Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
AUR Portfolio III SE&Co KGaA (HAM:AR4) 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.
AUR Portfolio III SE&Co KGaA's EV-to-EBIT for today is
AUR Portfolio III SE&Co KGaA's current Enterprise Value is €398 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AUR Portfolio III SE&Co KGaA's EBIT for the trailing twelve months (TTM) ended in Dec. 2022 was €34 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
AUR Portfolio III SE&Co KGaA's EV-to-EBITDA for today is:
AUR Portfolio III SE&Co KGaA's current Enterprise Value is €398 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AUR Portfolio III SE&Co KGaA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2022 was €159 Mil.
AUR Portfolio III SE&Co KGaA's current Enterprise Value is €398 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AUR Portfolio III SE&Co KGaA's Revenue for the trailing twelve months (TTM) ended in Dec. 2022 was €2,995 Mil.
AUR Portfolio III SE&Co KGaA's current Enterprise Value is €398 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AUR Portfolio III SE&Co KGaA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2022 was €-42 Mil.
AUR Portfolio III SE&Co KGaA's current Enterprise Value is €398 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AUR Portfolio III SE&Co KGaA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2022 was €-42 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.
AUR Portfolio III SE&Co KGaA Enterprise Value Related Terms
AUR Portfolio III SE&Co KGaA 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.
AUR Portfolio III SE&Co KGaA Enterprise Value Chart
HAM:AR4 vs BLK, BX, KKR: Enterprise Value Comparison
For the Asset Management subindustry, AUR Portfolio III SE&Co KGaA'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.
AUR Portfolio III SE&Co KGaA Enterprise Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AUR Portfolio III SE&Co KGaA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where AUR Portfolio III SE&Co KGaA's Enterprise Value falls into.
AUR Portfolio III SE&Co KGaA 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.
AUR Portfolio III SE&Co KGaA (HAM:AR4) has a Enterprise Value of €398 Mil as of Jul. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on AUR Portfolio III SE&Co KGaA and its competitors.
Is AUR Portfolio III SE&Co KGaA's Enterprise Value too high?
AUR Portfolio III SE&Co KGaA's current Enterprise Value is €398 Mil. Overall, AUR Portfolio III SE&Co KGaA has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does AUR Portfolio III SE&Co KGaA's Enterprise Value compare to BLK and BX?
AUR Portfolio III SE&Co KGaA's Enterprise Value of €398 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Enterprise Value depends on the Asset Management 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 AUR Portfolio III SE&Co KGaA and its competitors. AUR Portfolio III SE&Co KGaA's current Enterprise Value is €398 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AUR Portfolio III SE&Co KGaA stock overvalued right now?
AUR Portfolio III SE&Co KGaA (HAM:AR4) has a current Enterprise Value of €398 Mil. The current Enterprise Value is €398 Mil. AUR Portfolio III SE&Co KGaA's overall GF Score™ is 10/100. 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 AUR Portfolio III SE&Co KGaA (HAM:AR4), the current Enterprise Value is €398 Mil as of Jul. 25, 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.
AUR Portfolio III SE&Co KGaA is the investment vehicle for the Lower Mid-Market portfolio. Its core element is the operational support for portfolio companies.
10GF Score
Get the complete analysis for HAM:AR4
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:AR4 has been successfully added to your 
