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, Man Group's Enterprise Value is £3,340 Mil.
Man Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £207 Mil. Therefore, Man Group's EV-to-EBIT ratio for today is 16.15.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Man Group's Enterprise Value is £3,340 Mil.
Man Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was £262 Mil. Therefore, Man Group's EV-to-EBITDA ratio for today is 12.73.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Man Group's Enterprise Value is £3,340 Mil.
Man Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was £1,043 Mil. Therefore, Man Group's EV-to-Revenue ratio for today is 3.20.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Man Group's Enterprise Value is £3,340 Mil.
Man Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £150 Mil. Therefore, Man Group's EV-to-FCF ratio for today is 22.24.
*** 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.
Man Group (LSE:EMG) 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.
Man Group's current Enterprise Value is £3,340 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Man Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £207 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Man Group's current Enterprise Value is £3,340 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Man Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was £262 Mil.
Man Group's current Enterprise Value is £3,340 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Man Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was £1,043 Mil.
Man Group's current Enterprise Value is £3,340 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Man Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £180 Mil.
Man Group's current Enterprise Value is £3,340 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Man Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £150 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.
Man Group Enterprise Value Related Terms
Man Group Enterprise Value Historical Data
* Premium members only.
The historical data trend for Man Group'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.
LSE:EMG vs BLK, BX, KKR: Enterprise Value Comparison
For the Asset Management subindustry, Man Group'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.
Man Group Enterprise Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Man Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Man Group'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.
Man Group's Enterprise Value for the fiscal year that ended in Dec. 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.
Man Group (LSE:EMG) has a Enterprise Value of £3,340 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Man Group and its competitors.
Is Man Group's Enterprise Value too high?
Man Group's current Enterprise Value is £3,340 Mil. Overall, Man Group has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Group's Enterprise Value compare to BLK and BX?
Man Group's Enterprise Value of £3,340 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 Man Group and its competitors. Man Group's current Enterprise Value is £3,340 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Group stock overvalued right now?
Based on GuruFocus' analysis, Man Group (LSE:EMG) is currently considered Modestly Overvalued. The stock's GF Value™ is £2.31, compared to a current price of £2.92 — trading 26.5% above its estimated fair value. The current Enterprise Value is £3,340 Mil. Man Group's overall GF Score™ is 84/100 with 10 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 Man Group (LSE:EMG), the current Enterprise Value is £3,340 Mil as of Jul. 01, 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 Man Group (LSE:EMG) Overvalued in 2026?
Based on GuruFocus' analysis, Man Group stock appears to be overvalued.
The current stock price of £2.92 is trading 26.5% above its estimated GF Value™ of £2.31.
GuruFocus considers Man Group to be Modestly Overvalued.
Key valuation signals for LSE:EMG:
Enterprise Value: £3,340 Mil
GF Value™: £2.31 vs. price of £2.92 (26.5% above fair value)
No single metric tells the full story. See the LSE:EMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Man Group PLC is an investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. It invests across a diverse range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. The company earns the majority of its revenue in the form of Management fee which is charged as a percentage of assets under management or net asset value, and a performance fee, which is charged as a percentage of investment performance above a benchmark return.
84GF 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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