🚀 VC round data is live in beta, check it out!
- Public Comps
- Topaz Energy
Topaz Energy Valuation Multiples
Discover revenue and EBITDA valuation multiples for Topaz Energy and similar public comparables like ALDREES Petroleum, Gibson Energy, Pennon Group, Gulfport Energy and more.
Topaz Energy Overview
About Topaz Energy
Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. It generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.
Founded
2006
HQ

Employees
13
Website
Financials (LTM)
EV
$4B
Topaz Energy Financials
Topaz Energy reported last 12-month revenue of $257M and EBITDA of $257M.
In the same LTM period, Topaz Energy generated $257M in EBITDA and $90M in net income.
Revenue (LTM)
Topaz Energy P&L
In the most recent fiscal year, Topaz Energy reported revenue of $246M and EBITDA of $245M.
Topaz Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $257M | XXX | $246M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $138M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 56% | XXX | XXX | XXX |
| EBITDA | $257M | XXX | $245M | XXX | XXX | XXX |
| EBITDA Margin | 100% | XXX | 100% | XXX | XXX | XXX |
| EBIT Margin | 107% | XXX | 104% | XXX | XXX | XXX |
| Net Profit | $90M | XXX | $94M | XXX | XXX | XXX |
| Net Margin | 35% | XXX | 38% | XXX | XXX | XXX |
| Net Debt | — | — | $415M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Topaz Energy Stock Performance
Topaz Energy has current market cap of $3B, and enterprise value of $4B.
Market Cap Evolution
Topaz Energy's stock price is $22.12.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $3B | 0.4% | XXX | XXX | XXX | $0.61 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialTopaz Energy Valuation Multiples
Topaz Energy trades at 14.9x EV/Revenue multiple, and 14.9x EV/EBITDA.
EV / Revenue (LTM)
Topaz Energy Financial Valuation Multiples
As of April 17, 2026, Topaz Energy has market cap of $3B and EV of $4B.
Equity research analysts estimate Topaz Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Topaz Energy has a P/E ratio of 38.0x.
| 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 | 14.9x | XXX | 15.6x | XXX | XXX | XXX |
| EV/EBITDA | 14.9x | XXX | 15.7x | XXX | XXX | XXX |
| EV/EBIT | 14.0x | XXX | 15.0x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 27.8x | XXX | XXX | XXX |
| P/E | 38.0x | XXX | 36.4x | XXX | XXX | XXX |
| EV/FCF | 19.7x | XXX | 20.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Topaz 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.


Topaz Energy Margins & Growth Rates
Topaz Energy's revenue in the last 12 month grew by 13%.
Topaz Energy's revenue per employee in the last FY averaged $18.9M, while opex per employee averaged $1.4M for the same period.
Topaz Energy's rule of 40 is 121% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Topaz Energy's rule of X is 151% (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).
Topaz Energy Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 15% | XXX | XXX | XXX |
| EBITDA Margin | 100% | XXX | 100% | XXX | XXX | XXX |
| EBITDA Growth | 12% | XXX | 17% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 121% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 151% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $18.9M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $1.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 3% | XXX | 5% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 7% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Topaz Energy Public Comps
See public comps and valuation multiples for other Energy Services and Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Topaz Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| ALDREES Petroleum | XXX | XXX | XXX | XXX | XXX | XXX |
| Gibson Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Pennon Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Gulfport Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| HELLENiQ ENERGY | 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.
Topaz Energy M&A Activity
Topaz Energy acquired XXX companies to date.
Last acquisition by Topaz Energy was on XXXXXXXX, XXXXX. Topaz Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Topaz 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 |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialTopaz Energy Investment Activity
Topaz Energy invested in XXX companies to date.
Topaz Energy made its latest investment on XXXXXXXX, XXXXX. Topaz Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Topaz 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 |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Topaz Energy
| When was Topaz Energy founded? | Topaz Energy was founded in 2006. |
| Where is Topaz Energy headquartered? | Topaz Energy is headquartered in Canada. |
| How many employees does Topaz Energy have? | As of today, Topaz Energy has over 13 employees. |
| Who is the CEO of Topaz Energy? | Topaz Energy's CEO is Marty Staples. |
| Is Topaz Energy publicly listed? | Yes, Topaz Energy is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Topaz Energy? | Topaz Energy trades under TPZ ticker. |
| When did Topaz Energy go public? | Topaz Energy went public in 2020. |
| Who are competitors of Topaz Energy? | Topaz Energy main competitors are ALDREES Petroleum, Gibson Energy, Pennon Group, Gulfport Energy. |
| What is the current market cap of Topaz Energy? | Topaz Energy's current market cap is $3B. |
| What is the current revenue of Topaz Energy? | Topaz Energy's last 12 months revenue is $257M. |
| What is the current revenue growth of Topaz Energy? | Topaz Energy revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of Topaz Energy? | Current revenue multiple of Topaz Energy is 14.9x. |
| Is Topaz Energy profitable? | Yes, Topaz Energy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Topaz Energy? | Topaz Energy's last 12 months EBITDA is $257M. |
| What is Topaz Energy's EBITDA margin? | Topaz Energy's last 12 months EBITDA margin is 100%. |
| What is the current EV/EBITDA multiple of Topaz Energy? | Current EBITDA multiple of Topaz Energy is 14.9x. |
| What is the current FCF of Topaz Energy? | Topaz Energy's last 12 months FCF is $195M. |
| What is Topaz Energy's FCF margin? | Topaz Energy's last 12 months FCF margin is 76%. |
| What is the current EV/FCF multiple of Topaz Energy? | Current FCF multiple of Topaz Energy is 19.7x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.