Valuation Trading Multiples & Precedent Transactions: IoT Device Connectivity and Management Companies
Valuation benchmarks for IoT Device Connectivity and Management Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - IoT Device Connectivity and Management Companies Market Context & Valuation Drivers
Companies in this trading comparable group build and operate cloud-based IoT platforms that connect, manage, and analyze large fleets of devices and assets. Their models blend subscription software, managed services, and hardware attach to deliver telemetry, automation, and visibility. They are grouped as comparables given similar recurring revenue profiles, device-driven data scale, and platform ecosystems spanning connectivity, analytics, and applications across retail, logistics, smart home, and industrial end markets.
Typical capabilities include IoT device provisioning and management, edge and cloud analytics, over‑the‑air updates, telematics for fleets and mobile assets, computer vision and video safety, electronic shelf labels with retail automation, RFID readers/tags for item-level tracking, mapping and location APIs, and integration toolkits (APIs/SDKs) that embed connectivity into enterprise workflows. Many offer multi-tenant SaaS platforms, hardware gateways and sensors, and data visualization to monitor utilization, productivity, and security in real time.
Primary customers include retailers, transportation and logistics operators, and industrial manufacturers deploying connected devices at scale. Valuation benchmarks emphasize ARR growth, subscription mix versus hardware revenue, gross margin profile, net revenue retention, device footprint expansion, and contract churn. Outcomes sought include improved asset utilization, lower operating costs, safer operations, and real‑time visibility, which drive upsell potential, multi‑year contracts, and durable recurring cash flows.
2. Valuation Analysis: Public Trading Comps & Multiples for IoT Device Connectivity and Management Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for IoT Device Connectivity and Management Companies sector
Comparable group 1: IoT Device Connectivity and Management Companies
EZVIZ Network
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of smart home security solutions focused on offering intelligent devices and cloud-based platforms to enhance safety and convenience in homes and businesses.
- Key Products:
- Security Cameras: Provides a range of cameras for home and business surveillance
- Smart Detection Systems: Delivers intelligent detection and alerting solutions for enhanced safety
- Cloud Storage: Offers cloud-based data storage and management
- Home Automation Devices: Facilitates smart home integrations for seamless connectivity
- Mobile Applications: Develops apps for remote monitoring and control of smart devices.
Vusion
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of smart digital labels and retail IoT solutions, delivering electronic shelf labels, cloud-based store management, and real-time data analytics to enhance operational efficiency, inventory management, and customer engagement in physical retail environments.
- Key Products:
- Electronic shelf labels: Digital price tags to streamline pricing strategies and enhance customer experience
- VusionCloud: Cloud-based platform managing IoT devices and retail operations
- Captana: AI-powered vision system optimizing inventory and shelf management
- Engage In-Store Retail Media: Digital solutions for dynamic in-store marketing and advertisement
- Memory Retail Intelligence: Analytics tool for actionable insights and data-driven decisions.