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, Applied Digital's Enterprise Value is CHF8,533.2 Mil.
Applied Digital's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was CHF-52.0 Mil. Therefore, Applied Digital's EV-to-EBIT ratio for today is -163.96.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Applied Digital's Enterprise Value is CHF8,533.2 Mil.
Applied Digital's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was CHF-0.1 Mil. Therefore, Applied Digital's EV-to-EBITDA ratio for today is -95,878.67.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Applied Digital's Enterprise Value is CHF8,533.2 Mil.
Applied Digital's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was CHF284.1 Mil. Therefore, Applied Digital's EV-to-Revenue ratio for today is 30.03.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Applied Digital's Enterprise Value is CHF8,533.2 Mil.
Applied Digital's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was CHF-1,811.0 Mil. Therefore, Applied Digital's EV-to-FCF ratio for today is -4.71.
*** 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.
Applied Digital (XSWX:APLD) 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.
Applied Digital's current Enterprise Value is CHF8,533.2 Mil.
Applied Digital's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-52.0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Applied Digital's current Enterprise Value is CHF8,533.2 Mil.
Applied Digital's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-0.1 Mil.
Applied Digital's current Enterprise Value is CHF8,533.2 Mil.
Applied Digital's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF284.1 Mil.
Applied Digital's current Enterprise Value is CHF8,533.2 Mil.
Applied Digital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-36.0 Mil.
Applied Digital's current Enterprise Value is CHF8,533.2 Mil.
Applied Digital's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-1,811.0 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.
Applied Digital Enterprise Value Related Terms
Applied Digital Enterprise Value Historical Data
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The historical data trend for Applied Digital'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.
For the Information Technology Services subindustry, Applied Digital'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.
Applied Digital Enterprise Value vs Software Industry
For the Software industry and Technology sector, Applied Digital's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Applied Digital'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.
Applied Digital's Enterprise Value for the fiscal year that ended in May. 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 CHF8,533.2 Mil mean?
Applied Digital (XSWX:APLD) has a Enterprise Value of CHF8,533.2 Mil as of Jul. 04, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Applied Digital and its competitors.
Is Applied Digital's Enterprise Value too high?
Applied Digital's current Enterprise Value is CHF8,533.2 Mil. Overall, Applied Digital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Applied Digital's Enterprise Value compare to ?
Applied Digital's Enterprise Value of CHF8,533.2 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 Applied Digital and its competitors. Applied Digital's current Enterprise Value is CHF8,533.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Digital stock overvalued right now?
Applied Digital (XSWX:APLD) has a current Enterprise Value of CHF8,533.2 Mil. The stock's GF Value™ is CHF11.40, compared to a current price of CHF27.30 — trading 139.5% above its estimated fair value. The current Enterprise Value is CHF8,533.2 Mil. Applied Digital's overall GF Score™ is 38/100 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 Applied Digital (XSWX:APLD), the current Enterprise Value is CHF8,533.2 Mil as of Jul. 04, 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 Applied Digital (XSWX:APLD) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Digital stock appears to be overvalued.
The current stock price of CHF27.30 is trading 139.5% above its estimated GF Value™ of CHF11.40.
Key valuation signals for XSWX:APLD:
Enterprise Value: CHF8,533.2 Mil
GF Value™: CHF11.40 vs. price of CHF27.30 (139.5% above fair value)
No single metric tells the full story. See the XSWX:APLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Digital Corp is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services to industries like High-Performance Computing (HPC) and Artificial Intelligence (AI). The company operates in the following business segments: Data Center Hosting Business and HPC Hosting Business. The majority of its revenue is generated from the Data Center Hosting Business, which operates data centers to provide energized space to crypto mining customers.
38GF Score
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