BT Group (CHIX:BTL) Enterprise Value: £40,217 Mil (As of Jun. 27, 2026) ***


CHIX:BTL BT Group PLC CHIX:BTL
67 GF Score
Price £1.93
GF Value £1.37
Valuation Significantly Overvalued
! 6 Warning Signs
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What is BT Group Enterprise Value?

BT Group CHIX:BTL +0.31% 67 Enterprise Value is £40,217 Mil as of Jun. 27, 2026. GuruFocus rates CHIX:BTL with a GF Score™ of 67/100 and a GF Value™ of £1.37 (Significantly Overvalued). The stock has 6 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, BT Group's Enterprise Value is £40,217 Mil. BT Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £2,664 Mil. Therefore, BT Group's EV-to-EBIT ratio for today is 15.10.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, BT Group's Enterprise Value is £40,217 Mil. BT Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was £7,517 Mil. Therefore, BT Group's EV-to-EBITDA ratio for today is 5.35.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, BT Group's Enterprise Value is £40,217 Mil. BT Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was £19,654 Mil. Therefore, BT Group's EV-to-Revenue ratio for today is 2.05.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, BT Group's Enterprise Value is £40,217 Mil. BT Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £7,030 Mil. Therefore, BT Group's EV-to-OCF ratio for today is 5.72.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, BT Group's Enterprise Value is £40,217 Mil. BT Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was £1,861 Mil. Therefore, BT Group's EV-to-FCF ratio for today is 21.61.

*** 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.


BT Group  (CHIX:BTl) 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.

BT Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=40216.561/2664
=15.10

BT Group's current Enterprise Value is £40,217 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BT Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £2,664 Mil.

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

BT Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=40216.561/7517
=5.35

BT Group's current Enterprise Value is £40,217 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BT Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was £7,517 Mil.

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

BT Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=40216.561/19654
=2.05

BT Group's current Enterprise Value is £40,217 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BT Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was £19,654 Mil.

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

BT Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=40216.561/7030
=5.72

BT Group's current Enterprise Value is £40,217 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BT Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £7,030 Mil.

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

BT Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=40216.561/1861
=21.61

BT Group's current Enterprise Value is £40,217 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BT Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was £1,861 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.


BT Group Enterprise Value Related Terms


BT Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for BT 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.

BT Group Enterprise Value Chart

BT Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,437.79 34,303.29 31,495.41 36,602.67 41,832.55

BT Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 31,495.41 35,446.09 36,602.67 40,524.43 41,832.55

CHIX:BTL vs TMUS, VZ, T: Enterprise Value Comparison

For the Telecom Services subindustry, BT 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.


BT Group Enterprise Value vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BT Group's Enterprise Value distribution charts can be found below:

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


CHIX:BTL
67GF Score
BT Group PLC CHIX:BTL
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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BT Group 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.

BT Group's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

BT Group's Enterprise Value for the quarter that ended in Mar. 2026 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 £40,217 Mil mean?
BT Group (CHIX:BTL) has a Enterprise Value of £40,217 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 BT Group and its competitors.
Is BT Group's Enterprise Value too high?
BT Group's current Enterprise Value is £40,217 Mil. Overall, BT Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BT Group's Enterprise Value compare to TMUS and VZ?
BT Group's Enterprise Value of £40,217 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Enterprise Value depends on the Telecommunication Services 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 BT Group and its competitors. BT Group's current Enterprise Value is £40,217 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Group stock overvalued right now?
Based on GuruFocus' analysis, BT Group (CHIX:BTL) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.37, compared to a current price of £1.93 — trading 41.1% above its estimated fair value. The current Enterprise Value is £40,217 Mil. BT Group's overall GF Score™ is 67/100 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 BT Group (CHIX:BTL), the current Enterprise Value is £40,217 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 BT Group (CHIX:BTL) Overvalued in 2026?

Based on GuruFocus' analysis, BT Group stock appears to be overvalued. The current stock price of £1.93 is trading 41.1% above its estimated GF Value™ of £1.37. GuruFocus considers BT Group to be Significantly Overvalued.

Key valuation signals for CHIX:BTL:

  • Enterprise Value: £40,217 Mil
  • GF Value™: £1.37 vs. price of £1.93 (41.1% above fair value)
  • GF Score™: 67/100 with 6 warning signs

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


BT Group Business Description

Other Exchanges BTGOF:USABT.A:UKBTQ:Germany
Address 1 Braham Street, London, GBR, E1 8EE
BT Group is the incumbent telecommunications operator in the UK. BT is the owner of Openreach, the largest fixed-line network in the country. Openreach operates as a separate entity due to regulatory requirements, but is still 100% owned by BT. Openreach has accelerated its fiber investments and expects to have 90% of the UK covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations, while the global services division provides communications consultancy services.
67GF Score

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

£1.93
Price
£1.37
GF Value