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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.
*** 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.
Space Exploration Technologies (TSX:SPCX) 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.
Space Exploration Technologies's EV-to-EBIT for today is
Space Exploration Technologies's current Enterprise Value is C$2,750,515 Mil.
Space Exploration Technologies's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4,783 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Space Exploration Technologies's EV-to-EBITDA for today is:
Space Exploration Technologies's current Enterprise Value is C$2,750,515 Mil.
Space Exploration Technologies's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,509 Mil.
Space Exploration Technologies's current Enterprise Value is C$2,750,515 Mil.
Space Exploration Technologies's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$17,256 Mil.
Space Exploration Technologies's current Enterprise Value is C$2,750,515 Mil.
Space Exploration Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4,746 Mil.
Space Exploration Technologies's current Enterprise Value is C$2,750,515 Mil.
Space Exploration Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-34,470 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.
Space Exploration Technologies Enterprise Value Related Terms
Space Exploration Technologies 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.
Space Exploration Technologies Enterprise Value Chart
Space Exploration Technologies Annual Data
Trend
Dec23
Dec24
Dec25
Enterprise Value
Space Exploration Technologies Quarterly Data
Mar25
Jun25
Mar26
Jun26
Enterprise Value
290,588.30
TSX:SPCX vs GE, RTX, BA: Enterprise Value Comparison
For the Aerospace & Defense subindustry, Space Exploration Technologies'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.
Space Exploration Technologies Enterprise Value vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Space Exploration Technologies's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Space Exploration Technologies's Enterprise Value falls into.
Space Exploration Technologies 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.
What does a Enterprise Value of C$2,750,515 Mil mean?
Space Exploration Technologies (TSX:SPCX) has a Enterprise Value of C$2,750,515 Mil as of Sep. 18, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Space Exploration Technologies and its competitors.
Is Space Exploration Technologies' Enterprise Value too high?
Space Exploration Technologies' current Enterprise Value is C$2,750,515 Mil. Overall, Space Exploration Technologies has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Space Exploration Technologies' Enterprise Value compare to GE and RTX?
Space Exploration Technologies' Enterprise Value of C$2,750,515 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Enterprise Value depends on the Aerospace & Defense 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 Space Exploration Technologies and its competitors. Space Exploration Technologies's current Enterprise Value is C$2,750,515 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Exploration Technologies stock overvalued right now?
Space Exploration Technologies (TSX:SPCX) has a current Enterprise Value of C$2,750,515 Mil. The current Enterprise Value is C$2,750,515 Mil. Space Exploration Technologies' overall GF Score™ is 17/100 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 Space Exploration Technologies (TSX:SPCX), the current Enterprise Value is C$2,750,515 Mil as of Sep. 18, 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.
Founded in 2002 and commonly known as SpaceX, the Space Exploration Technologies Corporation designs, manufactures, and operates a family of reusable rockets to launch various payloads into Earth orbit for government and commercial customers. Starting in 2019, the company began launching a constellation of its own communication satellites to provide mobile broadband and wireless services under the Starlink brand. In early 2026, the company acquired xAI from its founder, Elon Musk, which operates a large language artificial intelligence model named Grok, a gigawatt-scale data center called Colossus, and the social media network X.
17GF Score
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