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, AST SpaceMobile's Enterprise Value is $21,888.70 Mil.
AST SpaceMobile's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-586.45 Mil. Therefore, AST SpaceMobile's EV-to-EBIT ratio for today is -37.32.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, AST SpaceMobile's Enterprise Value is $21,888.70 Mil.
AST SpaceMobile's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-528.68 Mil. Therefore, AST SpaceMobile's EV-to-EBITDA ratio for today is -41.40.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, AST SpaceMobile's Enterprise Value is $21,888.70 Mil.
AST SpaceMobile's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $84.94 Mil. Therefore, AST SpaceMobile's EV-to-Revenue ratio for today is 257.71.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, AST SpaceMobile's Enterprise Value is $21,888.70 Mil.
AST SpaceMobile's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-1,370.97 Mil. Therefore, AST SpaceMobile's EV-to-FCF ratio for today is -15.97.
*** 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.
AST SpaceMobile (NAS:ASTS) 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.
AST SpaceMobile's current Enterprise Value is $21,888.70 Mil.
AST SpaceMobile'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 $-586.45 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
AST SpaceMobile's current Enterprise Value is $21,888.70 Mil.
AST SpaceMobile'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 $-528.68 Mil.
AST SpaceMobile's current Enterprise Value is $21,888.70 Mil.
AST SpaceMobile'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 $84.94 Mil.
AST SpaceMobile's current Enterprise Value is $21,888.70 Mil.
AST SpaceMobile'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 $-91.03 Mil.
AST SpaceMobile's current Enterprise Value is $21,888.70 Mil.
AST SpaceMobile'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 $-1,370.97 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.
AST SpaceMobile Enterprise Value Related Terms
AST SpaceMobile Enterprise Value Historical Data
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The historical data trend for AST SpaceMobile'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.
ASTS vs UI, AAOI, VIAV: Enterprise Value Comparison
For the Communication Equipment subindustry, AST SpaceMobile'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.
AST SpaceMobile Enterprise Value vs Hardware Industry
For the Hardware industry and Technology sector, AST SpaceMobile's Enterprise Value distribution charts can be found below:
* The bar in red indicates where AST SpaceMobile'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.
AST SpaceMobile'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.
What does a Enterprise Value of $21,888.70 Mil mean?
AST SpaceMobile (ASTS) has a Enterprise Value of $21,888.70 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on AST SpaceMobile and its competitors.
Is AST SpaceMobile's Enterprise Value too high?
AST SpaceMobile's current Enterprise Value is $21,888.70 Mil. Overall, AST SpaceMobile has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AST SpaceMobile's Enterprise Value compare to UI and AAOI?
AST SpaceMobile's Enterprise Value of $21,888.70 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 AST SpaceMobile and its competitors. AST SpaceMobile's current Enterprise Value is $21,888.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AST SpaceMobile stock overvalued right now?
Based on GuruFocus' analysis, AST SpaceMobile (ASTS) is currently considered Possible Value Trap. The stock's GF Value™ is $458.81, compared to a current price of $71.45 — trading 84.4% below its estimated fair value. The current Enterprise Value is $21,888.70 Mil. AST SpaceMobile's overall GF Score™ is 46/100 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 AST SpaceMobile (ASTS), the current Enterprise Value is $21,888.70 Mil as of Jun. 27, 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 AST SpaceMobile (ASTS) Overvalued in 2026?
Based on GuruFocus' analysis, AST SpaceMobile stock appears to be undervalued.
The current stock price of $71.45 is trading 84.4% below its estimated GF Value™ of $458.81.
GuruFocus considers AST SpaceMobile to be Possible Value Trap.
Key valuation signals for ASTS:
Enterprise Value: $21,888.70 Mil
GF Value™: $458.81 vs. price of $71.45 (84.4% below fair value)
No single metric tells the full story. See the ASTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AST SpaceMobile Inc is currently designing, developing and manufacturing the constellation of BlueBird (BB) satellites and has begun launching its planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.
46GF Score
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