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.
*** 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.
Noval Property Real Estate Investment Co (ATH:NOVAL) 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.
Noval Property Real Estate Investment Co's EV-to-EBIT for today is
Noval Property Real Estate Investment Co's current Enterprise Value is €475.36 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Noval Property Real Estate Investment Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €49.60 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Noval Property Real Estate Investment Co's EV-to-EBITDA for today is:
Noval Property Real Estate Investment Co's current Enterprise Value is €475.36 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Noval Property Real Estate Investment Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €50.03 Mil.
Noval Property Real Estate Investment Co's current Enterprise Value is €475.36 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Noval Property Real Estate Investment Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €37.79 Mil.
Noval Property Real Estate Investment Co's current Enterprise Value is €475.36 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Noval Property Real Estate Investment Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €10.91 Mil.
Noval Property Real Estate Investment Co's current Enterprise Value is €475.36 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Noval Property Real Estate Investment Co's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €9.89 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.
Noval Property Real Estate Investment Co Enterprise Value Related Terms
Noval Property Real Estate Investment Co Enterprise Value Historical Data
* 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.
Noval Property Real Estate Investment Co Enterprise Value Chart
Noval Property Real Estate Investment Co Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Enterprise Value
0.00
0.00
0.00
429.50
513.29
Noval Property Real Estate Investment Co Semi-Annual Data
ATH:NOVAL vs VICI, WPC, BNL: Enterprise Value Comparison
For the REIT - Diversified subindustry, Noval Property Real Estate Investment Co'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.
Noval Property Real Estate Investment Co Enterprise Value vs REITs Industry
Noval Property Real Estate Investment Co 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.
* 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.
Noval Property Real Estate Investment Co (ATH:NOVAL) has a Enterprise Value of €475.36 Mil as of Jul. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Noval Property Real Estate Investment Co and its competitors.
Is Noval Property Real Estate Investment Co's Enterprise Value too high?
Noval Property Real Estate Investment Co's current Enterprise Value is €475.36 Mil. Overall, Noval Property Real Estate Investment Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Noval Property Real Estate Investment Co's Enterprise Value compare to VICI and WPC?
Noval Property Real Estate Investment Co's Enterprise Value of €475.36 Mil can be compared against companies in the REITs 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 REITs company?
A good Enterprise Value depends on the REITs 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 Noval Property Real Estate Investment Co and its competitors. Noval Property Real Estate Investment Co's current Enterprise Value is €475.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noval Property Real Estate Investment Co stock overvalued right now?
Noval Property Real Estate Investment Co (ATH:NOVAL) has a current Enterprise Value of €475.36 Mil. The current Enterprise Value is €475.36 Mil. Noval Property Real Estate Investment Co's overall GF Score™ is 17/100 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 Noval Property Real Estate Investment Co (ATH:NOVAL), the current Enterprise Value is €475.36 Mil as of Jul. 09, 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.
Noval Property Real Estate Investment Co Business Description
Noval Property Real Estate Investment Co is a well-diversified Real Estate Investment Company (REIC) engaged in sourcing, evaluating, and acquiring attractive investment opportunities mainly in the Greek real estate market. The company's investment portfolio includes various real estate properties comprising office buildings, commercial spaces, retail stores, hospitality properties, logistics, industrial buildings, and warehouses, as well as land and buildings for future development. Its operating segments are Retail, which derives maximum revenue, Offices, Industrial properties, Hospitality, and Other. Geographically, the company derives a majority of its revenue from Greece in the form of rental income, and the rest from Bulgaria.
17GF Score
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