Vantage Towers AG (HAM:VTWR) Enterprise Value: €23,204 Mil (As of Jun. 27, 2026) ***


HAM:VTWR Vantage Towers AG HAM:VTWR
44 GF Score
Price €38.60
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What is Vantage Towers AG Enterprise Value?

Vantage Towers AG HAM:VTWR 44 Enterprise Value is €23,204 Mil as of Jun. 27, 2026. GuruFocus rates HAM:VTWR with a GF Score™ of 44/100.

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, Vantage Towers AG's Enterprise Value is €23,204 Mil. Vantage Towers AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was €541 Mil. Therefore, Vantage Towers AG's EV-to-EBIT ratio for today is 42.91.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vantage Towers AG's Enterprise Value is €23,204 Mil. Vantage Towers AG's EBITDA for the trailing twelve months (TTM) ended in Mar. 2023 was €957 Mil. Therefore, Vantage Towers AG's EV-to-EBITDA ratio for today is 24.26.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vantage Towers AG's Enterprise Value is €23,204 Mil. Vantage Towers AG's Revenue for the trailing twelve months (TTM) ended in Mar. 2023 was €1,095 Mil. Therefore, Vantage Towers AG's EV-to-Revenue ratio for today is 21.19.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Vantage Towers AG's Enterprise Value is €23,204 Mil. Vantage Towers AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was €798 Mil. Therefore, Vantage Towers AG's EV-to-OCF ratio for today is 29.10.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Vantage Towers AG's Enterprise Value is €23,204 Mil. Vantage Towers AG's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2023 was €362 Mil. Therefore, Vantage Towers AG's EV-to-FCF ratio for today is 64.03.

*** 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.


Vantage Towers AG  (HAM:VTWR) 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.

Vantage Towers AG's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=23203.948/540.7
=42.91

Vantage Towers AG's current Enterprise Value is €23,204 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vantage Towers AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was €541 Mil.

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

Vantage Towers AG's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=23203.948/956.6
=24.26

Vantage Towers AG's current Enterprise Value is €23,204 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vantage Towers AG's EBITDA for the trailing twelve months (TTM) ended in Mar. 2023 was €957 Mil.

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

Vantage Towers AG's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=23203.948/1095.2
=21.19

Vantage Towers AG's current Enterprise Value is €23,204 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vantage Towers AG's Revenue for the trailing twelve months (TTM) ended in Mar. 2023 was €1,095 Mil.

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

Vantage Towers AG's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=23203.948/797.5
=29.10

Vantage Towers AG's current Enterprise Value is €23,204 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vantage Towers AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2023 was €798 Mil.

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

Vantage Towers AG's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=23203.948/362.4
=64.03

Vantage Towers AG's current Enterprise Value is €23,204 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vantage Towers AG's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2023 was €362 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.


Vantage Towers AG Enterprise Value Related Terms


Vantage Towers AG Enterprise Value Historical Data

* Premium members only.

The historical data trend for Vantage Towers AG'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.

Vantage Towers AG Enterprise Value Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Enterprise Value
16,365.69 20,465.37 21,079.65

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Enterprise Value Get a 7-Day Free Trial 16,365.69 18,864.21 20,465.37 17,324.75 21,079.65

HAM:VTWR vs BEKE, CBRE, CSGP: Enterprise Value Comparison

For the Real Estate Services subindustry, Vantage Towers AG'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.


Vantage Towers AG Enterprise Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vantage Towers AG's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Vantage Towers AG's Enterprise Value falls into.


HAM:VTWR
44GF Score
Vantage Towers AG HAM:VTWR
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Towers AG 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.

Vantage Towers AG's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Vantage Towers AG's Enterprise Value for the quarter that ended in Mar. 2023 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 €23,204 Mil mean?
Vantage Towers AG (HAM:VTWR) has a Enterprise Value of €23,204 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vantage Towers AG and its competitors.
Is Vantage Towers AG's Enterprise Value too high?
Vantage Towers AG's current Enterprise Value is €23,204 Mil. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's Enterprise Value compare to BEKE and CBRE?
Vantage Towers AG's Enterprise Value of €23,204 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Enterprise Value depends on the Real Estate 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 Vantage Towers AG and its competitors. Vantage Towers AG's current Enterprise Value is €23,204 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (HAM:VTWR) has a current Enterprise Value of €23,204 Mil. The current Enterprise Value is €23,204 Mil. Vantage Towers AG's overall GF Score™ is 44/100. 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 Vantage Towers AG (HAM:VTWR), the current Enterprise Value is €23,204 Mil as of Jun. 27, 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.

Vantage Towers AG Business Description

Address Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF Score

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Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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