Valuation Trading Multiples & Precedent Transactions: Naval Defense Systems Manufacturers
Valuation benchmarks for Naval Defense Systems Manufacturers. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
Public companies in this group design, build and support naval platforms and missionβcritical subsystemsβwarships, submarines, propulsion, nuclear systems, sensors and controls. They participate in longβcycle defense programs with mixed fixedβprice and costβplus contracts and recurring sustainment revenues. Grouped as public trading comparables, they provide valuation benchmarks for naval defense manufacturing and systems integration businesses with similar government exposure, certification requirements, backlog visibility and aftermarket margins.
Typical capabilities span surface combatant and submarine shipbuilding; marine propulsion using diesel engines, gas turbines and electric drives; naval nuclear reactor design, components and fuel; precision gearboxes, slide bearings and industrial valves; C4ISR, navigation and commandβandβcontrol software; robotics and unmanned systems for EOD and surveillance; ruggedized electronics, sensors and hardware design; and lifecycle services including modernization, MRO, spares management and performanceβbased logistics.
Primary buyers include national navies and defense ministries, coast guards and maritime security agencies, and prime contractors/shipyards. Valuation drivers for comparable company analysis include funded backlog and bookβtoβbill, program diversification across platforms, revenue growth from new awards, EBITDA margin stability, aftermarket share and cash conversion. Export licensing, budget visibility and sustainment contracts underpin longβterm revenue predictability and support public trading comparables and valuation benchmarks.
2. Valuation Analysis: Public Trading Comps & Multiples for Naval Defense Systems Manufacturers companies
2.1 - Public Peer Groups & Median Valuation Multiples for Naval Defense Systems Manufacturers sector
Description: Public companies in this group design, build and support naval platforms and missionβcritical subsystemsβwarships, submarines, propulsion, nuclear systems, sensors and controls. They participate in longβcycle defense programs with mixed fixedβprice and costβplus contracts and recurring sustainment revenues. Grouped as public trading comparables, they provide valuation benchmarks for naval defense manufacturing and systems integration businesses with similar government exposure, certification requirements, backlog visibility and aftermarket margins.
Description:
Provider of comprehensive marine and defense equipment with a focus on producing and manufacturing military ships, marine and defense equipment, and coast guard vessels.
Key Products:
Defense Equipment Products: Military ships, coast guard equipment, and other defense-related vessels
Marine Equipment: Diverse marine engineering solutions and technology services.
Description:
Provider of propulsion and drive technology solutions for vehicles, ships, and various machinery, offering reliable and innovative systems for both civil and military applications.
Key Products:
Vehicle Mobility Solutions: Superior mobility solutions for military vehicles
Marine & Industry: Propulsion solutions for naval and civil marine combining standard high-speed power sources such as diesel engines and gas turbines
Slide Bearings: Mission-critical solutions for large electric drives, including energy generation and mechanical engineering applications
Suspensions Systems: Advanced suspension systems for wheeled and tracked vehicles
Hybrid Propulsion Systems: Innovative hybrid drive systems for various applications.
Valuation FAQ: Naval Defense Systems Manufacturers
What is the current median EV/Revenue multiple for Naval Defense Systems Manufacturers?
Based on our index of public trading comparables, the median Enterprise Value to Revenue (EV/Rev) multiple for the Naval Defense Systems Manufacturers sector is currently
β.βx.
High-growth peers in the top quartile are trading at
ββ.βx.
View full data.
What is the average EV/EBITDA multiple for companies in this sector?
Profitable companies in the Naval Defense Systems Manufacturers sector trade at a median EV/EBITDA multiple of
ββ.βx.
This represents a change vs the 5-year historical average.
Our platform tracks EBITDA multiples for Naval Defense Systems Manufacturers and other key peer groups.
How have valuation multiples for Naval Defense Systems Manufacturers trended over the last 5 years?
Valuations have adjusted since 2021.
The sector saw peak multiples of ββ.βx EV/Revenue, settling to a 5-year average of β.βx today.
Access our Historical Trends chart for granular monthly data.
What are recent M&A transaction multiples in the Naval Defense Systems Manufacturers space?
Recent precedent transactions indicate implied enterprise values ranging from
β.βx to
ββ.βx Revenue.
Private market deals often trade at a liquidity discount compared to public peers.
Unlock the full list of precedent transactions.
Which public companies are used as trading comps for Naval Defense Systems Manufacturers?
The primary trading comparable group includes Naval Defense Systems Manufacturers.
Key constituents used for benchmarking include large-cap leaders and specialized mid-cap players.
See the full list of companies in the Public Trading Comps section.
How do I value a private company in the Naval Defense Systems Manufacturers sector?
Valuing a private Naval Defense Systems Manufacturers company typically involves applying current
EV/Revenue and EV/EBITDA multiples from public peers to the private company's financial metrics.
A discount for lack of marketability (DLOM) of 20-30% is often applied.
Our private company valuation database provides the exact multiples needed for this calculation.
What are the Naval Defense Systems Manufacturers industry valuation multiples for 2025?
For 2025, the Naval Defense Systems Manufacturers industry is trading at a median EV/Revenue multiple of
β.βx.
This reflects current market sentiment, interest rates, and growth expectations.
Access our platform to see how these multiples have changed from 2024 to 2025.
What is the difference between trading comps and transaction multiples for Naval Defense Systems Manufacturers?
Trading comps look at how public markets value similar companies today, while
transaction multiples (or precedent transactions) look at the price paid in past M&A deals.
Transaction multiples often include a "control premium," typically resulting in higher valuations than trading comps.
Our database tracks both trading multiples and M&A transaction multiples.
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