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, SPAR Group's Enterprise Value is $49.4 Mil.
SPAR Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-19.2 Mil. Therefore, SPAR Group's EV-to-EBIT ratio for today is -2.57.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, SPAR Group's Enterprise Value is $49.4 Mil.
SPAR Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-17.0 Mil. Therefore, SPAR Group's EV-to-EBITDA ratio for today is -2.90.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, SPAR Group's Enterprise Value is $49.4 Mil.
SPAR Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $132.6 Mil. Therefore, SPAR Group's EV-to-Revenue ratio for today is 0.37.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, SPAR Group's Enterprise Value is $49.4 Mil.
SPAR Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-21.3 Mil. Therefore, SPAR Group's EV-to-FCF ratio for today is -2.32.
*** 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.
SPAR Group (NAS:SGRP) 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.
SPAR Group's current Enterprise Value is $49.4 Mil.
SPAR Group'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 $-19.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
SPAR Group's current Enterprise Value is $49.4 Mil.
SPAR Group'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 $-17.0 Mil.
SPAR Group's current Enterprise Value is $49.4 Mil.
SPAR Group'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 $132.6 Mil.
SPAR Group's current Enterprise Value is $49.4 Mil.
SPAR Group'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 $-18.3 Mil.
SPAR Group's current Enterprise Value is $49.4 Mil.
SPAR Group'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 $-21.3 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.
SPAR Group Enterprise Value Related Terms
SPAR Group Enterprise Value Historical Data
* Premium members only.
The historical data trend for SPAR 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.
SGRP vs THH, CAHO, WHLM: Enterprise Value Comparison
For the Specialty Business Services subindustry, SPAR 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.
SPAR Group Enterprise Value vs Business Services Industry
For the Business Services industry and Industrials sector, SPAR Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where SPAR Group'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.
SPAR Group'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.
SPAR Group (SGRP) has a Enterprise Value of $49.4 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 SPAR Group and its competitors.
Is SPAR Group's Enterprise Value too high?
SPAR Group's current Enterprise Value is $49.4 Mil. Overall, SPAR Group has a GF Score™ of 29/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SPAR Group's Enterprise Value compare to THH and CAHO?
SPAR Group's Enterprise Value of $49.4 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Enterprise Value depends on the Business Services 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 SPAR Group and its competitors. SPAR Group's current Enterprise Value is $49.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPAR Group stock overvalued right now?
Based on GuruFocus' analysis, SPAR Group (SGRP) is currently considered Fairly Valued. The stock's GF Value™ is $0.86, compared to a current price of $0.81 — trading 5.8% below its estimated fair value. The current Enterprise Value is $49.4 Mil. SPAR Group's overall GF Score™ is 29/100 with 8 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 SPAR Group (SGRP), the current Enterprise Value is $49.4 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 SPAR Group (SGRP) Overvalued in 2026?
Based on GuruFocus' analysis, SPAR Group stock appears to be undervalued.
The current stock price of $0.81 is trading 5.8% below its estimated GF Value™ of $0.86.
GuruFocus considers SPAR Group to be Fairly Valued.
Key valuation signals for SGRP:
Enterprise Value: $49.4 Mil
GF Value™: $0.86 vs. price of $0.81 (5.8% below fair value)
No single metric tells the full story. See the SGRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPAR Group Inc is a merchandising and brand marketing services company, providing a broad range of sales-enhancing services to retailers across classes of trade and consumer goods manufacturers and distributors. The company provides five principal types of services: Merchandising, Marketing and Category Management, Remodel and Retail Transformation, Assembly and Installation, Fulfilment and Distribution, and Business Analytics and Insights. It operates in two segments, namely the U.S. and Canada, with the majority of the revenues deriving from the U.S. segment.
29GF Score
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