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.
Goodman New Zealand and Goodman Property Services (FRA:NJK) 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.
Goodman New Zealand and Goodman Property Services's EV-to-EBIT for today is
Goodman New Zealand and Goodman Property Services's current Enterprise Value is €1,770.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman New Zealand and Goodman Property Services's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was €103.1 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Goodman New Zealand and Goodman Property Services's EV-to-EBITDA for today is:
Goodman New Zealand and Goodman Property Services's current Enterprise Value is €1,770.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman New Zealand and Goodman Property Services's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was €103.1 Mil.
Goodman New Zealand and Goodman Property Services's current Enterprise Value is €1,770.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman New Zealand and Goodman Property Services's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was €148.2 Mil.
Goodman New Zealand and Goodman Property Services's current Enterprise Value is €1,770.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman New Zealand and Goodman Property Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was €86.5 Mil.
Goodman New Zealand and Goodman Property Services's current Enterprise Value is €1,770.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Goodman New Zealand and Goodman Property Services's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was €84.9 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.
Goodman New Zealand and Goodman Property Services Enterprise Value Related Terms
Goodman New Zealand and Goodman Property Services 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.
Goodman New Zealand and Goodman Property Services Enterprise Value Chart
Goodman New Zealand and Goodman Property Services Annual Data
FRA:NJK vs PLD, PSA, EXR: Enterprise Value Comparison
For the REIT - Industrial subindustry, Goodman New Zealand and Goodman Property Services'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.
Goodman New Zealand and Goodman Property Services Enterprise Value vs REITs Industry
Goodman New Zealand and Goodman Property Services 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.
What does a Enterprise Value of €1,770.3 Mil mean?
Goodman New Zealand and Goodman Property Services (FRA:NJK) has a Enterprise Value of €1,770.3 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Goodman New Zealand and Goodman Property Services and its competitors.
Is Goodman New Zealand and Goodman Property Services' Enterprise Value too high?
Goodman New Zealand and Goodman Property Services' current Enterprise Value is €1,770.3 Mil. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' Enterprise Value compare to PLD and PSA?
Goodman New Zealand and Goodman Property Services' Enterprise Value of €1,770.3 Mil can be compared against companies in the REITs 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 REITs company?
A good Enterprise Value depends on the REITs 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 Goodman New Zealand and Goodman Property Services and its competitors. Goodman New Zealand and Goodman Property Services's current Enterprise Value is €1,770.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman New Zealand and Goodman Property Services stock overvalued right now?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services (FRA:NJK) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.74, compared to a current price of €1.00 — trading 35.1% above its estimated fair value. The current Enterprise Value is €1,770.3 Mil. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 31/100 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 Goodman New Zealand and Goodman Property Services (FRA:NJK), the current Enterprise Value is €1,770.3 Mil as of Jun. 24, 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 Goodman New Zealand and Goodman Property Services (FRA:NJK) Overvalued in 2026?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued.
The current stock price of €1.00 is trading 35.1% above its estimated GF Value™ of €0.74.
GuruFocus considers Goodman New Zealand and Goodman Property Services to be Significantly Overvalued.
Key valuation signals for FRA:NJK:
Enterprise Value: €1,770.3 Mil
GF Value™: €0.74 vs. price of €1.00 (35.1% above fair value)
No single metric tells the full story. See the FRA:NJK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodman New Zealand and Goodman Property Services Business Description
Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
31GF Score
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Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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