Westinghouse Air Brake Technologies (FRA:WB2) Enterprise Value: €45,583 Mil (As of Jun. 28, 2026) ***


FRA:WB2 Westinghouse Air Brake Technologies Corp FRA:WB2
89 GF Score
Price €249.60
GF Value €196.83
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Westinghouse Air Brake Technologies Enterprise Value?

Westinghouse Air Brake Technologies FRA:WB2 +4.70% 89 Enterprise Value is €45,583 Mil as of Jun. 28, 2026. GuruFocus rates FRA:WB2 with a GF Score™ of 89/100 and a GF Value™ of €196.83 (Modestly Overvalued). The stock has 8 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, Westinghouse Air Brake Technologies's Enterprise Value is €45,583 Mil. Westinghouse Air Brake Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,621 Mil. Therefore, Westinghouse Air Brake Technologies's EV-to-EBIT ratio for today is 28.12.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Westinghouse Air Brake Technologies's Enterprise Value is €45,583 Mil. Westinghouse Air Brake Technologies's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €2,030 Mil. Therefore, Westinghouse Air Brake Technologies's EV-to-EBITDA ratio for today is 22.45.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Westinghouse Air Brake Technologies's Enterprise Value is €45,583 Mil. Westinghouse Air Brake Technologies's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €9,889 Mil. Therefore, Westinghouse Air Brake Technologies's EV-to-Revenue ratio for today is 4.61.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Westinghouse Air Brake Technologies's Enterprise Value is €45,583 Mil. Westinghouse Air Brake Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €1,513 Mil. Therefore, Westinghouse Air Brake Technologies's EV-to-OCF ratio for today is 30.12.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Westinghouse Air Brake Technologies's Enterprise Value is €45,583 Mil. Westinghouse Air Brake Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1,289 Mil. Therefore, Westinghouse Air Brake Technologies's EV-to-FCF ratio for today is 35.38.

*** 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.


Westinghouse Air Brake Technologies  (FRA:WB2) 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.

Westinghouse Air Brake Technologies's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=45582.558/1621.198
=28.12

Westinghouse Air Brake Technologies's current Enterprise Value is €45,583 Mil.
Westinghouse Air Brake Technologies'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 €1,621 Mil.

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

Westinghouse Air Brake Technologies's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=45582.558/2030.258
=22.45

Westinghouse Air Brake Technologies's current Enterprise Value is €45,583 Mil.
Westinghouse Air Brake Technologies'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 €2,030 Mil.

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

Westinghouse Air Brake Technologies's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=45582.558/9888.834
=4.61

Westinghouse Air Brake Technologies's current Enterprise Value is €45,583 Mil.
Westinghouse Air Brake Technologies'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 €9,889 Mil.

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

Westinghouse Air Brake Technologies's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=45582.558/1513.19
=30.12

Westinghouse Air Brake Technologies's current Enterprise Value is €45,583 Mil.
Westinghouse Air Brake Technologies'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 €1,513 Mil.

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

Westinghouse Air Brake Technologies's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=45582.558/1288.539
=35.38

Westinghouse Air Brake Technologies's current Enterprise Value is €45,583 Mil.
Westinghouse Air Brake Technologies'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 €1,289 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.


Westinghouse Air Brake Technologies Enterprise Value Related Terms


Westinghouse Air Brake Technologies Enterprise Value Historical Data

* Premium members only.

The historical data trend for Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies Enterprise Value Chart

Westinghouse Air Brake Technologies 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 18,252.44 20,184.82 23,510.31 34,377.61 35,391.53

Westinghouse Air Brake Technologies 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 30,975.34 33,172.45 32,605.89 35,391.53 40,593.77

FRA:WB2 vs NSC, CSX, TRN: Enterprise Value Comparison

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.


Westinghouse Air Brake Technologies Enterprise Value vs Transportation Industry

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Enterprise Value falls into.


FRA:WB2
89GF Score
Westinghouse Air Brake Technologies Corp FRA:WB2
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Westinghouse Air Brake Technologies 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.

Westinghouse Air Brake Technologies's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Westinghouse Air Brake Technologies'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 €45,583 Mil mean?
Westinghouse Air Brake Technologies (FRA:WB2) has a Enterprise Value of €45,583 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Westinghouse Air Brake Technologies and its competitors.
Is Westinghouse Air Brake Technologies' Enterprise Value too high?
Westinghouse Air Brake Technologies' current Enterprise Value is €45,583 Mil. Overall, Westinghouse Air Brake Technologies has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Westinghouse Air Brake Technologies' Enterprise Value compare to NSC and CSX?
Westinghouse Air Brake Technologies' Enterprise Value of €45,583 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 Westinghouse Air Brake Technologies and its competitors. Westinghouse Air Brake Technologies's current Enterprise Value is €45,583 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westinghouse Air Brake Technologies stock overvalued right now?
Based on GuruFocus' analysis, Westinghouse Air Brake Technologies (FRA:WB2) is currently considered Modestly Overvalued. The stock's GF Value™ is €196.83, compared to a current price of €249.60 — trading 26.8% above its estimated fair value. The current Enterprise Value is €45,583 Mil. Westinghouse Air Brake Technologies' overall GF Score™ is 89/100 with 8 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 Westinghouse Air Brake Technologies (FRA:WB2), the current Enterprise Value is €45,583 Mil as of Jun. 28, 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 Westinghouse Air Brake Technologies (FRA:WB2) Overvalued in 2026?

Based on GuruFocus' analysis, Westinghouse Air Brake Technologies stock appears to be overvalued. The current stock price of €249.60 is trading 26.8% above its estimated GF Value™ of €196.83. GuruFocus considers Westinghouse Air Brake Technologies to be Modestly Overvalued.

Key valuation signals for FRA:WB2:

  • Enterprise Value: €45,583 Mil
  • GF Value™: €196.83 vs. price of €249.60 (26.8% above fair value)
  • GF Score™: 89/100 with 8 warning signs

No single metric tells the full story. See the FRA:WB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Westinghouse Air Brake Technologies Business Description

Address 30 Isabella Street, Pittsburgh, PA, USA, 15212
Westinghouse Air Brake Technologies Corp provides value-added, technology-based products and services for the freight rail and passenger transit industries and the mining, marine, and industrial markets. It provides its products and services through two main business segments: Freight and Transit. The company generates maximum revenue from the Freight segment, which manufactures new and modernized locomotives, provides aftermarket parts and services to existing locomotives, provides components to new and existing freight cars; builds new commuter locomotives; supplies rail control and infrastructure products, including electronics, positive train control equipment, signal design, and engineering services. Geographically, it generates a majority of its revenue from the United States.
89GF Score

Get the complete analysis for FRA:WB2

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

€249.60
Price
€196.83
GF Value