ASBFY (Associated British Foods) Enterprise Value: $22,728 Mil (As of Jun. 26, 2026) ***


ASBFY Associated British Foods PLC ASBFY
83 GF Score
Price $26.37
GF Value $30.35
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Associated British Foods Enterprise Value?

Associated British Foods ASBFY +0.11% 83 Enterprise Value is $22,728 Mil as of Jun. 26, 2026. GuruFocus rates ASBFY with a GF Score™ of 83/100 and a GF Value™ of $30.35 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Associated British Foods's Enterprise Value is $22,728 Mil. Associated British Foods's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was $2,176 Mil. Therefore, Associated British Foods's EV-to-EBIT ratio for today is 10.45.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Associated British Foods's Enterprise Value is $22,728 Mil. Associated British Foods's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was $3,548 Mil. Therefore, Associated British Foods's EV-to-EBITDA ratio for today is 6.41.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Associated British Foods's Enterprise Value is $22,728 Mil. Associated British Foods's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was $26,259 Mil. Therefore, Associated British Foods's EV-to-Revenue ratio for today is 0.87.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Associated British Foods's Enterprise Value is $22,728 Mil. Associated British Foods's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was $3,048 Mil. Therefore, Associated British Foods's EV-to-OCF ratio for today is 7.46.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Associated British Foods's Enterprise Value is $22,728 Mil. Associated British Foods's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was $1,429 Mil. Therefore, Associated British Foods's EV-to-FCF ratio for today is 15.91.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Associated British Foods  (OTCPK:ASBFY) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Associated British Foods's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=22728.047/2175.851
=10.45

Associated British Foods's current Enterprise Value is $22,728 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Associated British Foods's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was $2,176 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Associated British Foods's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=22728.047/3548.322
=6.41

Associated British Foods's current Enterprise Value is $22,728 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Associated British Foods's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was $3,548 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Associated British Foods's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=22728.047/26258.503
=0.87

Associated British Foods's current Enterprise Value is $22,728 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Associated British Foods's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was $26,259 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Associated British Foods's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=22728.047/3047.682
=7.46

Associated British Foods's current Enterprise Value is $22,728 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Associated British Foods's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was $3,048 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Associated British Foods's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=22728.047/1428.681
=15.91

Associated British Foods's current Enterprise Value is $22,728 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Associated British Foods's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was $1,429 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Associated British Foods Enterprise Value Related Terms


Associated British Foods Enterprise Value Historical Data

* Premium members only.

The historical data trend for Associated British Foods's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Associated British Foods Enterprise Value Chart

Associated British Foods Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,919.59 16,188.82 22,606.98 27,073.11 24,798.59

Associated British Foods Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24,958.43 27,073.11 20,935.21 24,798.59 23,102.21

ASBFY vs KHC, GIS: Enterprise Value Comparison

For the Packaged Foods subindustry, Associated British Foods's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Associated British Foods Enterprise Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Associated British Foods's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Associated British Foods's Enterprise Value falls into.


ASBFY
83GF Score
Associated British Foods PLC ASBFY
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Associated British Foods Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Associated British Foods's Enterprise Value for the fiscal year that ended in Aug. 2025 is calculated as

Associated British Foods's Enterprise Value for the quarter that ended in Feb. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $22,728 Mil mean?
Associated British Foods (ASBFY) has a Enterprise Value of $22,728 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Associated British Foods and its competitors.
Is Associated British Foods' Enterprise Value too high?
Associated British Foods' current Enterprise Value is $22,728 Mil. Overall, Associated British Foods has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated British Foods' Enterprise Value compare to KHC and GIS?
Associated British Foods' Enterprise Value of $22,728 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Consumer Packaged Goods company?
A good Enterprise Value depends on the Consumer Packaged Goods industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Associated British Foods and its competitors. Associated British Foods's current Enterprise Value is $22,728 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Foods stock overvalued right now?
Based on GuruFocus' analysis, Associated British Foods (ASBFY) is currently considered Modestly Undervalued. The stock's GF Value™ is $30.35, compared to a current price of $26.37 — trading 13.1% below its estimated fair value. The current Enterprise Value is $22,728 Mil. Associated British Foods' overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Associated British Foods (ASBFY), the current Enterprise Value is $22,728 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Associated British Foods (ASBFY) Overvalued in 2026?

Based on GuruFocus' analysis, Associated British Foods stock appears to be undervalued. The current stock price of $26.37 is trading 13.1% below its estimated GF Value™ of $30.35. GuruFocus considers Associated British Foods to be Modestly Undervalued.

Key valuation signals for ASBFY:

  • Enterprise Value: $22,728 Mil
  • GF Value™: $30.35 vs. price of $26.37 (13.1% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the ASBFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Associated British Foods Business Description

Address 10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY
Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On April 21, 2026, ABF announced it plans to separate Primark and the food businesses. Subject to approvals, the demerger is expected to become effective at the end of 2027.
83GF Score

Get the complete analysis for ASBFY

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.37
Price
$30.35
GF Value