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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, Quality and Reliability's Enterprise Value is €50.60 Mil.
Quality and Reliability's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €1.75 Mil. Therefore, Quality and Reliability's EV-to-EBIT ratio for today is 28.95.
*** 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.
Quality and Reliability (ATH:QUAL) 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.
Quality and Reliability's current Enterprise Value is €50.60 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Quality and Reliability's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €1.75 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Quality and Reliability's EV-to-EBITDA for today is:
Quality and Reliability's current Enterprise Value is €50.60 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Quality and Reliability's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €2.85 Mil.
Quality and Reliability's current Enterprise Value is €50.60 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Quality and Reliability's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €21.03 Mil.
Quality and Reliability's current Enterprise Value is €50.60 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Quality and Reliability's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.84 Mil.
Quality and Reliability's current Enterprise Value is €50.60 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Quality and Reliability's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.33 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.
Quality and Reliability Enterprise Value Related Terms
Quality and Reliability 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.
ATH:QUAL vs QH, SHOP, UBER: Enterprise Value Comparison
For the Software - Application subindustry, Quality and Reliability'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.
Quality and Reliability Enterprise Value vs Software Industry
For the Software industry and Technology sector, Quality and Reliability's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Quality and Reliability's Enterprise Value falls into.
Quality and Reliability 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.
Quality and Reliability'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.
Quality and Reliability (ATH:QUAL) has a Enterprise Value of €50.60 Mil as of Aug. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Quality and Reliability and its competitors.
Is Quality and Reliability's Enterprise Value too high?
Quality and Reliability's current Enterprise Value is €50.60 Mil. Overall, Quality and Reliability has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Quality and Reliability's Enterprise Value compare to QH and SHOP?
Quality and Reliability's Enterprise Value of €50.60 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 Quality and Reliability and its competitors. Quality and Reliability's current Enterprise Value is €50.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality and Reliability stock overvalued right now?
Based on GuruFocus' analysis, Quality and Reliability (ATH:QUAL) is currently considered Possible Value Trap. The stock's GF Value™ is €2.06, compared to a current price of €1.30 — trading 36.7% below its estimated fair value. The current Enterprise Value is €50.60 Mil. Quality and Reliability's overall GF Score™ is 77/100 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 Quality and Reliability (ATH:QUAL), the current Enterprise Value is €50.60 Mil as of Aug. 12, 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 Quality and Reliability (ATH:QUAL) Overvalued in 2026?
Based on GuruFocus' analysis, Quality and Reliability stock appears to be undervalued.
The current stock price of €1.30 is trading 36.7% below its estimated GF Value™ of €2.06.
GuruFocus considers Quality and Reliability to be Possible Value Trap.
Key valuation signals for ATH:QUAL:
Enterprise Value: €50.60 Mil
GF Value™: €2.06 vs. price of €1.30 (36.7% below fair value)
No single metric tells the full story. See the ATH:QUAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quality and Reliability SA is engaged in software development and in the provision of integration services for information systems. The company delivers complex Integrated Information Systems for large and mid-size enterprises in the public and private sectors, cutting-edge technology solutions for Financial Institutions, Enterprise web Portals, white label e-Bookstore platforms & label e-commerce solutions, cross-platform Mobile Applications and multi-platform eBook interactive educational authoring tools.
77GF Score
Get the complete analysis for ATH:QUAL
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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