Bulgarian Stock Exchange AD (FRA:0KP) Enterprise Value: €55.58 Mil (As of Jul. 30, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:0KP Bulgarian Stock Exchange AD FRA:0KP
59 GF Score
Price €7.00
GF Value €9.93
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Bulgarian Stock Exchange AD Enterprise Value?

Bulgarian Stock Exchange AD FRA:0KP 59 Enterprise Value is €55.58 Mil as of Jul. 30, 2026. GuruFocus rates FRA:0KP with a GF Score™ of 59/100 and a GF Value™ of €9.93 (Possible Value Trap). The stock has 7 warning signs investors should review.

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, Bulgarian Stock Exchange AD's Enterprise Value is €55.58 Mil. Bulgarian Stock Exchange AD's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €7.86 Mil. Therefore, Bulgarian Stock Exchange AD's EV-to-EBIT ratio for today is 7.07.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Bulgarian Stock Exchange AD's Enterprise Value is €55.58 Mil. Bulgarian Stock Exchange AD's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €8.31 Mil. Therefore, Bulgarian Stock Exchange AD's EV-to-EBITDA ratio for today is 6.69.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Bulgarian Stock Exchange AD's Enterprise Value is €55.58 Mil. Bulgarian Stock Exchange AD's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €12.08 Mil. Therefore, Bulgarian Stock Exchange AD's EV-to-Revenue ratio for today is 4.60.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Bulgarian Stock Exchange AD's Enterprise Value is €55.58 Mil. Bulgarian Stock Exchange AD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €-279.22 Mil. Therefore, Bulgarian Stock Exchange AD's EV-to-OCF ratio for today is -0.20.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Bulgarian Stock Exchange AD's Enterprise Value is €55.58 Mil. Bulgarian Stock Exchange AD's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-279.34 Mil. Therefore, Bulgarian Stock Exchange AD's EV-to-FCF ratio for today is -0.20.

*** 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.


Bulgarian Stock Exchange AD  (FRA:0KP) 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.

Bulgarian Stock Exchange AD's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=55.575/7.862
=7.07

Bulgarian Stock Exchange AD's current Enterprise Value is €55.58 Mil.
Bulgarian Stock Exchange AD'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 €7.86 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Bulgarian Stock Exchange AD's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=55.575/8.308
=6.69

Bulgarian Stock Exchange AD's current Enterprise Value is €55.58 Mil.
Bulgarian Stock Exchange AD'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 €8.31 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Bulgarian Stock Exchange AD's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=55.575/12.076
=4.60

Bulgarian Stock Exchange AD's current Enterprise Value is €55.58 Mil.
Bulgarian Stock Exchange AD'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 €12.08 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Bulgarian Stock Exchange AD's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=55.575/-279.224
=-0.20

Bulgarian Stock Exchange AD's current Enterprise Value is €55.58 Mil.
Bulgarian Stock Exchange AD'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 €-279.22 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Bulgarian Stock Exchange AD's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=55.575/-279.336
=-0.20

Bulgarian Stock Exchange AD's current Enterprise Value is €55.58 Mil.
Bulgarian Stock Exchange AD'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 €-279.34 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.


Bulgarian Stock Exchange AD Enterprise Value Related Terms


Bulgarian Stock Exchange AD Enterprise Value Historical Data

* Premium members only.

The historical data trend for Bulgarian Stock Exchange AD'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.

Bulgarian Stock Exchange AD Enterprise Value Chart

Bulgarian Stock Exchange AD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Bulgarian Stock Exchange AD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 71.77

FRA:0KP vs SPGI, CME, ICE: Enterprise Value Comparison

For the Financial Data & Stock Exchanges subindustry, Bulgarian Stock Exchange AD'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.


Bulgarian Stock Exchange AD Enterprise Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bulgarian Stock Exchange AD's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Bulgarian Stock Exchange AD's Enterprise Value falls into.


FRA:0KP
59GF Score
Bulgarian Stock Exchange AD FRA:0KP
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bulgarian Stock Exchange AD 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.

Bulgarian Stock Exchange AD's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Bulgarian Stock Exchange AD's Enterprise Value for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €55.58 Mil mean?
Bulgarian Stock Exchange AD (FRA:0KP) has a Enterprise Value of €55.58 Mil as of Jul. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Bulgarian Stock Exchange AD and its competitors.
Is Bulgarian Stock Exchange AD's Enterprise Value too high?
Bulgarian Stock Exchange AD's current Enterprise Value is €55.58 Mil. Overall, Bulgarian Stock Exchange AD has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Stock Exchange AD's Enterprise Value compare to SPGI and CME?
Bulgarian Stock Exchange AD's Enterprise Value of €55.58 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Enterprise Value depends on the Capital Markets 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 Bulgarian Stock Exchange AD and its competitors. Bulgarian Stock Exchange AD's current Enterprise Value is €55.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Stock Exchange AD stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Stock Exchange AD (FRA:0KP) is currently considered Possible Value Trap. The stock's GF Value™ is €9.93, compared to a current price of €7.00 — trading 29.5% below its estimated fair value. The current Enterprise Value is €55.58 Mil. Bulgarian Stock Exchange AD's overall GF Score™ is 59/100 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 Bulgarian Stock Exchange AD (FRA:0KP), the current Enterprise Value is €55.58 Mil as of Jul. 30, 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 Bulgarian Stock Exchange AD (FRA:0KP) Overvalued in 2026?

Based on GuruFocus' analysis, Bulgarian Stock Exchange AD stock appears to be undervalued. The current stock price of €7.00 is trading 29.5% below its estimated GF Value™ of €9.93. GuruFocus considers Bulgarian Stock Exchange AD to be Possible Value Trap.

Key valuation signals for FRA:0KP:

  • Enterprise Value: €55.58 Mil
  • GF Value™: €9.93 vs. price of €7.00 (29.5% below fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the FRA:0KP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bulgarian Stock Exchange AD Business Description

Other Exchanges BSE:Bulgaria
Address 6 Tri ushi Street, Sofia, BGR, 1301
Bulgarian Stock Exchange AD is functioning stock exchange in Bulgaria. The principal activity of the group is to organize trade in securities and other financial instruments; organize and maintain an information system for security deals; and establish and maintain a clearing system. It has aggregated its operations into three reportable segments - Trading in Financial Instruments, Information Services, and Registration of Issues for Trading. It offers a wide range of RSS information services to serve the corporate clients, such as data-vendors, investment intermediaries, and issuers. The group performs their activities in Bulgaria only.
59GF Score

Get the complete analysis for FRA:0KP

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.00
Price
€9.93
GF Value