Valuation dashboard for Freshworks Inc. (FRSH) with P/E 22.77, P/B 4.47, EV/EBITDA 47.2 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
Freshworks Inc., a software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company’s software-as-a-service solutions includes Customer Experience (CX) and Employee Experience (EX).
What would it be worth at its usual multiples?
Versus its usual multiples: cheap · Current P/E 22.8× · Multiples range: $20.37 · $20.37.
At its sector median (31.5×) $20 (+38 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
Freshworks Inc. reported revenue of $838.8M in the most recent fiscal year, growing at a 5-year CAGR of 27.4%.
Trailing-twelve-month margins: gross margin 85.0%, operating margin 3.3%, net margin 20.5%.
At $14.72 (closing price, October 30, 2026), FRSH trades at a P/E of 22.77 and an ROE of 19.50%. Market capitalisation stands at $3.8B.
Balance sheet quality for FRSH: debt-to-equity ratio of 0.03, current ratio of 1.69 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 22.77 |
| Price / Book | 4.47 |
| EV / EBITDA | 47.2 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| FRSH | Freshworks Inc. | $3.8B | 22.77 | 4.47 | 19.5% |
| CRM | Salesforce, Inc. | $188.6B | 20.91 | 4.90 | 20.2% |
| HUBS | HubSpot, Inc. | $12.0B | 82.99 | 7.17 | 7.8% |
| SHOP.TO | Shopify Inc. | CAD 286.0B | 105.70 | 16.08 | 15.1% |
| SAP | SAP SE | $273.9B | 29.80 | 5.29 | 17.8% |
| 0VHA.L | Shopify Inc. | $219.9B | 113.21 | 17.22 | 15.1% |
| SHOP | Shopify Inc. | $204.4B | 105.70 | 16.08 | 15.1% |
| 0L5N.L | ServiceNow, Inc. | $157.1B | 98.73 | 13.12 | 13.8% |
Price
| Price | $14.72 (closing price, October 30, 2026) |
| Market Cap | $3.8B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Return on Equity | 19.50% |
| Return on Invested Capital | 3.16% |
| Return on Assets | 12.43% |
| Gross Margin | 84.96% |
| Operating Margin | 3.35% |
| Net Margin | 20.49% |
Related companies: CRM · HUBS · SHOP.TO · SAP · 0VHA.L · SHOP · 0L5N.L · UBER
Explore sector: Technology · Software - Application
More sections of FRSH: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks