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, Vastned NV's Enterprise Value is €968.29 Mil.
Vastned NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €75.93 Mil. Therefore, Vastned NV's EV-to-EBIT ratio for today is 12.75.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vastned NV's Enterprise Value is €968.29 Mil.
Vastned NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €76.13 Mil. Therefore, Vastned NV's EV-to-EBITDA ratio for today is 12.72.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vastned NV's Enterprise Value is €968.29 Mil.
Vastned NV's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €70.47 Mil. Therefore, Vastned NV's EV-to-Revenue ratio for today is 13.74.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Vastned NV's Enterprise Value is €968.29 Mil.
Vastned NV's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €23.72 Mil. Therefore, Vastned NV's EV-to-FCF ratio for today is 40.83.
*** 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.
Vastned NV (LTS:0ET5) 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.
Vastned NV's current Enterprise Value is €968.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vastned NV's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €75.93 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Vastned NV's current Enterprise Value is €968.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vastned NV's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €76.13 Mil.
Vastned NV's current Enterprise Value is €968.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vastned NV's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €70.47 Mil.
Vastned NV's current Enterprise Value is €968.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vastned NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €24.20 Mil.
Vastned NV's current Enterprise Value is €968.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Vastned NV's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €23.72 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.
Vastned NV Enterprise Value Related Terms
Vastned NV Enterprise Value Historical Data
* Premium members only.
The historical data trend for Vastned NV'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.
LTS:0ET5 vs SPG, O, KIM: Enterprise Value Comparison
For the REIT - Retail subindustry, Vastned NV'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.
Vastned NV Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Vastned NV's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Vastned NV'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.
Vastned NV'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.
Vastned NV (LTS:0ET5) has a Enterprise Value of €968.29 Mil as of Jul. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Vastned NV and its competitors.
Is Vastned NV's Enterprise Value too high?
Vastned NV's current Enterprise Value is €968.29 Mil. Overall, Vastned NV has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's Enterprise Value compare to SPG and O?
Vastned NV's Enterprise Value of €968.29 Mil can be compared against companies in the REITs 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 REITs company?
A good Enterprise Value depends on the REITs 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 Vastned NV and its competitors. Vastned NV's current Enterprise Value is €968.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Based on GuruFocus' analysis, Vastned NV (LTS:0ET5) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.89, compared to a current price of €29.59 — trading 18.9% above its estimated fair value. The current Enterprise Value is €968.29 Mil. Vastned NV's overall GF Score™ is 62/100 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 Vastned NV (LTS:0ET5), the current Enterprise Value is €968.29 Mil as of Jul. 06, 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 Vastned NV (LTS:0ET5) Overvalued in 2026?
Based on GuruFocus' analysis, Vastned NV stock appears to be overvalued.
The current stock price of €29.59 is trading 18.9% above its estimated GF Value™ of €24.89.
GuruFocus considers Vastned NV to be Modestly Overvalued.
Key valuation signals for LTS:0ET5:
Enterprise Value: €968.29 Mil
GF Value™: €24.89 vs. price of €29.59 (18.9% above fair value)
No single metric tells the full story. See the LTS:0ET5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
62GF Score
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