DLHC (DLH Holdings) Enterprise Value: $222.3 Mil (As of Jun. 30, 2026) ***


DLHC DLH Holdings Corp DLHC
74 GF Score
Price $5.30
GF Value $5.48
Valuation Fairly Valued
! 7 Warning Signs
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What is DLH Holdings Enterprise Value?

DLH Holdings DLHC 74 Enterprise Value is $222.3 Mil as of Jun. 30, 2026. GuruFocus rates DLHC with a GF Score™ of 74/100 and a GF Value™ of $5.48 (Fairly Valued). 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, DLH Holdings's Enterprise Value is $222.3 Mil. DLH Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $5.8 Mil. Therefore, DLH Holdings's EV-to-EBIT ratio for today is 38.58.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, DLH Holdings's Enterprise Value is $222.3 Mil. DLH Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $23.0 Mil. Therefore, DLH Holdings's EV-to-EBITDA ratio for today is 9.68.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, DLH Holdings's Enterprise Value is $222.3 Mil. DLH Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $292.7 Mil. Therefore, DLH Holdings's EV-to-Revenue ratio for today is 0.76.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, DLH Holdings's Enterprise Value is $222.3 Mil. DLH Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $19.3 Mil. Therefore, DLH Holdings's EV-to-OCF ratio for today is 11.54.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, DLH Holdings's Enterprise Value is $222.3 Mil. DLH Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $19.0 Mil. Therefore, DLH Holdings's EV-to-FCF ratio for today is 11.71.

*** 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.


DLH Holdings  (NAS:DLHC) 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.

DLH Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=222.261/5.761
=38.58

DLH Holdings's current Enterprise Value is $222.3 Mil.
DLH Holdings'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 $5.8 Mil.

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

DLH Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=222.261/22.968
=9.68

DLH Holdings's current Enterprise Value is $222.3 Mil.
DLH Holdings'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 $23.0 Mil.

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

DLH Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=222.261/292.66
=0.76

DLH Holdings's current Enterprise Value is $222.3 Mil.
DLH Holdings'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 $292.7 Mil.

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

DLH Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=222.261/19.267
=11.54

DLH Holdings's current Enterprise Value is $222.3 Mil.
DLH Holdings'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 $19.3 Mil.

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

DLH Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=222.261/18.988
=11.71

DLH Holdings's current Enterprise Value is $222.3 Mil.
DLH Holdings'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 $19.0 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.


DLH Holdings Enterprise Value Related Terms


DLH Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for DLH Holdings'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.

DLH Holdings Enterprise Value Chart

DLH Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 198.60 198.97 354.29 299.17 226.76

DLH Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 220.76 239.71 226.76 231.43 229.80

DLHC vs TISI, ANPA, WFCF: Enterprise Value Comparison

For the Specialty Business Services subindustry, DLH Holdings'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.


DLH Holdings Enterprise Value vs Business Services Industry

For the Business Services industry and Industrials sector, DLH Holdings's Enterprise Value distribution charts can be found below:

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


DLHC
74GF Score
DLH Holdings Corp DLHC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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DLH Holdings 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.

DLH Holdings's Enterprise Value for the fiscal year that ended in Sep. 2025 is calculated as

DLH Holdings'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 $222.3 Mil mean?
DLH Holdings (DLHC) has a Enterprise Value of $222.3 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on DLH Holdings and its competitors.
Is DLH Holdings' Enterprise Value too high?
DLH Holdings' current Enterprise Value is $222.3 Mil. Overall, DLH Holdings has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DLH Holdings' Enterprise Value compare to TISI and ANPA?
DLH Holdings' Enterprise Value of $222.3 Mil can be compared against companies in the Business 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 Business Services company?
A good Enterprise Value depends on the Business 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 DLH Holdings and its competitors. DLH Holdings's current Enterprise Value is $222.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLH Holdings stock overvalued right now?
Based on GuruFocus' analysis, DLH Holdings (DLHC) is currently considered Fairly Valued. The stock's GF Value™ is $5.48, compared to a current price of $5.30 — trading 3.3% below its estimated fair value. The current Enterprise Value is $222.3 Mil. DLH Holdings' overall GF Score™ is 74/100 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 DLH Holdings (DLHC), the current Enterprise Value is $222.3 Mil as of Jun. 30, 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 DLH Holdings (DLHC) Overvalued in 2026?

Based on GuruFocus' analysis, DLH Holdings stock appears to be undervalued. The current stock price of $5.30 is trading 3.3% below its estimated GF Value™ of $5.48. GuruFocus considers DLH Holdings to be Fairly Valued.

Key valuation signals for DLHC:

  • Enterprise Value: $222.3 Mil
  • GF Value™: $5.48 vs. price of $5.30 (3.3% below fair value)
  • GF Score™: 74/100 with 7 warning signs

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


DLH Holdings Business Description

Other Exchanges TS8A:Germany
Address 3565 Piedmont Road, Building 3, Suite 700, Atlanta, GA, USA, 30305
DLH Holdings Corp delivers health and readiness solutions for federal government customers through digital transformation and cyber security, science research and development, and systems engineering and integration. It provides technology-enabled business process, program management, and digital transformation solutions to U.S. government agencies, focusing on large-scale, technology-powered health and defense initiatives for agencies including HHS, VA, DoD, and their sub-agencies. Its revenues come from technology-enabled business process outsourcing, program management solutions, and public health research and analytics under time-and-materials, cost-reimbursable, and firm-fixed-price contracts.
74GF Score

Get the complete analysis for DLHC

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

$5.30
Price
$5.48
GF Value