Itau Unibanco Holding (MEX:ITUB N) Enterprise Value: MXN2,490,631 Mil (As of Jun. 30, 2026) ***


MEX:ITUB N Itau Unibanco Holding SA MEX:ITUB N
59 GF Score
Price MXN135.00
GF Value MXN91.58
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Itau Unibanco Holding Enterprise Value?

Itau Unibanco Holding MEX:ITUB N 59 Enterprise Value is MXN2,490,631 Mil as of Jun. 30, 2026. GuruFocus rates MEX:ITUB N with a GF Score™ of 59/100 and a GF Value™ of MXN91.58 (Significantly Overvalued). The stock has 9 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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Itau Unibanco Holding's Enterprise Value is MXN2,490,631 Mil. Itau Unibanco Holding's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MXN555,336 Mil. Therefore, Itau Unibanco Holding's EV-to-Revenue ratio for today is 4.48.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Itau Unibanco Holding's Enterprise Value is MXN2,490,631 Mil. Itau Unibanco Holding's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN354,525 Mil. Therefore, Itau Unibanco Holding's EV-to-OCF ratio for today is 7.03.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Itau Unibanco Holding's Enterprise Value is MXN2,490,631 Mil. Itau Unibanco Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN321,920 Mil. Therefore, Itau Unibanco Holding's EV-to-FCF ratio for today is 7.74.

*** 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.


Itau Unibanco Holding  (MEX:ITUB N) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

Itau Unibanco Holding's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2490630.670/555335.588
=4.48

Itau Unibanco Holding's current Enterprise Value is MXN2,490,631 Mil.
Itau Unibanco Holding'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 MXN555,336 Mil.

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

Itau Unibanco Holding's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2490630.670/354524.614
=7.03

Itau Unibanco Holding's current Enterprise Value is MXN2,490,631 Mil.
Itau Unibanco Holding'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 MXN354,525 Mil.

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

Itau Unibanco Holding's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2490630.670/321920.468
=7.74

Itau Unibanco Holding's current Enterprise Value is MXN2,490,631 Mil.
Itau Unibanco Holding'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 MXN321,920 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.


Itau Unibanco Holding Enterprise Value Related Terms


Itau Unibanco Holding Enterprise Value Historical Data

* Premium members only.

The historical data trend for Itau Unibanco Holding'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.

Itau Unibanco Holding Enterprise Value Chart

Itau Unibanco Holding 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 1,154,563.28 1,743,037.31 1,941,962.52 1,911,818.09 2,393,870.60

Itau Unibanco Holding 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 2,172,580.46 2,282,086.08 2,351,411.35 2,393,870.60 2,613,169.98

Itau Unibanco Holding Enterprise Value Competitor Comparison

For the Banks - Regional subindustry, Itau Unibanco Holding'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.


Itau Unibanco Holding Enterprise Value vs Banks Industry

For the Banks industry and Financial Services sector, Itau Unibanco Holding's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Itau Unibanco Holding's Enterprise Value falls into.


MEX:ITUB N
59GF Score
Itau Unibanco Holding SA MEX:ITUB N
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itau Unibanco Holding 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.

Itau Unibanco Holding's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Enterprise Value (A: Dec. 2025 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=1391697.3054747+0+1163296.207
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Balance Sheet Cash And Cash Equivalents
+697095.872+34901.163-893119.948
=2,393,871

Itau Unibanco Holding's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

Enterprise Value (Q: Mar. 2026 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=1587075.696+0+1160801.615
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Balance Sheet Cash And Cash Equivalents
+773206.839+35557.825-943471.995
=2,613,170

* 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 MXN2,490,631 Mil mean?
Itau Unibanco Holding (MEX:ITUB N) has a Enterprise Value of MXN2,490,631 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Itau Unibanco Holding and its competitors.
Is Itau Unibanco Holding's Enterprise Value too high?
Itau Unibanco Holding's current Enterprise Value is MXN2,490,631 Mil. Overall, Itau Unibanco Holding has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Itau Unibanco Holding's Enterprise Value compare to competitors?
Itau Unibanco Holding's Enterprise Value of MXN2,490,631 Mil can be compared against companies in the Banks 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 Banks company?
A good Enterprise Value depends on the Banks 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 Itau Unibanco Holding and its competitors. Itau Unibanco Holding's current Enterprise Value is MXN2,490,631 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itau Unibanco Holding stock overvalued right now?
Based on GuruFocus' analysis, Itau Unibanco Holding (MEX:ITUB N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN91.58, compared to a current price of MXN135.00 — trading 47.4% above its estimated fair value. The current Enterprise Value is MXN2,490,631 Mil. Itau Unibanco Holding's overall GF Score™ is 59/100 with 9 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 Itau Unibanco Holding (MEX:ITUB N), the current Enterprise Value is MXN2,490,631 Mil as of Jun. 30, 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 Itau Unibanco Holding (MEX:ITUB N) Overvalued in 2026?

Based on GuruFocus' analysis, Itau Unibanco Holding stock appears to be overvalued. The current stock price of MXN135.00 is trading 47.4% above its estimated GF Value™ of MXN91.58. GuruFocus considers Itau Unibanco Holding to be Significantly Overvalued.

Key valuation signals for MEX:ITUB N:

  • Enterprise Value: MXN2,490,631 Mil
  • GF Value™: MXN91.58 vs. price of MXN135.00 (47.4% above fair value)
  • GF Score™: 59/100 with 9 warning signs

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


Itau Unibanco Holding Business Description

Address Praca Alfredo Egydio de Souza Aranha, 100, Torre Olavo Setubal, Parque Jabaquara, Sao Paulo, SP, BRA, 04344-902
Itaú Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itaú and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itaú's commercial and consumer loans account for 35% and 43% of the bank's total loans, respectively, while foreign loans account for 22% of its portfolio as of the end of 2025. The bank also operates the fifth-largest insurer in Brazil and is the second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.
59GF Score

Get the complete analysis for MEX:ITUB N

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

MXN135.00
Price
MXN91.58
GF Value