FNNNF (Finnair Oyj) Enterprise Value: $1,904 Mil (As of Jun. 26, 2026) ***


FNNNF Finnair Oyj FNNNF
67 GF Score
Price $5.73
GF Value $3.30
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Finnair Oyj Enterprise Value?

Finnair Oyj FNNNF +17.32% 67 Enterprise Value is $1,904 Mil as of Jun. 26, 2026. GuruFocus rates FNNNF with a GF Score™ of 67/100 and a GF Value™ of $3.30 (Significantly 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, Finnair Oyj's Enterprise Value is $1,904 Mil. Finnair Oyj's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $180 Mil. Therefore, Finnair Oyj's EV-to-EBIT ratio for today is 10.55.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Finnair Oyj's Enterprise Value is $1,904 Mil. Finnair Oyj's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $581 Mil. Therefore, Finnair Oyj's EV-to-EBITDA ratio for today is 3.28.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Finnair Oyj's Enterprise Value is $1,904 Mil. Finnair Oyj's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $3,712 Mil. Therefore, Finnair Oyj's EV-to-Revenue ratio for today is 0.51.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Finnair Oyj's Enterprise Value is $1,904 Mil. Finnair Oyj's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $562 Mil. Therefore, Finnair Oyj's EV-to-OCF ratio for today is 3.39.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Finnair Oyj's Enterprise Value is $1,904 Mil. Finnair Oyj's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $262 Mil. Therefore, Finnair Oyj's EV-to-FCF ratio for today is 7.27.

*** 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.


Finnair Oyj  (OTCPK:FNNNF) 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.

Finnair Oyj's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1903.767/180.427
=10.55

Finnair Oyj's current Enterprise Value is $1,904 Mil.
Finnair Oyj'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 $180 Mil.

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

Finnair Oyj's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1903.767/581.014
=3.28

Finnair Oyj's current Enterprise Value is $1,904 Mil.
Finnair Oyj'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 $581 Mil.

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

Finnair Oyj's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1903.767/3712.476
=0.51

Finnair Oyj's current Enterprise Value is $1,904 Mil.
Finnair Oyj'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 $3,712 Mil.

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

Finnair Oyj's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1903.767/561.723
=3.39

Finnair Oyj's current Enterprise Value is $1,904 Mil.
Finnair Oyj'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 $562 Mil.

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

Finnair Oyj's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1903.767/261.792
=7.27

Finnair Oyj's current Enterprise Value is $1,904 Mil.
Finnair Oyj'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 $262 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.


Finnair Oyj Enterprise Value Related Terms


Finnair Oyj Enterprise Value Historical Data

* Premium members only.

The historical data trend for Finnair Oyj'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.

Finnair Oyj Enterprise Value Chart

Finnair Oyj 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 2,671.05 1,728.17 1,816.66 1,508.03 1,572.21

Finnair Oyj 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 1,685.22 1,568.72 1,698.84 1,572.21 1,306.06

FNNNF vs DAL, UAL, LUV: Enterprise Value Comparison

For the Airlines subindustry, Finnair Oyj'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.


Finnair Oyj Enterprise Value vs Transportation Industry

For the Transportation industry and Industrials sector, Finnair Oyj's Enterprise Value distribution charts can be found below:

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


FNNNF
67GF Score
Finnair Oyj FNNNF
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Finnair Oyj 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.

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

Finnair Oyj'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 $1,904 Mil mean?
Finnair Oyj (FNNNF) has a Enterprise Value of $1,904 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Finnair Oyj and its competitors.
Is Finnair Oyj's Enterprise Value too high?
Finnair Oyj's current Enterprise Value is $1,904 Mil. Overall, Finnair Oyj has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finnair Oyj's Enterprise Value compare to DAL and UAL?
Finnair Oyj's Enterprise Value of $1,904 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Enterprise Value depends on the Transportation 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 Finnair Oyj and its competitors. Finnair Oyj's current Enterprise Value is $1,904 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finnair Oyj stock overvalued right now?
Based on GuruFocus' analysis, Finnair Oyj (FNNNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.30, compared to a current price of $5.73 — trading 73.5% above its estimated fair value. The current Enterprise Value is $1,904 Mil. Finnair Oyj's overall GF Score™ is 67/100 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 Finnair Oyj (FNNNF), the current Enterprise Value is $1,904 Mil as of Jun. 26, 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 Finnair Oyj (FNNNF) Overvalued in 2026?

Based on GuruFocus' analysis, Finnair Oyj stock appears to be overvalued. The current stock price of $5.73 is trading 73.5% above its estimated GF Value™ of $3.30. GuruFocus considers Finnair Oyj to be Significantly Overvalued.

Key valuation signals for FNNNF:

  • Enterprise Value: $1,904 Mil
  • GF Value™: $3.30 vs. price of $5.73 (73.5% above fair value)
  • GF Score™: 67/100 with 7 warning signs

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


Finnair Oyj Business Description

Address Tietotie 9 A Helsinki Airport, PO Box 15, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. It operates in only one segment which is Airline Business. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, support services include catering services, Aircraft maintenance, ground handling, and Airline training.
67GF Score

Get the complete analysis for FNNNF

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

$5.73
Price
$3.30
GF Value