ULCC (Frontier Group Holdings) Enterprise Value: $5,840 Mil (As of Aug. 02, 2026) ***

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ULCC Frontier Group Holdings Inc ULCC
76 GF Score
Price $6.75
GF Value $5.75
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Frontier Group Holdings Enterprise Value?

Frontier Group Holdings ULCC -3.36% 76 Enterprise Value is $5,840 Mil as of Aug. 02, 2026. GuruFocus rates ULCC with a GF Score™ of 76/100 and a GF Value™ of $5.75 (Modestly Overvalued). The stock has 7 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, Frontier Group Holdings's Enterprise Value is $5,840 Mil. Frontier Group Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-383 Mil. Therefore, Frontier Group Holdings's EV-to-EBIT ratio for today is -15.25.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Frontier Group Holdings's Enterprise Value is $5,840 Mil. Frontier Group Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $-278 Mil. Therefore, Frontier Group Holdings's EV-to-EBITDA ratio for today is -21.01.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Frontier Group Holdings's Enterprise Value is $5,840 Mil. Frontier Group Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was $4,154 Mil. Therefore, Frontier Group Holdings's EV-to-Revenue ratio for today is 1.41.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Frontier Group Holdings's Enterprise Value is $5,840 Mil. Frontier Group Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-115 Mil. Therefore, Frontier Group Holdings's EV-to-OCF ratio for today is -50.78.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Frontier Group Holdings's Enterprise Value is $5,840 Mil. Frontier Group Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $-126 Mil. Therefore, Frontier Group Holdings's EV-to-FCF ratio for today is -46.35.

*** 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.


Frontier Group Holdings  (NAS:ULCC) 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.

Frontier Group Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5839.805/-383
=-15.25

Frontier Group Holdings's current Enterprise Value is $5,840 Mil.
Frontier Group Holdings'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 $-383 Mil.

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

Frontier Group Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5839.805/-278
=-21.01

Frontier Group Holdings's current Enterprise Value is $5,840 Mil.
Frontier Group Holdings'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 $-278 Mil.

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

Frontier Group Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5839.805/4154
=1.41

Frontier Group Holdings's current Enterprise Value is $5,840 Mil.
Frontier Group Holdings'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 $4,154 Mil.

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

Frontier Group Holdings's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5839.805/-115
=-50.78

Frontier Group Holdings's current Enterprise Value is $5,840 Mil.
Frontier Group Holdings'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 $-115 Mil.

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

Frontier Group Holdings's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5839.805/-126
=-46.35

Frontier Group Holdings's current Enterprise Value is $5,840 Mil.
Frontier Group Holdings'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 $-126 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.


Frontier Group Holdings Enterprise Value Related Terms


Frontier Group Holdings Enterprise Value Historical Data

* Premium members only.

The historical data trend for Frontier Group Holdings'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.

Frontier Group Holdings Enterprise Value Chart

Frontier Group Holdings Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,876.57 4,404.59 4,067.57 5,330.88 5,870.64

Frontier Group Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5,135.13 5,473.64 5,870.64 5,286.95 6,107.87

ULCC vs RJET, JBLU, HRBR: Enterprise Value Comparison

For the Airlines subindustry, Frontier Group Holdings'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.


Frontier Group Holdings Enterprise Value vs Transportation Industry

For the Transportation industry and Industrials sector, Frontier Group Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Frontier Group Holdings's Enterprise Value falls into.


ULCC
76GF Score
Frontier Group Holdings Inc ULCC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Frontier Group Holdings 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.

Frontier Group Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Frontier Group Holdings's Enterprise Value for the quarter that ended in Jun. 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 $5,840 Mil mean?
Frontier Group Holdings (ULCC) has a Enterprise Value of $5,840 Mil as of Aug. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Frontier Group Holdings and its competitors.
Is Frontier Group Holdings' Enterprise Value too high?
Frontier Group Holdings' current Enterprise Value is $5,840 Mil. Overall, Frontier Group Holdings has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Group Holdings' Enterprise Value compare to RJET and JBLU?
Frontier Group Holdings' Enterprise Value of $5,840 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Enterprise Value depends on the Transportation 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 Frontier Group Holdings and its competitors. Frontier Group Holdings's current Enterprise Value is $5,840 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Frontier Group Holdings (ULCC) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.75, compared to a current price of $6.75 — trading 17.3% above its estimated fair value. The current Enterprise Value is $5,840 Mil. Frontier Group Holdings' overall GF Score™ is 76/100 with 7 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 Frontier Group Holdings (ULCC), the current Enterprise Value is $5,840 Mil as of Aug. 02, 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 Frontier Group Holdings (ULCC) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Group Holdings stock appears to be overvalued. The current stock price of $6.75 is trading 17.3% above its estimated GF Value™ of $5.75. GuruFocus considers Frontier Group Holdings to be Modestly Overvalued.

Key valuation signals for ULCC:

  • Enterprise Value: $5,840 Mil
  • GF Value™: $5.75 vs. price of $6.75 (17.3% above fair value)
  • GF Score™: 76/100 with 7 warning signs

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


Frontier Group Holdings Business Description

Other Exchanges 0VN:Germany
Address 4545 Airport Way, Denver, CO, USA, 80239
Frontier Group Holdings Inc is an ultra-low-cost carrier whose business is focused on Low Fares Done Right. The company owns a fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos, and 4 A321neos. The use of these aircraft, their seating configuration, weight-saving tactics, and baggage process have all contributed to the ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers. The majority of revenue is from Domestic flight follow by International.
76GF Score

Get the complete analysis for ULCC

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

$6.75
Price
$5.75
GF Value