Paradox Interactive AB (FRA:ETA) Enterprise Value: €1,064.8 Mil (As of Jun. 27, 2026) ***


FRA:ETA Paradox Interactive AB FRA:ETA
80 GF Score
Price €11.45
GF Value €16.07
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Paradox Interactive AB Enterprise Value?

Paradox Interactive AB FRA:ETA +2.97% 80 Enterprise Value is €1,064.8 Mil as of Jun. 27, 2026. GuruFocus rates FRA:ETA with a GF Score™ of 80/100 and a GF Value™ of €16.07 (Modestly Undervalued). The stock has 5 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, Paradox Interactive AB's Enterprise Value is €1,064.8 Mil. Paradox Interactive AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €11.0 Mil. Therefore, Paradox Interactive AB's EV-to-EBIT ratio for today is 97.12.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Paradox Interactive AB's Enterprise Value is €1,064.8 Mil. Paradox Interactive AB's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €122.9 Mil. Therefore, Paradox Interactive AB's EV-to-EBITDA ratio for today is 8.66.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Paradox Interactive AB's Enterprise Value is €1,064.8 Mil. Paradox Interactive AB's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €198.0 Mil. Therefore, Paradox Interactive AB's EV-to-Revenue ratio for today is 5.38.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Paradox Interactive AB's Enterprise Value is €1,064.8 Mil. Paradox Interactive AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €117.3 Mil. Therefore, Paradox Interactive AB's EV-to-OCF ratio for today is 9.07.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Paradox Interactive AB's Enterprise Value is €1,064.8 Mil. Paradox Interactive AB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €57.2 Mil. Therefore, Paradox Interactive AB's EV-to-FCF ratio for today is 18.62.

*** 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.


Paradox Interactive AB  (FRA:ETA) 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.

Paradox Interactive AB's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1064.848/10.964
=97.12

Paradox Interactive AB's current Enterprise Value is €1,064.8 Mil.
Paradox Interactive AB'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 €11.0 Mil.

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

Paradox Interactive AB's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1064.848/122.945
=8.66

Paradox Interactive AB's current Enterprise Value is €1,064.8 Mil.
Paradox Interactive AB'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 €122.9 Mil.

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

Paradox Interactive AB's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1064.848/197.953
=5.38

Paradox Interactive AB's current Enterprise Value is €1,064.8 Mil.
Paradox Interactive AB'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 €198.0 Mil.

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

Paradox Interactive AB's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1064.848/117.347
=9.07

Paradox Interactive AB's current Enterprise Value is €1,064.8 Mil.
Paradox Interactive AB'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 €117.3 Mil.

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

Paradox Interactive AB's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1064.848/57.181
=18.62

Paradox Interactive AB's current Enterprise Value is €1,064.8 Mil.
Paradox Interactive AB'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 €57.2 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.


Paradox Interactive AB Enterprise Value Related Terms


Paradox Interactive AB Enterprise Value Historical Data

* Premium members only.

The historical data trend for Paradox Interactive AB'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.

Paradox Interactive AB Enterprise Value Chart

Paradox Interactive AB 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 1,776.49 1,934.64 1,999.00 1,756.92 1,460.48

Paradox Interactive AB 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 1,621.25 1,685.02 1,596.24 1,460.48 1,046.75

FRA:ETA vs NTES, EA, TTWO: Enterprise Value Comparison

For the Electronic Gaming & Multimedia subindustry, Paradox Interactive AB'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.


Paradox Interactive AB Enterprise Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Paradox Interactive AB's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Paradox Interactive AB's Enterprise Value falls into.


FRA:ETA
80GF Score
Paradox Interactive AB FRA:ETA
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Paradox Interactive AB 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.

Paradox Interactive AB's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Paradox Interactive AB'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 €1,064.8 Mil mean?
Paradox Interactive AB (FRA:ETA) has a Enterprise Value of €1,064.8 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Paradox Interactive AB and its competitors.
Is Paradox Interactive AB's Enterprise Value too high?
Paradox Interactive AB's current Enterprise Value is €1,064.8 Mil. Overall, Paradox Interactive AB has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paradox Interactive AB's Enterprise Value compare to NTES and EA?
Paradox Interactive AB's Enterprise Value of €1,064.8 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Enterprise Value depends on the Interactive Media 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 Paradox Interactive AB and its competitors. Paradox Interactive AB's current Enterprise Value is €1,064.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paradox Interactive AB stock overvalued right now?
Based on GuruFocus' analysis, Paradox Interactive AB (FRA:ETA) is currently considered Modestly Undervalued. The stock's GF Value™ is €16.07, compared to a current price of €11.45 — trading 28.7% below its estimated fair value. The current Enterprise Value is €1,064.8 Mil. Paradox Interactive AB's overall GF Score™ is 80/100 with 5 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 Paradox Interactive AB (FRA:ETA), the current Enterprise Value is €1,064.8 Mil as of Jun. 27, 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 Paradox Interactive AB (FRA:ETA) Overvalued in 2026?

Based on GuruFocus' analysis, Paradox Interactive AB stock appears to be undervalued. The current stock price of €11.45 is trading 28.7% below its estimated GF Value™ of €16.07. GuruFocus considers Paradox Interactive AB to be Modestly Undervalued.

Key valuation signals for FRA:ETA:

  • Enterprise Value: €1,064.8 Mil
  • GF Value™: €16.07 vs. price of €11.45 (28.7% below fair value)
  • GF Score™: 80/100 with 5 warning signs

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


Paradox Interactive AB Business Description

Address Magnus Ladulasgatan 4, Stockholm, SWE, 118 66
Paradox Interactive AB is a Swedish company. It is engaged in the development and publishing of PC-based games. The company's product portfolio includes franchise brands such as Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities, Skylines, Tyranny and Magicka. Paradox is also involved in the publishing and internal development of games and licensing of White Wolf's brands. The company distributes its games through the digital platform Steam as well as on Apple, Google Play, and Sony stores. It operates its business across the world. The majority of the company's revenue comes from the United States, while it also has its presence in Sweden, Rest of Europe and Rest of the World.
80GF Score

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

€11.45
Price
€16.07
GF Value