Empire Co (FRA:C15) Enterprise Value: €11,538 Mil (As of Jul. 16, 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:C15 Empire Co Ltd FRA:C15
76 GF Score
Price €30.00
GF Value €29.04
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Empire Co Enterprise Value?

Empire Co FRA:C15 -3.85% 76 Enterprise Value is €11,538 Mil as of Jul. 16, 2026. GuruFocus rates FRA:C15 with a GF Score™ of 76/100 and a GF Value™ of €29.04 (Fairly Valued). 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, Empire Co's Enterprise Value is €11,538 Mil. Empire Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was €389 Mil. Therefore, Empire Co's EV-to-EBIT ratio for today is 29.63.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Empire Co's Enterprise Value is €11,538 Mil. Empire Co's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was €1,114 Mil. Therefore, Empire Co's EV-to-EBITDA ratio for today is 10.36.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Empire Co's Enterprise Value is €11,538 Mil. Empire Co's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was €19,808 Mil. Therefore, Empire Co's EV-to-Revenue ratio for today is 0.58.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Empire Co's Enterprise Value is €11,538 Mil. Empire Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was €1,185 Mil. Therefore, Empire Co's EV-to-OCF ratio for today is 9.74.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Empire Co's Enterprise Value is €11,538 Mil. Empire Co's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was €669 Mil. Therefore, Empire Co's EV-to-FCF ratio for today is 17.24.

*** 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.


Empire Co  (FRA:C15) 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.

Empire Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11537.896/389.45
=29.63

Empire Co's current Enterprise Value is €11,538 Mil.
Empire Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €389 Mil.

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

Empire Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=11537.896/1113.521
=10.36

Empire Co's current Enterprise Value is €11,538 Mil.
Empire Co's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,114 Mil.

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

Empire Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=11537.896/19807.748
=0.58

Empire Co's current Enterprise Value is €11,538 Mil.
Empire Co's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €19,808 Mil.

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

Empire Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=11537.896/1184.501
=9.74

Empire Co's current Enterprise Value is €11,538 Mil.
Empire Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,185 Mil.

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

Empire Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=11537.896/669.399
=17.24

Empire Co's current Enterprise Value is €11,538 Mil.
Empire Co's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €669 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.


Empire Co Enterprise Value Related Terms


Empire Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Empire Co'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.

Empire Co Enterprise Value Chart

Empire Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,280.81 10,939.54 10,203.46 12,005.08 11,278.38

Empire Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 12,005.08 12,723.70 11,321.09 11,088.62 11,278.38

FRA:C15 vs KR, SFM, ACI: Enterprise Value Comparison

For the Grocery Stores subindustry, Empire Co'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.


Empire Co Enterprise Value vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Empire Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Empire Co's Enterprise Value falls into.


FRA:C15
76GF Score
Empire Co Ltd FRA:C15
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Empire Co 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.

Empire Co's Enterprise Value for the fiscal year that ended in Apr. 2026 is calculated as

Empire Co's Enterprise Value for the quarter that ended in Apr. 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 €11,538 Mil mean?
Empire Co (FRA:C15) has a Enterprise Value of €11,538 Mil as of Jul. 16, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Empire Co and its competitors.
Is Empire Co's Enterprise Value too high?
Empire Co's current Enterprise Value is €11,538 Mil. Overall, Empire Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Empire Co's Enterprise Value compare to KR and SFM?
Empire Co's Enterprise Value of €11,538 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Enterprise Value depends on the Retail - Defensive 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 Empire Co and its competitors. Empire Co's current Enterprise Value is €11,538 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Co stock overvalued right now?
Based on GuruFocus' analysis, Empire Co (FRA:C15) is currently considered Fairly Valued. The stock's GF Value™ is €29.04, compared to a current price of €30.00 — trading 3.3% above its estimated fair value. The current Enterprise Value is €11,538 Mil. Empire Co's overall GF Score™ is 76/100 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 Empire Co (FRA:C15), the current Enterprise Value is €11,538 Mil as of Jul. 16, 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 Empire Co (FRA:C15) Overvalued in 2026?

Based on GuruFocus' analysis, Empire Co stock appears to be overvalued. The current stock price of €30.00 is trading 3.3% above its estimated GF Value™ of €29.04. GuruFocus considers Empire Co to be Fairly Valued.

Key valuation signals for FRA:C15:

  • Enterprise Value: €11,538 Mil
  • GF Value™: €29.04 vs. price of €30.00 (3.3% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the FRA:C15 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empire Co Business Description

Other Exchanges EMLAF:USAEMP.A:Canada
Address 115 King Street, Stellarton, NS, CAN, B0K 1S0
Empire Co Ltd is a Canadian company whose key businesses are food retailing and related real estate. The Company's business operations were conducted through its two reportable segments: Food retailing and Investments and other operations. The Food retailing segment is comprised of three operating segments: Sobeys National, Farm Boy and Longo's. Food retailing consists of corporate and franchisee-owned retail food stores, and includes convenience and fuel stores, retail pharmacy stores and in-store pharmacies, as well as an e-commerce grocery-business, providing customers offerings in fresh and non-fresh grocery, fuel, pharmacy, health and beauty care and general merchandise. The Investments and other operations consists of investments in Crombie REIT, real estate partnership.
76GF Score

Get the complete analysis for FRA:C15

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

€30.00
Price
€29.04
GF Value