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, Messer Tehnogas a.d's Enterprise Value is RSD23,689 Mil.
Messer Tehnogas a.d's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was RSD5,930 Mil. Therefore, Messer Tehnogas a.d's EV-to-EBIT ratio for today is 3.99.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Messer Tehnogas a.d's Enterprise Value is RSD23,689 Mil.
Messer Tehnogas a.d's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was RSD7,887 Mil. Therefore, Messer Tehnogas a.d's EV-to-EBITDA ratio for today is 3.00.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Messer Tehnogas a.d's Enterprise Value is RSD23,689 Mil.
Messer Tehnogas a.d's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was RSD21,789 Mil. Therefore, Messer Tehnogas a.d's EV-to-Revenue ratio for today is 1.09.
*** 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.
Messer Tehnogas a.d (XBEL:TGAS) 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.
Messer Tehnogas a.d's current Enterprise Value is RSD23,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Messer Tehnogas a.d's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was RSD5,930 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Messer Tehnogas a.d's current Enterprise Value is RSD23,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Messer Tehnogas a.d's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was RSD7,887 Mil.
Messer Tehnogas a.d's current Enterprise Value is RSD23,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Messer Tehnogas a.d's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was RSD21,789 Mil.
Messer Tehnogas a.d's current Enterprise Value is RSD23,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Messer Tehnogas a.d's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was RSD5,406 Mil.
Messer Tehnogas a.d's current Enterprise Value is RSD23,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Messer Tehnogas a.d's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was RSD3,034 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.
Messer Tehnogas a.d Enterprise Value Related Terms
Messer Tehnogas a.d Enterprise Value Historical Data
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The historical data trend for Messer Tehnogas a.d'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.
XBEL:TGAS vs LIN, SHW, ECL: Enterprise Value Comparison
For the Specialty Chemicals subindustry, Messer Tehnogas a.d'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.
Messer Tehnogas a.d Enterprise Value vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Messer Tehnogas a.d's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Messer Tehnogas a.d's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Messer Tehnogas a.d's Enterprise Value for the fiscal year that ended in Dec. 2025 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.
What does a Enterprise Value of RSD23,689 Mil mean?
Messer Tehnogas a.d (XBEL:TGAS) has a Enterprise Value of RSD23,689 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Messer Tehnogas a.d and its competitors.
Is Messer Tehnogas a.d's Enterprise Value too high?
Messer Tehnogas a.d's current Enterprise Value is RSD23,689 Mil. Overall, Messer Tehnogas a.d has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Messer Tehnogas a.d's Enterprise Value compare to LIN and SHW?
Messer Tehnogas a.d's Enterprise Value of RSD23,689 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Enterprise Value depends on the Chemicals 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 Messer Tehnogas a.d and its competitors. Messer Tehnogas a.d's current Enterprise Value is RSD23,689 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Messer Tehnogas a.d stock overvalued right now?
Based on GuruFocus' analysis, Messer Tehnogas a.d (XBEL:TGAS) is currently considered Modestly Overvalued. The stock's GF Value™ is RSD28,824.57, compared to a current price of RSD34,001.00 — trading 18% above its estimated fair value. The current Enterprise Value is RSD23,689 Mil. Messer Tehnogas a.d's overall GF Score™ is 100/100 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 Messer Tehnogas a.d (XBEL:TGAS), the current Enterprise Value is RSD23,689 Mil as of Jul. 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 Messer Tehnogas a.d (XBEL:TGAS) Overvalued in 2026?
Based on GuruFocus' analysis, Messer Tehnogas a.d stock appears to be overvalued.
The current stock price of RSD34,001.00 is trading 18% above its estimated GF Value™ of RSD28,824.57.
GuruFocus considers Messer Tehnogas a.d to be Modestly Overvalued.
Key valuation signals for XBEL:TGAS:
Enterprise Value: RSD23,689 Mil
GF Value™: RSD28,824.57 vs. price of RSD34,001.00 (18% above fair value)
No single metric tells the full story. See the XBEL:TGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Messer Tehnogas a.d. is engaged in the production and marketing of industrial and medical gases. The company serves steel and metal, metallurgy, chemical and petrochemical, food and beverage, pharmaceutical, automobile, electronics, medicine, home care, cutting and welding, water treatment and ecology and scientific research industry. Its products include oxygen, azot, argon, hydrogen, helium, home care, special gases, distribution line, HFC refrigerant fluids, natural cooling fluids, and other gases.
100GF Score
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