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Tuya Inc is an IoT cloud development platform with a mission to build an IoT developer ecosystem and enable everything to be smart. The Company has pioneered a purpose-built IoT cloud development platform that delivers a full suite of offerings, including platform-as-a-service (PaaS) and Software-as-a-service (SaaS), to businesses and developers. Through its IoT cloud development platform, it has enabled developers to activate a vibrant IoT ecosystem of brands, OEMs, partners, and end users to engage and communicate through a broad range of smart devices. The company's revenue is derived from the PRC.
2014
1.4K+
Last FY Revenue $38.1M
Last FY EBITDA -$5.4M
$669M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
In the most recent fiscal year, Tuya achieved revenue of $38.1M and an EBITDA of -$5.4M.
Tuya expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Tuya valuation multiples based on analyst estimates| NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Revenue | XXX | $38.1M | XXX | XXX | XXX |
| Gross Profit | XXX | $18.1M | XXX | XXX | XXX |
| Gross Margin | XXX | 47% | XXX | XXX | XXX |
| EBITDA | XXX | -$5.4M | XXX | XXX | XXX |
| EBITDA Margin | XXX | -14% | XXX | XXX | XXX |
| EBIT | XXX | -$6.1M | XXX | XXX | XXX |
| EBIT Margin | XXX | -16% | XXX | XXX | XXX |
| Net Profit | XXX | $0.6M | XXX | XXX | XXX |
| Net Margin | XXX | 2% | XXX | XXX | XXX |
| Net Debt | XXX | n/a | XXX | XXX | XXX |
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As of May 30, 2025, Tuya's stock price is HKD 20 (or $2).
Tuya has current market cap of HKD 11.9B (or $1.5B), and EV of HKD 5.2B (or $669M).
See Tuya trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $669M | $1.5B | XXX | XXX | XXX | XXX | n/a |
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Start Free TrialAs of May 30, 2025, Tuya has market cap of $1.5B and EV of $669M.
Tuya's trades at 17.6x EV/Revenue multiple, and -123.3x EV/EBITDA.
Equity research analysts estimate Tuya's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Tuya's P/E ratio is not available.
See valuation multiples for Tuya and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1.5B | XXX | $1.5B | XXX | XXX | XXX |
| EV (current) | $669M | XXX | $669M | XXX | XXX | XXX |
| EV/Revenue | n/a | XXX | 17.6x | XXX | XXX | XXX |
| EV/EBITDA | n/a | XXX | -123.3x | XXX | XXX | XXX |
| EV/EBIT | n/a | XXX | -110.1x | XXX | XXX | XXX |
| EV/Gross Profit | n/a | XXX | n/a | XXX | XXX | XXX |
| P/E | n/a | XXX | 2380.1x | XXX | XXX | XXX |
| EV/FCF | n/a | XXX | 78.0x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialTuya's revenue per employee in the last FY averaged $27K, while opex per employee averaged $17K for the same period.
Tuya's rule of 40 is unknown (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Tuya's rule of X is unknown (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Tuya and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | n/a | XXX | n/a | XXX | XXX | XXX |
| EBITDA Margin | n/a | XXX | -14% | XXX | XXX | XXX |
| EBITDA Growth | n/a | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | n/a | XXX | n/a | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | n/a | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $27K | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $17K | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 12% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 32% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 63% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| TKH Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Tanla Platforms | XXX | XXX | XXX | XXX | XXX | XXX |
| MapmyIndia | XXX | XXX | XXX | XXX | XXX | XXX |
| Pyramid | XXX | XXX | XXX | XXX | XXX | XXX |
| NCTE | 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 acquired XXX companies to date.
Last acquisition by Tuya was XXXXXXXX, XXXXX XXXXX XXXXXX . Tuya acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Tuya founded? | Tuya was founded in 2014. |
| Where is Tuya headquartered? | Tuya is headquartered in Hong Kong. |
| How many employees does Tuya have? | As of today, Tuya has 1.4K+ employees. |
| Who is the CEO of Tuya? | Tuya's CEO is Mr. Xueji Wang. |
| Is Tuya publicy listed? | Yes, Tuya is a public company listed on HKG. |
| What is the stock symbol of Tuya? | Tuya trades under 02391 ticker. |
| When did Tuya go public? | Tuya went public in 2022. |
| Who are competitors of Tuya? | Similar companies to Tuya include e.g. TKH Group, Tanla Platforms, MapmyIndia, Pyramid. |
| What is the current market cap of Tuya? | Tuya's current market cap is $1.5B |
| Is Tuya profitable? | Yes, Tuya is EBITDA-positive (as of the last 12 months). |
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