Turtle Beach Valuation Multiples

Turtle Beach Overview

About Turtle Beach

Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart, with a maximum revenue portion generated during the holiday season. The majority of its revenue stems from North America.

Founded

2010

HQ

Employees

300

Website

turtlebeach.com

Sectors

Consumer ElectronicsPeripherals

Financials (LTM)

Revenue: $327M

EBITDA: $42M

EV

$299M

Valuation Multiples

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Turtle Beach Financials

Turtle Beach reported last 12-month revenue of $327M and EBITDA of $42M.

In the same LTM period, Turtle Beach generated $123M in gross profit, $42M in EBITDA, and $16M in net income.

Turtle Beach P&L

In the most recent fiscal year, Turtle Beach reported revenue of $320M and EBITDA of $40M.

Turtle Beach expects next 12-month revenue of XXX and NTM EBITDA of XXX

Turtle Beach Stock Performance

Turtle Beach has current market cap of $231M, and enterprise value of $299M.

Turtle Beach's stock price is $11.81.

Turtle Beach Valuation Multiples

Turtle Beach trades at 0.9x EV/Revenue multiple, and 7.2x EV/EBITDA.

Turtle Beach Financial Valuation Multiples

As of April 19, 2026, Turtle Beach has market cap of $231M and EV of $299M.

Equity research analysts estimate Turtle Beach's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Turtle Beach has a P/E ratio of 14.3x.

Turtle Beach Margins & Growth Rates

Turtle Beach's revenue in the last 12 month grew by 8%.

Turtle Beach's revenue per employee in the last FY averaged $1.1M, while opex per employee averaged $0.3M for the same period.

Turtle Beach's rule of 40 is 21% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Turtle Beach's rule of X is 32% (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).

Turtle Beach Public Comps

See public comps and valuation multiples for other Consumer Electronics and Peripherals comps.

Turtle Beach M&A Activity

Turtle Beach acquired XXX companies to date.

Last acquisition by Turtle Beach was on XXXXXXXX, XXXXX. Turtle Beach acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Turtle Beach Investment Activity

Turtle Beach invested in XXX companies to date.

Turtle Beach made its latest investment on XXXXXXXX, XXXXX. Turtle Beach invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).