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. This ratio does not apply to banks.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.
*** 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.
London City Equities (ASX:LCE) 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.
London City Equities's current Enterprise Value is A$26.88 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. London City Equities's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.98 Mil.
London City Equities's current Enterprise Value is A$26.88 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. London City Equities's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-9.31 Mil.
London City Equities's current Enterprise Value is A$26.88 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. London City Equities's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-9.31 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.
London City Equities Enterprise Value Related Terms
London City Equities Enterprise Value Historical Data
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The historical data trend for London City Equities'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.
ASX:LCE vs BLK, BX, KKR: Enterprise Value Comparison
For the Asset Management subindustry, London City Equities'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.
London City Equities Enterprise Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, London City Equities's Enterprise Value distribution charts can be found below:
* The bar in red indicates where London City Equities'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.
London City Equities's Enterprise Value for the fiscal year that ended in Jun. 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.
London City Equities (ASX:LCE) has a Enterprise Value of A$26.88 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on London City Equities and its competitors.
Is London City Equities' Enterprise Value too high?
London City Equities' current Enterprise Value is A$26.88 Mil. Overall, London City Equities has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London City Equities' Enterprise Value compare to BLK and BX?
London City Equities' Enterprise Value of A$26.88 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Enterprise Value depends on the Asset Management 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 London City Equities and its competitors. London City Equities's current Enterprise Value is A$26.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London City Equities stock overvalued right now?
Based on GuruFocus' analysis, London City Equities (ASX:LCE) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.08, compared to a current price of A$0.85 — trading 21.3% below its estimated fair value. The current Enterprise Value is A$26.88 Mil. London City Equities' overall GF Score™ is 68/100 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 London City Equities (ASX:LCE), the current Enterprise Value is A$26.88 Mil as of Jun. 29, 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 London City Equities (ASX:LCE) Overvalued in 2026?
Based on GuruFocus' analysis, London City Equities stock appears to be undervalued.
The current stock price of A$0.85 is trading 21.3% below its estimated GF Value™ of A$1.08.
GuruFocus considers London City Equities to be Modestly Undervalued.
Key valuation signals for ASX:LCE:
Enterprise Value: A$26.88 Mil
GF Value™: A$1.08 vs. price of A$0.85 (21.3% below fair value)
No single metric tells the full story. See the ASX:LCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
London City Equities Ltd is a holding company engaged in investing in Australian equities with market shares and offering growth. The company focuses on providing shareholders with attractive investment returns over the medium to longer terms by enhancing capital growth and paying dividends that, over time, grow faster than the rate of inflation. Its operating segments are Equity Investment, which is the company's key revenue-generating segment, and Other.
68GF Score
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