Real Asset Acquisition (HAM:FL3) Enterprise Value: €270.30 Mil (As of Jul. 12, 2026) ***


HAM:FL3 Real Asset Acquisition Corp HAM:FL3
22 GF Score
Price €9.35
! 2 Warning Signs
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What is Real Asset Acquisition Enterprise Value?

Real Asset Acquisition HAM:FL3 -2.20% 22 Enterprise Value is €270.30 Mil as of Jul. 12, 2026. GuruFocus rates HAM:FL3 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

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, Real Asset Acquisition's Enterprise Value is €270.30 Mil. Real Asset Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.49 Mil. Therefore, Real Asset Acquisition's EV-to-EBIT ratio for today is -550.52.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Real Asset Acquisition's Enterprise Value is €270.30 Mil. Real Asset Acquisition's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.49 Mil. Therefore, Real Asset Acquisition's EV-to-EBITDA ratio for today is -550.52.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Real Asset Acquisition's Enterprise Value is €270.30 Mil. Real Asset Acquisition's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €0.00 Mil. Therefore, Real Asset Acquisition's EV-to-Revenue ratio for today is .

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Real Asset Acquisition's Enterprise Value is €270.30 Mil. Real Asset Acquisition's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.19 Mil. Therefore, Real Asset Acquisition's EV-to-OCF ratio for today is -1,400.53.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Real Asset Acquisition's Enterprise Value is €270.30 Mil. Real Asset Acquisition's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.19 Mil. Therefore, Real Asset Acquisition's EV-to-FCF ratio for today is -1,400.53.

*** 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.


Real Asset Acquisition  (HAM:FL3) 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.

Real Asset Acquisition's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=270.303/-0.491
=-550.52

Real Asset Acquisition's current Enterprise Value is €270.30 Mil.
Real Asset Acquisition'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 €-0.49 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Real Asset Acquisition's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=270.303/-0.491
=-550.52

Real Asset Acquisition's current Enterprise Value is €270.30 Mil.
Real Asset Acquisition'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 €-0.49 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Real Asset Acquisition's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=270.303/0
=

Real Asset Acquisition's current Enterprise Value is €270.30 Mil.
Real Asset Acquisition'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 €0.00 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Real Asset Acquisition's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=270.303/-0.193
=-1,400.53

Real Asset Acquisition's current Enterprise Value is €270.30 Mil.
Real Asset Acquisition'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 €-0.19 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Real Asset Acquisition's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=270.303/-0.193
=-1,400.53

Real Asset Acquisition's current Enterprise Value is €270.30 Mil.
Real Asset Acquisition'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 €-0.19 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.


Real Asset Acquisition Enterprise Value Related Terms


Real Asset Acquisition Enterprise Value Historical Data

* Premium members only.

The historical data trend for Real Asset Acquisition'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.

Real Asset Acquisition Enterprise Value Chart

Real Asset Acquisition Annual Data
Trend Dec24 Dec25
Enterprise Value
0.00 0.00

Real Asset Acquisition Quarterly Data
Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

HAM:FL3 vs GTERA, COPL, MKLY: Enterprise Value Comparison

For the Shell Companies subindustry, Real Asset Acquisition'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.


Real Asset Acquisition Enterprise Value vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Real Asset Acquisition's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Real Asset Acquisition's Enterprise Value falls into.


HAM:FL3
22GF Score
Real Asset Acquisition Corp HAM:FL3
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Real Asset Acquisition 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.

Real Asset Acquisition's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Real Asset Acquisition's Enterprise Value for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €270.30 Mil mean?
Real Asset Acquisition (HAM:FL3) has a Enterprise Value of €270.30 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Real Asset Acquisition and its competitors.
Is Real Asset Acquisition's Enterprise Value too high?
Real Asset Acquisition's current Enterprise Value is €270.30 Mil. Overall, Real Asset Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Real Asset Acquisition's Enterprise Value compare to GTERA and COPL?
Real Asset Acquisition's Enterprise Value of €270.30 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Enterprise Value depends on the Diversified Financial Services 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 Real Asset Acquisition and its competitors. Real Asset Acquisition's current Enterprise Value is €270.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Asset Acquisition stock overvalued right now?
Real Asset Acquisition (HAM:FL3) has a current Enterprise Value of €270.30 Mil. The current Enterprise Value is €270.30 Mil. Real Asset Acquisition's overall GF Score™ is 22/100 with 2 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 Real Asset Acquisition (HAM:FL3), the current Enterprise Value is €270.30 Mil as of Jul. 12, 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.

Real Asset Acquisition Business Description

Other Exchanges RAAQ:USA
Address 174 Nassau Street, Suite 2100, Princeton, NJ, USA, 08542
Real Asset Acquisition Corp is a blank check company.
22GF Score

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