HVMC (Highview Merger) Enterprise Value: $298.96 Mil (As of Jul. 24, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HVMC Highview Merger Corp HVMC
13 GF Score
Price $10.19
View Full Analysis

What is Highview Merger Enterprise Value?

Highview Merger HVMC +0.10% 13 Enterprise Value is $298.96 Mil as of Jul. 24, 2026. GuruFocus rates HVMC with a GF Score™ of 13/100.

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, Highview Merger's Enterprise Value is $298.96 Mil. Highview Merger's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.75 Mil. Therefore, Highview Merger's EV-to-EBIT ratio for today is -398.08.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Highview Merger's Enterprise Value is $298.96 Mil. Highview Merger's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.75 Mil. Therefore, Highview Merger's EV-to-EBITDA ratio for today is -398.08.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Highview Merger's Enterprise Value is $298.96 Mil. Highview Merger's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $0.00 Mil. Therefore, Highview Merger'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, Highview Merger's Enterprise Value is $298.96 Mil. Highview Merger's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.70 Mil. Therefore, Highview Merger's EV-to-OCF ratio for today is -427.08.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Highview Merger's Enterprise Value is $298.96 Mil. Highview Merger's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.70 Mil. Therefore, Highview Merger's EV-to-FCF ratio for today is -427.08.

*** 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.


Highview Merger  (NAS:HVMC) 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.

Highview Merger's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=298.955/-0.751
=-398.08

Highview Merger's current Enterprise Value is $298.96 Mil.
Highview Merger'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 $-0.75 Mil.

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

Highview Merger's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=298.955/-0.751
=-398.08

Highview Merger's current Enterprise Value is $298.96 Mil.
Highview Merger'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 $-0.75 Mil.

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

Highview Merger's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=298.955/0
=

Highview Merger's current Enterprise Value is $298.96 Mil.
Highview Merger'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.

Highview Merger's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=298.955/-0.7
=-427.08

Highview Merger's current Enterprise Value is $298.96 Mil.
Highview Merger'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 $-0.70 Mil.

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

Highview Merger's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=298.955/-0.7
=-427.08

Highview Merger's current Enterprise Value is $298.96 Mil.
Highview Merger'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 $-0.70 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.


Highview Merger Enterprise Value Related Terms


Highview Merger Enterprise Value Historical Data

* Premium members only.

The historical data trend for Highview Merger'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.

Highview Merger Enterprise Value Chart

Highview Merger Annual Data
Trend Dec25
Enterprise Value
0.00

Highview Merger Quarterly Data
Jun25 Sep25 Dec25 Mar26
Enterprise Value 0.00 0.00 293.20 294.84

HVMC vs GSRF, JENA, OTGA: Enterprise Value Comparison

For the Shell Companies subindustry, Highview Merger'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.


Highview Merger Enterprise Value vs Diversified Financial Services Industry

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

* The bar in red indicates where Highview Merger's Enterprise Value falls into.


HVMC
13GF Score
Highview Merger Corp HVMC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highview Merger 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.

Highview Merger's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Highview Merger'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 $298.96 Mil mean?
Highview Merger (HVMC) has a Enterprise Value of $298.96 Mil as of Jul. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Highview Merger and its competitors.
Is Highview Merger's Enterprise Value too high?
Highview Merger's current Enterprise Value is $298.96 Mil. Overall, Highview Merger has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Highview Merger's Enterprise Value compare to GSRF and JENA?
Highview Merger's Enterprise Value of $298.96 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 Highview Merger and its competitors. Highview Merger's current Enterprise Value is $298.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highview Merger stock overvalued right now?
Highview Merger (HVMC) has a current Enterprise Value of $298.96 Mil. The current Enterprise Value is $298.96 Mil. Highview Merger's overall GF Score™ is 13/100. 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 Highview Merger (HVMC), the current Enterprise Value is $298.96 Mil as of Jul. 24, 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.

Highview Merger Business Description

Address 1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445
Highview Merger Corp is a blank check company.
13GF Score

Get the complete analysis for HVMC

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

$10.19
Price