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 $3,320.1 Mil.
Applied Digital's EBIT for the trailing twelve months (TTM) ended in Feb. 2025 was $-201.8 Mil. Therefore, Applied Digital's EV-to-EBIT ratio for today is -16.46.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Applied Digital's Enterprise Value is $3,320.1 Mil.
Applied Digital's EBITDA for the trailing twelve months (TTM) ended in Feb. 2025 was $-90.5 Mil. Therefore, Applied Digital's EV-to-EBITDA ratio for today is -36.67.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Applied Digital's Enterprise Value is $3,320.1 Mil.
Applied Digital's Revenue for the trailing twelve months (TTM) ended in Feb. 2025 was $221.2 Mil. Therefore, Applied Digital's EV-to-Revenue ratio for today is 15.01.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Applied Digital's Enterprise Value is $3,320.1 Mil.
Applied Digital's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2025 was $-694.5 Mil. Therefore, Applied Digital's EV-to-FCF ratio for today is -4.78.
*** 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 Enterprise Value Historical Data
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.
Competitive Comparison of Applied Digital's Enterprise Value
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's Enterprise Value Distribution in the 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. 2024 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.
Applied Digital (NAS: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 $3,320.1 Mil.
Applied Digital's EBIT for the trailing twelve months (TTM) ended in Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-201.8 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Applied Digital's current Enterprise Value is $3,320.1 Mil.
Applied Digital's EBITDA for the trailing twelve months (TTM) ended in Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-90.5 Mil.
Applied Digital's current Enterprise Value is $3,320.1 Mil.
Applied Digital's Revenue for the trailing twelve months (TTM) ended in Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $221.2 Mil.
Applied Digital's current Enterprise Value is $3,320.1 Mil.
Applied Digital's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-694.5 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
Thank you for viewing the detailed overview of Applied Digital's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
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, Cloud Services 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.
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