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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, LightAir AB's Enterprise Value is kr7.06 Mil.
LightAir AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.92 Mil. Therefore, LightAir AB's EV-to-EBIT ratio for today is -0.89.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, LightAir AB's Enterprise Value is kr7.06 Mil.
LightAir AB's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.11 Mil. Therefore, LightAir AB's EV-to-EBITDA ratio for today is -0.99.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, LightAir AB's Enterprise Value is kr7.06 Mil.
LightAir AB's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was kr14.30 Mil. Therefore, LightAir AB's EV-to-Revenue ratio for today is 0.49.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, LightAir AB's Enterprise Value is kr7.06 Mil.
LightAir AB's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was kr-6.00 Mil. Therefore, LightAir AB's EV-to-FCF ratio for today is -1.18.
*** 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.
LightAir AB (NGM:LAIR) 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.
LightAir AB's current Enterprise Value is kr7.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. LightAir AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.92 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
LightAir AB's current Enterprise Value is kr7.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. LightAir AB's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.11 Mil.
LightAir AB's current Enterprise Value is kr7.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. LightAir AB's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was kr14.30 Mil.
LightAir AB's current Enterprise Value is kr7.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. LightAir AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was kr-6.00 Mil.
LightAir AB's current Enterprise Value is kr7.06 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. LightAir AB's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was kr-6.00 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.
LightAir AB Enterprise Value Related Terms
LightAir AB Enterprise Value Historical Data
* Premium members only.
The historical data trend for LightAir AB'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.
NGM:LAIR vs VLTO, ZWS, CECO: Enterprise Value Comparison
For the Pollution & Treatment Controls subindustry, LightAir AB'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.
LightAir AB Enterprise Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, LightAir AB's Enterprise Value distribution charts can be found below:
* The bar in red indicates where LightAir AB'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.
LightAir AB'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.
LightAir AB (NGM:LAIR) has a Enterprise Value of kr7.06 Mil as of Jul. 14, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on LightAir AB and its competitors.
Is LightAir AB's Enterprise Value too high?
LightAir AB's current Enterprise Value is kr7.06 Mil. Overall, LightAir AB has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's Enterprise Value compare to VLTO and ZWS?
LightAir AB's Enterprise Value of kr7.06 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 LightAir AB and its competitors. LightAir AB's current Enterprise Value is kr7.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.69 — trading 146.4% above its estimated fair value. The current Enterprise Value is kr7.06 Mil. LightAir AB's overall GF Score™ is 34/100 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 LightAir AB (NGM:LAIR), the current Enterprise Value is kr7.06 Mil as of Jul. 14, 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 LightAir AB (NGM:LAIR) Overvalued in 2026?
Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued.
The current stock price of kr0.69 is trading 146.4% above its estimated GF Value™ of kr0.28.
GuruFocus considers LightAir AB to be Significantly Overvalued.
Key valuation signals for NGM:LAIR:
Enterprise Value: kr7.06 Mil
GF Value™: kr0.28 vs. price of kr0.69 (146.4% above fair value)
No single metric tells the full story. See the NGM:LAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
34GF Score
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