Valuation Trading Multiples & Precedent Transactions: Express Parcel and Courier Companies
Valuation benchmarks for Express Parcel and Courier Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Express Parcel and Courier Companies Market Context & Valuation Drivers
Companies in this public trading comparables group operate time-definite parcel and courier networks spanning domestic and cross-border delivery. Their core model monetizes shipment volumes through integrated logistics platforms, lastβmile distribution, and service-level guarantees for e-commerce and B2B senders. They are grouped as valuation benchmarks due to similar network economics, pricing structures per parcel, density-driven margins, and exposure to e-commerce parcel growth and international logistics flows.
Typical capabilities include domestic and international express delivery, scheduled courier services, crossβborder logistics and customs brokerage, e-commerce fulfillment and returns management, 4PL supply chain orchestration, pickup and dropβoff (PUDO) networks, realβtime tracking and route optimization, and warehousing and linehaul coordination with air and road partners. Many offer contract logistics solutions that integrate billing, label generation, and APIs for merchants, enabling scalable shipment processing and consistent SLA compliance.
Primary customer segments include e-commerce retailers and marketplaces, SMEs and enterprise shippers, and consumer senders. Key valuation drivers include parcel volume growth, yield per shipment, onβtime delivery performance, and network operating margin. Investors also track cost per stop, crossβborder mix, customer retention via contract renewals, and cash conversion/CapEx intensity, as these metrics reflect route density, service reliability, and scalability of lastβmile operations within comparable logistics models.
2. Valuation Analysis: Public Trading Comps & Multiples for Express Parcel and Courier Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Express Parcel and Courier Companies sector
Comparable group 1: Express Parcel and Courier Companies
J&T Global Express
- Enterprise value: $βββm
- Market Cap: $βββm
- EV/Revenue: β.βx
- EV/EBITDA: ββ.βx
- Description: Provider of global logistics services, specializing in express delivery and international logistics solutions, offering comprehensive logistics support for e-commerce businesses and supply chain management across a rapidly growing network.
- Key Products:
- Express Delivery: Reliable and swift delivery services for parcels of varying weights
- International Logistics: Comprehensive cross-border logistics solutions
- E-commerce Solutions: End-to-end logistics solutions tailored for online businesses
- Package Collection Services: Efficient collection and delivery of cheques, documents, and packages
- Business Parcel: Specialized shipping services for business entities.
Poste Italiane
- Enterprise value: $βββm
- Market Cap: $βββm
- EV/Revenue: β.βx
- EV/EBITDA: ββ.βx
- Description: Provider of financial, insurance, postal and logistics services, and digital payment solutions. Operates in four main segments: insurance services, financial services, mail and parcel services, and digital payments.
- Key Products:
- Postepay Digital: 100% digital prepaid card for online payments
- Poste Delivery International Standard: Cost-effective way to send parcels and documents abroad
- Mail and Parcel Services: Comprehensive solutions for sending large items nationally and internationally
- Poste Energia: Energy services covering the entire country
- Telephone Services: Incorporation of the State Company for Telephone Services (ASST) and the EIAR