ZTE Valuation Multiples

ZTE Overview

About ZTE

ZTE Corp is a provider of integrated telecommunications and IT solutions with a full range of end-to-end ICT products and solutions integrating design, development, production, sales, and services with a special focus on carriers’ networks, government and corporate business, and consumer business. It operates in three segments Carriers’ network, Consumer Business, and Government and Corporate Business. It generates a majority of its revenue from equipment supporting carriers' networks. It has a presence in the PRC, Asia, Africa, Europe, and the Americas. It generates the majority of its revenue from the PRC region.

Founded

1997

HQ

Employees

68.4K

Website

zte.com.cn

Sectors

Computer HardwareNetworking HardwareDeepTech

Financials (LTM)

Revenue: $20B

EBITDA: $2B

EV

$25B

Valuation Multiples

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ZTE Financials

ZTE reported last 12-month revenue of $20B and EBITDA of $2B.

In the same LTM period, ZTE generated $6B in gross profit, $2B in EBITDA, and $883M in net income.

ZTE P&L

In the most recent fiscal year, ZTE reported revenue of $20B and EBITDA of $2B.

ZTE expects next 12-month revenue of XXX and NTM EBITDA of XXX

ZTE Stock Performance

ZTE has current market cap of $23B, and enterprise value of $25B.

ZTE's stock price is $4.83.

ZTE Valuation Multiples

ZTE trades at 1.3x EV/Revenue multiple, and 16.7x EV/EBITDA.

ZTE Financial Valuation Multiples

As of April 19, 2026, ZTE has market cap of $23B and EV of $25B.

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

ZTE has a P/E ratio of 26.2x.

ZTE Margins & Growth Rates

ZTE's revenue in the last 12 month grew by 12%.

ZTE's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.

ZTE's rule of 40 is 19% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

ZTE's rule of X is 36% (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).

ZTE Public Comps

See public comps and valuation multiples for other Computer Hardware and Networking Hardware comps.

ZTE M&A Activity

ZTE acquired XXX companies to date.

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

ZTE Investment Activity

ZTE invested in XXX companies to date.

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