Secure Electronic Technology (NSA:NSLTECH) Enterprise Value: ₦4,191 Mil (As of Jun. 30, 2026) ***


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
10 GF Score
Price ₦0.75
GF Value ₦0.36
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Secure Electronic Technology Enterprise Value?

Secure Electronic Technology NSA:NSLTECH -1.32% 10 Enterprise Value is ₦4,191 Mil as of Jun. 30, 2026. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.36 (Significantly Overvalued). 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. As of today, Secure Electronic Technology's Enterprise Value is ₦4,191 Mil. Secure Electronic Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-88 Mil. Therefore, Secure Electronic Technology's EV-to-EBIT ratio for today is -47.79.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Secure Electronic Technology's Enterprise Value is ₦4,191 Mil. Secure Electronic Technology's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was ₦25 Mil. Therefore, Secure Electronic Technology's EV-to-EBITDA ratio for today is 166.61.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Secure Electronic Technology's Enterprise Value is ₦4,191 Mil. Secure Electronic Technology's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 was ₦4,348 Mil. Therefore, Secure Electronic Technology's EV-to-Revenue ratio for today is 0.96.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Secure Electronic Technology's Enterprise Value is ₦4,191 Mil. Secure Electronic Technology's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-34 Mil. Therefore, Secure Electronic Technology's EV-to-OCF ratio for today is -122.51.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Secure Electronic Technology's Enterprise Value is ₦4,191 Mil. Secure Electronic Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-42 Mil. Therefore, Secure Electronic Technology's EV-to-FCF ratio for today is -98.82.

*** 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.


Secure Electronic Technology  (NSA:NSLTECH) 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.

Secure Electronic Technology's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4190.999/-87.703
=-47.79

Secure Electronic Technology's current Enterprise Value is ₦4,191 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Secure Electronic Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-88 Mil.

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

Secure Electronic Technology's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=4190.999/25.154
=166.61

Secure Electronic Technology's current Enterprise Value is ₦4,191 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Secure Electronic Technology's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was ₦25 Mil.

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

Secure Electronic Technology's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=4190.999/4347.604
=0.96

Secure Electronic Technology's current Enterprise Value is ₦4,191 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Secure Electronic Technology's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 was ₦4,348 Mil.

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

Secure Electronic Technology's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=4190.999/-34.21
=-122.51

Secure Electronic Technology's current Enterprise Value is ₦4,191 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Secure Electronic Technology's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-34 Mil.

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

Secure Electronic Technology's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4190.999/-42.41
=-98.82

Secure Electronic Technology's current Enterprise Value is ₦4,191 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Secure Electronic Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 was ₦-42 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.


Secure Electronic Technology Enterprise Value Related Terms


Secure Electronic Technology Enterprise Value Historical Data

* Premium members only.

The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Enterprise Value Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Enterprise Value
1,097.18 1,182.57 4,097.43 3,515.21

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Enterprise Value 1,097.18 1,182.57 4,097.43 3,515.21

NSA:NSLTECH vs FLUT, DKNG, SGHC: Enterprise Value Comparison

For the Gambling subindustry, Secure Electronic Technology'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.


Secure Electronic Technology Enterprise Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Secure Electronic Technology's Enterprise Value falls into.


NSA:NSLTECH
10GF Score
Secure Electronic Technology PLC NSA:NSLTECH
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Electronic Technology 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.

Secure Electronic Technology's Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as

Secure Electronic Technology's Enterprise Value for the quarter that ended in Dec. 2024 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 ₦4,191 Mil mean?
Secure Electronic Technology (NSA:NSLTECH) has a Enterprise Value of ₦4,191 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Secure Electronic Technology and its competitors.
Is Secure Electronic Technology's Enterprise Value too high?
Secure Electronic Technology's current Enterprise Value is ₦4,191 Mil. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Enterprise Value compare to FLUT and DKNG?
Secure Electronic Technology's Enterprise Value of ₦4,191 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure 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 Secure Electronic Technology and its competitors. Secure Electronic Technology's current Enterprise Value is ₦4,191 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.36, compared to a current price of ₦0.75 — trading 108.3% above its estimated fair value. The current Enterprise Value is ₦4,191 Mil. Secure Electronic Technology's overall GF Score™ is 10/100 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 Secure Electronic Technology (NSA:NSLTECH), the current Enterprise Value is ₦4,191 Mil as of Jun. 30, 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.75 is trading 108.3% above its estimated GF Value™ of ₦0.36. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • Enterprise Value: ₦4,191 Mil
  • GF Value™: ₦0.36 vs. price of ₦0.75 (108.3% above fair value)
  • GF Score™: 10/100 with 1 warning sign

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


Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
10GF Score

Get the complete analysis for NSA:NSLTECH

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

₦0.75
Price
₦0.36
GF Value