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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.
Horizon Construction Development (FRA:B7H) 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.
Horizon Construction Development's EV-to-EBIT for today is
Horizon Construction Development's current Enterprise Value is €2,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Horizon Construction Development's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €116 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Horizon Construction Development's EV-to-EBITDA for today is:
Horizon Construction Development's current Enterprise Value is €2,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Horizon Construction Development's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €505 Mil.
Horizon Construction Development's current Enterprise Value is €2,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Horizon Construction Development's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was €1,123 Mil.
Horizon Construction Development's current Enterprise Value is €2,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Horizon Construction Development's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €448 Mil.
Horizon Construction Development's current Enterprise Value is €2,689 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Horizon Construction Development's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €184 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.
Horizon Construction Development Enterprise Value Related Terms
Horizon Construction Development 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.
Horizon Construction Development Enterprise Value Chart
FRA:B7H vs URI, SUNB, AER: Enterprise Value Comparison
For the Rental & Leasing Services subindustry, Horizon Construction Development'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.
Horizon Construction Development Enterprise Value vs Business Services Industry
For the Business Services industry and Industrials sector, Horizon Construction Development's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Horizon Construction Development's Enterprise Value falls into.
Horizon Construction Development 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.
Horizon Construction Development (FRA:B7H) has a Enterprise Value of €2,689 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 Horizon Construction Development and its competitors.
Is Horizon Construction Development's Enterprise Value too high?
Horizon Construction Development's current Enterprise Value is €2,689 Mil. Overall, Horizon Construction Development has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Construction Development's Enterprise Value compare to URI and SUNB?
Horizon Construction Development's Enterprise Value of €2,689 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Enterprise Value depends on the Business Services 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 Horizon Construction Development and its competitors. Horizon Construction Development's current Enterprise Value is €2,689 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Construction Development stock overvalued right now?
Horizon Construction Development (FRA:B7H) has a current Enterprise Value of €2,689 Mil. The stock's GF Value™ is €0.10, compared to a current price of €0.06 — trading 41.5% below its estimated fair value. The current Enterprise Value is €2,689 Mil. Horizon Construction Development's overall GF Score™ is 82/100 with 9 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 Horizon Construction Development (FRA:B7H), the current Enterprise Value is €2,689 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 Horizon Construction Development (FRA:B7H) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Construction Development stock appears to be undervalued.
The current stock price of €0.06 is trading 41.5% below its estimated GF Value™ of €0.10.
Key valuation signals for FRA:B7H:
Enterprise Value: €2,689 Mil
GF Value™: €0.10 vs. price of €0.06 (41.5% below fair value)
No single metric tells the full story. See the FRA:B7H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment that includes aerial work platform, neo-excavation support system, neo-formwork system and other equipment.
82GF Score
Get the complete analysis for FRA:B7H
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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