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.
Industrial & Infrastructure Fund Investment (FRA:2ES) 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.
Industrial & Infrastructure Fund Investment's EV-to-EBIT for today is
Industrial & Infrastructure Fund Investment's current Enterprise Value is €3,475.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Industrial & Infrastructure Fund Investment's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was €127.0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Industrial & Infrastructure Fund Investment's EV-to-EBITDA for today is:
Industrial & Infrastructure Fund Investment's current Enterprise Value is €3,475.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Industrial & Infrastructure Fund Investment's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was €157.5 Mil.
Industrial & Infrastructure Fund Investment's current Enterprise Value is €3,475.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Industrial & Infrastructure Fund Investment's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was €262.7 Mil.
Industrial & Infrastructure Fund Investment's current Enterprise Value is €3,475.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Industrial & Infrastructure Fund Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was €191.6 Mil.
Industrial & Infrastructure Fund Investment's current Enterprise Value is €3,475.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Industrial & Infrastructure Fund Investment's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was €51.4 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.
Industrial & Infrastructure Fund Investment Enterprise Value Related Terms
Industrial & Infrastructure Fund Investment 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.
Industrial & Infrastructure Fund Investment Enterprise Value Chart
Industrial & Infrastructure Fund Investment Annual Data
FRA:2ES vs PLD, PSA, EXR: Enterprise Value Comparison
For the REIT - Industrial subindustry, Industrial & Infrastructure Fund Investment'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.
Industrial & Infrastructure Fund Investment Enterprise Value vs REITs Industry
Industrial & Infrastructure Fund Investment 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.
What does a Enterprise Value of €3,475.6 Mil mean?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a Enterprise Value of €3,475.6 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Industrial & Infrastructure Fund Investment and its competitors.
Is Industrial & Infrastructure Fund Investment's Enterprise Value too high?
Industrial & Infrastructure Fund Investment's current Enterprise Value is €3,475.6 Mil. Overall, Industrial & Infrastructure Fund Investment has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Industrial & Infrastructure Fund Investment's Enterprise Value compare to PLD and PSA?
Industrial & Infrastructure Fund Investment's Enterprise Value of €3,475.6 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 Industrial & Infrastructure Fund Investment and its competitors. Industrial & Infrastructure Fund Investment's current Enterprise Value is €3,475.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial & Infrastructure Fund Investment stock overvalued right now?
Industrial & Infrastructure Fund Investment (FRA:2ES) has a current Enterprise Value of €3,475.6 Mil. The stock's GF Value™ is €754.11, compared to a current price of €775.00 — trading 2.8% above its estimated fair value. The current Enterprise Value is €3,475.6 Mil. Industrial & Infrastructure Fund Investment's overall GF Score™ is 77/100 with 11 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 Industrial & Infrastructure Fund Investment (FRA:2ES), the current Enterprise Value is €3,475.6 Mil as of Jun. 27, 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 Industrial & Infrastructure Fund Investment (FRA:2ES) Overvalued in 2026?
Based on GuruFocus' analysis, Industrial & Infrastructure Fund Investment stock appears to be overvalued.
The current stock price of €775.00 is trading 2.8% above its estimated GF Value™ of €754.11.
Key valuation signals for FRA:2ES:
Enterprise Value: €3,475.6 Mil
GF Value™: €754.11 vs. price of €775.00 (2.8% above fair value)
No single metric tells the full story. See the FRA:2ES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrial & Infrastructure Fund Investment Business Description
Industrial & Infrastructure Fund Investment Corp operates as a J-REIT specializing in industrial properties. The company focuses on industrial properties including logistic facilities, manufacturing and R&D facilities, and infrastructures.
77GF Score
Get the complete analysis for FRA:2ES
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
FRA:2ES has been successfully added to your 
