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.
China Merchants Commercial REIT (FRA:5C3) 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.
China Merchants Commercial REIT's EV-to-EBIT for today is
China Merchants Commercial REIT's current Enterprise Value is €697.39 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Commercial REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.52 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
China Merchants Commercial REIT's EV-to-EBITDA for today is:
China Merchants Commercial REIT's current Enterprise Value is €697.39 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Commercial REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.51 Mil.
China Merchants Commercial REIT's current Enterprise Value is €697.39 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Commercial REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €52.30 Mil.
China Merchants Commercial REIT's current Enterprise Value is €697.39 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Commercial REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €23.80 Mil.
China Merchants Commercial REIT's current Enterprise Value is €697.39 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Commercial REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €23.80 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.
China Merchants Commercial REIT Enterprise Value Related Terms
China Merchants Commercial REIT 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.
China Merchants Commercial REIT Enterprise Value Chart
FRA:5C3 vs BXP, ARE, VNO: Enterprise Value Comparison
For the REIT - Office subindustry, China Merchants Commercial REIT'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.
China Merchants Commercial REIT Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, China Merchants Commercial REIT's Enterprise Value distribution charts can be found below:
* The bar in red indicates where China Merchants Commercial REIT's Enterprise Value falls into.
China Merchants Commercial REIT 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.
China Merchants Commercial REIT (FRA:5C3) has a Enterprise Value of €697.39 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on China Merchants Commercial REIT and its competitors.
Is China Merchants Commercial REIT's Enterprise Value too high?
China Merchants Commercial REIT's current Enterprise Value is €697.39 Mil. Overall, China Merchants Commercial REIT has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does China Merchants Commercial REIT's Enterprise Value compare to BXP and ARE?
China Merchants Commercial REIT's Enterprise Value of €697.39 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 China Merchants Commercial REIT and its competitors. China Merchants Commercial REIT's current Enterprise Value is €697.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants Commercial REIT stock overvalued right now?
China Merchants Commercial REIT (FRA:5C3) has a current Enterprise Value of €697.39 Mil. The stock's GF Value™ is €0.11, compared to a current price of €0.10 — trading 7.3% below its estimated fair value. The current Enterprise Value is €697.39 Mil. China Merchants Commercial REIT's overall GF Score™ is 70/100 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 China Merchants Commercial REIT (FRA:5C3), the current Enterprise Value is €697.39 Mil as of Jul. 03, 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 China Merchants Commercial REIT (FRA:5C3) Overvalued in 2026?
Based on GuruFocus' analysis, China Merchants Commercial REIT stock appears to be undervalued.
The current stock price of €0.10 is trading 7.3% below its estimated GF Value™ of €0.11.
Key valuation signals for FRA:5C3:
Enterprise Value: €697.39 Mil
GF Value™: €0.11 vs. price of €0.10 (7.3% below fair value)
No single metric tells the full story. See the FRA:5C3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Merchants Commercial REIT Business Description
China Merchants Commercial REIT and its subsidiaries are engaged in the property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre ,Onward Science And Trade Center and Technology Building 2 among others.
70GF Score
Get the complete analysis for FRA:5C3
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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