Acacia Research (FRA:AZG2) Enterprise Value: €204.7 Mil (As of Aug. 26, 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:AZG2 Acacia Research Corp FRA:AZG2
64 GF Score
Price €3.78
GF Value €6.25
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Acacia Research Enterprise Value?

Acacia Research FRA:AZG2 64 Enterprise Value is €204.7 Mil as of Aug. 26, 2026. GuruFocus rates FRA:AZG2 with a GF Score™ of 64/100 and a GF Value™ of €6.25 (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, Acacia Research's Enterprise Value is €204.7 Mil. Acacia Research's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €-16.9 Mil. Therefore, Acacia Research's EV-to-EBIT ratio for today is -12.12.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Acacia Research's Enterprise Value is €204.7 Mil. Acacia Research's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €14.3 Mil. Therefore, Acacia Research's EV-to-EBITDA ratio for today is 14.30.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Acacia Research's Enterprise Value is €204.7 Mil. Acacia Research's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was €239.8 Mil. Therefore, Acacia Research's EV-to-Revenue ratio for today is 0.85.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Acacia Research's Enterprise Value is €204.7 Mil. Acacia Research's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €25.7 Mil. Therefore, Acacia Research's EV-to-OCF ratio for today is 7.97.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Acacia Research's Enterprise Value is €204.7 Mil. Acacia Research's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €0.6 Mil. Therefore, Acacia Research's EV-to-FCF ratio for today is 324.43.

*** 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.


Acacia Research  (FRA:AZG2) 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.

Acacia Research's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=204.718/-16.884
=-12.12

Acacia Research's current Enterprise Value is €204.7 Mil.
Acacia Research's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-16.9 Mil.

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

Acacia Research's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=204.718/14.318
=14.30

Acacia Research's current Enterprise Value is €204.7 Mil.
Acacia Research's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €14.3 Mil.

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

Acacia Research's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=204.718/239.813
=0.85

Acacia Research's current Enterprise Value is €204.7 Mil.
Acacia Research's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €239.8 Mil.

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

Acacia Research's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=204.718/25.697
=7.97

Acacia Research's current Enterprise Value is €204.7 Mil.
Acacia Research's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €25.7 Mil.

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

Acacia Research's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=204.718/0.631
=324.43

Acacia Research's current Enterprise Value is €204.7 Mil.
Acacia Research's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.6 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.


Acacia Research Enterprise Value Related Terms


Acacia Research Enterprise Value Historical Data

* Premium members only.

The historical data trend for Acacia Research'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.

Acacia Research Enterprise Value Chart

Acacia Research 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 -234.65 -124.20 -19.81 229.88 114.81

Acacia Research Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 106.28 73.18 114.81 212.62 216.49

FRA:AZG2 vs ACCO, EBF, XRX: Enterprise Value Comparison

For the Business Equipment & Supplies subindustry, Acacia Research'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.


Acacia Research Enterprise Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Acacia Research's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Acacia Research's Enterprise Value falls into.


FRA:AZG2
64GF Score
Acacia Research Corp FRA:AZG2
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acacia Research 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.

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

Acacia Research's Enterprise Value for the quarter that ended in Jun. 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 €204.7 Mil mean?
Acacia Research (FRA:AZG2) has a Enterprise Value of €204.7 Mil as of Aug. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Acacia Research and its competitors.
Is Acacia Research's Enterprise Value too high?
Acacia Research's current Enterprise Value is €204.7 Mil. Overall, Acacia Research has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Acacia Research's Enterprise Value compare to ACCO and EBF?
Acacia Research's Enterprise Value of €204.7 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Enterprise Value depends on the Industrial Products 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 Acacia Research and its competitors. Acacia Research's current Enterprise Value is €204.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acacia Research stock overvalued right now?
Based on GuruFocus' analysis, Acacia Research (FRA:AZG2) is currently considered Possible Value Trap. The stock's GF Value™ is €6.25, compared to a current price of €3.78 — trading 39.5% below its estimated fair value. The current Enterprise Value is €204.7 Mil. Acacia Research's overall GF Score™ is 64/100 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 Acacia Research (FRA:AZG2), the current Enterprise Value is €204.7 Mil as of Aug. 26, 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 Acacia Research (FRA:AZG2) Overvalued in 2026?

Based on GuruFocus' analysis, Acacia Research stock appears to be undervalued. The current stock price of €3.78 is trading 39.5% below its estimated GF Value™ of €6.25. GuruFocus considers Acacia Research to be Possible Value Trap.

Key valuation signals for FRA:AZG2:

  • Enterprise Value: €204.7 Mil
  • GF Value™: €6.25 vs. price of €3.78 (39.5% below fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the FRA:AZG2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acacia Research Business Description

Other Exchanges ACTG:USAAZG2:Germany
Address 777 Third Avenue, 26th Floor, New York, NY, USA, 10017
Acacia Research Corp is focused on acquiring and operating businesses across the industrial, energy, and technology sectors where it believes it can leverage its expertise, capital base, and deep industry relationships to drive value. The company has four reportable business segments: Intellectual Property Operations, Industrial Operations, Energy Operations, and Manufacturing Operations. It derives revenue from the Intellectual Property Operations segment. Geographically, it operates in the Americas, Europe, the Middle East and Africa, China, India, and Asia-Pacific.
64GF Score

Get the complete analysis for FRA:AZG2

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

€3.78
Price
€6.25
GF Value