Thomson Reuters (STU:TOC0) Enterprise Value: €32,835 Mil (As of Jun. 25, 2026) ***


STU:TOC0 Thomson Reuters Corp STU:TOC0
70 GF Score
Price €80.26
GF Value €179.38
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Thomson Reuters Enterprise Value?

Thomson Reuters STU:TOC0 70 Enterprise Value is €32,835 Mil as of Jun. 25, 2026. GuruFocus rates STU:TOC0 with a GF Score™ of 70/100 and a GF Value™ of €179.38 (Significantly Undervalued). The stock has 1 warning sign 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, Thomson Reuters's Enterprise Value is €32,835 Mil. Thomson Reuters's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1,891 Mil. Therefore, Thomson Reuters's EV-to-EBIT ratio for today is 17.37.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thomson Reuters's Enterprise Value is €32,835 Mil. Thomson Reuters's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €2,706 Mil. Therefore, Thomson Reuters's EV-to-EBITDA ratio for today is 12.13.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thomson Reuters's Enterprise Value is €32,835 Mil. Thomson Reuters's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €6,587 Mil. Therefore, Thomson Reuters's EV-to-Revenue ratio for today is 4.98.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Thomson Reuters's Enterprise Value is €32,835 Mil. Thomson Reuters's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €2,329 Mil. Therefore, Thomson Reuters's EV-to-OCF ratio for today is 14.10.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Thomson Reuters's Enterprise Value is €32,835 Mil. Thomson Reuters's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1,780 Mil. Therefore, Thomson Reuters's EV-to-FCF ratio for today is 18.45.

*** 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.


Thomson Reuters  (STU:TOC0) 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.

Thomson Reuters's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=32835.109/1890.8
=17.37

Thomson Reuters's current Enterprise Value is €32,835 Mil.
Thomson Reuters'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 €1,891 Mil.

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

Thomson Reuters's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=32835.109/2706.463
=12.13

Thomson Reuters's current Enterprise Value is €32,835 Mil.
Thomson Reuters'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 €2,706 Mil.

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

Thomson Reuters's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=32835.109/6586.8
=4.98

Thomson Reuters's current Enterprise Value is €32,835 Mil.
Thomson Reuters'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 €6,587 Mil.

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

Thomson Reuters's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=32835.109/2329.039
=14.10

Thomson Reuters's current Enterprise Value is €32,835 Mil.
Thomson Reuters'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 €2,329 Mil.

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

Thomson Reuters's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=32835.109/1779.822
=18.45

Thomson Reuters's current Enterprise Value is €32,835 Mil.
Thomson Reuters'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 €1,780 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.


Thomson Reuters Enterprise Value Related Terms


Thomson Reuters Enterprise Value Historical Data

* Premium members only.

The historical data trend for Thomson Reuters'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.

Thomson Reuters Enterprise Value Chart

Thomson Reuters 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 53,510.46 54,157.07 61,527.92 69,416.13 51,647.28

Thomson Reuters 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 73,283.34 77,735.68 60,438.21 51,647.28 36,139.29

STU:TOC0 vs CTAS, CPRT, GPN: Enterprise Value Comparison

For the Specialty Business Services subindustry, Thomson Reuters'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.


Thomson Reuters Enterprise Value vs Business Services Industry

For the Business Services industry and Industrials sector, Thomson Reuters's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Thomson Reuters's Enterprise Value falls into.


STU:TOC0
70GF Score
Thomson Reuters Corp STU:TOC0
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thomson Reuters 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.

Thomson Reuters's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Thomson Reuters'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 €32,835 Mil mean?
Thomson Reuters (STU:TOC0) has a Enterprise Value of €32,835 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thomson Reuters and its competitors.
Is Thomson Reuters' Enterprise Value too high?
Thomson Reuters' current Enterprise Value is €32,835 Mil. Overall, Thomson Reuters has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thomson Reuters' Enterprise Value compare to CTAS and CPRT?
Thomson Reuters' Enterprise Value of €32,835 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 Thomson Reuters and its competitors. Thomson Reuters's current Enterprise Value is €32,835 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thomson Reuters stock overvalued right now?
Based on GuruFocus' analysis, Thomson Reuters (STU:TOC0) is currently considered Significantly Undervalued. The stock's GF Value™ is €179.38, compared to a current price of €80.26 — trading 55.3% below its estimated fair value. The current Enterprise Value is €32,835 Mil. Thomson Reuters' overall GF Score™ is 70/100 with 1 warning sign 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 Thomson Reuters (STU:TOC0), the current Enterprise Value is €32,835 Mil as of Jun. 25, 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 Thomson Reuters (STU:TOC0) Overvalued in 2026?

Based on GuruFocus' analysis, Thomson Reuters stock appears to be undervalued. The current stock price of €80.26 is trading 55.3% below its estimated GF Value™ of €179.38. GuruFocus considers Thomson Reuters to be Significantly Undervalued.

Key valuation signals for STU:TOC0:

  • Enterprise Value: €32,835 Mil
  • GF Value™: €179.38 vs. price of €80.26 (55.3% below fair value)
  • GF Score™: 70/100 with 1 warning sign

No single metric tells the full story. See the STU:TOC0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thomson Reuters Business Description

Address 19 Duncan Street, Toronto, ON, CAN, M5H 3H1
Thomson Reuters is a leading global provider of business information services, delivering trusted data, technology, and expertise to professionals across legal, tax, accounting, risk, compliance, and the news and media sectors. Headquartered in Toronto, Canada, the company combines deep domain knowledge with data and software solutions to help clients make informed decisions, manage complexity, and drive efficiency. Thomson Reuters serves legal and accounting/tax professionals, corporations, and governments worldwide, but around 75% of revenue is generated in the US. The company is known for flagship products such as Westlaw, UltraTax CS, and Reuters News.
70GF Score

Get the complete analysis for STU:TOC0

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

€80.26
Price
€179.38
GF Value