NBXG (Neuberger Berman Next Generation Connectivity Fund) Enterprise Value: $1,201.0 Mil (As of Aug. 07, 2026) ***

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NBXG Neuberger Berman Next Generation Connectivity Fund Inc. NBXG
59 GF Score
Price $15.26
GF Value $18.16
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Neuberger Berman Next Generation Connectivity Fund Enterprise Value?

Neuberger Berman Next Generation Connectivity Fund NBXG +1.46% 59 Enterprise Value is $1,201.0 Mil as of Aug. 07, 2026. GuruFocus rates NBXG with a GF Score™ of 59/100 and a GF Value™ of $18.16 (Modestly Undervalued). The stock has 1 warning sign 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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Neuberger Berman Next Generation Connectivity Fund's Enterprise Value is $1,201.0 Mil. Neuberger Berman Next Generation Connectivity Fund's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was $352.6 Mil. Therefore, Neuberger Berman Next Generation Connectivity Fund's EV-to-Revenue ratio for today is 3.41.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Neuberger Berman Next Generation Connectivity Fund's Enterprise Value is $1,201.0 Mil. Neuberger Berman Next Generation Connectivity Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $105.6 Mil. Therefore, Neuberger Berman Next Generation Connectivity Fund's EV-to-OCF ratio for today is 11.38.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Neuberger Berman Next Generation Connectivity Fund's Enterprise Value is $1,201.0 Mil. Neuberger Berman Next Generation Connectivity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $105.6 Mil. Therefore, Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF ratio for today is 11.38.

*** 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.


Neuberger Berman Next Generation Connectivity Fund  (NYSE:NBXG) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

Neuberger Berman Next Generation Connectivity Fund's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1200.990/352.643
=3.41

Neuberger Berman Next Generation Connectivity Fund's current Enterprise Value is $1,201.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman Next Generation Connectivity Fund's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was $352.6 Mil.

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

Neuberger Berman Next Generation Connectivity Fund's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1200.990/105.566
=11.38

Neuberger Berman Next Generation Connectivity Fund's current Enterprise Value is $1,201.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman Next Generation Connectivity Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $105.6 Mil.

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

Neuberger Berman Next Generation Connectivity Fund's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1200.990/105.566
=11.38

Neuberger Berman Next Generation Connectivity Fund's current Enterprise Value is $1,201.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Neuberger Berman Next Generation Connectivity Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $105.6 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.


Neuberger Berman Next Generation Connectivity Fund Enterprise Value Related Terms


Neuberger Berman Next Generation Connectivity Fund Enterprise Value Historical Data

* Premium members only.

The historical data trend for Neuberger Berman Next Generation Connectivity Fund'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.

Neuberger Berman Next Generation Connectivity Fund Enterprise Value Chart

Neuberger Berman Next Generation Connectivity Fund Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Enterprise Value
0.00 755.22 750.78 986.90 1,200.27

Neuberger Berman Next Generation Connectivity Fund Semi-Annual Data
Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 911.45 986.90 960.11 1,200.27 1,147.42

NBXG vs FRBP, DSL, EOS: Enterprise Value Comparison

For the Asset Management subindustry, Neuberger Berman Next Generation Connectivity Fund'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.


Neuberger Berman Next Generation Connectivity Fund Enterprise Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Next Generation Connectivity Fund's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Next Generation Connectivity Fund's Enterprise Value falls into.


NBXG
59GF Score
Neuberger Berman Next Generation Connectivity Fund Inc. NBXG
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Neuberger Berman Next Generation Connectivity Fund 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.

Neuberger Berman Next Generation Connectivity Fund's Enterprise Value for the fiscal year that ended in Oct. 2025 is calculated as

Neuberger Berman Next Generation Connectivity Fund's Enterprise Value for the quarter that ended in Apr. 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 $1,201.0 Mil mean?
Neuberger Berman Next Generation Connectivity Fund (NBXG) has a Enterprise Value of $1,201.0 Mil as of Aug. 07, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Neuberger Berman Next Generation Connectivity Fund and its competitors.
Is Neuberger Berman Next Generation Connectivity Fund's Enterprise Value too high?
Neuberger Berman Next Generation Connectivity Fund's current Enterprise Value is $1,201.0 Mil. Overall, Neuberger Berman Next Generation Connectivity Fund has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Neuberger Berman Next Generation Connectivity Fund's Enterprise Value compare to FRBP and DSL?
Neuberger Berman Next Generation Connectivity Fund's Enterprise Value of $1,201.0 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 Neuberger Berman Next Generation Connectivity Fund and its competitors. Neuberger Berman Next Generation Connectivity Fund's current Enterprise Value is $1,201.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neuberger Berman Next Generation Connectivity Fund stock overvalued right now?
Based on GuruFocus' analysis, Neuberger Berman Next Generation Connectivity Fund (NBXG) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.16, compared to a current price of $15.26 — trading 16% below its estimated fair value. The current Enterprise Value is $1,201.0 Mil. Neuberger Berman Next Generation Connectivity Fund's overall GF Score™ is 59/100 with 1 warning sign 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 Neuberger Berman Next Generation Connectivity Fund (NBXG), the current Enterprise Value is $1,201.0 Mil as of Aug. 07, 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 Neuberger Berman Next Generation Connectivity Fund (NBXG) Overvalued in 2026?

Based on GuruFocus' analysis, Neuberger Berman Next Generation Connectivity Fund stock appears to be undervalued. The current stock price of $15.26 is trading 16% below its estimated GF Value™ of $18.16. GuruFocus considers Neuberger Berman Next Generation Connectivity Fund to be Modestly Undervalued.

Key valuation signals for NBXG:

  • Enterprise Value: $1,201.0 Mil
  • GF Value™: $18.16 vs. price of $15.26 (16% below fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the NBXG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neuberger Berman Next Generation Connectivity Fund Business Description

Address c/o Neuberger Berman Investment Advisers LLC, 1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Next Generation Connectivity Fund Inc. is a non-diversified, closed-end management investment company. The fund's investment objectives are to provide capital appreciation and income. Under normal market conditions, the Fund will invest at least 80% of its total assets in equity securities issued by U.S. and non-U.S. companies, in any market capitalization range, that is relevant to the theme of investing in NextGen Companies.
59GF Score

Get the complete analysis for NBXG

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

$15.26
Price
$18.16
GF Value