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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.
*** 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.
RedFish LongTerm Capital SpA (FRA:HN5) 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.
RedFish LongTerm Capital SpA's EV-to-EBIT for today is
RedFish LongTerm Capital SpA's current Enterprise Value is €94.24 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. RedFish LongTerm Capital SpA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €4.80 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
RedFish LongTerm Capital SpA's EV-to-EBITDA for today is:
RedFish LongTerm Capital SpA's current Enterprise Value is €94.24 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. RedFish LongTerm Capital SpA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €8.75 Mil.
RedFish LongTerm Capital SpA's current Enterprise Value is €94.24 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. RedFish LongTerm Capital SpA's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €69.53 Mil.
RedFish LongTerm Capital SpA's current Enterprise Value is €94.24 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. RedFish LongTerm Capital SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €3.34 Mil.
RedFish LongTerm Capital SpA's current Enterprise Value is €94.24 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. RedFish LongTerm Capital SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.86 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.
RedFish LongTerm Capital SpA Enterprise Value Related Terms
RedFish LongTerm Capital SpA Enterprise Value Historical Data
* 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.
RedFish LongTerm Capital SpA Enterprise Value Chart
FRA:HN5 vs BLK, BX, KKR: Enterprise Value Comparison
For the Asset Management subindustry, RedFish LongTerm Capital SpA'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.
RedFish LongTerm Capital SpA Enterprise Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, RedFish LongTerm Capital SpA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where RedFish LongTerm Capital SpA's Enterprise Value falls into.
RedFish LongTerm Capital SpA 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.
* 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.
RedFish LongTerm Capital SpA (FRA:HN5) has a Enterprise Value of €94.24 Mil as of Jul. 23, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on RedFish LongTerm Capital SpA and its competitors.
Is RedFish LongTerm Capital SpA's Enterprise Value too high?
RedFish LongTerm Capital SpA's current Enterprise Value is €94.24 Mil. Overall, RedFish LongTerm Capital SpA has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does RedFish LongTerm Capital SpA's Enterprise Value compare to BLK and BX?
RedFish LongTerm Capital SpA's Enterprise Value of €94.24 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Enterprise Value depends on the Asset Management 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 RedFish LongTerm Capital SpA and its competitors. RedFish LongTerm Capital SpA's current Enterprise Value is €94.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RedFish LongTerm Capital SpA stock overvalued right now?
RedFish LongTerm Capital SpA (FRA:HN5) has a current Enterprise Value of €94.24 Mil. The stock's GF Value™ is €2.02, compared to a current price of €1.15 — trading 43.1% below its estimated fair value. The current Enterprise Value is €94.24 Mil. RedFish LongTerm Capital SpA's overall GF Score™ is 51/100 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 RedFish LongTerm Capital SpA (FRA:HN5), the current Enterprise Value is €94.24 Mil as of Jul. 23, 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 RedFish LongTerm Capital SpA (FRA:HN5) Overvalued in 2026?
Based on GuruFocus' analysis, RedFish LongTerm Capital SpA stock appears to be undervalued.
The current stock price of €1.15 is trading 43.1% below its estimated GF Value™ of €2.02.
Key valuation signals for FRA:HN5:
Enterprise Value: €94.24 Mil
GF Value™: €2.02 vs. price of €1.15 (43.1% below fair value)
No single metric tells the full story. See the FRA:HN5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control, and debt optimization, but above all, advisory services for the acquisition of Target Companies to pursue the development plan for external lines.
51GF Score
Get the complete analysis for FRA:HN5
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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