Advantage Energy (TSX:AAV) Enterprise Value: C$2,531.6 Mil (As of Jul. 01, 2026) ***


TSX:AAV Advantage Energy Ltd TSX:AAV
84 GF Score
Price C$10.31
GF Value C$12.36
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Advantage Energy Enterprise Value?

Advantage Energy TSX:AAV +0.10% 84 Enterprise Value is C$2,531.6 Mil as of Jul. 01, 2026. GuruFocus rates TSX:AAV with a GF Score™ of 84/100 and a GF Value™ of C$12.36 (Modestly Undervalued). The stock has 6 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, Advantage Energy's Enterprise Value is C$2,531.6 Mil. Advantage Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was C$209.7 Mil. Therefore, Advantage Energy's EV-to-EBIT ratio for today is 12.07.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Advantage Energy's Enterprise Value is C$2,531.6 Mil. Advantage Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$436.8 Mil. Therefore, Advantage Energy's EV-to-EBITDA ratio for today is 5.80.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Advantage Energy's Enterprise Value is C$2,531.6 Mil. Advantage Energy's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was C$688.8 Mil. Therefore, Advantage Energy's EV-to-Revenue ratio for today is 3.68.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Advantage Energy's Enterprise Value is C$2,531.6 Mil. Advantage Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was C$351.6 Mil. Therefore, Advantage Energy's EV-to-OCF ratio for today is 7.20.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Advantage Energy's Enterprise Value is C$2,531.6 Mil. Advantage Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$-103.1 Mil. Therefore, Advantage Energy's EV-to-FCF ratio for today is -24.56.

*** 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.


Advantage Energy  (TSX:AAV) 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.

Advantage Energy's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2531.586/209.745
=12.07

Advantage Energy's current Enterprise Value is C$2,531.6 Mil.
Advantage Energy'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 C$209.7 Mil.

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

Advantage Energy's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2531.586/436.846
=5.80

Advantage Energy's current Enterprise Value is C$2,531.6 Mil.
Advantage Energy'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 C$436.8 Mil.

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

Advantage Energy's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2531.586/688.78
=3.68

Advantage Energy's current Enterprise Value is C$2,531.6 Mil.
Advantage Energy'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 C$688.8 Mil.

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

Advantage Energy's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2531.586/351.619
=7.20

Advantage Energy's current Enterprise Value is C$2,531.6 Mil.
Advantage Energy'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 C$351.6 Mil.

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

Advantage Energy's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2531.586/-103.082
=-24.56

Advantage Energy's current Enterprise Value is C$2,531.6 Mil.
Advantage Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-103.1 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.


Advantage Energy Enterprise Value Related Terms


Advantage Energy Enterprise Value Historical Data

* Premium members only.

The historical data trend for Advantage Energy'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.

Advantage Energy Enterprise Value Chart

Advantage Energy 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 1,558.48 1,780.68 1,623.74 2,322.32 2,733.24

Advantage Energy 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 2,474.61 2,667.16 2,627.14 2,733.24 2,685.94

TSX:AAV vs COP, EOG, FANG: Enterprise Value Comparison

For the Oil & Gas E&P subindustry, Advantage Energy'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.


Advantage Energy Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Advantage Energy's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Advantage Energy's Enterprise Value falls into.


TSX:AAV
84GF Score
Advantage Energy Ltd TSX:AAV
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Advantage Energy 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.

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

Advantage Energy'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 C$2,531.6 Mil mean?
Advantage Energy (TSX:AAV) has a Enterprise Value of C$2,531.6 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Advantage Energy and its competitors.
Is Advantage Energy's Enterprise Value too high?
Advantage Energy's current Enterprise Value is C$2,531.6 Mil. Overall, Advantage Energy has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advantage Energy's Enterprise Value compare to COP and EOG?
Advantage Energy's Enterprise Value of C$2,531.6 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas 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 Advantage Energy and its competitors. Advantage Energy's current Enterprise Value is C$2,531.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Energy stock overvalued right now?
Based on GuruFocus' analysis, Advantage Energy (TSX:AAV) is currently considered Modestly Undervalued. The stock's GF Value™ is C$12.36, compared to a current price of C$10.31 — trading 16.6% below its estimated fair value. The current Enterprise Value is C$2,531.6 Mil. Advantage Energy's overall GF Score™ is 84/100 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 Advantage Energy (TSX:AAV), the current Enterprise Value is C$2,531.6 Mil as of Jul. 01, 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 Advantage Energy (TSX:AAV) Overvalued in 2026?

Based on GuruFocus' analysis, Advantage Energy stock appears to be undervalued. The current stock price of C$10.31 is trading 16.6% below its estimated GF Value™ of C$12.36. GuruFocus considers Advantage Energy to be Modestly Undervalued.

Key valuation signals for TSX:AAV:

  • Enterprise Value: C$2,531.6 Mil
  • GF Value™: C$12.36 vs. price of C$10.31 (16.6% below fair value)
  • GF Score™: 84/100 with 6 warning signs

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


Advantage Energy Business Description

Industry EnergyOil & Gas
Other Exchanges AAVVF:USA9SA0:Germany
Address 440 - 2nd Avenue SW, Millennium Tower, Suite 2200, Calgary, AB, CAN, T2P 5E9
Advantage Energy Ltd is an energy producer with a position in the Western Canadian Sedimentary Basin. Additionally, it provides carbon capture and storage (CCS) solutions to emitters of carbon dioxide through its subsidiary. Its segments include Advantage (natural gas and liquids producer) engaged in the business of natural gas, crude oil and liquids production from its Montney and Charlie Lake resource plays in Alberta and B.C.; and Entropy (carbon capture and storage) provides carbon capture and storage solutions to emitters of carbon dioxide. Entropy captures and sequesters carbon at Advantage's Glacier Gas Plant.
84GF Score

Get the complete analysis for TSX:AAV

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

C$10.31
Price
C$12.36
GF Value