Morgan Advanced Materials (LSE:MGAM) Enterprise Value: £854.9 Mil (As of Jul. 01, 2026) ***


LSE:MGAM Morgan Advanced Materials PLC LSE:MGAM
74 GF Score
Price £2.13
GF Value £2.41
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Morgan Advanced Materials Enterprise Value?

Morgan Advanced Materials LSE:MGAM 74 Enterprise Value is £854.9 Mil as of Jul. 01, 2026. GuruFocus rates LSE:MGAM with a GF Score™ of 74/100 and a GF Value™ of £2.41 (Modestly Undervalued). The stock has 7 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, Morgan Advanced Materials's Enterprise Value is £854.9 Mil. Morgan Advanced Materials's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £48.1 Mil. Therefore, Morgan Advanced Materials's EV-to-EBIT ratio for today is 17.77.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Morgan Advanced Materials's Enterprise Value is £854.9 Mil. Morgan Advanced Materials's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was £110.1 Mil. Therefore, Morgan Advanced Materials's EV-to-EBITDA ratio for today is 7.76.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Morgan Advanced Materials's Enterprise Value is £854.9 Mil. Morgan Advanced Materials's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was £996.6 Mil. Therefore, Morgan Advanced Materials's EV-to-Revenue ratio for today is 0.86.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Morgan Advanced Materials's Enterprise Value is £854.9 Mil. Morgan Advanced Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £117.8 Mil. Therefore, Morgan Advanced Materials's EV-to-OCF ratio for today is 7.26.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Morgan Advanced Materials's Enterprise Value is £854.9 Mil. Morgan Advanced Materials's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £50.7 Mil. Therefore, Morgan Advanced Materials's EV-to-FCF ratio for today is 16.86.

*** 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.


Morgan Advanced Materials  (LSE:MGAM) 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.

Morgan Advanced Materials's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=854.864/48.1
=17.77

Morgan Advanced Materials's current Enterprise Value is £854.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Morgan Advanced Materials's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £48.1 Mil.

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

Morgan Advanced Materials's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=854.864/110.1
=7.76

Morgan Advanced Materials's current Enterprise Value is £854.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Morgan Advanced Materials's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was £110.1 Mil.

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

Morgan Advanced Materials's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=854.864/996.6
=0.86

Morgan Advanced Materials's current Enterprise Value is £854.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Morgan Advanced Materials's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was £996.6 Mil.

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

Morgan Advanced Materials's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=854.864/117.8
=7.26

Morgan Advanced Materials's current Enterprise Value is £854.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Morgan Advanced Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £117.8 Mil.

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

Morgan Advanced Materials's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=854.864/50.7
=16.86

Morgan Advanced Materials's current Enterprise Value is £854.9 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Morgan Advanced Materials's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £50.7 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.


Morgan Advanced Materials Enterprise Value Related Terms


Morgan Advanced Materials Enterprise Value Historical Data

* Premium members only.

The historical data trend for Morgan Advanced Materials'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.

Morgan Advanced Materials Enterprise Value Chart

Morgan Advanced Materials 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 1,159.65 1,138.40 1,077.11 1,078.70 869.06

Morgan Advanced Materials Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1,077.11 1,186.93 1,078.70 946.59 869.06

LSE:MGAM vs GEV, ETN, PH: Enterprise Value Comparison

For the Specialty Industrial Machinery subindustry, Morgan Advanced Materials'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.


Morgan Advanced Materials Enterprise Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morgan Advanced Materials's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Morgan Advanced Materials's Enterprise Value falls into.


LSE:MGAM
74GF Score
Morgan Advanced Materials PLC LSE:MGAM
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Morgan Advanced Materials 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.

Morgan Advanced Materials's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Morgan Advanced Materials's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of £854.9 Mil mean?
Morgan Advanced Materials (LSE:MGAM) has a Enterprise Value of £854.9 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 Morgan Advanced Materials and its competitors.
Is Morgan Advanced Materials' Enterprise Value too high?
Morgan Advanced Materials' current Enterprise Value is £854.9 Mil. Overall, Morgan Advanced Materials has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morgan Advanced Materials' Enterprise Value compare to GEV and ETN?
Morgan Advanced Materials' Enterprise Value of £854.9 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Enterprise Value depends on the Industrial Products 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 Morgan Advanced Materials and its competitors. Morgan Advanced Materials's current Enterprise Value is £854.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Advanced Materials stock overvalued right now?
Based on GuruFocus' analysis, Morgan Advanced Materials (LSE:MGAM) is currently considered Modestly Undervalued. The stock's GF Value™ is £2.41, compared to a current price of £2.13 — trading 11.6% below its estimated fair value. The current Enterprise Value is £854.9 Mil. Morgan Advanced Materials' overall GF Score™ is 74/100 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 Morgan Advanced Materials (LSE:MGAM), the current Enterprise Value is £854.9 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 Morgan Advanced Materials (LSE:MGAM) Overvalued in 2026?

Based on GuruFocus' analysis, Morgan Advanced Materials stock appears to be undervalued. The current stock price of £2.13 is trading 11.6% below its estimated GF Value™ of £2.41. GuruFocus considers Morgan Advanced Materials to be Modestly Undervalued.

Key valuation signals for LSE:MGAM:

  • Enterprise Value: £854.9 Mil
  • GF Value™: £2.41 vs. price of £2.13 (11.6% below fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Morgan Advanced Materials Business Description

Address Sheet Street, York House, Windsor, GBR, SL4 1DD
Morgan Advanced Materials PLC is an advanced materials company that co-designs and manufactures mission-critical solutions using material science and application expertise. The Company's products and solutions include semiconductor consumables, collector strips and carbon brushes, graphite powders, face seals, sliding bearings, rotary seals, rotary vane pump components, structural ceramic components, engineered coatings, ceramic cores, ceramic-to-metal assemblies, braze alloys, ceramic tubes and rollers, extruded products, laser products, and MACOR machinable glass ceramic. The Group operates through three segments: Thermal Products generates maximum revenue, Performance Carbon, and Technical Ceramics. Geographically, it generates the majority of its revenue from the USA.
74GF Score

Get the complete analysis for LSE:MGAM

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

£2.13
Price
£2.41
GF Value