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, Aspen Aerogels's Enterprise Value is $429.8 Mil.
Aspen Aerogels's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-99.0 Mil. Therefore, Aspen Aerogels's EV-to-EBIT ratio for today is -4.34.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Aspen Aerogels's Enterprise Value is $429.8 Mil.
Aspen Aerogels's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-54.3 Mil. Therefore, Aspen Aerogels's EV-to-EBITDA ratio for today is -7.92.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Aspen Aerogels's Enterprise Value is $429.8 Mil.
Aspen Aerogels's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $230.3 Mil. Therefore, Aspen Aerogels's EV-to-Revenue ratio for today is 1.87.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Aspen Aerogels's Enterprise Value is $429.8 Mil.
Aspen Aerogels's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $35.6 Mil. Therefore, Aspen Aerogels's EV-to-FCF ratio for today is 12.09.
*** 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.
Aspen Aerogels (NYSE:ASPN) 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.
Aspen Aerogels's current Enterprise Value is $429.8 Mil.
Aspen Aerogels's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-99.0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Aspen Aerogels's current Enterprise Value is $429.8 Mil.
Aspen Aerogels's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-54.3 Mil.
Aspen Aerogels's current Enterprise Value is $429.8 Mil.
Aspen Aerogels's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $230.3 Mil.
Aspen Aerogels's current Enterprise Value is $429.8 Mil.
Aspen Aerogels's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $61.4 Mil.
Aspen Aerogels's current Enterprise Value is $429.8 Mil.
Aspen Aerogels's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $35.6 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.
Aspen Aerogels Enterprise Value Related Terms
Aspen Aerogels Enterprise Value Historical Data
* Premium members only.
The historical data trend for Aspen Aerogels'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.
ASPN vs SWIM, JLHL, JBI: Enterprise Value Comparison
For the Building Products & Equipment subindustry, Aspen Aerogels'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.
Aspen Aerogels Enterprise Value vs Construction Industry
For the Construction industry and Industrials sector, Aspen Aerogels's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Aspen Aerogels's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Aspen Aerogels's Enterprise Value for the fiscal year that ended in Dec. 2025 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.
Aspen Aerogels (ASPN) has a Enterprise Value of $429.8 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Aspen Aerogels and its competitors.
Is Aspen Aerogels' Enterprise Value too high?
Aspen Aerogels' current Enterprise Value is $429.8 Mil. Overall, Aspen Aerogels has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspen Aerogels' Enterprise Value compare to SWIM and JLHL?
Aspen Aerogels' Enterprise Value of $429.8 Mil can be compared against companies in the Construction 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 Construction company?
A good Enterprise Value depends on the Construction 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 Aspen Aerogels and its competitors. Aspen Aerogels's current Enterprise Value is $429.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Aerogels stock overvalued right now?
Based on GuruFocus' analysis, Aspen Aerogels (ASPN) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.13, compared to a current price of $5.73 — trading 11.7% above its estimated fair value. The current Enterprise Value is $429.8 Mil. Aspen Aerogels' overall GF Score™ is 66/100 with 6 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 Aspen Aerogels (ASPN), the current Enterprise Value is $429.8 Mil as of Jun. 25, 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 Aspen Aerogels (ASPN) Overvalued in 2026?
Based on GuruFocus' analysis, Aspen Aerogels stock appears to be overvalued.
The current stock price of $5.73 is trading 11.7% above its estimated GF Value™ of $5.13.
GuruFocus considers Aspen Aerogels to be Modestly Overvalued.
Key valuation signals for ASPN:
Enterprise Value: $429.8 Mil
GF Value™: $5.13 vs. price of $5.73 (11.7% above fair value)
No single metric tells the full story. See the ASPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology, supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Thermal Barrier segment and the United States market. Some of its products include Pyrogel XTE, Cryogel Z, Spaceloft Subsea, and others.
66GF Score
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