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, Talanx AG's Enterprise Value is €38,898 Mil.
Talanx AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €5,765 Mil. Therefore, Talanx AG's EV-to-EBIT ratio for today is 6.75.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Talanx AG's Enterprise Value is €38,898 Mil.
Talanx AG's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €5,765 Mil. Therefore, Talanx AG's EV-to-EBITDA ratio for today is 6.75.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Talanx AG's Enterprise Value is €38,898 Mil.
Talanx AG's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €48,013 Mil. Therefore, Talanx AG's EV-to-Revenue ratio for today is 0.81.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Talanx AG's Enterprise Value is €38,898 Mil.
Talanx AG's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €0 Mil. Therefore, Talanx AG's EV-to-FCF ratio for today is .
*** 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.
Talanx AG (CHIX:TLXd) 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.
Talanx AG's current Enterprise Value is €38,898 Mil.
Talanx AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €5,765 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Talanx AG's current Enterprise Value is €38,898 Mil.
Talanx AG's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €5,765 Mil.
Talanx AG's current Enterprise Value is €38,898 Mil.
Talanx AG's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €48,013 Mil.
Talanx AG's current Enterprise Value is €38,898 Mil.
Talanx AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.
Talanx AG's current Enterprise Value is €38,898 Mil.
Talanx AG's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €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.
Talanx AG Enterprise Value Related Terms
Talanx AG Enterprise Value Historical Data
* Premium members only.
The historical data trend for Talanx AG'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.
CHIX:TLXD vs BRK.A, AIG, HIG: Enterprise Value Comparison
For the Insurance - Diversified subindustry, Talanx AG'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.
Talanx AG Enterprise Value vs Insurance Industry
For the Insurance industry and Financial Services sector, Talanx AG's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Talanx AG'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.
Talanx AG'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.
Talanx AG (CHIX:TLXD) has a Enterprise Value of €38,898 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Talanx AG and its competitors.
Is Talanx AG's Enterprise Value too high?
Talanx AG's current Enterprise Value is €38,898 Mil. Overall, Talanx AG has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Talanx AG's Enterprise Value compare to BRK.A and AIG?
Talanx AG's Enterprise Value of €38,898 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Enterprise Value depends on the Insurance 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 Talanx AG and its competitors. Talanx AG's current Enterprise Value is €38,898 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talanx AG stock overvalued right now?
Based on GuruFocus' analysis, Talanx AG (CHIX:TLXD) is currently considered Fairly Valued. The stock's GF Value™ is €98.01, compared to a current price of €103.70 — trading 5.8% above its estimated fair value. The current Enterprise Value is €38,898 Mil. Talanx AG's overall GF Score™ is 77/100 with 2 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 Talanx AG (CHIX:TLXD), the current Enterprise Value is €38,898 Mil as of Jun. 28, 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 Talanx AG (CHIX:TLXD) Overvalued in 2026?
Based on GuruFocus' analysis, Talanx AG stock appears to be overvalued.
The current stock price of €103.70 is trading 5.8% above its estimated GF Value™ of €98.01.
GuruFocus considers Talanx AG to be Fairly Valued.
Key valuation signals for CHIX:TLXD:
Enterprise Value: €38,898 Mil
GF Value™: €98.01 vs. price of €103.70 (5.8% above fair value)
No single metric tells the full story. See the CHIX:TLXD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Talanx is the third largest insurer in Germany. It sells insurance to businesses, individuals, and reinsures other insurers. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry as a result of a growing dissatisfaction with providers of insurance. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual. HDI started providing reinsurance services in the mid-1920s, and individual insurance in the 1950s. HDI owns just over three-quarters of the Talanx share capital.
77GF Score
Get the complete analysis for CHIX:TLXD
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:TLXD has been successfully added to your 
