy Public Comps
See public comps and valuation multiples for other Energy Infrastructure and Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| TMD Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Uni-Fuels | XXX | XXX | XXX | XXX | XXX | XXX |
| Robit | XXX | XXX | XXX | XXX | XXX | XXX |
| Refit | XXX | XXX | XXX | XXX | XXX | XXX |
| JT Group Oil | XXX | XXX | XXX | XXX | XXX | XXX |
| Oil and Gas Exploration and Production | 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.
TMD Energy M&A Activity
TMD Energy acquired XXX companies to date.
Last acquisition by TMD Energy was on XXXXXXXX, XXXXX. TMD Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by TMD 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 TrialTMD Energy Investment Activity
TMD Energy invested in XXX companies to date.
TMD Energy made its latest investment on XXXXXXXX, XXXXX. TMD Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by TMD 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 TMD Energy
| When was TMD Energy founded? | TMD Energy was founded in 2023. |
| Where is TMD Energy headquartered? | TMD Energy is headquartered in Malaysia. |
| How many employees does TMD Energy have? | As of today, TMD Energy has over 221 employees. |
| Is TMD Energy publicly listed? | Yes, TMD Energy is a public company listed on NYSE American. |
| What is the stock symbol of TMD Energy? | TMD Energy trades under TMDE ticker. |
| When did TMD Energy go public? | TMD Energy went public in 2025. |
| Who are competitors of TMD Energy? | TMD Energy main competitors are Uni-Fuels, Robit, Refit, JT Group Oil. |
| What is the current market cap of TMD Energy? | TMD Energy's current market cap is $29M. |
| What is the current revenue of TMD Energy? | TMD Energy's last fiscal year revenue is $689M. |
| What is the current EV/Revenue multiple of TMD Energy? | Current revenue multiple of TMD Energy is 0.2x. |
| Is TMD Energy profitable? | No, TMD Energy is not profitable. |
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