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.
*** 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.
The Descartes Systems Group (TSX:DSG) 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.
The Descartes Systems Group's EV-to-EBIT for today is
The Descartes Systems Group's current Enterprise Value is C$7,894 Mil.
The Descartes Systems Group's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$325 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
The Descartes Systems Group's EV-to-EBITDA for today is:
The Descartes Systems Group's current Enterprise Value is C$7,894 Mil.
The Descartes Systems Group's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$443 Mil.
The Descartes Systems Group's current Enterprise Value is C$7,894 Mil.
The Descartes Systems Group's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,040 Mil.
The Descartes Systems Group's current Enterprise Value is C$7,894 Mil.
The Descartes Systems Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$397 Mil.
The Descartes Systems Group's current Enterprise Value is C$7,894 Mil.
The Descartes Systems Group's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$388 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.
The Descartes Systems Group Enterprise Value Related Terms
The Descartes Systems Group Enterprise Value Historical Data
* 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.
The Descartes Systems Group Enterprise Value Chart
TSX:DSG vs UBER, SHOP, CRM: Enterprise Value Comparison
For the Software - Application subindustry, The Descartes Systems 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.
The Descartes Systems Group Enterprise Value vs Software Industry
For the Software industry and Technology sector, The Descartes Systems Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where The Descartes Systems Group's Enterprise Value falls into.
The Descartes Systems Group 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.
* 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.
The Descartes Systems Group (TSX:DSG) has a Enterprise Value of C$7,894 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on The Descartes Systems Group and its competitors.
Is The Descartes Systems Group's Enterprise Value too high?
The Descartes Systems Group's current Enterprise Value is C$7,894 Mil. Overall, The Descartes Systems Group has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Descartes Systems Group's Enterprise Value compare to UBER and SHOP?
The Descartes Systems Group's Enterprise Value of C$7,894 Mil can be compared against companies in the Software 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 Software company?
A good Enterprise Value depends on the Software 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 The Descartes Systems Group and its competitors. The Descartes Systems Group's current Enterprise Value is C$7,894 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Descartes Systems Group stock overvalued right now?
Based on GuruFocus' analysis, The Descartes Systems Group (TSX:DSG) is currently considered Significantly Undervalued. The stock's GF Value™ is C$162.74, compared to a current price of C$98.23 — trading 39.6% below its estimated fair value. The current Enterprise Value is C$7,894 Mil. The Descartes Systems Group's overall GF Score™ is 85/100. 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 The Descartes Systems Group (TSX:DSG), the current Enterprise Value is C$7,894 Mil as of Jun. 30, 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 The Descartes Systems Group (TSX:DSG) Overvalued in 2026?
Based on GuruFocus' analysis, The Descartes Systems Group stock appears to be undervalued.
The current stock price of C$98.23 is trading 39.6% below its estimated GF Value™ of C$162.74.
GuruFocus considers The Descartes Systems Group to be Significantly Undervalued.
Key valuation signals for TSX:DSG:
Enterprise Value: C$7,894 Mil
GF Value™: C$162.74 vs. price of C$98.23 (39.6% below fair value)
No single metric tells the full story. See the TSX:DSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
85GF Score
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