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- TruGolf
TruGolf Valuation Multiples
Discover revenue and EBITDA valuation multiples for TruGolf and similar public comparables like Starward Industries, Ovid Works, Nitro Games, Edyoutec and more.
TruGolf Overview
About TruGolf
TruGolf Holdings Inc is a indoor golf gaming solutions company. It has built video games (including Links, a sports game for PC), hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT.
Founded
1995
HQ

Employees
72
Website
Financials (LTM)
Market Cap
$4M
TruGolf Financials
TruGolf reported last 12-month revenue of $19M and negative EBITDA of ($3M).
In the same LTM period, TruGolf generated $12M in gross profit, ($3M) in EBITDA losses, and had net loss of ($11M).
Revenue (LTM)
TruGolf P&L
In the most recent fiscal year, TruGolf reported revenue of $22M and EBITDA of ($1M).
TruGolf expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $19M | XXX | $22M | XXX | XXX | XXX |
| Gross Profit | $12M | XXX | $15M | XXX | XXX | XXX |
| Gross Margin | 63% | XXX | 67% | XXX | XXX | XXX |
| EBITDA | ($3M) | XXX | ($1M) | XXX | XXX | XXX |
| EBITDA Margin | (17%) | XXX | (6%) | XXX | XXX | XXX |
| EBIT Margin | (24%) | XXX | (10%) | XXX | XXX | XXX |
| Net Profit | ($11M) | XXX | ($9M) | XXX | XXX | XXX |
| Net Margin | (60%) | XXX | (40%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
TruGolf Stock Performance
TruGolf has current market cap of $4M.
Market Cap Evolution
TruGolf's stock price is $0.82.
| Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|
| $4M | 0.0% | XXX | XXX | XXX | $-1.74 |
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Start Free TrialTruGolf Valuation Multiples
TruGolf trades at (0.2x) EV/Revenue multiple, and 0.9x EV/EBITDA.
EV / Revenue (LTM)
TruGolf Financial Valuation Multiples
As of April 8, 2026, TruGolf has market cap of $4M.
Equity research analysts estimate TruGolf's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
TruGolf has a P/E ratio of (0.4x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4M | XXX | $4M | XXX | XXX | XXX |
| EV (current) | ($3M) | XXX | ($3M) | XXX | XXX | XXX |
| EV/Revenue | (0.2x) | XXX | (0.1x) | XXX | XXX | XXX |
| EV/EBITDA | 0.9x | XXX | 2.4x | XXX | XXX | XXX |
| EV/EBIT | 0.6x | XXX | 1.4x | XXX | XXX | XXX |
| EV/Gross Profit | (0.2x) | XXX | (0.2x) | XXX | XXX | XXX |
| P/E | (0.4x) | XXX | (0.5x) | XXX | XXX | XXX |
| EV/FCF | 1.0x | XXX | 0.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified TruGolf 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.


TruGolf Margins & Growth Rates
TruGolf's revenue in the last 12 month grew by 18%.
TruGolf's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
TruGolf's rule of 40 is 9% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
TruGolf's rule of X is 35% (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).
TruGolf Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 18% | XXX | (16%) | XXX | XXX | XXX |
| EBITDA Margin | (17%) | XXX | (6%) | XXX | XXX | XXX |
| EBITDA Growth | (69%) | XXX | 221% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 9% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 35% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 73% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 76% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
TruGolf Public Comps
See public comps and valuation multiples for other Gaming - Console & PC and VR & AR comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Starward Industries | XXX | XXX | XXX | XXX | XXX | XXX |
| Ovid Works | XXX | XXX | XXX | XXX | XXX | XXX |
| Nitro Games | XXX | XXX | XXX | XXX | XXX | XXX |
| Edyoutec | XXX | XXX | XXX | XXX | XXX | XXX |
| ManyDev Studio | 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.
TruGolf M&A Activity
TruGolf acquired XXX companies to date.
Last acquisition by TruGolf was on XXXXXXXX, XXXXX. TruGolf acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by TruGolf
| 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 TrialTruGolf Investment Activity
TruGolf invested in XXX companies to date.
TruGolf made its latest investment on XXXXXXXX, XXXXX. TruGolf invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by TruGolf
| 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 TruGolf
| When was TruGolf founded? | TruGolf was founded in 1995. |
| Where is TruGolf headquartered? | TruGolf is headquartered in United States. |
| How many employees does TruGolf have? | As of today, TruGolf has over 72 employees. |
| Who is the CEO of TruGolf? | TruGolf's CEO is Christopher Jones. |
| Is TruGolf publicly listed? | Yes, TruGolf is a public company listed on Nasdaq. |
| What is the stock symbol of TruGolf? | TruGolf trades under TRUG ticker. |
| When did TruGolf go public? | TruGolf went public in 2024. |
| Who are competitors of TruGolf? | TruGolf main competitors are Starward Industries, Ovid Works, Nitro Games, Edyoutec. |
| What is the current market cap of TruGolf? | TruGolf's current market cap is $4M. |
| What is the current revenue of TruGolf? | TruGolf's last 12 months revenue is $19M. |
| What is the current revenue growth of TruGolf? | TruGolf revenue growth (NTM/LTM) is 18%. |
| What is the current EV/Revenue multiple of TruGolf? | Current revenue multiple of TruGolf is (0.2x). |
| Is TruGolf profitable? | No, TruGolf is not profitable. |
| What is the current EBITDA of TruGolf? | TruGolf has negative EBITDA and is not profitable. |
| What is TruGolf's EBITDA margin? | TruGolf's last 12 months EBITDA margin is (17%). |
| What is the current EV/EBITDA multiple of TruGolf? | Current EBITDA multiple of TruGolf is 0.9x. |
| What is the current FCF of TruGolf? | TruGolf's last 12 months FCF is ($3M). |
| What is TruGolf's FCF margin? | TruGolf's last 12 months FCF margin is (14%). |
| What is the current EV/FCF multiple of TruGolf? | Current FCF multiple of TruGolf is 1.0x. |
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