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, Forgame Holdings's Enterprise Value is €-28.65 Mil.
Forgame Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-5.70 Mil. Therefore, Forgame Holdings's EV-to-EBIT ratio for today is 5.02.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Forgame Holdings's Enterprise Value is €-28.65 Mil.
Forgame Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-5.70 Mil. Therefore, Forgame Holdings's EV-to-EBITDA ratio for today is 5.02.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Forgame Holdings's Enterprise Value is €-28.65 Mil.
Forgame Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €18.82 Mil. Therefore, Forgame Holdings's EV-to-Revenue ratio for today is -1.52.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Forgame Holdings's Enterprise Value is €-28.65 Mil.
Forgame Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.12 Mil. Therefore, Forgame Holdings's EV-to-FCF ratio for today is 232.89.
*** 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.
Forgame Holdings (FRA:FH0) 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.
Forgame Holdings's current Enterprise Value is €-28.65 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Forgame Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-5.70 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Forgame Holdings's current Enterprise Value is €-28.65 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Forgame Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €-5.70 Mil.
Forgame Holdings's current Enterprise Value is €-28.65 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Forgame Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €18.82 Mil.
Forgame Holdings's current Enterprise Value is €-28.65 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Forgame Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.12 Mil.
Forgame Holdings's current Enterprise Value is €-28.65 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Forgame Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.12 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.
Forgame Holdings Enterprise Value Related Terms
Forgame Holdings Enterprise Value Historical Data
* Premium members only.
The historical data trend for Forgame Holdings'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:FH0 vs SNX, ARW, AVT: Enterprise Value Comparison
For the Electronics & Computer Distribution subindustry, Forgame Holdings'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.
Forgame Holdings Enterprise Value vs Hardware Industry
For the Hardware industry and Technology sector, Forgame Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Forgame Holdings'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.
Forgame Holdings'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.
Forgame Holdings (FRA:FH0) has a Enterprise Value of €-28.65 Mil as of Jul. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Forgame Holdings and its competitors.
Is Forgame Holdings' Enterprise Value too high?
Forgame Holdings' current Enterprise Value is €-28.65 Mil. Overall, Forgame Holdings has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Forgame Holdings' Enterprise Value compare to SNX and ARW?
Forgame Holdings' Enterprise Value of €-28.65 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 Forgame Holdings and its competitors. Forgame Holdings's current Enterprise Value is €-28.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forgame Holdings stock overvalued right now?
Forgame Holdings (FRA:FH0) has a current Enterprise Value of €-28.65 Mil. The stock's GF Value™ is €0.13, compared to a current price of €0.07 — trading 50% below its estimated fair value. The current Enterprise Value is €-28.65 Mil. Forgame Holdings' overall GF Score™ is 58/100 with 4 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 Forgame Holdings (FRA:FH0), the current Enterprise Value is €-28.65 Mil as of Jul. 06, 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 Forgame Holdings (FRA:FH0) Overvalued in 2026?
Based on GuruFocus' analysis, Forgame Holdings stock appears to be undervalued.
The current stock price of €0.07 is trading 50% below its estimated GF Value™ of €0.13.
Key valuation signals for FRA:FH0:
Enterprise Value: €-28.65 Mil
GF Value™: €0.13 vs. price of €0.07 (50% below fair value)
No single metric tells the full story. See the FRA:FH0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forgame Holdings Ltd is an investment holding company. Along with its subsidiaries, it is engaged in developing and publishing domestic and overseas web games and mobile games, and trading of electronic devices and semiconductors in the People's Republic of China (PRC). The Group's operating segments are: Game business, and Electronic device and semiconductor business. The majority of its revenue is derived from the Electronic Device and Semiconductor Business, which is engaged in trading storage solutions and semiconductor components for enterprise-level products, providing various products from components to systems. Geographically, the Group generates maximum revenue from PRC (excluding Hong Kong), and the rest from other regions.
58GF Score
Get the complete analysis for FRA:FH0
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