HEOL (Highwater Ethanol LLC) Enterprise Value: $48.4 Mil (As of Jun. 27, 2026) ***


HEOL Highwater Ethanol LLC HEOL
32 GF Score
Price $14,901.00
GF Value $11,817.74
! 3 Warning Signs
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What is Highwater Ethanol LLC Enterprise Value?

Highwater Ethanol LLC HEOL +6.40% 32 Enterprise Value is $48.4 Mil as of Jun. 27, 2026. GuruFocus rates HEOL with a GF Score™ of 32/100 and a GF Value™ of $11,817.74. The stock has 3 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, Highwater Ethanol LLC's Enterprise Value is $48.4 Mil. Highwater Ethanol LLC's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $30.9 Mil. Therefore, Highwater Ethanol LLC's EV-to-EBIT ratio for today is 1.56.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Highwater Ethanol LLC's Enterprise Value is $48.4 Mil. Highwater Ethanol LLC's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $37.0 Mil. Therefore, Highwater Ethanol LLC's EV-to-EBITDA ratio for today is 1.31.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Highwater Ethanol LLC's Enterprise Value is $48.4 Mil. Highwater Ethanol LLC's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was $145.6 Mil. Therefore, Highwater Ethanol LLC's EV-to-Revenue ratio for today is 0.33.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Highwater Ethanol LLC's Enterprise Value is $48.4 Mil. Highwater Ethanol LLC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $20.8 Mil. Therefore, Highwater Ethanol LLC's EV-to-OCF ratio for today is 2.33.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Highwater Ethanol LLC's Enterprise Value is $48.4 Mil. Highwater Ethanol LLC's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $16.1 Mil. Therefore, Highwater Ethanol LLC's EV-to-FCF ratio for today is 3.00.

*** 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.


Highwater Ethanol LLC  (OTCPK:HEOL) 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.

Highwater Ethanol LLC's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=48.361/30.933
=1.56

Highwater Ethanol LLC's current Enterprise Value is $48.4 Mil.
Highwater Ethanol LLC's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $30.9 Mil.

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

Highwater Ethanol LLC's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=48.361/36.959
=1.31

Highwater Ethanol LLC's current Enterprise Value is $48.4 Mil.
Highwater Ethanol LLC's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $37.0 Mil.

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

Highwater Ethanol LLC's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=48.361/145.638
=0.33

Highwater Ethanol LLC's current Enterprise Value is $48.4 Mil.
Highwater Ethanol LLC's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $145.6 Mil.

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

Highwater Ethanol LLC's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=48.361/20.78
=2.33

Highwater Ethanol LLC's current Enterprise Value is $48.4 Mil.
Highwater Ethanol LLC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.8 Mil.

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

Highwater Ethanol LLC's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=48.361/16.103
=3.00

Highwater Ethanol LLC's current Enterprise Value is $48.4 Mil.
Highwater Ethanol LLC's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.1 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.


Highwater Ethanol LLC Enterprise Value Related Terms


Highwater Ethanol LLC Enterprise Value Historical Data

* Premium members only.

The historical data trend for Highwater Ethanol LLC'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.

Highwater Ethanol LLC Enterprise Value Chart

Highwater Ethanol LLC Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.76 27.02 47.02 45.70 32.19

Highwater Ethanol LLC Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 65.91 65.58 32.19 40.82 45.10

HEOL vs BDCO, DLXY, FGPR: Enterprise Value Comparison

For the Oil & Gas Refining & Marketing subindustry, Highwater Ethanol LLC'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.


Highwater Ethanol LLC Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Highwater Ethanol LLC's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Highwater Ethanol LLC's Enterprise Value falls into.


HEOL
32GF Score
Highwater Ethanol LLC HEOL
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Highwater Ethanol LLC 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.

Highwater Ethanol LLC's Enterprise Value for the fiscal year that ended in Oct. 2025 is calculated as

Highwater Ethanol LLC's Enterprise Value for the quarter that ended in Apr. 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 $48.4 Mil mean?
Highwater Ethanol LLC (HEOL) has a Enterprise Value of $48.4 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Highwater Ethanol LLC and its competitors.
Is Highwater Ethanol LLC's Enterprise Value too high?
Highwater Ethanol LLC's current Enterprise Value is $48.4 Mil. Overall, Highwater Ethanol LLC has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Highwater Ethanol LLC's Enterprise Value compare to BDCO and DLXY?
Highwater Ethanol LLC's Enterprise Value of $48.4 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas 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 Highwater Ethanol LLC and its competitors. Highwater Ethanol LLC's current Enterprise Value is $48.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highwater Ethanol LLC stock overvalued right now?
Highwater Ethanol LLC (HEOL) has a current Enterprise Value of $48.4 Mil. The stock's GF Value™ is $11,817.74, compared to a current price of $14,901.00 — trading 26.1% above its estimated fair value. The current Enterprise Value is $48.4 Mil. Highwater Ethanol LLC's overall GF Score™ is 32/100 with 3 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 Highwater Ethanol LLC (HEOL), the current Enterprise Value is $48.4 Mil as of Jun. 27, 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 Highwater Ethanol LLC (HEOL) Overvalued in 2026?

Based on GuruFocus' analysis, Highwater Ethanol LLC stock appears to be overvalued. The current stock price of $14,901.00 is trading 26.1% above its estimated GF Value™ of $11,817.74.

Key valuation signals for HEOL:

  • Enterprise Value: $48.4 Mil
  • GF Value™: $11,817.74 vs. price of $14,901.00 (26.1% above fair value)
  • GF Score™: 32/100 with 3 warning signs

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


Highwater Ethanol LLC Business Description

Industry EnergyOil & Gas
Address 24500 US Highway 14, PO Box 96, Lamberton, MN, USA, 56152
Highwater Ethanol LLC is engaged in the production of ethanol and distillers grains at the plant. It focuses on the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process. Its products include fuel-grade ethanol, distillers grains, and corn oil. The company produces and sells fuel ethanol and co-products of the fuel ethanol production process in the continental United States.
32GF Score

Get the complete analysis for HEOL

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

$14,901.00
Price
$11,817.74
GF Value