Maat Pharma (FRA:4RD) Enterprise Value: €41.72 Mil (As of Jul. 25, 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:4RD Maat Pharma SA FRA:4RD
27 GF Score
Price €2.71
GF Value €10.64
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Maat Pharma Enterprise Value?

Maat Pharma FRA:4RD +2.07% 27 Enterprise Value is €41.72 Mil as of Jul. 25, 2026. GuruFocus rates FRA:4RD with a GF Score™ of 27/100 and a GF Value™ of €10.64 (Possible Value Trap). The stock has 3 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, Maat Pharma's Enterprise Value is €41.72 Mil. Maat Pharma's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-29.80 Mil. Therefore, Maat Pharma's EV-to-EBIT ratio for today is -1.40.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Maat Pharma's Enterprise Value is €41.72 Mil. Maat Pharma's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-28.07 Mil. Therefore, Maat Pharma's EV-to-EBITDA ratio for today is -1.49.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Maat Pharma's Enterprise Value is €41.72 Mil. Maat Pharma's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €4.52 Mil. Therefore, Maat Pharma's EV-to-Revenue ratio for today is 9.22.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Maat Pharma's Enterprise Value is €41.72 Mil. Maat Pharma's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €-15.72 Mil. Therefore, Maat Pharma's EV-to-OCF ratio for today is -2.65.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Maat Pharma's Enterprise Value is €41.72 Mil. Maat Pharma's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-16.33 Mil. Therefore, Maat Pharma's EV-to-FCF ratio for today is -2.56.

*** 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.


Maat Pharma  (FRA:4RD) 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.

Maat Pharma's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=41.721/-29.8
=-1.40

Maat Pharma's current Enterprise Value is €41.72 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Maat Pharma's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-29.80 Mil.

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

Maat Pharma's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=41.721/-28.065
=-1.49

Maat Pharma's current Enterprise Value is €41.72 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Maat Pharma's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-28.07 Mil.

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

Maat Pharma's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=41.721/4.524
=9.22

Maat Pharma's current Enterprise Value is €41.72 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Maat Pharma's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €4.52 Mil.

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

Maat Pharma's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=41.721/-15.718
=-2.65

Maat Pharma's current Enterprise Value is €41.72 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Maat Pharma's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €-15.72 Mil.

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

Maat Pharma's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=41.721/-16.326
=-2.56

Maat Pharma's current Enterprise Value is €41.72 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Maat Pharma's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-16.33 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.


Maat Pharma Enterprise Value Related Terms


Maat Pharma Enterprise Value Historical Data

* Premium members only.

The historical data trend for Maat Pharma'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.

Maat Pharma Enterprise Value Chart

Maat Pharma Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 93.96 54.77 63.80 112.92 79.65

Maat Pharma Semi-Annual Data
Dec18 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 63.80 79.25 112.92 76.79 79.65

FRA:4RD vs VRTX, REGN, ALNY: Enterprise Value Comparison

For the Biotechnology subindustry, Maat Pharma'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.


Maat Pharma Enterprise Value vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Maat Pharma's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Maat Pharma's Enterprise Value falls into.


FRA:4RD
27GF Score
Maat Pharma SA FRA:4RD
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maat Pharma 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.

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

Maat Pharma'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 €41.72 Mil mean?
Maat Pharma (FRA:4RD) has a Enterprise Value of €41.72 Mil as of Jul. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Maat Pharma and its competitors.
Is Maat Pharma's Enterprise Value too high?
Maat Pharma's current Enterprise Value is €41.72 Mil. Overall, Maat Pharma has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maat Pharma's Enterprise Value compare to VRTX and REGN?
Maat Pharma's Enterprise Value of €41.72 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Enterprise Value depends on the Biotechnology 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 Maat Pharma and its competitors. Maat Pharma's current Enterprise Value is €41.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maat Pharma stock overvalued right now?
Based on GuruFocus' analysis, Maat Pharma (FRA:4RD) is currently considered Possible Value Trap. The stock's GF Value™ is €10.64, compared to a current price of €2.71 — trading 74.5% below its estimated fair value. The current Enterprise Value is €41.72 Mil. Maat Pharma's overall GF Score™ is 27/100 with 3 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 Maat Pharma (FRA:4RD), the current Enterprise Value is €41.72 Mil as of Jul. 25, 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 Maat Pharma (FRA:4RD) Overvalued in 2026?

Based on GuruFocus' analysis, Maat Pharma stock appears to be undervalued. The current stock price of €2.71 is trading 74.5% below its estimated GF Value™ of €10.64. GuruFocus considers Maat Pharma to be Possible Value Trap.

Key valuation signals for FRA:4RD:

  • Enterprise Value: €41.72 Mil
  • GF Value™: €10.64 vs. price of €2.71 (74.5% below fair value)
  • GF Score™: 27/100 with 3 warning signs

No single metric tells the full story. See the FRA:4RD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maat Pharma Business Description

Other Exchanges MAAT:France
Address 70 Avenue Tony Garnier, Lyon, FRA, 69007
Maat Pharma SA is a french clinical stage biotech and a pioneer in the development of microbiome based ecosystem therapies dedicated to improving survival outcomes for patients with cancer.
27GF Score

Get the complete analysis for FRA:4RD

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

€2.71
Price
€10.64
GF Value