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Wellnet Valuation Multiples
Discover revenue and EBITDA valuation multiples for Wellnet and similar public comparables like Bango, Transaction Media Networks, Qliro, HiPay and more.
Wellnet Overview
About Wellnet
Wellnet Corp provides payment services that connect real-time payment of cash by connecting store terminals of convenience stores with the company and business operators. Its service offerings include payment secretary, multipayment service, bus IT solution, convenience store cash receiving service, remittance service, invoice issuance agency service, electronic ticket electronic authentication service, and various other application services.
Founded
1983
HQ

Employees
152
Website
Financials (LTM)
Market Cap
$78M
Wellnet Financials
Wellnet reported last 12-month revenue of $74M.
In the same LTM period, Wellnet generated $7M in net income.
Revenue (LTM)
Wellnet P&L
In the most recent fiscal year, Wellnet reported revenue of $74M and EBITDA of $12M.
Wellnet expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $74M | XXX | $74M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $16M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 21% | XXX | XXX | XXX |
| EBITDA | — | XXX | $12M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 16% | XXX | XXX | XXX |
| EBIT Margin | 14% | XXX | 14% | XXX | XXX | XXX |
| Net Profit | $7M | XXX | $7M | XXX | XXX | XXX |
| Net Margin | 10% | XXX | 10% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Wellnet Stock Performance
Wellnet has current market cap of $78M.
Market Cap Evolution
Wellnet's stock price is $4.17.
| Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|
| $78M | -0.1% | XXX | XXX | XXX | $0.39 |
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Start Free TrialWellnet Valuation Multiples
Wellnet trades at (0.8x) EV/Revenue multiple, and (4.6x) EV/EBITDA.
EV / Revenue (LTM)
Wellnet Financial Valuation Multiples
As of April 18, 2026, Wellnet has market cap of $78M.
Equity research analysts estimate Wellnet's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Wellnet has a P/E ratio of 10.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $78M | XXX | $78M | XXX | XXX | XXX |
| EV (current) | ($56M) | XXX | ($56M) | XXX | XXX | XXX |
| EV/Revenue | (0.8x) | XXX | (0.8x) | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | (4.6x) | XXX | XXX | XXX |
| EV/EBIT | (5.5x) | XXX | (5.5x) | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | (3.5x) | XXX | XXX | XXX |
| P/E | 10.8x | XXX | 10.8x | XXX | XXX | XXX |
| EV/FCF | — | XXX | (4.4x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Wellnet 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.


Wellnet Margins & Growth Rates
Wellnet's revenue in the last fiscal year grew by 4%.
Wellnet's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.0M for the same period.
Wellnet Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | 4% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 16% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | 11% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 9% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Wellnet Public Comps
See public comps and valuation multiples for other Payment Service Providers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Wellnet | XXX | XXX | XXX | XXX | XXX | XXX |
| Bango | XXX | XXX | XXX | XXX | XXX | XXX |
| Transaction Media Networks | XXX | XXX | XXX | XXX | XXX | XXX |
| Qliro | XXX | XXX | XXX | XXX | XXX | XXX |
| HiPay | XXX | XXX | XXX | XXX | XXX | XXX |
| EML Payments | 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.
Wellnet M&A Activity
Wellnet acquired XXX companies to date.
Last acquisition by Wellnet was on XXXXXXXX, XXXXX. Wellnet acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Wellnet
| 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 TrialWellnet Investment Activity
Wellnet invested in XXX companies to date.
Wellnet made its latest investment on XXXXXXXX, XXXXX. Wellnet invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Wellnet
| 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 |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAbout Wellnet
| When was Wellnet founded? | Wellnet was founded in 1983. |
| Where is Wellnet headquartered? | Wellnet is headquartered in Japan. |
| How many employees does Wellnet have? | As of today, Wellnet has over 152 employees. |
| Is Wellnet publicly listed? | Yes, Wellnet is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Wellnet? | Wellnet trades under 2428 ticker. |
| When did Wellnet go public? | Wellnet went public in 2004. |
| Who are competitors of Wellnet? | Wellnet main competitors are Bango, Transaction Media Networks, Qliro, HiPay. |
| What is the current market cap of Wellnet? | Wellnet's current market cap is $78M. |
| What is the current revenue of Wellnet? | Wellnet's last 12 months revenue is $74M. |
| What is the current EV/Revenue multiple of Wellnet? | Current revenue multiple of Wellnet is (0.8x). |
| Is Wellnet profitable? | Yes, Wellnet is net-income-positive (as of the last 12 months). |
| What is the current net income of Wellnet? | Wellnet's last 12 months net income is $7M. |
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