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, Derwent London's Enterprise Value is €4,227.0 Mil.
Derwent London's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €240.8 Mil. Therefore, Derwent London's EV-to-EBIT ratio for today is 17.56.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Derwent London's Enterprise Value is €4,227.0 Mil.
Derwent London's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €241.7 Mil. Therefore, Derwent London's EV-to-EBITDA ratio for today is 17.49.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Derwent London's Enterprise Value is €4,227.0 Mil.
Derwent London's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €448.1 Mil. Therefore, Derwent London's EV-to-Revenue ratio for today is 9.43.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Derwent London's Enterprise Value is €4,227.0 Mil.
Derwent London's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €78.2 Mil. Therefore, Derwent London's EV-to-FCF ratio for today is 54.06.
*** 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.
Derwent London (FRA:DVK) 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.
Derwent London's current Enterprise Value is €4,227.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Derwent London's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €240.8 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Derwent London's current Enterprise Value is €4,227.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Derwent London's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €241.7 Mil.
Derwent London's current Enterprise Value is €4,227.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Derwent London's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €448.1 Mil.
Derwent London's current Enterprise Value is €4,227.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Derwent London's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €262.6 Mil.
Derwent London's current Enterprise Value is €4,227.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Derwent London's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €78.2 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.
Derwent London Enterprise Value Related Terms
Derwent London Enterprise Value Historical Data
* Premium members only.
The historical data trend for Derwent London'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.
FRA:DVK vs BXP, ARE, VNO: Enterprise Value Comparison
For the REIT - Office subindustry, Derwent London'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.
Derwent London Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Derwent London's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Derwent London's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Derwent London's Enterprise Value for the fiscal year 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.
What does a Enterprise Value of €4,227.0 Mil mean?
Derwent London (FRA:DVK) has a Enterprise Value of €4,227.0 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Derwent London and its competitors.
Is Derwent London's Enterprise Value too high?
Derwent London's current Enterprise Value is €4,227.0 Mil. Overall, Derwent London has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Derwent London's Enterprise Value compare to BXP and ARE?
Derwent London's Enterprise Value of €4,227.0 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 Derwent London and its competitors. Derwent London's current Enterprise Value is €4,227.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Derwent London stock overvalued right now?
Based on GuruFocus' analysis, Derwent London (FRA:DVK) is currently considered Modestly Undervalued. The stock's GF Value™ is €27.25, compared to a current price of €22.80 — trading 16.3% below its estimated fair value. The current Enterprise Value is €4,227.0 Mil. Derwent London's overall GF Score™ is 66/100 with 10 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 Derwent London (FRA:DVK), the current Enterprise Value is €4,227.0 Mil as of Jul. 05, 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 Derwent London (FRA:DVK) Overvalued in 2026?
Based on GuruFocus' analysis, Derwent London stock appears to be undervalued.
The current stock price of €22.80 is trading 16.3% below its estimated GF Value™ of €27.25.
GuruFocus considers Derwent London to be Modestly Undervalued.
Key valuation signals for FRA:DVK:
Enterprise Value: €4,227.0 Mil
GF Value™: €27.25 vs. price of €22.80 (16.3% below fair value)
No single metric tells the full story. See the FRA:DVK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Derwent London PLC is London's inventive office specialist property regenerators and investors and is well known for its design-led philosophy and creative management approach to development. Its appealing designs attract a range of tenants, including those from creative industries. The group has been a Real Estate Investment Trust (REIT) principally property investors with tax-exempt property rental businesses, but remain subject to corporation tax on nonexempt income and gains The Group owns and manages an investment portfolio of approximately 5.4 million sq ft, of which 98% is located in central London, with a specific focus on the West End and the areas bordering the City of London.
66GF Score
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