AVAX (ATH:AVAX) Enterprise Value: €779.9 Mil (As of Jun. 25, 2026) ***


ATH:AVAX AVAX SA ATH:AVAX
64 GF Score
Price €3.43
GF Value €2.93
Valuation Modestly Overvalued
! 7 Warning Signs
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What is AVAX Enterprise Value?

AVAX ATH:AVAX -0.29% 64 Enterprise Value is €779.9 Mil as of Jun. 25, 2026. GuruFocus rates ATH:AVAX with a GF Score™ of 64/100 and a GF Value™ of €2.93 (Modestly Overvalued). The stock has 7 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, AVAX's Enterprise Value is €779.9 Mil. AVAX's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €85.9 Mil. Therefore, AVAX's EV-to-EBIT ratio for today is 9.08.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, AVAX's Enterprise Value is €779.9 Mil. AVAX's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €111.1 Mil. Therefore, AVAX's EV-to-EBITDA ratio for today is 7.02.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, AVAX's Enterprise Value is €779.9 Mil. AVAX's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €958.2 Mil. Therefore, AVAX's EV-to-Revenue ratio for today is 0.81.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, AVAX's Enterprise Value is €779.9 Mil. AVAX's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €48.3 Mil. Therefore, AVAX's EV-to-OCF ratio for today is 16.16.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, AVAX's Enterprise Value is €779.9 Mil. AVAX's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €36.9 Mil. Therefore, AVAX's EV-to-FCF ratio for today is 21.12.

*** 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.


AVAX  (ATH:AVAX) 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.

AVAX's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=779.891/85.924
=9.08

AVAX's current Enterprise Value is €779.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AVAX's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €85.9 Mil.

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

AVAX's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=779.891/111.065
=7.02

AVAX's current Enterprise Value is €779.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AVAX's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €111.1 Mil.

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

AVAX's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=779.891/958.198
=0.81

AVAX's current Enterprise Value is €779.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AVAX's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €958.2 Mil.

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

AVAX's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=779.891/48.258
=16.16

AVAX's current Enterprise Value is €779.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AVAX's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €48.3 Mil.

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

AVAX's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=779.891/36.922
=21.12

AVAX's current Enterprise Value is €779.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AVAX's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €36.9 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.


AVAX Enterprise Value Related Terms


AVAX Enterprise Value Historical Data

* Premium members only.

The historical data trend for AVAX'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.

AVAX Enterprise Value Chart

AVAX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 557.58 408.66 551.78 520.10 712.41

AVAX Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 551.78 473.33 520.10 616.92 712.41

ATH:AVAX vs PWR, FIX, EME: Enterprise Value Comparison

For the Engineering & Construction subindustry, AVAX'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.


AVAX Enterprise Value vs Construction Industry

For the Construction industry and Industrials sector, AVAX's Enterprise Value distribution charts can be found below:

* The bar in red indicates where AVAX's Enterprise Value falls into.


ATH:AVAX
64GF Score
AVAX SA ATH:AVAX
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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AVAX 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.

AVAX's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

AVAX's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €779.9 Mil mean?
AVAX (ATH:AVAX) has a Enterprise Value of €779.9 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 AVAX and its competitors.
Is AVAX's Enterprise Value too high?
AVAX's current Enterprise Value is €779.9 Mil. Overall, AVAX has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AVAX's Enterprise Value compare to PWR and FIX?
AVAX's Enterprise Value of €779.9 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 AVAX and its competitors. AVAX's current Enterprise Value is €779.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVAX stock overvalued right now?
Based on GuruFocus' analysis, AVAX (ATH:AVAX) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.93, compared to a current price of €3.43 — trading 16.9% above its estimated fair value. The current Enterprise Value is €779.9 Mil. AVAX's overall GF Score™ is 64/100 with 7 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 AVAX (ATH:AVAX), the current Enterprise Value is €779.9 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 AVAX (ATH:AVAX) Overvalued in 2026?

Based on GuruFocus' analysis, AVAX stock appears to be overvalued. The current stock price of €3.43 is trading 16.9% above its estimated GF Value™ of €2.93. GuruFocus considers AVAX to be Modestly Overvalued.

Key valuation signals for ATH:AVAX:

  • Enterprise Value: €779.9 Mil
  • GF Value™: €2.93 vs. price of €3.43 (16.9% above fair value)
  • GF Score™: 64/100 with 7 warning signs

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


AVAX Business Description

Other Exchanges 0DO2:UKIJ6:Germany
Address 16 Amaroussiou, Halandriou Street, Marousi, GRC, 15125
AVAX SA operates as a construction company in Greece. The company operates through the following segments: The Construction segment develops buildings, warehouses, and shopping centers; The Concessions segment constructs highways, bridges, airports, and car parks; The Energy segment comprises of the construction TAP natural gas pipeline in Northern Greece; design and construction of power plants in Iraq; TheReal Estate segment covers estate development and other activities. It derives maximum revenue from the Construction segment.
64GF Score

Get the complete analysis for ATH:AVAX

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

€3.43
Price
€2.93
GF Value