Tivoli AS (OCSE:TIV) Enterprise Value: kr3,986 Mil (As of Jul. 01, 2026) ***


OCSE:TIV Tivoli AS OCSE:TIV
80 GF Score
Price kr628.00
GF Value kr739.89
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Tivoli AS Enterprise Value?

Tivoli AS OCSE:TIV +0.64% 80 Enterprise Value is kr3,986 Mil as of Jul. 01, 2026. GuruFocus rates OCSE:TIV with a GF Score™ of 80/100 and a GF Value™ of kr739.89 (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. As of today, Tivoli AS's Enterprise Value is kr3,986 Mil. Tivoli AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr155 Mil. Therefore, Tivoli AS's EV-to-EBIT ratio for today is 25.77.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tivoli AS's Enterprise Value is kr3,986 Mil. Tivoli AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr275 Mil. Therefore, Tivoli AS's EV-to-EBITDA ratio for today is 14.51.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tivoli AS's Enterprise Value is kr3,986 Mil. Tivoli AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was kr1,355 Mil. Therefore, Tivoli AS's EV-to-Revenue ratio for today is 2.94.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Tivoli AS's Enterprise Value is kr3,986 Mil. Tivoli AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was kr221 Mil. Therefore, Tivoli AS's EV-to-OCF ratio for today is 18.05.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Tivoli AS's Enterprise Value is kr3,986 Mil. Tivoli AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr20 Mil. Therefore, Tivoli AS's EV-to-FCF ratio for today is 197.34.

*** 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.


Tivoli AS  (OCSE:TIV) 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.

Tivoli AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3986.262/154.7
=25.77

Tivoli AS's current Enterprise Value is kr3,986 Mil.
Tivoli AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr155 Mil.

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

Tivoli AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3986.262/274.7
=14.51

Tivoli AS's current Enterprise Value is kr3,986 Mil.
Tivoli AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr275 Mil.

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

Tivoli AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3986.262/1355.3
=2.94

Tivoli AS's current Enterprise Value is kr3,986 Mil.
Tivoli AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,355 Mil.

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

Tivoli AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3986.262/220.8
=18.05

Tivoli AS's current Enterprise Value is kr3,986 Mil.
Tivoli AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr221 Mil.

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

Tivoli AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3986.262/20.2
=197.34

Tivoli AS's current Enterprise Value is kr3,986 Mil.
Tivoli AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr20 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.


Tivoli AS Enterprise Value Related Terms


Tivoli AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for Tivoli AS'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.

Tivoli AS Enterprise Value Chart

Tivoli AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,015.57 4,639.29 4,294.37 3,998.95 3,659.03

Tivoli AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,998.98 3,910.94 3,728.16 3,659.03 3,963.61

OCSE:TIV vs AS, HAS, LTH: Enterprise Value Comparison

For the Leisure subindustry, Tivoli AS'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.


Tivoli AS Enterprise Value vs Travel & Leisure Industry

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

* The bar in red indicates where Tivoli AS's Enterprise Value falls into.


OCSE:TIV
80GF Score
Tivoli AS OCSE:TIV
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tivoli AS 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.

Tivoli AS's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Tivoli AS's Enterprise Value for the quarter that ended in Mar. 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 kr3,986 Mil mean?
Tivoli AS (OCSE:TIV) has a Enterprise Value of kr3,986 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tivoli AS and its competitors.
Is Tivoli AS's Enterprise Value too high?
Tivoli AS's current Enterprise Value is kr3,986 Mil. Overall, Tivoli AS has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tivoli AS's Enterprise Value compare to AS and HAS?
Tivoli AS's Enterprise Value of kr3,986 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 Tivoli AS and its competitors. Tivoli AS's current Enterprise Value is kr3,986 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tivoli AS stock overvalued right now?
Based on GuruFocus' analysis, Tivoli AS (OCSE:TIV) is currently considered Modestly Undervalued. The stock's GF Value™ is kr739.89, compared to a current price of kr628.00 — trading 15.1% below its estimated fair value. The current Enterprise Value is kr3,986 Mil. Tivoli AS's overall GF Score™ is 80/100 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 Tivoli AS (OCSE:TIV), the current Enterprise Value is kr3,986 Mil as of Jul. 01, 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 Tivoli AS (OCSE:TIV) Overvalued in 2026?

Based on GuruFocus' analysis, Tivoli AS stock appears to be undervalued. The current stock price of kr628.00 is trading 15.1% below its estimated GF Value™ of kr739.89. GuruFocus considers Tivoli AS to be Modestly Undervalued.

Key valuation signals for OCSE:TIV:

  • Enterprise Value: kr3,986 Mil
  • GF Value™: kr739.89 vs. price of kr628.00 (15.1% below fair value)
  • GF Score™: 80/100 with 1 warning sign

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


Tivoli AS Business Description

Address Vesterbrogade 3, Copenhagen, DNK, 1630
Tivoli AS operates Tivoli amusement park, located in central Copenhagen. It provides services like rides, music, entertainment, food, and drink. Its amusement park includes a green park, a concert hall, a theatre, and a circus. The company operates in six business segments: Games, Food & Beverage, High-End, Enterprise Rental, Sales, and Culture. It generates the majority of its revenue from the Sales segment.
80GF Score

Get the complete analysis for OCSE:TIV

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

kr628.00
Price
kr739.89
GF Value