Frog Innovations (NSE:FROG) Enterprise Value: ₹2,677 Mil (As of Jun. 30, 2026) ***


NSE:FROG Frog Innovations Ltd NSE:FROG
71 GF Score
Price ₹167.55
GF Value ₹344.02
Valuation Possible Value Trap
! 3 Warning Signs
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What is Frog Innovations Enterprise Value?

Frog Innovations NSE:FROG -0.30% 71 Enterprise Value is ₹2,677 Mil as of Jun. 30, 2026. GuruFocus rates NSE:FROG with a GF Score™ of 71/100 and a GF Value™ of ₹344.02 (Possible Value Trap). The stock has 3 warning signs 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, Frog Innovations's Enterprise Value is ₹2,677 Mil. Frog Innovations's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was ₹280 Mil. Therefore, Frog Innovations's EV-to-EBIT ratio for today is 9.58.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Frog Innovations's Enterprise Value is ₹2,677 Mil. Frog Innovations's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was ₹323 Mil. Therefore, Frog Innovations's EV-to-EBITDA ratio for today is 8.29.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Frog Innovations's Enterprise Value is ₹2,677 Mil. Frog Innovations's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was ₹1,889 Mil. Therefore, Frog Innovations's EV-to-Revenue ratio for today is 1.42.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Frog Innovations's Enterprise Value is ₹2,677 Mil. Frog Innovations's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was ₹-28 Mil. Therefore, Frog Innovations's EV-to-OCF ratio for today is -96.10.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Frog Innovations's Enterprise Value is ₹2,677 Mil. Frog Innovations's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was ₹-232 Mil. Therefore, Frog Innovations's EV-to-FCF ratio for today is -11.54.

*** 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.


Frog Innovations  (NSE:FROG) 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.

Frog Innovations's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2676.997/279.516
=9.58

Frog Innovations's current Enterprise Value is ₹2,677 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Frog Innovations's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was ₹280 Mil.

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

Frog Innovations's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2676.997/323.015
=8.29

Frog Innovations's current Enterprise Value is ₹2,677 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Frog Innovations's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was ₹323 Mil.

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

Frog Innovations's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2676.997/1888.627
=1.42

Frog Innovations's current Enterprise Value is ₹2,677 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Frog Innovations's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was ₹1,889 Mil.

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

Frog Innovations's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2676.997/-27.857
=-96.10

Frog Innovations's current Enterprise Value is ₹2,677 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Frog Innovations's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was ₹-28 Mil.

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

Frog Innovations's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2676.997/-231.876
=-11.54

Frog Innovations's current Enterprise Value is ₹2,677 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Frog Innovations's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was ₹-232 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.


Frog Innovations Enterprise Value Related Terms


Frog Innovations Enterprise Value Historical Data

* Premium members only.

The historical data trend for Frog Innovations'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.

Frog Innovations Enterprise Value Chart

Frog Innovations Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Enterprise Value
Get a 7-Day Free Trial 0.00 0.00 1,978.44 2,574.55 3,508.65

Frog Innovations Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,550.19 2,574.55 4,553.22 3,508.65 3,795.83

NSE:FROG vs CSCO, CIEN, MSI: Enterprise Value Comparison

For the Communication Equipment subindustry, Frog Innovations'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.


Frog Innovations Enterprise Value vs Hardware Industry

For the Hardware industry and Technology sector, Frog Innovations's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Frog Innovations's Enterprise Value falls into.


NSE:FROG
71GF Score
Frog Innovations Ltd NSE:FROG
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Frog Innovations 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.

Frog Innovations's Enterprise Value for the fiscal year that ended in Mar. 2025 is calculated as

Frog Innovations's Enterprise Value for the quarter that ended in Sep. 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹2,677 Mil mean?
Frog Innovations (NSE:FROG) has a Enterprise Value of ₹2,677 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 Frog Innovations and its competitors.
Is Frog Innovations' Enterprise Value too high?
Frog Innovations' current Enterprise Value is ₹2,677 Mil. Overall, Frog Innovations has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frog Innovations' Enterprise Value compare to CSCO and CIEN?
Frog Innovations' Enterprise Value of ₹2,677 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Enterprise Value depends on the Hardware 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 Frog Innovations and its competitors. Frog Innovations's current Enterprise Value is ₹2,677 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frog Innovations stock overvalued right now?
Based on GuruFocus' analysis, Frog Innovations (NSE:FROG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹344.02, compared to a current price of ₹167.55 — trading 51.3% below its estimated fair value. The current Enterprise Value is ₹2,677 Mil. Frog Innovations' overall GF Score™ is 71/100 with 3 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 Frog Innovations (NSE:FROG), the current Enterprise Value is ₹2,677 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 Frog Innovations (NSE:FROG) Overvalued in 2026?

Based on GuruFocus' analysis, Frog Innovations stock appears to be undervalued. The current stock price of ₹167.55 is trading 51.3% below its estimated GF Value™ of ₹344.02. GuruFocus considers Frog Innovations to be Possible Value Trap.

Key valuation signals for NSE:FROG:

  • Enterprise Value: ₹2,677 Mil
  • GF Value™: ₹344.02 vs. price of ₹167.55 (51.3% below fair value)
  • GF Score™: 71/100 with 3 warning signs

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


Frog Innovations Business Description

Address C-23, Sector 80, 2nd Floor, Phase 2, Noida, UP, IND, 201305
Frog Innovations Ltd is a company engaged in manufacturing telecom equipment used by telecom operators, especially in Telecom Towers. The company manufactures 2G/3G/4G/5G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeaters, Multi-band Optical DAS systems, relative software, and accessories. The company also offers In-Building Coverage Planning and Design services along with Radio Access Network (RAN) and Backhaul Network installation services. The company collectively operates only in one business segment manufacturing and installation of in-building coverage solutions and mobile network accessories for mobile service providers and operators. It provides its products and services across Asia, Europe, Africa, and the Middle East.
71GF Score

Get the complete analysis for NSE:FROG

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

₹167.55
Price
₹344.02
GF Value