Koninklijke Heijmans NV (FRA:HJN1) Enterprise Value: €2,661 Mil (As of Jul. 16, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:HJN1 Koninklijke Heijmans NV FRA:HJN1
75 GF Score
Price €96.45
GF Value €30.63
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Koninklijke Heijmans NV Enterprise Value?

Koninklijke Heijmans NV FRA:HJN1 +0.21% 75 Enterprise Value is €2,661 Mil as of Jul. 16, 2026. GuruFocus rates FRA:HJN1 with a GF Score™ of 75/100 and a GF Value™ of €30.63 (Significantly Overvalued). 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, Koninklijke Heijmans NV's Enterprise Value is €2,661 Mil. Koninklijke Heijmans NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €186 Mil. Therefore, Koninklijke Heijmans NV's EV-to-EBIT ratio for today is 14.35.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Koninklijke Heijmans NV's Enterprise Value is €2,661 Mil. Koninklijke Heijmans NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €244 Mil. Therefore, Koninklijke Heijmans NV's EV-to-EBITDA ratio for today is 10.92.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Koninklijke Heijmans NV's Enterprise Value is €2,661 Mil. Koninklijke Heijmans NV's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €2,772 Mil. Therefore, Koninklijke Heijmans NV's EV-to-Revenue ratio for today is 0.96.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Koninklijke Heijmans NV's Enterprise Value is €2,661 Mil. Koninklijke Heijmans NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €272 Mil. Therefore, Koninklijke Heijmans NV's EV-to-OCF ratio for today is 9.77.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Koninklijke Heijmans NV's Enterprise Value is €2,661 Mil. Koninklijke Heijmans NV's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €272 Mil. Therefore, Koninklijke Heijmans NV's EV-to-FCF ratio for today is 9.77.

*** 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.


Koninklijke Heijmans NV  (FRA:HJN1) 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.

Koninklijke Heijmans NV's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2661.253/185.5
=14.35

Koninklijke Heijmans NV's current Enterprise Value is €2,661 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Koninklijke Heijmans NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €186 Mil.

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

Koninklijke Heijmans NV's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2661.253/243.8
=10.92

Koninklijke Heijmans NV's current Enterprise Value is €2,661 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Koninklijke Heijmans NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €244 Mil.

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

Koninklijke Heijmans NV's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2661.253/2772.2
=0.96

Koninklijke Heijmans NV's current Enterprise Value is €2,661 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Koninklijke Heijmans NV's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €2,772 Mil.

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

Koninklijke Heijmans NV's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2661.253/272.3
=9.77

Koninklijke Heijmans NV's current Enterprise Value is €2,661 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Koninklijke Heijmans NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €272 Mil.

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

Koninklijke Heijmans NV's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2661.253/272.3
=9.77

Koninklijke Heijmans NV's current Enterprise Value is €2,661 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Koninklijke Heijmans NV's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €272 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.


Koninklijke Heijmans NV Enterprise Value Related Terms


Koninklijke Heijmans NV Enterprise Value Historical Data

* Premium members only.

The historical data trend for Koninklijke Heijmans NV'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.

Koninklijke Heijmans NV Enterprise Value Chart

Koninklijke Heijmans NV 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 198.59 90.80 463.61 864.42 1,806.69

Koninklijke Heijmans NV 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 463.61 602.77 864.42 1,527.93 1,806.69

FRA:HJN1 vs PWR, FIX, EME: Enterprise Value Comparison

For the Engineering & Construction subindustry, Koninklijke Heijmans NV'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.


Koninklijke Heijmans NV Enterprise Value vs Construction Industry

For the Construction industry and Industrials sector, Koninklijke Heijmans NV's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Koninklijke Heijmans NV's Enterprise Value falls into.


FRA:HJN1
75GF Score
Koninklijke Heijmans NV FRA:HJN1
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koninklijke Heijmans NV 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.

Koninklijke Heijmans NV's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Koninklijke Heijmans NV'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 €2,661 Mil mean?
Koninklijke Heijmans NV (FRA:HJN1) has a Enterprise Value of €2,661 Mil as of Jul. 16, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Koninklijke Heijmans NV and its competitors.
Is Koninklijke Heijmans NV's Enterprise Value too high?
Koninklijke Heijmans NV's current Enterprise Value is €2,661 Mil. Overall, Koninklijke Heijmans NV has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke Heijmans NV's Enterprise Value compare to PWR and FIX?
Koninklijke Heijmans NV's Enterprise Value of €2,661 Mil can be compared against companies in the Construction 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 Construction company?
A good Enterprise Value depends on the Construction 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 Koninklijke Heijmans NV and its competitors. Koninklijke Heijmans NV's current Enterprise Value is €2,661 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke Heijmans NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke Heijmans NV (FRA:HJN1) is currently considered Significantly Overvalued. The stock's GF Value™ is €30.63, compared to a current price of €96.45 — trading 214.9% above its estimated fair value. The current Enterprise Value is €2,661 Mil. Koninklijke Heijmans NV's overall GF Score™ is 75/100 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 Koninklijke Heijmans NV (FRA:HJN1), the current Enterprise Value is €2,661 Mil as of Jul. 16, 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 Koninklijke Heijmans NV (FRA:HJN1) Overvalued in 2026?

Based on GuruFocus' analysis, Koninklijke Heijmans NV stock appears to be overvalued. The current stock price of €96.45 is trading 214.9% above its estimated GF Value™ of €30.63. GuruFocus considers Koninklijke Heijmans NV to be Significantly Overvalued.

Key valuation signals for FRA:HJN1:

  • Enterprise Value: €2,661 Mil
  • GF Value™: €30.63 vs. price of €96.45 (214.9% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the FRA:HJN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koninklijke Heijmans NV Business Description

Address Graafsebaan 65, Po Box 2, Rosmalen, NB, NLD, 5248JT
Koninklijke Heijmans NV operates in the construction and public works sector in the Netherlands. Its activities include construction and maintenance of infrastructures: public spaces, highways, bridges, pipelines, roads, tram lines, etc; construction and restoration of buildings: houses, offices, schools, hospitals, stadiums, industrial sites, etc.; servicing and maintenance of buildings and installations.
75GF Score

Get the complete analysis for FRA:HJN1

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

€96.45
Price
€30.63
GF Value