Axgate Valuation Multiples

Discover revenue and EBITDA valuation multiples for Axgate and similar public comparables like Clavister Holding, Qoria, WALLIX, Cy4gate and more.

Axgate Overview

About Axgate

Axgate Co Ltd is engaged in network security solutions and control services. The company develops control systems, network security systems, and other products. The company produces and sells essential products for information security such as VPN, FW, UTM, and provides related services.


Founded

2010

HQ

South Korea

Employees

143

Website

axgate.com

Financials (FY)

Revenue: $32M
EBITDA: $4M

EV

$203M

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Axgate Financials

Axgate reported last fiscal year revenue of $32M and EBITDA of $4M.

In the same fiscal year, Axgate generated $19M in gross profit, $4M in EBITDA, and $3M in net income.


Axgate P&L

In the most recent fiscal year, Axgate reported revenue of $32M and EBITDA of $4M.

Axgate is profitable as of last fiscal year, with gross margin of 59%, EBITDA margin of 11%, and net margin of 8%.

See analyst estimates for Axgate
Last FY202320242025202620272028
Revenue$32M$29M$29M$32M
Gross Profit$19M$18M$18M$19M
Gross Margin59%62%61%59%
EBITDA$4M($268K)$4M$4M
EBITDA Margin11%(1%)12%11%
EBIT Margin8%10%8%8%
Net Profit$3M$198K$3M$3M
Net Margin8%1%9%8%

Financial data powered by Morningstar, Inc.

Axgate Stock Performance

Axgate has current market cap of $208M, and enterprise value of $203M.

Market Cap Evolution


Axgate's stock price is $7.29.

Axgate share price decreased by 34.4% in the last 30 days, and increased by 43.8% in the last year.

Axgate has an EPS (earnings per share) of $0.09.

See more trading valuation data for Axgate
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$203M$208M-0.5%-34.4%-23.0%43.8%$0.09

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Axgate Valuation Multiples

Axgate trades at 6.3x EV/Revenue multiple, and 55.0x EV/EBITDA.

See NTM and 2027E valuation multiples for Axgate

Axgate Financial Valuation Multiples

As of July 19, 2026, Axgate has market cap of $208M and EV of $203M.

Axgate has a P/E ratio of 79.8x.

Last FY202320242025202620272028
EV/Revenue6.3x7.0x7.0x6.3x
EV/EBITDA55.0xn/m57.7x55.0x
EV/EBIT80.4x73.6x86.6x80.4x
EV/Gross Profit10.6x11.3x11.5x10.6x
P/E79.8xn/m77.3x79.8x
EV/FCFn/m161.4x(55.0x)n/m

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Axgate Valuation Multiples

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Axgate Margins & Growth Rates

In the most recent fiscal year, Axgate reported gross margin of 59%, EBITDA margin of 11%, and net margin of 8%.

See estimated margins and future growth rates for Axgate

Axgate Margins

Last FY20242025202720282029
Gross Margin59%61%59%
EBITDA Margin11%12%11%
EBIT Margin8%8%8%
Net Margin8%9%8%
FCF Margin0%(13%)0%

Axgate Growth Rates

23/2424/2526/2727/2828/29
Revenue Growth1%11%
Gross Profit Growth(2%)9%
EBITDA Growth(1414%)5%
EBIT Growth(15%)8%
Net Profit Growth1257%(3%)
FCF Growth(394%)(103%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Axgate Operational KPIs

Axgate's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.

Access forward-looking KPIs for Axgate
Last FY202320242025202620272028
Revenue per Employee$0.2M---
Opex per Employee$0.1M---
S&M Expenses to Revenue20%21%19%20%
G&A Expenses to Revenue4%4%4%4%
R&D Expenses to Revenue8%8%9%8%
Opex to Revenue52%53%53%52%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Axgate Competitors

Axgate competitors include Clavister Holding, Qoria, WALLIX, Cy4gate, Ivalue Infosolutions, FFRI Security, Micro Systemation, Hennge, Acer Cyber Security and Gogolook.

Most Axgate public comparables operate across Cybersecurity.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Clavister Holding7.8x6.5x45.3x27.5x
Qoria3.1x2.5x25.2x13.6x
WALLIX3.8x3.4x33.7x51.0x
Cy4gate1.8x1.7x8.6x8.0x
Ivalue Infosolutions1.3x1.3x9.5x9.8x
FFRI Security8.3x8.3x24.2x-
Micro Systemation2.9x2.8x15.1x14.1x
Hennge3.1x3.1x18.5x-

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About Axgate

When was Axgate founded?Axgate was founded in 2010.
Where is Axgate headquartered?Axgate is headquartered in South Korea.
How many employees does Axgate have?As of today, Axgate has over 143 employees.
Is Axgate publicly listed?Yes, Axgate is a public company listed on Korea Exchange.
What is the stock symbol of Axgate?Axgate trades under 356680 ticker.
When did Axgate go public?Axgate went public in 2023.
Who are competitors of Axgate?Axgate main competitors include Clavister Holding, Qoria, WALLIX, Cy4gate, Ivalue Infosolutions, FFRI Security, Micro Systemation, Hennge, Acer Cyber Security, Gogolook.
What is the current market cap of Axgate?Axgate's current market cap is $208M.
What is the current revenue of Axgate?Axgate's last fiscal year revenue is $32M.
What is the current EV/Revenue multiple of Axgate?Current revenue multiple of Axgate is 6.3x.
Is Axgate profitable?No, Axgate is not profitable.
How many companies Axgate has acquired to date?Axgate hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Axgate has invested to date?Axgate hasn't invested in any companies yet (or none have been disclosed publicly).

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