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, Tan Delta Systems's Enterprise Value is £19.06 Mil.
Tan Delta Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.59 Mil. Therefore, Tan Delta Systems's EV-to-EBIT ratio for today is -11.98.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tan Delta Systems's Enterprise Value is £19.06 Mil.
Tan Delta Systems's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.49 Mil. Therefore, Tan Delta Systems's EV-to-EBITDA ratio for today is -12.82.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tan Delta Systems's Enterprise Value is £19.06 Mil.
Tan Delta Systems's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was £1.22 Mil. Therefore, Tan Delta Systems's EV-to-Revenue ratio for today is 15.59.
*** 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.
Tan Delta Systems (LSE:TAND) 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.
Tan Delta Systems's current Enterprise Value is £19.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tan Delta Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.59 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tan Delta Systems's current Enterprise Value is £19.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tan Delta Systems's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.49 Mil.
Tan Delta Systems's current Enterprise Value is £19.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tan Delta Systems's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was £1.22 Mil.
Tan Delta Systems's current Enterprise Value is £19.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tan Delta Systems's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.63 Mil.
Tan Delta Systems's current Enterprise Value is £19.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tan Delta Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.64 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.
Tan Delta Systems Enterprise Value Related Terms
Tan Delta Systems Enterprise Value Historical Data
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The historical data trend for Tan Delta Systems'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.
LSE:TAND vs SLB, BKR, HAL: Enterprise Value Comparison
For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems'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.
Tan Delta Systems Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tan Delta Systems's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tan Delta Systems'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.
Tan Delta Systems's Enterprise Value for the fiscal year 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.
Tan Delta Systems (LSE:TAND) has a Enterprise Value of £19.06 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 Tan Delta Systems and its competitors.
Is Tan Delta Systems' Enterprise Value too high?
Tan Delta Systems' current Enterprise Value is £19.06 Mil. Overall, Tan Delta Systems has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tan Delta Systems' Enterprise Value compare to SLB and BKR?
Tan Delta Systems' Enterprise Value of £19.06 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 Tan Delta Systems and its competitors. Tan Delta Systems's current Enterprise Value is £19.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tan Delta Systems stock overvalued right now?
Based on GuruFocus' analysis, Tan Delta Systems (LSE:TAND) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.18, compared to a current price of £0.28 — trading 55.6% above its estimated fair value. The current Enterprise Value is £19.06 Mil. Tan Delta Systems' overall GF Score™ is 25/100 with 4 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 Tan Delta Systems (LSE:TAND), the current Enterprise Value is £19.06 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 Tan Delta Systems (LSE:TAND) Overvalued in 2026?
Based on GuruFocus' analysis, Tan Delta Systems stock appears to be overvalued.
The current stock price of £0.28 is trading 55.6% above its estimated GF Value™ of £0.18.
GuruFocus considers Tan Delta Systems to be Significantly Overvalued.
Key valuation signals for LSE:TAND:
Enterprise Value: £19.06 Mil
GF Value™: £0.18 vs. price of £0.28 (55.6% above fair value)
No single metric tells the full story. See the LSE:TAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tan Delta Systems PLC develops real-time oil analysis and analytic technologies and products with capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency, and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. Its products include Sensors, Kits, Display solutions, Gateways & modems, and Accessories & services. Geographically, its solutions are in use across the UK, Europe, North and South America, Asia, and the Middle East.
25GF Score
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