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- Tuya
Tuya Valuation Multiples
Discover revenue and EBITDA valuation multiples for Tuya and similar public comparables like Sensirion, Gosuncn Technology Group, Nexwise Intelligence, Arlo and more.
Tuya Overview
About Tuya
Tuya Inc is an AI cloud platform service provider dedicated to bringing AI into everyday life. The group leverages its TuyaOpen open-source framework and universal AI Agent engines, including the AI Agent development platform, to integrate multimodal AI capabilities and reduce barriers to AI development. It drives the adoption of AI-powered lifestyles and speeds up the integration of AI with the physical world. It offers innovative physical AI solutions for smart devices, commercial use, and industry developers using cloud computing and spatial intelligence. It also provides a complete, open, and neutral global AIoT ecosystem. It builds a developer community that collaborates to create smart solutions grounded in sustainability, security, efficiency, agility, and openness.
Founded
2014
HQ

Employees
1.4K
Website
Sectors
Financials (LTM)
EV
$512M
Tuya Financials
Tuya reported last 12-month revenue of $333M and EBITDA of $25M.
In the same LTM period, Tuya generated $160M in gross profit, $25M in EBITDA, and $60M in net income.
Revenue (LTM)
Tuya P&L
In the most recent fiscal year, Tuya reported revenue of $299M and EBITDA of ($43M).
Tuya expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $333M | XXX | $299M | XXX | XXX | XXX |
| Gross Profit | $160M | XXX | $141M | XXX | XXX | XXX |
| Gross Margin | 48% | XXX | 47% | XXX | XXX | XXX |
| EBITDA | $25M | XXX | ($43M) | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | (14%) | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | (16%) | XXX | XXX | XXX |
| Net Profit | $60M | XXX | $5M | XXX | XXX | XXX |
| Net Margin | 18% | XXX | 2% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Tuya Stock Performance
Tuya has current market cap of $1B, and enterprise value of $512M.
Market Cap Evolution
Tuya's stock price is $2.39.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $512M | $1B | 0.1% | XXX | XXX | XXX | $0.01 |
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Start Free TrialTuya Valuation Multiples
Tuya trades at 1.5x EV/Revenue multiple, and 20.1x EV/EBITDA.
EV / Revenue (LTM)
Tuya Financial Valuation Multiples
As of April 20, 2026, Tuya has market cap of $1B and EV of $512M.
Equity research analysts estimate Tuya's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Tuya has a P/E ratio of 24.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $512M | XXX | $512M | XXX | XXX | XXX |
| EV/Revenue | 1.5x | XXX | 1.7x | XXX | XXX | XXX |
| EV/EBITDA | 20.1x | XXX | (12.0x) | XXX | XXX | XXX |
| EV/EBIT | 24.5x | XXX | (10.8x) | XXX | XXX | XXX |
| EV/Gross Profit | 3.2x | XXX | 3.6x | XXX | XXX | XXX |
| P/E | 24.2x | XXX | 292.1x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 7.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Tuya 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.


Tuya Margins & Growth Rates
Tuya's revenue in the last 12 month grew by 12%.
Tuya's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Tuya's rule of 40 is 21% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Tuya's rule of X is 38% (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).
Tuya Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | 8% | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | (14%) | XXX | XXX | XXX |
| EBITDA Growth | 50% | XXX | (151%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 21% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 38% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 12% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 23% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 25% | XXX | 32% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 63% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Tuya Public Comps
See public comps and valuation multiples for other IoT comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Tuya | XXX | XXX | XXX | XXX | XXX | XXX |
| Sensirion | XXX | XXX | XXX | XXX | XXX | XXX |
| Gosuncn Technology Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Nexwise Intelligence | XXX | XXX | XXX | XXX | XXX | XXX |
| Arlo | XXX | XXX | XXX | XXX | XXX | XXX |
| Bittium | 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.
Tuya M&A Activity
Tuya acquired XXX companies to date.
Last acquisition by Tuya was on XXXXXXXX, XXXXX. Tuya acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Tuya
| 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 TrialTuya Investment Activity
Tuya invested in XXX companies to date.
Tuya made its latest investment on XXXXXXXX, XXXXX. Tuya invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Tuya
| 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 Tuya
| When was Tuya founded? | Tuya was founded in 2014. |
| Where is Tuya headquartered? | Tuya is headquartered in China. |
| How many employees does Tuya have? | As of today, Tuya has over 1K employees. |
| Who is the CEO of Tuya? | Tuya's CEO is Xueji Wang. |
| Is Tuya publicly listed? | Yes, Tuya is a public company listed on NYSE. |
| What is the stock symbol of Tuya? | Tuya trades under TUYA ticker. |
| When did Tuya go public? | Tuya went public in 2021. |
| Who are competitors of Tuya? | Tuya main competitors are Sensirion, Gosuncn Technology Group, Nexwise Intelligence, Arlo. |
| What is the current market cap of Tuya? | Tuya's current market cap is $1B. |
| What is the current revenue of Tuya? | Tuya's last 12 months revenue is $333M. |
| What is the current revenue growth of Tuya? | Tuya revenue growth (NTM/LTM) is 12%. |
| What is the current EV/Revenue multiple of Tuya? | Current revenue multiple of Tuya is 1.5x. |
| Is Tuya profitable? | Yes, Tuya is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Tuya? | Tuya's last 12 months EBITDA is $25M. |
| What is Tuya's EBITDA margin? | Tuya's last 12 months EBITDA margin is 8%. |
| What is the current EV/EBITDA multiple of Tuya? | Current EBITDA multiple of Tuya is 20.1x. |
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