ViroGates AS (FRA:EP2) Enterprise Value: €11.09 Mil (As of Jun. 30, 2026) ***


FRA:EP2 ViroGates AS FRA:EP2
44 GF Score
Price €1.45
GF Value €0.90
! 2 Warning Signs
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What is ViroGates AS Enterprise Value?

ViroGates AS FRA:EP2 +2.84% 44 Enterprise Value is €11.09 Mil as of Jun. 30, 2026. GuruFocus rates FRA:EP2 with a GF Score™ of 44/100 and a GF Value™ of €0.90. The stock has 2 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, ViroGates AS's Enterprise Value is €11.09 Mil. ViroGates AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-1.41 Mil. Therefore, ViroGates AS's EV-to-EBIT ratio for today is -7.85.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, ViroGates AS's Enterprise Value is €11.09 Mil. ViroGates AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €-1.41 Mil. Therefore, ViroGates AS's EV-to-EBITDA ratio for today is -7.85.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, ViroGates AS's Enterprise Value is €11.09 Mil. ViroGates AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €1.21 Mil. Therefore, ViroGates AS's EV-to-Revenue ratio for today is 9.20.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, ViroGates AS's Enterprise Value is €11.09 Mil. ViroGates AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.92 Mil. Therefore, ViroGates AS's EV-to-OCF ratio for today is -12.04.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, ViroGates AS's Enterprise Value is €11.09 Mil. ViroGates AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.92 Mil. Therefore, ViroGates AS's EV-to-FCF ratio for today is -12.04.

*** 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.


ViroGates AS  (FRA:EP2) 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.

ViroGates AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11.092/-1.413
=-7.85

ViroGates AS's current Enterprise Value is €11.09 Mil.
ViroGates AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.41 Mil.

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

ViroGates AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=11.092/-1.413
=-7.85

ViroGates AS's current Enterprise Value is €11.09 Mil.
ViroGates AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.41 Mil.

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

ViroGates AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=11.092/1.205
=9.20

ViroGates AS's current Enterprise Value is €11.09 Mil.
ViroGates AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.21 Mil.

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

ViroGates AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=11.092/-0.921
=-12.04

ViroGates AS's current Enterprise Value is €11.09 Mil.
ViroGates AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.92 Mil.

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

ViroGates AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=11.092/-0.921
=-12.04

ViroGates AS's current Enterprise Value is €11.09 Mil.
ViroGates AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.92 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.


ViroGates AS Enterprise Value Related Terms


ViroGates AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for ViroGates AS'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.

ViroGates AS Enterprise Value Chart

ViroGates AS 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 0.00 0.00 0.00 9.48 12.00

ViroGates AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.79 6.90 9.78 12.00 10.76

FRA:EP2 vs ABT, SYK, MDT: Enterprise Value Comparison

For the Medical Devices subindustry, ViroGates AS'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.


ViroGates AS Enterprise Value vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ViroGates AS's Enterprise Value distribution charts can be found below:

* The bar in red indicates where ViroGates AS's Enterprise Value falls into.


FRA:EP2
44GF Score
ViroGates AS FRA:EP2
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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ViroGates AS 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.

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

ViroGates AS's Enterprise Value for the quarter that ended in Mar. 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 €11.09 Mil mean?
ViroGates AS (FRA:EP2) has a Enterprise Value of €11.09 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on ViroGates AS and its competitors.
Is ViroGates AS's Enterprise Value too high?
ViroGates AS's current Enterprise Value is €11.09 Mil. Overall, ViroGates AS has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does ViroGates AS's Enterprise Value compare to ABT and SYK?
ViroGates AS's Enterprise Value of €11.09 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Enterprise Value depends on the Medical Devices & Instruments 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 ViroGates AS and its competitors. ViroGates AS's current Enterprise Value is €11.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ViroGates AS stock overvalued right now?
ViroGates AS (FRA:EP2) has a current Enterprise Value of €11.09 Mil. The stock's GF Value™ is €0.90, compared to a current price of €1.45 — trading 61.1% above its estimated fair value. The current Enterprise Value is €11.09 Mil. ViroGates AS's overall GF Score™ is 44/100 with 2 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 ViroGates AS (FRA:EP2), the current Enterprise Value is €11.09 Mil as of Jun. 30, 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 ViroGates AS (FRA:EP2) Overvalued in 2026?

Based on GuruFocus' analysis, ViroGates AS stock appears to be overvalued. The current stock price of €1.45 is trading 61.1% above its estimated GF Value™ of €0.90.

Key valuation signals for FRA:EP2:

  • Enterprise Value: €11.09 Mil
  • GF Value™: €0.90 vs. price of €1.45 (61.1% above fair value)
  • GF Score™: 44/100 with 2 warning signs

No single metric tells the full story. See the FRA:EP2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ViroGates AS Business Description

Other Exchanges VIRO:Denmark
Address Banevaenget 13, Birkerod, DNK, 3460
ViroGates AS is an international medical technology company that develops and markets blood tests to measure chronic inflammation at health clinics and hospitals. The company markets its blood test products under the suPARnostic brand. Its product portfolio comprises suPARnostic TurbiLatex, suPARnostic Quick Triage, and suPARnostic Auto Flex ELISA kit. These products are mainly used to measure the suPAR (soluble urokinase Plasminogen Activator Receptor) protein in the bloodstream.
44GF Score

Get the complete analysis for FRA:EP2

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

€1.45
Price
€0.90
GF Value