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, Transurban Group's Enterprise Value is A$67,600 Mil.
Transurban Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,335 Mil. Therefore, Transurban Group's EV-to-EBIT ratio for today is 50.64.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Transurban Group's Enterprise Value is A$67,600 Mil.
Transurban Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,431 Mil. Therefore, Transurban Group's EV-to-EBITDA ratio for today is 27.81.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Transurban Group's Enterprise Value is A$67,600 Mil.
Transurban Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$3,920 Mil. Therefore, Transurban Group's EV-to-Revenue ratio for today is 17.24.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Transurban Group's Enterprise Value is A$67,600 Mil.
Transurban Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,014 Mil. Therefore, Transurban Group's EV-to-FCF ratio for today is 66.67.
*** 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.
Transurban Group (ASX:TCL) 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.
Transurban Group's current Enterprise Value is A$67,600 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,335 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Transurban Group's current Enterprise Value is A$67,600 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$2,431 Mil.
Transurban Group's current Enterprise Value is A$67,600 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$3,920 Mil.
Transurban Group's current Enterprise Value is A$67,600 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,619 Mil.
Transurban Group's current Enterprise Value is A$67,600 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,014 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.
Transurban Group Enterprise Value Related Terms
Transurban Group Enterprise Value Historical Data
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The historical data trend for Transurban Group'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.
Transurban Group Enterprise Value Competitor Comparison
For the Infrastructure Operations subindustry, Transurban Group'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.
Transurban Group Enterprise Value vs Construction Industry
For the Construction industry and Industrials sector, Transurban Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Transurban Group'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.
Transurban Group's Enterprise Value for the fiscal year that ended in Jun. 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 A$67,600 Mil mean?
Transurban Group (ASX:TCL) has a Enterprise Value of A$67,600 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 Transurban Group and its competitors.
Is Transurban Group's Enterprise Value too high?
Transurban Group's current Enterprise Value is A$67,600 Mil. Overall, Transurban Group has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transurban Group's Enterprise Value compare to competitors?
Transurban Group's Enterprise Value of A$67,600 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 Transurban Group and its competitors. Transurban Group's current Enterprise Value is A$67,600 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transurban Group stock overvalued right now?
Based on GuruFocus' analysis, Transurban Group (ASX:TCL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$13.47, compared to a current price of A$15.39 — trading 14.3% above its estimated fair value. The current Enterprise Value is A$67,600 Mil. Transurban Group's overall GF Score™ is 75/100 with 10 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 Transurban Group (ASX:TCL), the current Enterprise Value is A$67,600 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 Transurban Group (ASX:TCL) Overvalued in 2026?
Based on GuruFocus' analysis, Transurban Group stock appears to be overvalued.
The current stock price of A$15.39 is trading 14.3% above its estimated GF Value™ of A$13.47.
GuruFocus considers Transurban Group to be Modestly Overvalued.
Key valuation signals for ASX:TCL:
Enterprise Value: A$67,600 Mil
GF Value™: A$13.47 vs. price of A$15.39 (14.3% above fair value)
No single metric tells the full story. See the ASX:TCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA, and Montreal, Canada. The weighted average concession life across the portfolio is about 25 years. Australian assets contribute around 90% of proportional revenue.
75GF Score
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