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.
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.
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, Front Ventures's Enterprise Value is kr131.43 Mil.
Front Ventures's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.10 Mil. Therefore, Front Ventures's EV-to-EBIT ratio for today is -18.52.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Front Ventures's Enterprise Value is kr131.43 Mil.
Front Ventures's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.10 Mil. Therefore, Front Ventures's EV-to-EBITDA ratio for today is -18.52.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Front Ventures's Enterprise Value is kr131.43 Mil.
Front Ventures's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was kr3.98 Mil. Therefore, Front Ventures's EV-to-Revenue ratio for today is 33.01.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Front Ventures's Enterprise Value is kr131.43 Mil.
Front Ventures's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was kr-5.49 Mil. Therefore, Front Ventures's EV-to-FCF ratio for today is -23.96.
*** 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.
Front Ventures (NGM:FRNT B) 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.
Front Ventures's current Enterprise Value is kr131.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Front Ventures's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.10 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Front Ventures's current Enterprise Value is kr131.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Front Ventures's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr-7.10 Mil.
Front Ventures's current Enterprise Value is kr131.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Front Ventures's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was kr3.98 Mil.
Front Ventures's current Enterprise Value is kr131.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Front Ventures's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was kr-5.49 Mil.
Front Ventures's current Enterprise Value is kr131.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Front Ventures's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was kr-5.49 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.
Front Ventures Enterprise Value Related Terms
Front Ventures Enterprise Value Historical Data
* Premium members only.
The historical data trend for Front Ventures'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.
NGM:FRNT B vs V, MA, AXP: Enterprise Value Comparison
For the Credit Services subindustry, Front Ventures'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.
Front Ventures Enterprise Value vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Front Ventures's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Front Ventures'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.
Front Ventures'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.
What does a Enterprise Value of kr131.43 Mil mean?
Front Ventures (NGM:FRNT B) has a Enterprise Value of kr131.43 Mil as of Jul. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Front Ventures and its competitors.
Is Front Ventures' Enterprise Value too high?
Front Ventures' current Enterprise Value is kr131.43 Mil. Overall, Front Ventures has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Front Ventures' Enterprise Value compare to V and MA?
Front Ventures' Enterprise Value of kr131.43 Mil can be compared against companies in the Credit 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 Credit Services company?
A good Enterprise Value depends on the Credit 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 Front Ventures and its competitors. Front Ventures's current Enterprise Value is kr131.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Front Ventures stock overvalued right now?
Based on GuruFocus' analysis, Front Ventures (NGM:FRNT B) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.54, compared to a current price of kr14.06 — trading 453.5% above its estimated fair value. The current Enterprise Value is kr131.43 Mil. Front Ventures' overall GF Score™ is 47/100 with 4 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 Front Ventures (NGM:FRNT B), the current Enterprise Value is kr131.43 Mil as of Jul. 25, 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 Front Ventures (NGM:FRNT B) Overvalued in 2026?
Based on GuruFocus' analysis, Front Ventures stock appears to be overvalued.
The current stock price of kr14.06 is trading 453.5% above its estimated GF Value™ of kr2.54.
GuruFocus considers Front Ventures to be Significantly Overvalued.
Key valuation signals for NGM:FRNT B:
Enterprise Value: kr131.43 Mil
GF Value™: kr2.54 vs. price of kr14.06 (453.5% above fair value)
No single metric tells the full story. See the NGM:FRNT B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Front Ventures is an investment company that focuses on the fintech sector. The firm focuses on acquiring and growing smaller public and unlisted companies, including those that may be undergoing a turnaround or need growth capital.
47GF Score
Get the complete analysis for NGM:FRNT B
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NGM:FRNT B has been successfully added to your 
