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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.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Meridian Holdings's Enterprise Value is €157.0 Mil.
Meridian Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €-73.0 Mil. Therefore, Meridian Holdings's EV-to-EBIT ratio for today is -2.15.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Meridian Holdings's Enterprise Value is €157.0 Mil.
Meridian Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €-62.0 Mil. Therefore, Meridian Holdings's EV-to-EBITDA ratio for today is -2.53.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Meridian Holdings's Enterprise Value is €157.0 Mil.
Meridian Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was €169.6 Mil. Therefore, Meridian Holdings's EV-to-Revenue ratio for today is 0.93.
*** 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.
Meridian Holdings (FRA:SE0) 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.
Meridian Holdings's current Enterprise Value is €157.0 Mil.
Meridian Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-73.0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Meridian Holdings's current Enterprise Value is €157.0 Mil.
Meridian Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-62.0 Mil.
Meridian Holdings's current Enterprise Value is €157.0 Mil.
Meridian Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €169.6 Mil.
Meridian Holdings's current Enterprise Value is €157.0 Mil.
Meridian Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €24.2 Mil.
Meridian Holdings's current Enterprise Value is €157.0 Mil.
Meridian Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €18.0 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.
Meridian Holdings Enterprise Value Related Terms
Meridian Holdings Enterprise Value Historical Data
* Premium members only.
The historical data trend for Meridian 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:SE0 vs INSE, ROLR, GRSD: Enterprise Value Comparison
For the Gambling subindustry, Meridian 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.
Meridian Holdings Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Meridian 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.
Meridian 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.
Meridian Holdings (FRA:SE0) has a Enterprise Value of €157.0 Mil as of Aug. 15, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Meridian Holdings and its competitors.
Is Meridian Holdings' Enterprise Value too high?
Meridian Holdings' current Enterprise Value is €157.0 Mil. Overall, Meridian Holdings has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Meridian Holdings' Enterprise Value compare to INSE and ROLR?
Meridian Holdings' Enterprise Value of €157.0 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure 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 Meridian Holdings and its competitors. Meridian Holdings's current Enterprise Value is €157.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Holdings stock overvalued right now?
Meridian Holdings (FRA:SE0) has a current Enterprise Value of €157.0 Mil. The stock's GF Value™ is €20.06, compared to a current price of €11.42 — trading 43.1% below its estimated fair value. The current Enterprise Value is €157.0 Mil. Meridian Holdings' overall GF Score™ is 74/100 with 8 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 Meridian Holdings (FRA:SE0), the current Enterprise Value is €157.0 Mil as of Aug. 15, 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 Meridian Holdings (FRA:SE0) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Holdings stock appears to be undervalued.
The current stock price of €11.42 is trading 43.1% below its estimated GF Value™ of €20.06.
Key valuation signals for FRA:SE0:
Enterprise Value: €157.0 Mil
GF Value™: €20.06 vs. price of €11.42 (43.1% below fair value)
No single metric tells the full story. See the FRA:SE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
74GF Score
Get the complete analysis for FRA:SE0
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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