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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. This ratio does not apply to banks.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.
*** 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.
NOBA Bank Group AB (publ) (FRA:ZR5) 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.
NOBA Bank Group AB (publ)'s current Enterprise Value is €6,413 Mil.
NOBA Bank Group AB (publ)'s Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,053 Mil.
NOBA Bank Group AB (publ)'s current Enterprise Value is €6,413 Mil.
NOBA Bank Group AB (publ)'s Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-140 Mil.
NOBA Bank Group AB (publ)'s current Enterprise Value is €6,413 Mil.
NOBA Bank Group AB (publ)'s Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-161 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.
NOBA Bank Group AB (publ) Enterprise Value Related Terms
NOBA Bank Group AB (publ) 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.
FRA:ZR5 vs JPM, BAC, WFC: Enterprise Value Comparison
For the Banks - Diversified subindustry, NOBA Bank Group AB (publ)'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.
NOBA Bank Group AB (publ) Enterprise Value vs Banks Industry
For the Banks industry and Financial Services sector, NOBA Bank Group AB (publ)'s Enterprise Value distribution charts can be found below:
* The bar in red indicates where NOBA Bank Group AB (publ)'s Enterprise Value falls into.
NOBA Bank Group AB (publ) 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.
NOBA Bank Group AB (publ)'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.
NOBA Bank Group AB (publ) (FRA:ZR5) has a Enterprise Value of €6,413 Mil as of Aug. 10, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NOBA Bank Group AB (publ) and its competitors.
Is NOBA Bank Group AB (publ)'s Enterprise Value too high?
NOBA Bank Group AB (publ)'s current Enterprise Value is €6,413 Mil. Overall, NOBA Bank Group AB (publ) has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does NOBA Bank Group AB (publ)'s Enterprise Value compare to JPM and BAC?
NOBA Bank Group AB (publ)'s Enterprise Value of €6,413 Mil can be compared against companies in the Banks 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 Banks company?
A good Enterprise Value depends on the Banks 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 NOBA Bank Group AB (publ) and its competitors. NOBA Bank Group AB (publ)'s current Enterprise Value is €6,413 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOBA Bank Group AB (publ) stock overvalued right now?
NOBA Bank Group AB (publ) (FRA:ZR5) has a current Enterprise Value of €6,413 Mil. The current Enterprise Value is €6,413 Mil. NOBA Bank Group AB (publ)'s overall GF Score™ is 2/100 with 1 warning sign 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 NOBA Bank Group AB (publ) (FRA:ZR5), the current Enterprise Value is €6,413 Mil as of Aug. 10, 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.
NOBA Bank Group AB (publ) is a European specialist bank operating through three brands: Nordax Bank, Bank Norwegian, and Svensk Hypotekspension. It offers retail financial products in four main segments: Private Loans, Credit Cards, Secured Loans (including specialist and equity release mortgages), and Other services such as deposits. Geographically, the company operates in eight countries, with a presence in the Nordic region (Sweden, Norway, Finland, Denmark), as well as Germany, Spain, the Netherlands, and Ireland.
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