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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, Joby Aviation's Enterprise Value is €4,778.62 Mil.
Joby Aviation's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-678.95 Mil. Therefore, Joby Aviation's EV-to-EBIT ratio for today is -7.04.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Joby Aviation's Enterprise Value is €4,778.62 Mil.
Joby Aviation's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €-642.84 Mil. Therefore, Joby Aviation's EV-to-EBITDA ratio for today is -7.43.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Joby Aviation's Enterprise Value is €4,778.62 Mil.
Joby Aviation's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €66.55 Mil. Therefore, Joby Aviation's EV-to-Revenue ratio for today is 71.80.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Joby Aviation's Enterprise Value is €4,778.62 Mil.
Joby Aviation's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-567.54 Mil. Therefore, Joby Aviation's EV-to-FCF ratio for today is -8.42.
*** 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.
Joby Aviation (STU:8TQ) 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.
Joby Aviation's current Enterprise Value is €4,778.62 Mil.
Joby Aviation'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 €-678.95 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Joby Aviation's current Enterprise Value is €4,778.62 Mil.
Joby Aviation'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 €-642.84 Mil.
Joby Aviation's current Enterprise Value is €4,778.62 Mil.
Joby Aviation'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 €66.55 Mil.
Joby Aviation's current Enterprise Value is €4,778.62 Mil.
Joby Aviation'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 €-466.73 Mil.
Joby Aviation's current Enterprise Value is €4,778.62 Mil.
Joby Aviation'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 €-567.54 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.
Joby Aviation Enterprise Value Related Terms
Joby Aviation Enterprise Value Historical Data
* Premium members only.
The historical data trend for Joby Aviation'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.
STU:8TQ vs CAAP, ASLE, UP: Enterprise Value Comparison
For the Airports & Air Services subindustry, Joby Aviation'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.
Joby Aviation Enterprise Value vs Transportation Industry
For the Transportation industry and Industrials sector, Joby Aviation's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Joby Aviation'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.
Joby Aviation'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.
What does a Enterprise Value of €4,778.62 Mil mean?
Joby Aviation (STU:8TQ) has a Enterprise Value of €4,778.62 Mil as of Jul. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Joby Aviation and its competitors.
Is Joby Aviation's Enterprise Value too high?
Joby Aviation's current Enterprise Value is €4,778.62 Mil. Overall, Joby Aviation has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Joby Aviation's Enterprise Value compare to CAAP and ASLE?
Joby Aviation's Enterprise Value of €4,778.62 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Enterprise Value depends on the Transportation 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 Joby Aviation and its competitors. Joby Aviation's current Enterprise Value is €4,778.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joby Aviation stock overvalued right now?
Joby Aviation (STU:8TQ) has a current Enterprise Value of €4,778.62 Mil. The current Enterprise Value is €4,778.62 Mil. Joby Aviation's overall GF Score™ is 30/100 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 Joby Aviation (STU:8TQ), the current Enterprise Value is €4,778.62 Mil as of Jul. 29, 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.
Joby Aviation Inc is a transportation company developing an all-electric, vertical take-off and landing (eVTOL) air taxi for commercial passenger service. Its Joby eVTOL aircraft is designed to transport a pilot and up to four passengers or an expected payload of up to 1,000 pounds at speeds of up to 200 mph. The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge. The company is also developing an app-based platform that will help consumers to book rides directly through its service. It has one operating and reportable segment, air transportation and related services. The company's revenue consists of passenger revenue, which includes revenue generated from the transportation of passengers via helicopter or fixed wing aircraft.
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