Lightspeed Commerce (TSX:LSPD) Enterprise Value: C$1,296 Mil (As of Jun. 30, 2026) ***


TSX:LSPD Lightspeed Commerce Inc TSX:LSPD
74 GF Score
Price C$14.57
GF Value C$28.40
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Lightspeed Commerce Enterprise Value?

Lightspeed Commerce TSX:LSPD +0.97% 74 Enterprise Value is C$1,296 Mil as of Jun. 30, 2026. GuruFocus rates TSX:LSPD with a GF Score™ of 74/100 and a GF Value™ of C$28.40 (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, Lightspeed Commerce's Enterprise Value is C$1,296 Mil. Lightspeed Commerce's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was C$-196 Mil. Therefore, Lightspeed Commerce's EV-to-EBIT ratio for today is -6.60.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Lightspeed Commerce's Enterprise Value is C$1,296 Mil. Lightspeed Commerce's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$11 Mil. Therefore, Lightspeed Commerce's EV-to-EBITDA ratio for today is 117.22.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Lightspeed Commerce's Enterprise Value is C$1,296 Mil. Lightspeed Commerce's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was C$1,688 Mil. Therefore, Lightspeed Commerce's EV-to-Revenue ratio for today is 0.77.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Lightspeed Commerce's Enterprise Value is C$1,296 Mil. Lightspeed Commerce's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was C$77 Mil. Therefore, Lightspeed Commerce's EV-to-OCF ratio for today is 16.93.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Lightspeed Commerce's Enterprise Value is C$1,296 Mil. Lightspeed Commerce's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$-5 Mil. Therefore, Lightspeed Commerce's EV-to-FCF ratio for today is -250.69.

*** 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.


Lightspeed Commerce  (TSX:LSPD) 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.

Lightspeed Commerce's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1296.069/-196.307
=-6.60

Lightspeed Commerce's current Enterprise Value is C$1,296 Mil.
Lightspeed Commerce's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-196 Mil.

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

Lightspeed Commerce's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1296.069/11.057
=117.22

Lightspeed Commerce's current Enterprise Value is C$1,296 Mil.
Lightspeed Commerce'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$11 Mil.

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

Lightspeed Commerce's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1296.069/1687.9
=0.77

Lightspeed Commerce's current Enterprise Value is C$1,296 Mil.
Lightspeed Commerce'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$1,688 Mil.

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

Lightspeed Commerce's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1296.069/76.536
=16.93

Lightspeed Commerce's current Enterprise Value is C$1,296 Mil.
Lightspeed Commerce'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$77 Mil.

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

Lightspeed Commerce's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1296.069/-5.17
=-250.69

Lightspeed Commerce's current Enterprise Value is C$1,296 Mil.
Lightspeed Commerce's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5 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.


Lightspeed Commerce Enterprise Value Related Terms


Lightspeed Commerce Enterprise Value Historical Data

* Premium members only.

The historical data trend for Lightspeed Commerce'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.

Lightspeed Commerce Enterprise Value Chart

Lightspeed Commerce Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,537.72 2,046.16 1,979.07 1,065.79 1,118.83

Lightspeed Commerce 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 1,065.79 1,571.35 1,569.49 1,640.20 1,118.83

TSX:LSPD vs UBER, SHOP, CRM: Enterprise Value Comparison

For the Software - Application subindustry, Lightspeed Commerce'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.


Lightspeed Commerce Enterprise Value vs Software Industry

For the Software industry and Technology sector, Lightspeed Commerce's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Lightspeed Commerce's Enterprise Value falls into.


TSX:LSPD
74GF Score
Lightspeed Commerce Inc TSX:LSPD
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Lightspeed Commerce 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.

Lightspeed Commerce's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Lightspeed Commerce'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$1,296 Mil mean?
Lightspeed Commerce (TSX:LSPD) has a Enterprise Value of C$1,296 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 Lightspeed Commerce and its competitors.
Is Lightspeed Commerce's Enterprise Value too high?
Lightspeed Commerce's current Enterprise Value is C$1,296 Mil. Overall, Lightspeed Commerce has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lightspeed Commerce's Enterprise Value compare to UBER and SHOP?
Lightspeed Commerce's Enterprise Value of C$1,296 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 Lightspeed Commerce and its competitors. Lightspeed Commerce's current Enterprise Value is C$1,296 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightspeed Commerce stock overvalued right now?
Based on GuruFocus' analysis, Lightspeed Commerce (TSX:LSPD) is currently considered Significantly Undervalued. The stock's GF Value™ is C$28.40, compared to a current price of C$14.57 — trading 48.7% below its estimated fair value. The current Enterprise Value is C$1,296 Mil. Lightspeed Commerce's overall GF Score™ is 74/100 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 Lightspeed Commerce (TSX:LSPD), the current Enterprise Value is C$1,296 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 Lightspeed Commerce (TSX:LSPD) Overvalued in 2026?

Based on GuruFocus' analysis, Lightspeed Commerce stock appears to be undervalued. The current stock price of C$14.57 is trading 48.7% below its estimated GF Value™ of C$28.40. GuruFocus considers Lightspeed Commerce to be Significantly Undervalued.

Key valuation signals for TSX:LSPD:

  • Enterprise Value: C$1,296 Mil
  • GF Value™: C$28.40 vs. price of C$14.57 (48.7% below fair value)
  • GF Score™: 74/100 with 1 warning sign

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


Lightspeed Commerce Business Description

Other Exchanges LSPD:USA3L50:Germany
Address 700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6
Lightspeed Commerce Inc is a one-stop commerce platform providing its customers with the critical functionalities needed to engage with consumers, manage their operations, order their inventory, accept payments, and run their business. It has customers globally in over 100 countries, empowering single- and multi-location small and medium-sized businesses to compete in an omni-channel market environment by engaging with consumers across online, mobile, social, and physical channels. Its products are divided into retail, restaurant, and golf categories. Geographically, it operates in Canada, the United States, the United Kingdom, Switzerland, Germany, and Others with the majority of revenue deriving from Canada.
74GF Score

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

C$14.57
Price
C$28.40
GF Value