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, BOE Varitronix's Enterprise Value is €-102 Mil.
BOE Varitronix's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €45 Mil. Therefore, BOE Varitronix's EV-to-EBIT ratio for today is -2.29.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, BOE Varitronix's Enterprise Value is €-102 Mil.
BOE Varitronix's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €75 Mil. Therefore, BOE Varitronix's EV-to-EBITDA ratio for today is -1.37.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, BOE Varitronix's Enterprise Value is €-102 Mil.
BOE Varitronix's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €1,537 Mil. Therefore, BOE Varitronix's EV-to-Revenue ratio for today is -0.07.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, BOE Varitronix's Enterprise Value is €-102 Mil.
BOE Varitronix's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €35 Mil. Therefore, BOE Varitronix's EV-to-FCF ratio for today is -2.93.
*** 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.
BOE Varitronix (FRA:VTX) 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.
BOE Varitronix's current Enterprise Value is €-102 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOE Varitronix's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €45 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
BOE Varitronix's current Enterprise Value is €-102 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOE Varitronix's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €75 Mil.
BOE Varitronix's current Enterprise Value is €-102 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOE Varitronix's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €1,537 Mil.
BOE Varitronix's current Enterprise Value is €-102 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOE Varitronix's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €88 Mil.
BOE Varitronix's current Enterprise Value is €-102 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BOE Varitronix's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €35 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.
BOE Varitronix Enterprise Value Related Terms
BOE Varitronix Enterprise Value Historical Data
* Premium members only.
The historical data trend for BOE Varitronix'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.
For the Electronic Components subindustry, BOE Varitronix'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.
BOE Varitronix Enterprise Value vs Hardware Industry
For the Hardware industry and Technology sector, BOE Varitronix's Enterprise Value distribution charts can be found below:
* The bar in red indicates where BOE Varitronix'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.
BOE Varitronix'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.
BOE Varitronix (FRA:VTX) has a Enterprise Value of €-102 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on BOE Varitronix and its competitors.
Is BOE Varitronix's Enterprise Value too high?
BOE Varitronix's current Enterprise Value is €-102 Mil. Overall, BOE Varitronix has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BOE Varitronix's Enterprise Value compare to APH and GLW?
BOE Varitronix's Enterprise Value of €-102 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 BOE Varitronix and its competitors. BOE Varitronix's current Enterprise Value is €-102 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOE Varitronix stock overvalued right now?
Based on GuruFocus' analysis, BOE Varitronix (FRA:VTX) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.75, compared to a current price of €0.42 — trading 43.7% below its estimated fair value. The current Enterprise Value is €-102 Mil. BOE Varitronix's overall GF Score™ is 60/100 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 BOE Varitronix (FRA:VTX), the current Enterprise Value is €-102 Mil as of Jun. 30, 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 BOE Varitronix (FRA:VTX) Overvalued in 2026?
Based on GuruFocus' analysis, BOE Varitronix stock appears to be undervalued.
The current stock price of €0.42 is trading 43.7% below its estimated GF Value™ of €0.75.
GuruFocus considers BOE Varitronix to be Significantly Undervalued.
Key valuation signals for FRA:VTX:
Enterprise Value: €-102 Mil
GF Value™: €0.75 vs. price of €0.42 (43.7% below fair value)
No single metric tells the full story. See the FRA:VTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the design, manufacture and sale of liquid crystal displays and related products. The company's geographical segments include the PRC, Europe, Japan, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.
60GF Score
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