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, BHP Group's Enterprise Value is €197,876 Mil.
BHP Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €19,954 Mil. Therefore, BHP Group's EV-to-EBIT ratio for today is 9.92.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, BHP Group's Enterprise Value is €197,876 Mil.
BHP Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €24,956 Mil. Therefore, BHP Group's EV-to-EBITDA ratio for today is 7.93.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, BHP Group's Enterprise Value is €197,876 Mil.
BHP Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €46,445 Mil. Therefore, BHP Group's EV-to-Revenue ratio for today is 4.26.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, BHP Group's Enterprise Value is €197,876 Mil.
BHP Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €8,861 Mil. Therefore, BHP Group's EV-to-FCF ratio for today is 22.33.
*** 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.
BHP Group (FRA:BHP) 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.
BHP Group's current Enterprise Value is €197,876 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BHP Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €19,954 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
BHP Group's current Enterprise Value is €197,876 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BHP Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €24,956 Mil.
BHP Group's current Enterprise Value is €197,876 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BHP Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €46,445 Mil.
BHP Group's current Enterprise Value is €197,876 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BHP Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €16,999 Mil.
BHP Group's current Enterprise Value is €197,876 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BHP Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €8,861 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.
BHP Group Enterprise Value Related Terms
BHP Group Enterprise Value Historical Data
* Premium members only.
The historical data trend for BHP 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.
For the Other Industrial Metals & Mining subindustry, BHP 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.
BHP Group Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, BHP Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where BHP Group'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.
BHP Group's Enterprise Value for the fiscal year that ended in Jun. 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 €197,876 Mil mean?
BHP Group (FRA:BHP) has a Enterprise Value of €197,876 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on BHP Group and its competitors.
Is BHP Group's Enterprise Value too high?
BHP Group's current Enterprise Value is €197,876 Mil. Overall, BHP Group has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHP Group's Enterprise Value compare to competitors?
BHP Group's Enterprise Value of €197,876 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining 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 BHP Group and its competitors. BHP Group's current Enterprise Value is €197,876 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHP Group stock overvalued right now?
Based on GuruFocus' analysis, BHP Group (FRA:BHP) is currently considered Significantly Overvalued. The stock's GF Value™ is €51.86, compared to a current price of €71.00 — trading 36.9% above its estimated fair value. The current Enterprise Value is €197,876 Mil. BHP Group's overall GF Score™ is 76/100 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 BHP Group (FRA:BHP), the current Enterprise Value is €197,876 Mil as of Jul. 01, 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 BHP Group (FRA:BHP) Overvalued in 2026?
Based on GuruFocus' analysis, BHP Group stock appears to be overvalued.
The current stock price of €71.00 is trading 36.9% above its estimated GF Value™ of €51.86.
GuruFocus considers BHP Group to be Significantly Overvalued.
Key valuation signals for FRA:BHP:
Enterprise Value: €197,876 Mil
GF Value™: €51.86 vs. price of €71.00 (36.9% above fair value)
No single metric tells the full story. See the FRA:BHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore US oil and gas assets were sold in 2018, and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and half of the Vicuna copper joint venture in fiscal 2025. It is entering the potash market through the development of its Jansen project in Canada. However, due to low prices, BHP placed its nickel business on care and maintenance in 2024.
76GF Score
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