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Travel Food Services Valuation Multiples
Discover revenue and EBITDA valuation multiples for Travel Food Services and similar public comparables like Saizeriya, Arcos Dorados, SSP Group, Create Restaurants and more.
Travel Food Services Overview
About Travel Food Services
Travel Food Services Ltd is a player in the fast-growing Indian airport travel quick service restaurant (Travel QSR) and lounge sector. Its Travel QSR business comprises a range of curated food and beverage (F&B) concepts across cuisines, brands and formats, which have been adapted to cater to customersβ demands for speed and convenience within travel environments. Its Lounge business comprises designated areas within airport terminals, accessible by first and business class passengers, members of airline loyalty programmes, select credit card and debit card holders and members of other loyalty programmes. The company had approximately had 37 Lounges across India, Malaysia and Hong Kong.
Founded
2007
HQ

Employees
5.5K
Website
Sectors
Financials (LTM)
EV
$2B
Travel Food Services Financials
Travel Food Services reported last 12-month revenue of $173M and EBITDA of $65M.
In the same LTM period, Travel Food Services generated $145M in gross profit, $65M in EBITDA, and $43M in net income.
Travel Food Services P&L
In the most recent fiscal year, Travel Food Services reported revenue of $183M and EBITDA of $73M.
Travel Food Services expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $173M | XXX | $183M | XXX | XXX | XXX |
| Gross Profit | $145M | XXX | $121M | XXX | XXX | XXX |
| Gross Margin | 84% | XXX | 66% | XXX | XXX | XXX |
| EBITDA | $65M | XXX | $73M | XXX | XXX | XXX |
| EBITDA Margin | 37% | XXX | 40% | XXX | XXX | XXX |
| EBIT Margin | 31% | XXX | 26% | XXX | XXX | XXX |
| Net Profit | $43M | XXX | $39M | XXX | XXX | XXX |
| Net Margin | 25% | XXX | 22% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Travel Food Services Stock Performance
Travel Food Services has current market cap of $2B, and enterprise value of $2B.
Market Cap Evolution
Travel Food Services' stock price is $13.85.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $2B | -1.4% | XXX | XXX | XXX | $0.30 |
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Start Free TrialTravel Food Services Valuation Multiples
Travel Food Services trades at 10.2x EV/Revenue multiple, and 27.1x EV/EBITDA.
Travel Food Services Financial Valuation Multiples
As of April 11, 2026, Travel Food Services has market cap of $2B and EV of $2B.
Equity research analysts estimate Travel Food Services' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Travel Food Services has a P/E ratio of 42.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 10.2x | XXX | 9.6x | XXX | XXX | XXX |
| EV/EBITDA | 27.1x | XXX | 24.0x | XXX | XXX | XXX |
| EV/EBIT | 33.1x | XXX | 37.5x | XXX | XXX | XXX |
| EV/Gross Profit | 12.1x | XXX | 14.6x | XXX | XXX | XXX |
| P/E | 42.8x | XXX | 46.3x | XXX | XXX | XXX |
| EV/FCF | 37.2x | XXX | 35.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Travel Food Services 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.


Travel Food Services Margins & Growth Rates
Travel Food Services' revenue in the last 12 month grew by 16%.
Travel Food Services' revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.0M for the same period.
Travel Food Services' rule of 40 is 47% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Travel Food Services' rule of X is 63% (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).
Travel Food Services Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 16% | XXX | (6%) | XXX | XXX | XXX |
| EBITDA Margin | 37% | XXX | 40% | XXX | XXX | XXX |
| EBITDA Growth | 12% | XXX | (12%) | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 47% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 63% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.0M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | β | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | β | XXX | 2% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 40% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Travel Food Services Public Comps
See public comps and valuation multiples for other Restaurants & Nightlife comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Saizeriya | XXX | XXX | XXX | XXX | XXX | XXX |
| Arcos Dorados | XXX | XXX | XXX | XXX | XXX | XXX |
| SSP Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Create Restaurants | XXX | XXX | XXX | XXX | XXX | XXX |
| Ziyan Foods | 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.
Travel Food Services M&A Activity
Travel Food Services acquired XXX companies to date.
Last acquisition by Travel Food Services was on XXXXXXXX, XXXXX. Travel Food Services acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Travel Food Services
| 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 TrialTravel Food Services Investment Activity
Travel Food Services invested in XXX companies to date.
Travel Food Services made its latest investment on XXXXXXXX, XXXXX. Travel Food Services invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Travel Food Services
| 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 Travel Food Services
| When was Travel Food Services founded? | Travel Food Services was founded in 2007. |
| Where is Travel Food Services headquartered? | Travel Food Services is headquartered in India. |
| How many employees does Travel Food Services have? | As of today, Travel Food Services has over 5K employees. |
| Is Travel Food Services publicly listed? | Yes, Travel Food Services is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Travel Food Services? | Travel Food Services trades under TRAVELFOOD ticker. |
| When did Travel Food Services go public? | Travel Food Services went public in 2025. |
| Who are competitors of Travel Food Services? | Travel Food Services main competitors are Saizeriya, Arcos Dorados, SSP Group, Create Restaurants. |
| What is the current market cap of Travel Food Services? | Travel Food Services' current market cap is $2B. |
| What is the current revenue of Travel Food Services? | Travel Food Services' last 12 months revenue is $173M. |
| What is the current revenue growth of Travel Food Services? | Travel Food Services revenue growth (NTM/LTM) is 16%. |
| What is the current EV/Revenue multiple of Travel Food Services? | Current revenue multiple of Travel Food Services is 10.2x. |
| Is Travel Food Services profitable? | Yes, Travel Food Services is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Travel Food Services? | Travel Food Services' last 12 months EBITDA is $65M. |
| What is Travel Food Services' EBITDA margin? | Travel Food Services' last 12 months EBITDA margin is 37%. |
| What is the current EV/EBITDA multiple of Travel Food Services? | Current EBITDA multiple of Travel Food Services is 27.1x. |
| What is the current FCF of Travel Food Services? | Travel Food Services' last 12 months FCF is $47M. |
| What is Travel Food Services' FCF margin? | Travel Food Services' last 12 months FCF margin is 27%. |
| What is the current EV/FCF multiple of Travel Food Services? | Current FCF multiple of Travel Food Services is 37.2x. |
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