Granite Construction (FRA:GRG) Enterprise Value: €6,636 Mil (As of Jul. 03, 2026) ***


FRA:GRG Granite Construction Inc FRA:GRG
77 GF Score
Price €130.00
GF Value €97.49
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Granite Construction Enterprise Value?

Granite Construction FRA:GRG -5.11% 77 Enterprise Value is €6,636 Mil as of Jul. 03, 2026. GuruFocus rates FRA:GRG with a GF Score™ of 77/100 and a GF Value™ of €97.49 (Modestly Overvalued). The stock has 6 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, Granite Construction's Enterprise Value is €6,636 Mil. Granite Construction's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €288 Mil. Therefore, Granite Construction's EV-to-EBIT ratio for today is 23.05.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Granite Construction's Enterprise Value is €6,636 Mil. Granite Construction's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €438 Mil. Therefore, Granite Construction's EV-to-EBITDA ratio for today is 15.17.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Granite Construction's Enterprise Value is €6,636 Mil. Granite Construction's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €3,982 Mil. Therefore, Granite Construction's EV-to-Revenue ratio for today is 1.67.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Granite Construction's Enterprise Value is €6,636 Mil. Granite Construction's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €370 Mil. Therefore, Granite Construction's EV-to-OCF ratio for today is 17.93.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Granite Construction's Enterprise Value is €6,636 Mil. Granite Construction's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €257 Mil. Therefore, Granite Construction's EV-to-FCF ratio for today is 25.86.

*** 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.


Granite Construction  (FRA:GRG) 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.

Granite Construction's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6636.101/287.94
=23.05

Granite Construction's current Enterprise Value is €6,636 Mil.
Granite Construction'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 €288 Mil.

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

Granite Construction's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6636.101/437.593
=15.17

Granite Construction's current Enterprise Value is €6,636 Mil.
Granite Construction'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 €438 Mil.

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

Granite Construction's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6636.101/3982.059
=1.67

Granite Construction's current Enterprise Value is €6,636 Mil.
Granite Construction'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 €3,982 Mil.

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

Granite Construction's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6636.101/370.091
=17.93

Granite Construction's current Enterprise Value is €6,636 Mil.
Granite Construction'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 €370 Mil.

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

Granite Construction's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6636.101/256.58
=25.86

Granite Construction's current Enterprise Value is €6,636 Mil.
Granite Construction'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 €257 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.


Granite Construction Enterprise Value Related Terms


Granite Construction Enterprise Value Historical Data

* Premium members only.

The historical data trend for Granite Construction'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.

Granite Construction Enterprise Value Chart

Granite Construction 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 1,385.82 1,305.89 2,176.93 3,853.88 4,993.81

Granite Construction 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 3,259.93 3,768.28 4,721.12 4,993.81 5,258.17

FRA:GRG vs ACA, ROAD, MYRG: Enterprise Value Comparison

For the Engineering & Construction subindustry, Granite Construction'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.


Granite Construction Enterprise Value vs Construction Industry

For the Construction industry and Industrials sector, Granite Construction's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Granite Construction's Enterprise Value falls into.


FRA:GRG
77GF Score
Granite Construction Inc FRA:GRG
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granite Construction 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.

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

Granite Construction'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 €6,636 Mil mean?
Granite Construction (FRA:GRG) has a Enterprise Value of €6,636 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Granite Construction and its competitors.
Is Granite Construction's Enterprise Value too high?
Granite Construction's current Enterprise Value is €6,636 Mil. Overall, Granite Construction has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Granite Construction's Enterprise Value compare to ACA and ROAD?
Granite Construction's Enterprise Value of €6,636 Mil can be compared against companies in the Construction 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 Construction company?
A good Enterprise Value depends on the Construction 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 Granite Construction and its competitors. Granite Construction's current Enterprise Value is €6,636 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Construction stock overvalued right now?
Based on GuruFocus' analysis, Granite Construction (FRA:GRG) is currently considered Modestly Overvalued. The stock's GF Value™ is €97.49, compared to a current price of €130.00 — trading 33.3% above its estimated fair value. The current Enterprise Value is €6,636 Mil. Granite Construction's overall GF Score™ is 77/100 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 Granite Construction (FRA:GRG), the current Enterprise Value is €6,636 Mil as of Jul. 03, 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 Granite Construction (FRA:GRG) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Construction stock appears to be overvalued. The current stock price of €130.00 is trading 33.3% above its estimated GF Value™ of €97.49. GuruFocus considers Granite Construction to be Modestly Overvalued.

Key valuation signals for FRA:GRG:

  • Enterprise Value: €6,636 Mil
  • GF Value™: €97.49 vs. price of €130.00 (33.3% above fair value)
  • GF Score™: 77/100 with 6 warning signs

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


Granite Construction Business Description

Other Exchanges GVA:USAGRG:Germany
Address 585 West Beach Street, Watsonville, CA, USA, 95076
Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. The company focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, bridges, dams, tunnels, and other infrastructure projects. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's Construction operating segment, and rest from Materials segment.
77GF Score

Get the complete analysis for FRA:GRG

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

€130.00
Price
€97.49
GF Value