Cemat AS (FRA:1X9) Enterprise Value: €29.43 Mil (As of Jul. 21, 2026) ***

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FRA:1X9 Cemat AS FRA:1X9
71 GF Score
Price €0.09
GF Value €0.55
Valuation Possible Value Trap
! 2 Warning Signs
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What is Cemat AS Enterprise Value?

Cemat AS FRA:1X9 -1.68% 71 Enterprise Value is €29.43 Mil as of Jul. 21, 2026. GuruFocus rates FRA:1X9 with a GF Score™ of 71/100 and a GF Value™ of €0.55 (Possible Value Trap). The stock has 2 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, Cemat AS's Enterprise Value is €29.43 Mil. Cemat AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €11.54 Mil. Therefore, Cemat AS's EV-to-EBIT ratio for today is 2.55.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Cemat AS's Enterprise Value is €29.43 Mil. Cemat AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €11.55 Mil. Therefore, Cemat AS's EV-to-EBITDA ratio for today is 2.55.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Cemat AS's Enterprise Value is €29.43 Mil. Cemat AS's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €22.05 Mil. Therefore, Cemat AS's EV-to-Revenue ratio for today is 1.33.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Cemat AS's Enterprise Value is €29.43 Mil. Cemat AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €7.04 Mil. Therefore, Cemat AS's EV-to-OCF ratio for today is 4.18.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Cemat AS's Enterprise Value is €29.43 Mil. Cemat AS's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €6.58 Mil. Therefore, Cemat AS's EV-to-FCF ratio for today is 4.47.

*** 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.


Cemat AS  (FRA:1X9) 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.

Cemat AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=29.428/11.538
=2.55

Cemat AS's current Enterprise Value is €29.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Cemat AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €11.54 Mil.

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

Cemat AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=29.428/11.547
=2.55

Cemat AS's current Enterprise Value is €29.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Cemat AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €11.55 Mil.

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

Cemat AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=29.428/22.049
=1.33

Cemat AS's current Enterprise Value is €29.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Cemat AS's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €22.05 Mil.

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

Cemat AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=29.428/7.039
=4.18

Cemat AS's current Enterprise Value is €29.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Cemat AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €7.04 Mil.

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

Cemat AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=29.428/6.582
=4.47

Cemat AS's current Enterprise Value is €29.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Cemat AS's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €6.58 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.


Cemat AS Enterprise Value Related Terms


Cemat AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for Cemat AS'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.

Cemat AS Enterprise Value Chart

Cemat AS 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 34.69 20.98 32.14 37.03 25.89

Cemat AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 32.14 34.28 37.03 33.68 25.89

FRA:1X9 vs CBRE, BEKE, JLL: Enterprise Value Comparison

For the Real Estate Services subindustry, Cemat AS'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.


Cemat AS Enterprise Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Cemat AS's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Cemat AS's Enterprise Value falls into.


FRA:1X9
71GF Score
Cemat AS FRA:1X9
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cemat AS 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.

Cemat AS's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Cemat AS's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €29.43 Mil mean?
Cemat AS (FRA:1X9) has a Enterprise Value of €29.43 Mil as of Jul. 21, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Cemat AS and its competitors.
Is Cemat AS's Enterprise Value too high?
Cemat AS's current Enterprise Value is €29.43 Mil. Overall, Cemat AS has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cemat AS's Enterprise Value compare to CBRE and BEKE?
Cemat AS's Enterprise Value of €29.43 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Enterprise Value depends on the Real Estate 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 Cemat AS and its competitors. Cemat AS's current Enterprise Value is €29.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemat AS stock overvalued right now?
Based on GuruFocus' analysis, Cemat AS (FRA:1X9) is currently considered Possible Value Trap. The stock's GF Value™ is €0.55, compared to a current price of €0.09 — trading 82.9% below its estimated fair value. The current Enterprise Value is €29.43 Mil. Cemat AS's overall GF Score™ is 71/100 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 Cemat AS (FRA:1X9), the current Enterprise Value is €29.43 Mil as of Jul. 21, 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 Cemat AS (FRA:1X9) Overvalued in 2026?

Based on GuruFocus' analysis, Cemat AS stock appears to be undervalued. The current stock price of €0.09 is trading 82.9% below its estimated GF Value™ of €0.55. GuruFocus considers Cemat AS to be Possible Value Trap.

Key valuation signals for FRA:1X9:

  • Enterprise Value: €29.43 Mil
  • GF Value™: €0.55 vs. price of €0.09 (82.9% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the FRA:1X9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cemat AS Business Description

Other Exchanges CEMAT:Denmark
Address c/o DLA Piper Denmark Law Firm P/S, Oslo Plads 2, Copenhagen V, DNK, 2100
Cemat AS is a Denmark-based holding company that engages in the real estate business. The Group comprises two segments that is Property management division comprising letting of premises and land and the provision of utilities to tenants, including power, water, natural gas, facility services, etc. and the other is Property development including the preparation and implementation of development projects, in the field of housing and commercial space. The company derives maximum revenue from Property Management & Holding Segment.
71GF Score

Get the complete analysis for FRA:1X9

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

€0.09
Price
€0.55
GF Value