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, Fluence Energy's Enterprise Value is €2,161 Mil.
Fluence Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-43 Mil. Therefore, Fluence Energy's EV-to-EBIT ratio for today is -50.18.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Fluence Energy's Enterprise Value is €2,161 Mil.
Fluence Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €-10 Mil. Therefore, Fluence Energy's EV-to-EBITDA ratio for today is -211.04.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Fluence Energy's Enterprise Value is €2,161 Mil.
Fluence Energy's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €2,218 Mil. Therefore, Fluence Energy's EV-to-Revenue ratio for today is 0.97.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Fluence Energy's Enterprise Value is €2,161 Mil.
Fluence Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-234 Mil. Therefore, Fluence Energy's EV-to-FCF ratio for today is -9.24.
*** 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.
Fluence Energy (HAM:98W) 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.
Fluence Energy's current Enterprise Value is €2,161 Mil.
Fluence Energy's EBIT 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 €-43 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Fluence Energy's current Enterprise Value is €2,161 Mil.
Fluence Energy's EBITDA 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 €-10 Mil.
Fluence Energy's current Enterprise Value is €2,161 Mil.
Fluence Energy'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 €2,218 Mil.
Fluence Energy's current Enterprise Value is €2,161 Mil.
Fluence Energy'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 €-205 Mil.
Fluence Energy's current Enterprise Value is €2,161 Mil.
Fluence Energy'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 €-234 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.
Fluence Energy Enterprise Value Related Terms
Fluence Energy Enterprise Value Historical Data
* Premium members only.
The historical data trend for Fluence Energy'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.
HAM:98W vs RNW, XIFR, NRGV: Enterprise Value Comparison
For the Utilities - Renewable subindustry, Fluence Energy'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.
Fluence Energy Enterprise Value vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fluence Energy's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Fluence Energy'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.
Fluence Energy's Enterprise Value for the fiscal year that ended in Sep. 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.
Fluence Energy (HAM:98W) has a Enterprise Value of €2,161 Mil as of Jul. 07, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Fluence Energy and its competitors.
Is Fluence Energy's Enterprise Value too high?
Fluence Energy's current Enterprise Value is €2,161 Mil. Overall, Fluence Energy has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fluence Energy's Enterprise Value compare to RNW and XIFR?
Fluence Energy's Enterprise Value of €2,161 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Enterprise Value depends on the Utilities - Independent Power Producers 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 Fluence Energy and its competitors. Fluence Energy's current Enterprise Value is €2,161 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fluence Energy stock overvalued right now?
Based on GuruFocus' analysis, Fluence Energy (HAM:98W) is currently considered Modestly Undervalued. The stock's GF Value™ is €20.48, compared to a current price of €15.84 — trading 22.7% below its estimated fair value. The current Enterprise Value is €2,161 Mil. Fluence Energy's overall GF Score™ is 52/100 with 4 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 Fluence Energy (HAM:98W), the current Enterprise Value is €2,161 Mil as of Jul. 07, 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 Fluence Energy (HAM:98W) Overvalued in 2026?
Based on GuruFocus' analysis, Fluence Energy stock appears to be undervalued.
The current stock price of €15.84 is trading 22.7% below its estimated GF Value™ of €20.48.
GuruFocus considers Fluence Energy to be Modestly Undervalued.
Key valuation signals for HAM:98W:
Enterprise Value: €2,161 Mil
GF Value™: €20.48 vs. price of €15.84 (22.7% below fair value)
No single metric tells the full story. See the HAM:98W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fluence Energy Inc provides intelligent energy storage and optimization software for renewables and storage. Its energy storage solutions and operational services support a more resilient grid and help unlock the potential of renewable portfolios. The company's offerings include energy storage solutions, recurring operational and maintenance services, and Software-as-a-Service (SaaS) products designed to meet customer business needs, performance requirements, in-house capabilities, and risk profiles. Its service plans offer varying levels of training, maintenance, guarantees, warranties, and support for active system management. The company operates in the Americas, APAC and EMEA, with the majority of revenue coming from the Americas.
52GF Score
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