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Wavestone Valuation Multiples
Discover Wavestone's revenue and EBITDA valuation multiples and M&A history, alongside public comparables like Kainos Group, Chinasoft International, Taiji Computer, Beijing Topnew Info and more.
Wavestone Overview
About Wavestone
Wavestone SA is a management and Information Technology consulting firm. The company serves Services, Consumer goods and distribution, Energy and Utilities, Manufacturing, Public sector and International Institutions, and the Transport and Travel sector. Its technologies include IT and Data architecture, Cybersecurity and digital trust, and others. It provides services such as financial risks and purchases, management and financing of innovation, supply chain, and others. Geographically, it generates the majority of its revenue from France.
Founded
1990
HQ

Employees
6.1K
Website
Sectors
Financials (LTM)
EV
$1B
Valuation Multiples
Start free trialWavestone Financials
Wavestone reported last 12-month revenue of $1B and EBITDA of $156M.
In the same LTM period, Wavestone generated $156M in EBITDA and $94M in net income.
Revenue (LTM)
Wavestone P&L
In the most recent fiscal year, Wavestone reported revenue of $1B and EBITDA of $150M.
Wavestone is profitable as of last fiscal year, with gross margin of 22%, EBITDA margin of 14%, and net margin of 8%.
Financial data powered by Morningstar, Inc.
Wavestone Stock Performance
Wavestone has current market cap of $1B, and enterprise value of $1B.
Market Cap Evolution
Wavestone's stock price is $55.22.
Wavestone share price decreased by 0.1% in the last 30 days, and by 19.2% in the last year.
Wavestone has an EPS (earnings per share) of $3.58.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | -0.1% | -0.1% | 1.9% | -19.2% | $3.58 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialWavestone Valuation Multiples
Wavestone trades at 1.2x EV/Revenue multiple, and 8.7x EV/EBITDA.
EV / Revenue (LTM)
Wavestone Financial Valuation Multiples
As of June 2, 2026, Wavestone has market cap of $1B and EV of $1B.
Wavestone has a P/E ratio of 14.4x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Wavestone 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.


Wavestone Margins & Growth Rates
Wavestone grew revenue by 1% and EBITDA by 3% in the last fiscal year.
In the most recent fiscal year, Wavestone reported gross margin of 22%, EBITDA margin of 14%, and net margin of 8%.
Wavestone Margins
Wavestone Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Wavestone Operational KPIs
Wavestone's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.
Wavestone's Rule of 40 is 17% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Wavestone's Rule of X is 20% (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).
Data powered by FactSet, Inc. and Morningstar, Inc.
Wavestone Competitors
Wavestone competitors include Kainos Group, Chinasoft International, Taiji Computer, Beijing Topnew Info, Systex, NSD Co, Sify Technologies, Norbit, Neusoft and Al Moammar Information.
Most Wavestone public comparables operate across IT Consulting.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 2.5x | 2.1x | 16.9x | 13.5x | |||
| 0.6x | 0.6x | 11.7x | 10.8x | |||
| 1.5x | 1.5x | (30.2x) | (187.5x) | |||
| 31.9x | - | (363.0x) | - | |||
| 0.7x | - | 9.3x | - | |||
| 1.5x | 1.3x | 8.3x | - | |||
| 3.9x | 2.3x | 19.0x | 9.9x | |||
| 4.7x | 4.3x | 15.7x | 15.2x | |||
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Acquisitions by Wavestone
Wavestone has acquired 12 companies to date.
Last acquisition by Wavestone was on January 16th 2024. Wavestone acquired Aspirant for $24M (EV/Revenue multiple available to Pro users).
Latest Acquisitions by Wavestone
| Description | Aspirant is a New York-headquartered wealth management firm advising high-net-worth athletes and executives. The company manages $5 billion in assets through personalized financial planning, tax strategies, and investment portfolios. It operates in 12 US cities with dedicated sports finance teams. | Q_PERIOR is a Munich-based international consulting firm at the business-IT interface. It draws on three decades of experience from predecessor companies agens Consulting, ESPRiT Consulting, and paricon. Services emphasize dynamic, proactive, and personal approaches to client projects. The firm maintains green initiatives including electric scooters for employee mobility. | Coeus Consulting is a technology advisory firm delivering digital transformation services including strategy development, IT sourcing, enterprise architecture, and organizational change management. Singapore-headquartered, the company serves enterprises across Asia Pacific with tailored solutions for cloud migration, cybersecurity frameworks, and agile methodologies. Coeus Consulting partners with global technology providers like Microsoft and AWS to implement scalable infrastructures for financial institutions and manufacturing sectors. | PEN Partnership is a UK-based management consultancy specializing in customer experience, operational excellence, and change delivery. Established in 2012, it advises clients in financial services, pharmaceuticals, retail, and consumer goods. PEN deploys sector experts for projects enhancing service design and process optimization across Europe. | |
| HQ Country | |||||
| HQ City | Pittsburgh, PA | Munich | London | London | |
| Deal Date | 16 Jan 2024 | 26 Jul 2023 | 15 Sep 2022 | 4 Aug 2022 | |
| Valuation | $24M | $356M | $22M | $38M | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Start Free TrialAbout Wavestone
| When was Wavestone founded? | Wavestone was founded in 1990. |
| Where is Wavestone headquartered? | Wavestone is headquartered in France. |
| How many employees does Wavestone have? | As of today, Wavestone has over 6K employees. |
| Who is the CEO of Wavestone? | Wavestone's CEO is Pascal Imbert. |
| Is Wavestone publicly listed? | Yes, Wavestone is a public company listed on Euronext Paris. |
| What is the stock symbol of Wavestone? | Wavestone trades under WAVE ticker. |
| When did Wavestone go public? | Wavestone went public in 2000. |
| Who are competitors of Wavestone? | Wavestone main competitors include Kainos Group, Chinasoft International, Taiji Computer, Beijing Topnew Info, Systex, NSD Co, Sify Technologies, Norbit, Neusoft, Al Moammar Information. |
| What is the current market cap of Wavestone? | Wavestone's current market cap is $1B. |
| What is the current revenue of Wavestone? | Wavestone's last 12 months revenue is $1B. |
| What is the current revenue growth of Wavestone? | Wavestone revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Wavestone? | Current revenue multiple of Wavestone is 1.2x. |
| What is the current EBITDA of Wavestone? | Wavestone's last 12 months EBITDA is $156M. |
| What is Wavestone's EBITDA margin? | Wavestone's last 12 months EBITDA margin is 14%. |
| What is the current EV/EBITDA multiple of Wavestone? | Current EBITDA multiple of Wavestone is 8.7x. |
| What is the current FCF of Wavestone? | Wavestone's last 12 months FCF is $102M. |
| What is Wavestone's FCF margin? | Wavestone's last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of Wavestone? | Current FCF multiple of Wavestone is 13.4x. |
| How many companies Wavestone has acquired to date? | As of June 2026, Wavestone has acquired 12 companies. |
| What was the largest acquisition by Wavestone? | $356M acquisition of Q_PERIOR on 26th July 2023 was the largest M&A Wavestone has done to date. |
| What companies Wavestone acquired? | Wavestone acquired Q_PERIOR, PEN Partnership, Aspirant, Coeus Consulting, Xceed Group, Metis Consulting, Hudson & Yorke Ltd, New Vantage Partners, Hapsis SA, Audisoft Consultants, and 2 other companies. |
| In how many companies Wavestone has invested to date? | Wavestone hasn't invested in any companies yet (or none have been disclosed publicly). |
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