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, Steppe Cement's Enterprise Value is $47.4 Mil.
Steppe Cement's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $5.7 Mil. Therefore, Steppe Cement's EV-to-EBIT ratio for today is 8.29.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Steppe Cement's Enterprise Value is $47.4 Mil.
Steppe Cement's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $11.0 Mil. Therefore, Steppe Cement's EV-to-EBITDA ratio for today is 4.32.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Steppe Cement's Enterprise Value is $47.4 Mil.
Steppe Cement's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $101.5 Mil. Therefore, Steppe Cement's EV-to-Revenue ratio for today is 0.47.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Steppe Cement's Enterprise Value is $47.4 Mil.
Steppe Cement's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $12.0 Mil. Therefore, Steppe Cement's EV-to-FCF ratio for today is 3.94.
*** 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.
Steppe Cement (OTCPK:SPPCF) 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.
Steppe Cement's current Enterprise Value is $47.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Steppe Cement's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $5.7 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Steppe Cement's current Enterprise Value is $47.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Steppe Cement's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $11.0 Mil.
Steppe Cement's current Enterprise Value is $47.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Steppe Cement's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $101.5 Mil.
Steppe Cement's current Enterprise Value is $47.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Steppe Cement's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $13.9 Mil.
Steppe Cement's current Enterprise Value is $47.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Steppe Cement's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $12.0 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.
Steppe Cement Enterprise Value Related Terms
Steppe Cement Enterprise Value Historical Data
* Premium members only.
The historical data trend for Steppe Cement'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.
SPPCF vs CRH, VMC, MLM: Enterprise Value Comparison
For the Building Materials subindustry, Steppe Cement'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.
Steppe Cement Enterprise Value vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Steppe Cement's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Steppe Cement'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.
Steppe Cement'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.
Steppe Cement (SPPCF) has a Enterprise Value of $47.4 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Steppe Cement and its competitors.
Is Steppe Cement's Enterprise Value too high?
Steppe Cement's current Enterprise Value is $47.4 Mil. Overall, Steppe Cement has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Steppe Cement's Enterprise Value compare to CRH and VMC?
Steppe Cement's Enterprise Value of $47.4 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Enterprise Value depends on the Building Materials 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 Steppe Cement and its competitors. Steppe Cement's current Enterprise Value is $47.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steppe Cement stock overvalued right now?
Steppe Cement (SPPCF) has a current Enterprise Value of $47.4 Mil. The stock's GF Value™ is $0.31, compared to a current price of $0.31 — trading right at its estimated fair value. The current Enterprise Value is $47.4 Mil. Steppe Cement's overall GF Score™ is 55/100 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 Steppe Cement (SPPCF), the current Enterprise Value is $47.4 Mil as of Jun. 26, 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 Steppe Cement (SPPCF) Overvalued in 2026?
Based on GuruFocus' analysis, Steppe Cement stock appears to be undervalued.
The current stock price of $0.31 is trading 0% below its estimated GF Value™ of $0.31.
Key valuation signals for SPPCF:
Enterprise Value: $47.4 Mil
GF Value™: $0.31 vs. price of $0.31 (0% below fair value)
No single metric tells the full story. See the SPPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steppe Cement Ltd is an investment holding company based in Malaysia. Its primary business is the production and sale of cement, which is in the Karaganda region, the Republic of Kazakhstan. The company derives revenue from the sale of manufactured goods and the transmission and distribution of electricity.
55GF Score
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