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, Theon International's Enterprise Value is €2,340.2 Mil.
Theon International's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €114.2 Mil. Therefore, Theon International's EV-to-EBIT ratio for today is 20.49.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Theon International's Enterprise Value is €2,340.2 Mil.
Theon International's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €118.3 Mil. Therefore, Theon International's EV-to-EBITDA ratio for today is 19.79.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Theon International's Enterprise Value is €2,340.2 Mil.
Theon International's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €443.4 Mil. Therefore, Theon International's EV-to-Revenue ratio for today is 5.28.
*** 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.
Theon International (CHIX:THEONa) 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.
Theon International's current Enterprise Value is €2,340.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Theon International's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €114.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Theon International's current Enterprise Value is €2,340.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Theon International's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €118.3 Mil.
Theon International's current Enterprise Value is €2,340.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Theon International's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €443.4 Mil.
Theon International's current Enterprise Value is €2,340.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Theon International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €45.5 Mil.
Theon International's current Enterprise Value is €2,340.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Theon International's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €26.8 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.
Theon International Enterprise Value Related Terms
Theon International Enterprise Value Historical Data
* Premium members only.
The historical data trend for Theon International'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.
CHIX:THEONA vs SPCX, GE, RTX: Enterprise Value Comparison
For the Aerospace & Defense subindustry, Theon International'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.
Theon International Enterprise Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Theon International's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Theon International'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.
Theon International'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 €2,340.2 Mil mean?
Theon International (CHIX:THEONA) has a Enterprise Value of €2,340.2 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Theon International and its competitors.
Is Theon International's Enterprise Value too high?
Theon International's current Enterprise Value is €2,340.2 Mil. Overall, Theon International has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Theon International's Enterprise Value compare to SPCX and GE?
Theon International's Enterprise Value of €2,340.2 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Enterprise Value depends on the Aerospace & Defense 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 Theon International and its competitors. Theon International's current Enterprise Value is €2,340.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theon International stock overvalued right now?
Theon International (CHIX:THEONA) has a current Enterprise Value of €2,340.2 Mil. The current Enterprise Value is €2,340.2 Mil. Theon International's overall GF Score™ is 46/100 with 4 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 Theon International (CHIX:THEONA), the current Enterprise Value is €2,340.2 Mil as of Jul. 05, 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.
Theon International PLC is a defense and security technology company specializing in electro-optical systems and integrated solutions for military and security applications. It develops and manufactures night vision and thermal imaging systems used by defense and security organizations. The company operates internationally through subsidiaries and production facilities across multiple regions. Its products are used by armed forces and security agencies in various countries. In addition to electro-optical systems, it develops integrated soldier systems, ISR optronics, and platform solutions for land and maritime environments.
46GF Score
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