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, Badger Meter's Enterprise Value is $3,906.2 Mil.
Badger Meter's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $169.2 Mil. Therefore, Badger Meter's EV-to-EBIT ratio for today is 23.09.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Badger Meter's Enterprise Value is $3,906.2 Mil.
Badger Meter's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $204.5 Mil. Therefore, Badger Meter's EV-to-EBITDA ratio for today is 19.10.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Badger Meter's Enterprise Value is $3,906.2 Mil.
Badger Meter's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $896.7 Mil. Therefore, Badger Meter's EV-to-Revenue ratio for today is 4.36.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Badger Meter's Enterprise Value is $3,906.2 Mil.
Badger Meter's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $169.1 Mil. Therefore, Badger Meter's EV-to-FCF ratio for today is 23.10.
*** 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.
Badger Meter (NYSE:BMI) 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.
Badger Meter's current Enterprise Value is $3,906.2 Mil.
Badger Meter'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 $169.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Badger Meter's current Enterprise Value is $3,906.2 Mil.
Badger Meter'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 $204.5 Mil.
Badger Meter's current Enterprise Value is $3,906.2 Mil.
Badger Meter'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 $896.7 Mil.
Badger Meter's current Enterprise Value is $3,906.2 Mil.
Badger Meter'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 $184.6 Mil.
Badger Meter's current Enterprise Value is $3,906.2 Mil.
Badger Meter'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 $169.1 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.
Badger Meter Enterprise Value Related Terms
Badger Meter Enterprise Value Historical Data
* Premium members only.
The historical data trend for Badger Meter'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.
BMI vs ITRI, VNT, VPG: Enterprise Value Comparison
For the Scientific & Technical Instruments subindustry, Badger Meter'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.
Badger Meter Enterprise Value vs Hardware Industry
For the Hardware industry and Technology sector, Badger Meter's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Badger Meter'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.
Badger Meter'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 $3,906.2 Mil mean?
Badger Meter (BMI) has a Enterprise Value of $3,906.2 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 Badger Meter and its competitors.
Is Badger Meter's Enterprise Value too high?
Badger Meter's current Enterprise Value is $3,906.2 Mil. Overall, Badger Meter has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Badger Meter's Enterprise Value compare to ITRI and VNT?
Badger Meter's Enterprise Value of $3,906.2 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 Badger Meter and its competitors. Badger Meter's current Enterprise Value is $3,906.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Meter stock overvalued right now?
Based on GuruFocus' analysis, Badger Meter (BMI) is currently considered Significantly Undervalued. The stock's GF Value™ is $216.40, compared to a current price of $140.88 — trading 34.9% below its estimated fair value. The current Enterprise Value is $3,906.2 Mil. Badger Meter's overall GF Score™ is 79/100 with 1 warning sign 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 Badger Meter (BMI), the current Enterprise Value is $3,906.2 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 Badger Meter (BMI) Overvalued in 2026?
Based on GuruFocus' analysis, Badger Meter stock appears to be undervalued.
The current stock price of $140.88 is trading 34.9% below its estimated GF Value™ of $216.40.
GuruFocus considers Badger Meter to be Significantly Undervalued.
Key valuation signals for BMI:
Enterprise Value: $3,906.2 Mil
GF Value™: $216.40 vs. price of $140.88 (34.9% below fair value)
No single metric tells the full story. See the BMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Badger Meter is a provider of water management solutions. The company's solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.
79GF Score
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