Fernheizwerk Neukoelln AG (FRA:FHW) Enterprise Value: €33.73 Mil (As of Jul. 06, 2026) ***


FRA:FHW Fernheizwerk Neukoelln AG FRA:FHW
67 GF Score
Price €18.60
GF Value €26.62
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Fernheizwerk Neukoelln AG Enterprise Value?

Fernheizwerk Neukoelln AG FRA:FHW 67 Enterprise Value is €33.73 Mil as of Jul. 06, 2026. GuruFocus rates FRA:FHW with a GF Score™ of 67/100 and a GF Value™ of €26.62 (Significantly Undervalued). The stock has 7 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, Fernheizwerk Neukoelln AG's Enterprise Value is €33.73 Mil. Fernheizwerk Neukoelln AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €6.05 Mil. Therefore, Fernheizwerk Neukoelln AG's EV-to-EBIT ratio for today is 5.58.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Fernheizwerk Neukoelln AG's Enterprise Value is €33.73 Mil. Fernheizwerk Neukoelln AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €12.49 Mil. Therefore, Fernheizwerk Neukoelln AG's EV-to-EBITDA ratio for today is 2.70.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Fernheizwerk Neukoelln AG's Enterprise Value is €33.73 Mil. Fernheizwerk Neukoelln AG's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €68.79 Mil. Therefore, Fernheizwerk Neukoelln AG's EV-to-Revenue ratio for today is 0.49.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Fernheizwerk Neukoelln AG's Enterprise Value is €33.73 Mil. Fernheizwerk Neukoelln AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 Mil. Therefore, Fernheizwerk Neukoelln AG's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Fernheizwerk Neukoelln AG's Enterprise Value is €33.73 Mil. Fernheizwerk Neukoelln AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 Mil. Therefore, Fernheizwerk Neukoelln AG's EV-to-FCF ratio for today is .

*** 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.


Fernheizwerk Neukoelln AG  (FRA:FHW) 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.

Fernheizwerk Neukoelln AG's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=33.734/6.049
=5.58

Fernheizwerk Neukoelln AG's current Enterprise Value is €33.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fernheizwerk Neukoelln AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €6.05 Mil.

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

Fernheizwerk Neukoelln AG's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=33.734/12.487
=2.70

Fernheizwerk Neukoelln AG's current Enterprise Value is €33.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fernheizwerk Neukoelln AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €12.49 Mil.

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

Fernheizwerk Neukoelln AG's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=33.734/68.785
=0.49

Fernheizwerk Neukoelln AG's current Enterprise Value is €33.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fernheizwerk Neukoelln AG's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €68.79 Mil.

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

Fernheizwerk Neukoelln AG's EV-to-OCF for today is:


Fernheizwerk Neukoelln AG's current Enterprise Value is €33.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fernheizwerk Neukoelln AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 Mil.

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

Fernheizwerk Neukoelln AG's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=33.734/0
=

Fernheizwerk Neukoelln AG's current Enterprise Value is €33.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fernheizwerk Neukoelln AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 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.


Fernheizwerk Neukoelln AG Enterprise Value Related Terms


Fernheizwerk Neukoelln AG Enterprise Value Historical Data

* Premium members only.

The historical data trend for Fernheizwerk Neukoelln AG'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.

Fernheizwerk Neukoelln AG Enterprise Value Chart

Fernheizwerk Neukoelln AG 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 90.24 89.43 74.30 36.20 38.79

Fernheizwerk Neukoelln AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 74.30 32.81 36.20 51.54 38.79

FRA:FHW vs CEG, VST, NRG: Enterprise Value Comparison

For the Utilities - Independent Power Producers subindustry, Fernheizwerk Neukoelln AG'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.


Fernheizwerk Neukoelln AG Enterprise Value vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fernheizwerk Neukoelln AG's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Fernheizwerk Neukoelln AG's Enterprise Value falls into.


FRA:FHW
67GF Score
Fernheizwerk Neukoelln AG FRA:FHW
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Fernheizwerk Neukoelln AG 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.

Fernheizwerk Neukoelln AG's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Fernheizwerk Neukoelln AG's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €33.73 Mil mean?
Fernheizwerk Neukoelln AG (FRA:FHW) has a Enterprise Value of €33.73 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 Fernheizwerk Neukoelln AG and its competitors.
Is Fernheizwerk Neukoelln AG's Enterprise Value too high?
Fernheizwerk Neukoelln AG's current Enterprise Value is €33.73 Mil. Overall, Fernheizwerk Neukoelln AG has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fernheizwerk Neukoelln AG's Enterprise Value compare to CEG and VST?
Fernheizwerk Neukoelln AG's Enterprise Value of €33.73 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Enterprise Value depends on the Utilities - Independent Power Producers 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 Fernheizwerk Neukoelln AG and its competitors. Fernheizwerk Neukoelln AG's current Enterprise Value is €33.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fernheizwerk Neukoelln AG stock overvalued right now?
Based on GuruFocus' analysis, Fernheizwerk Neukoelln AG (FRA:FHW) is currently considered Significantly Undervalued. The stock's GF Value™ is €26.62, compared to a current price of €18.60 — trading 30.1% below its estimated fair value. The current Enterprise Value is €33.73 Mil. Fernheizwerk Neukoelln AG's overall GF Score™ is 67/100 with 7 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 Fernheizwerk Neukoelln AG (FRA:FHW), the current Enterprise Value is €33.73 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 Fernheizwerk Neukoelln AG (FRA:FHW) Overvalued in 2026?

Based on GuruFocus' analysis, Fernheizwerk Neukoelln AG stock appears to be undervalued. The current stock price of €18.60 is trading 30.1% below its estimated GF Value™ of €26.62. GuruFocus considers Fernheizwerk Neukoelln AG to be Significantly Undervalued.

Key valuation signals for FRA:FHW:

  • Enterprise Value: €33.73 Mil
  • GF Value™: €26.62 vs. price of €18.60 (30.1% below fair value)
  • GF Score™: 67/100 with 7 warning signs

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


Fernheizwerk Neukoelln AG Business Description

Other Exchanges FHW:Germany
Address Weigandufer 49, Berlin, DEU, D-12059
Fernheizwerk Neukoelln AG is a German company which offers heating services to the city of Berlin. The company operates a grid of steam and hot water pipes throughout the city.
67GF Score

Get the complete analysis for FRA:FHW

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

€18.60
Price
€26.62
GF Value