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, FTC Solar's Enterprise Value is €91.09 Mil.
FTC Solar's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-26.48 Mil. Therefore, FTC Solar's EV-to-EBIT ratio for today is -3.44.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, FTC Solar's Enterprise Value is €91.09 Mil.
FTC Solar's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €-25.33 Mil. Therefore, FTC Solar's EV-to-EBITDA ratio for today is -3.60.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, FTC Solar's Enterprise Value is €91.09 Mil.
FTC Solar's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €82.51 Mil. Therefore, FTC Solar's EV-to-Revenue ratio for today is 1.10.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, FTC Solar's Enterprise Value is €91.09 Mil.
FTC Solar's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-33.50 Mil. Therefore, FTC Solar's EV-to-FCF ratio for today is -2.72.
*** 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.
FTC Solar (FRA:6YK0) 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.
FTC Solar's current Enterprise Value is €91.09 Mil.
FTC Solar'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 €-26.48 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
FTC Solar's current Enterprise Value is €91.09 Mil.
FTC Solar'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 €-25.33 Mil.
FTC Solar's current Enterprise Value is €91.09 Mil.
FTC Solar'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 €82.51 Mil.
FTC Solar's current Enterprise Value is €91.09 Mil.
FTC Solar'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 €-32.37 Mil.
FTC Solar's current Enterprise Value is €91.09 Mil.
FTC Solar'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 €-33.50 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.
FTC Solar Enterprise Value Related Terms
FTC Solar Enterprise Value Historical Data
* Premium members only.
The historical data trend for FTC Solar'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.
FRA:6YK0 vs SPWR, PN, SPRU: Enterprise Value Comparison
For the Solar subindustry, FTC Solar'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.
FTC Solar Enterprise Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, FTC Solar's Enterprise Value distribution charts can be found below:
* The bar in red indicates where FTC Solar'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.
FTC Solar'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.
FTC Solar (FRA:6YK0) has a Enterprise Value of €91.09 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on FTC Solar and its competitors.
Is FTC Solar's Enterprise Value too high?
FTC Solar's current Enterprise Value is €91.09 Mil. Overall, FTC Solar has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Enterprise Value compare to SPWR and PN?
FTC Solar's Enterprise Value of €91.09 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Enterprise Value depends on the Semiconductors 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 FTC Solar and its competitors. FTC Solar's current Enterprise Value is €91.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FRA:6YK0) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.82, compared to a current price of €4.36 — trading 9.5% below its estimated fair value. The current Enterprise Value is €91.09 Mil. FTC Solar's overall GF Score™ is 59/100 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 FTC Solar (FRA:6YK0), the current Enterprise Value is €91.09 Mil as of Jul. 12, 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 FTC Solar (FRA:6YK0) Overvalued in 2026?
Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued.
The current stock price of €4.36 is trading 9.5% below its estimated GF Value™ of €4.82.
GuruFocus considers FTC Solar to be Modestly Undervalued.
Key valuation signals for FRA:6YK0:
Enterprise Value: €91.09 Mil
GF Value™: €4.82 vs. price of €4.36 (9.5% below fair value)
No single metric tells the full story. See the FRA:6YK0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S.-manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
59GF Score
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