FLSmidth AS (WBO:FLSM) Enterprise Value: €3,806 Mil (As of Jun. 24, 2026) ***


WBO:FLSM FLSmidth & Co AS WBO:FLSM
42 GF Score
Price €65.85
GF Value €35.63
Valuation Significantly Overvalued
! 3 Warning Signs
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What is FLSmidth AS Enterprise Value?

FLSmidth AS WBO:FLSM -3.73% 42 Enterprise Value is €3,806 Mil as of Jun. 24, 2026. GuruFocus rates WBO:FLSM with a GF Score™ of 42/100 and a GF Value™ of €35.63 (Significantly Overvalued). The stock has 3 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, FLSmidth AS's Enterprise Value is €3,806 Mil. FLSmidth AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €513 Mil. Therefore, FLSmidth AS's EV-to-EBIT ratio for today is 7.42.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, FLSmidth AS's Enterprise Value is €3,806 Mil. FLSmidth AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €586 Mil. Therefore, FLSmidth AS's EV-to-EBITDA ratio for today is 6.49.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, FLSmidth AS's Enterprise Value is €3,806 Mil. FLSmidth AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €1,899 Mil. Therefore, FLSmidth AS's EV-to-Revenue ratio for today is 2.00.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, FLSmidth AS's Enterprise Value is €3,806 Mil. FLSmidth AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €149 Mil. Therefore, FLSmidth AS's EV-to-OCF ratio for today is 25.56.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, FLSmidth AS's Enterprise Value is €3,806 Mil. FLSmidth AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €47 Mil. Therefore, FLSmidth AS's EV-to-FCF ratio for today is 80.16.

*** 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.


FLSmidth AS  (WBO:FLSM) 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.

FLSmidth AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3805.621/512.976
=7.42

FLSmidth AS's current Enterprise Value is €3,806 Mil.
FLSmidth AS'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 €513 Mil.

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

FLSmidth AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3805.621/585.959
=6.49

FLSmidth AS's current Enterprise Value is €3,806 Mil.
FLSmidth AS'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 €586 Mil.

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

FLSmidth AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3805.621/1899.478
=2.00

FLSmidth AS's current Enterprise Value is €3,806 Mil.
FLSmidth AS'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 €1,899 Mil.

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

FLSmidth AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3805.621/148.867
=25.56

FLSmidth AS's current Enterprise Value is €3,806 Mil.
FLSmidth AS'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 €149 Mil.

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

FLSmidth AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3805.621/47.473
=80.16

FLSmidth AS's current Enterprise Value is €3,806 Mil.
FLSmidth AS'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 €47 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.


FLSmidth AS Enterprise Value Related Terms


FLSmidth AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for FLSmidth AS'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.

FLSmidth AS Enterprise Value Chart

FLSmidth AS 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 0.00 0.00 0.00 0.00 0.00

FLSmidth AS 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 0.00 0.00 0.00 0.00 0.00

WBO:FLSM vs GEV, ETN, PH: Enterprise Value Comparison

For the Specialty Industrial Machinery subindustry, FLSmidth AS'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.


FLSmidth AS Enterprise Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FLSmidth AS's Enterprise Value distribution charts can be found below:

* The bar in red indicates where FLSmidth AS's Enterprise Value falls into.


WBO:FLSM
42GF Score
FLSmidth & Co AS WBO:FLSM
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FLSmidth AS 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.

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

FLSmidth AS'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 €3,806 Mil mean?
FLSmidth AS (WBO:FLSM) has a Enterprise Value of €3,806 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on FLSmidth AS and its competitors.
Is FLSmidth AS's Enterprise Value too high?
FLSmidth AS's current Enterprise Value is €3,806 Mil. Overall, FLSmidth AS has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FLSmidth AS's Enterprise Value compare to GEV and ETN?
FLSmidth AS's Enterprise Value of €3,806 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Enterprise Value depends on the Industrial Products 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 FLSmidth AS and its competitors. FLSmidth AS's current Enterprise Value is €3,806 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FLSmidth AS stock overvalued right now?
Based on GuruFocus' analysis, FLSmidth AS (WBO:FLSM) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.63, compared to a current price of €65.85 — trading 84.8% above its estimated fair value. The current Enterprise Value is €3,806 Mil. FLSmidth AS's overall GF Score™ is 42/100 with 3 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 FLSmidth AS (WBO:FLSM), the current Enterprise Value is €3,806 Mil as of Jun. 24, 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 FLSmidth AS (WBO:FLSM) Overvalued in 2026?

Based on GuruFocus' analysis, FLSmidth AS stock appears to be overvalued. The current stock price of €65.85 is trading 84.8% above its estimated GF Value™ of €35.63. GuruFocus considers FLSmidth AS to be Significantly Overvalued.

Key valuation signals for WBO:FLSM:

  • Enterprise Value: €3,806 Mil
  • GF Value™: €35.63 vs. price of €65.85 (84.8% above fair value)
  • GF Score™: 42/100 with 3 warning signs

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


FLSmidth AS Business Description

Address Havneholmen 2, Copenhagen, DNK, 2450
FLSmidth & Co AS is a Denmark-based company thatsupplies technologies and services to the mining industry, including solutions across processing flowsheets. Its offerings are aimed at supporting operational efficiency, risk management, and environmental considerations in the production of metals and minerals. The company's three segments are: Service, Products, and Pumps, Cyclones & Valves (PC&V). The majority of the company's revenue is generated from the Service segment. Geographically, the company operates across North America, South America, Europe, the Middle East & Africa, and Asia & Australia. Among all regions, South America contributes the majority of revenue.
42GF Score

Get the complete analysis for WBO:FLSM

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

€65.85
Price
€35.63
GF Value