Fonterra Co-operative Group (NZSE:FCG) Enterprise Value: NZ$15,417 Mil (As of Jul. 04, 2026) ***


NZSE:FCG Fonterra Co-operative Group Ltd NZSE:FCG
65 GF Score
Price NZ$4.21
GF Value NZ$2.96
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Fonterra Co-operative Group Enterprise Value?

Fonterra Co-operative Group NZSE:FCG -1.17% 65 Enterprise Value is NZ$15,417 Mil as of Jul. 04, 2026. GuruFocus rates NZSE:FCG with a GF Score™ of 65/100 and a GF Value™ of NZ$2.96 (Significantly Overvalued). The stock has 6 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, Fonterra Co-operative Group's Enterprise Value is NZ$15,417 Mil. Fonterra Co-operative Group's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$1,641 Mil. Therefore, Fonterra Co-operative Group's EV-to-EBIT ratio for today is 9.40.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Fonterra Co-operative Group's Enterprise Value is NZ$15,417 Mil. Fonterra Co-operative Group's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$2,218 Mil. Therefore, Fonterra Co-operative Group's EV-to-EBITDA ratio for today is 6.95.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Fonterra Co-operative Group's Enterprise Value is NZ$15,417 Mil. Fonterra Co-operative Group's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$25,175 Mil. Therefore, Fonterra Co-operative Group's EV-to-Revenue ratio for today is 0.61.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Fonterra Co-operative Group's Enterprise Value is NZ$15,417 Mil. Fonterra Co-operative Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$2,588 Mil. Therefore, Fonterra Co-operative Group's EV-to-OCF ratio for today is 5.96.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Fonterra Co-operative Group's Enterprise Value is NZ$15,417 Mil. Fonterra Co-operative Group's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$1,770 Mil. Therefore, Fonterra Co-operative Group's EV-to-FCF ratio for today is 8.71.

*** 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.


Fonterra Co-operative Group  (NZSE:FCG) 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.

Fonterra Co-operative Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15417.463/1641
=9.40

Fonterra Co-operative Group's current Enterprise Value is NZ$15,417 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fonterra Co-operative Group's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$1,641 Mil.

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

Fonterra Co-operative Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=15417.463/2218
=6.95

Fonterra Co-operative Group's current Enterprise Value is NZ$15,417 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fonterra Co-operative Group's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$2,218 Mil.

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

Fonterra Co-operative Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=15417.463/25175
=0.61

Fonterra Co-operative Group's current Enterprise Value is NZ$15,417 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fonterra Co-operative Group's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$25,175 Mil.

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

Fonterra Co-operative Group's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=15417.463/2588
=5.96

Fonterra Co-operative Group's current Enterprise Value is NZ$15,417 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fonterra Co-operative Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$2,588 Mil.

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

Fonterra Co-operative Group's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=15417.463/1770
=8.71

Fonterra Co-operative Group's current Enterprise Value is NZ$15,417 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fonterra Co-operative Group's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was NZ$1,770 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.


Fonterra Co-operative Group Enterprise Value Related Terms


Fonterra Co-operative Group Enterprise Value Historical Data

* Premium members only.

The historical data trend for Fonterra Co-operative Group'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.

Fonterra Co-operative Group Enterprise Value Chart

Fonterra Co-operative Group Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,711.07 9,375.01 7,426.18 7,730.45 10,620.03

Fonterra Co-operative Group Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 8,672.41 7,730.45 12,958.65 10,620.03 14,847.98

NZSE:FCG vs KHC, GIS, HRL: Enterprise Value Comparison

For the Packaged Foods subindustry, Fonterra Co-operative Group'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.


Fonterra Co-operative Group Enterprise Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fonterra Co-operative Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Fonterra Co-operative Group's Enterprise Value falls into.


NZSE:FCG
65GF Score
Fonterra Co-operative Group Ltd NZSE:FCG
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fonterra Co-operative Group 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.

Fonterra Co-operative Group's Enterprise Value for the fiscal year that ended in Jul. 2025 is calculated as

Fonterra Co-operative Group's Enterprise Value for the quarter that ended in Jan. 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 NZ$15,417 Mil mean?
Fonterra Co-operative Group (NZSE:FCG) has a Enterprise Value of NZ$15,417 Mil as of Jul. 04, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Fonterra Co-operative Group and its competitors.
Is Fonterra Co-operative Group's Enterprise Value too high?
Fonterra Co-operative Group's current Enterprise Value is NZ$15,417 Mil. Overall, Fonterra Co-operative Group has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fonterra Co-operative Group's Enterprise Value compare to KHC and GIS?
Fonterra Co-operative Group's Enterprise Value of NZ$15,417 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Enterprise Value depends on the Consumer Packaged Goods 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 Fonterra Co-operative Group and its competitors. Fonterra Co-operative Group's current Enterprise Value is NZ$15,417 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonterra Co-operative Group stock overvalued right now?
Based on GuruFocus' analysis, Fonterra Co-operative Group (NZSE:FCG) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$2.96, compared to a current price of NZ$4.21 — trading 42.2% above its estimated fair value. The current Enterprise Value is NZ$15,417 Mil. Fonterra Co-operative Group's overall GF Score™ is 65/100 with 6 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 Fonterra Co-operative Group (NZSE:FCG), the current Enterprise Value is NZ$15,417 Mil as of Jul. 04, 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 Fonterra Co-operative Group (NZSE:FCG) Overvalued in 2026?

Based on GuruFocus' analysis, Fonterra Co-operative Group stock appears to be overvalued. The current stock price of NZ$4.21 is trading 42.2% above its estimated GF Value™ of NZ$2.96. GuruFocus considers Fonterra Co-operative Group to be Significantly Overvalued.

Key valuation signals for NZSE:FCG:

  • Enterprise Value: NZ$15,417 Mil
  • GF Value™: NZ$2.96 vs. price of NZ$4.21 (42.2% above fair value)
  • GF Score™: 65/100 with 6 warning signs

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


Fonterra Co-operative Group Business Description

Address 109 Fanshawe Street, Auckland Central, Auckland, NTL, NZL, 1010
Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets is Asia, China, Australia, New Zealand, the United States, and the Rest of the world.
65GF Score

Get the complete analysis for NZSE:FCG

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

NZ$4.21
Price
NZ$2.96
GF Value