Vestas Wind Systems AS (OCSE:VWS) Enterprise Value: kr166,103 Mil (As of Jun. 28, 2026) ***


OCSE:VWS Vestas Wind Systems AS OCSE:VWS
84 GF Score
Price kr172.50
GF Value kr190.98
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vestas Wind Systems AS Enterprise Value?

Vestas Wind Systems AS OCSE:VWS +1.38% 84 Enterprise Value is kr166,103 Mil as of Jun. 28, 2026. GuruFocus rates OCSE:VWS with a GF Score™ of 84/100 and a GF Value™ of kr190.98 (Modestly Undervalued). The stock has 4 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, Vestas Wind Systems AS's Enterprise Value is kr166,103 Mil. Vestas Wind Systems AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr9,685 Mil. Therefore, Vestas Wind Systems AS's EV-to-EBIT ratio for today is 17.15.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vestas Wind Systems AS's Enterprise Value is kr166,103 Mil. Vestas Wind Systems AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr9,685 Mil. Therefore, Vestas Wind Systems AS's EV-to-EBITDA ratio for today is 17.15.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vestas Wind Systems AS's Enterprise Value is kr166,103 Mil. Vestas Wind Systems AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr144,260 Mil. Therefore, Vestas Wind Systems AS's EV-to-Revenue ratio for today is 1.15.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Vestas Wind Systems AS's Enterprise Value is kr166,103 Mil. Vestas Wind Systems AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was kr14,699 Mil. Therefore, Vestas Wind Systems AS's EV-to-OCF ratio for today is 11.30.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Vestas Wind Systems AS's Enterprise Value is kr166,103 Mil. Vestas Wind Systems AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr5,971 Mil. Therefore, Vestas Wind Systems AS's EV-to-FCF ratio for today is 27.82.

*** 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.


Vestas Wind Systems AS  (OCSE:VWS) 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.

Vestas Wind Systems AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=166103.265/9685.127
=17.15

Vestas Wind Systems AS's current Enterprise Value is kr166,103 Mil.
Vestas Wind Systems AS's EBIT 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 kr9,685 Mil.

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

Vestas Wind Systems AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=166103.265/9685.127
=17.15

Vestas Wind Systems AS's current Enterprise Value is kr166,103 Mil.
Vestas Wind Systems AS's EBITDA 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 kr9,685 Mil.

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

Vestas Wind Systems AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=166103.265/144259.638
=1.15

Vestas Wind Systems AS's current Enterprise Value is kr166,103 Mil.
Vestas Wind Systems AS'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 kr144,260 Mil.

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

Vestas Wind Systems AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=166103.265/14699.149
=11.30

Vestas Wind Systems AS's current Enterprise Value is kr166,103 Mil.
Vestas Wind Systems AS'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 kr14,699 Mil.

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

Vestas Wind Systems AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=166103.265/5970.899
=27.82

Vestas Wind Systems AS's current Enterprise Value is kr166,103 Mil.
Vestas Wind Systems AS'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 kr5,971 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.


Vestas Wind Systems AS Enterprise Value Related Terms


Vestas Wind Systems AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Enterprise Value Chart

Vestas Wind Systems AS 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 193,139.04 204,025.57 216,514.71 93,715.70 163,201.41

Vestas Wind Systems AS 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 93,340.51 96,200.51 116,814.80 163,201.41 184,359.12

OCSE:VWS vs GEV, ETN, PH: Enterprise Value Comparison

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.


Vestas Wind Systems AS Enterprise Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Enterprise Value falls into.


OCSE:VWS
84GF Score
Vestas Wind Systems AS OCSE:VWS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vestas Wind Systems AS 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.

Vestas Wind Systems AS's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Vestas Wind Systems AS's Enterprise Value for the quarter that ended in Mar. 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 kr166,103 Mil mean?
Vestas Wind Systems AS (OCSE:VWS) has a Enterprise Value of kr166,103 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 Vestas Wind Systems AS and its competitors.
Is Vestas Wind Systems AS's Enterprise Value too high?
Vestas Wind Systems AS's current Enterprise Value is kr166,103 Mil. Overall, Vestas Wind Systems AS has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Enterprise Value compare to GEV and ETN?
Vestas Wind Systems AS's Enterprise Value of kr166,103 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 Vestas Wind Systems AS and its competitors. Vestas Wind Systems AS's current Enterprise Value is kr166,103 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (OCSE:VWS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr190.98, compared to a current price of kr172.50 — trading 9.7% below its estimated fair value. The current Enterprise Value is kr166,103 Mil. Vestas Wind Systems AS's overall GF Score™ is 84/100 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 Vestas Wind Systems AS (OCSE:VWS), the current Enterprise Value is kr166,103 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 Vestas Wind Systems AS (OCSE:VWS) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued. The current stock price of kr172.50 is trading 9.7% below its estimated GF Value™ of kr190.98. GuruFocus considers Vestas Wind Systems AS to be Modestly Undervalued.

Key valuation signals for OCSE:VWS:

  • Enterprise Value: kr166,103 Mil
  • GF Value™: kr190.98 vs. price of kr172.50 (9.7% below fair value)
  • GF Score™: 84/100 with 4 warning signs

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


Vestas Wind Systems AS Business Description

Address Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
84GF Score

Get the complete analysis for OCSE:VWS

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

kr172.50
Price
kr190.98
GF Value