IPAS Indexo (ORSE:IDX1R) Enterprise Value: €204.45 Mil (As of Jul. 08, 2026) ***


ORSE:IDX1R IPAS Indexo ORSE:IDX1R
67 GF Score
Price €8.68
GF Value €15.15
Valuation Possible Value Trap
! 8 Warning Signs
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What is IPAS Indexo Enterprise Value?

IPAS Indexo ORSE:IDX1R 67 Enterprise Value is €204.45 Mil as of Jul. 08, 2026. GuruFocus rates ORSE:IDX1R with a GF Score™ of 67/100 and a GF Value™ of €15.15 (Possible Value Trap). The stock has 8 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, IPAS Indexo's Enterprise Value is €204.45 Mil. IPAS Indexo's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.74 Mil. Therefore, IPAS Indexo's EV-to-EBIT ratio for today is -274.79.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, IPAS Indexo's Enterprise Value is €204.45 Mil. IPAS Indexo's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €1.84 Mil. Therefore, IPAS Indexo's EV-to-EBITDA ratio for today is 111.05.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, IPAS Indexo's Enterprise Value is €204.45 Mil. IPAS Indexo's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €8.26 Mil. Therefore, IPAS Indexo's EV-to-Revenue ratio for today is 24.75.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, IPAS Indexo's Enterprise Value is €204.45 Mil. IPAS Indexo's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €-31.62 Mil. Therefore, IPAS Indexo's EV-to-OCF ratio for today is -6.47.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, IPAS Indexo's Enterprise Value is €204.45 Mil. IPAS Indexo's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-34.54 Mil. Therefore, IPAS Indexo's EV-to-FCF ratio for today is -5.92.

*** 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.


IPAS Indexo  (ORSE:IDX1R) 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.

IPAS Indexo's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=204.447/-0.744
=-274.79

IPAS Indexo's current Enterprise Value is €204.45 Mil.
IPAS Indexo'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 €-0.74 Mil.

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

IPAS Indexo's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=204.447/1.841
=111.05

IPAS Indexo's current Enterprise Value is €204.45 Mil.
IPAS Indexo'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 €1.84 Mil.

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

IPAS Indexo's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=204.447/8.259
=24.75

IPAS Indexo's current Enterprise Value is €204.45 Mil.
IPAS Indexo'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 €8.26 Mil.

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

IPAS Indexo's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=204.447/-31.619
=-6.47

IPAS Indexo's current Enterprise Value is €204.45 Mil.
IPAS Indexo'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 €-31.62 Mil.

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

IPAS Indexo's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=204.447/-34.543
=-5.92

IPAS Indexo's current Enterprise Value is €204.45 Mil.
IPAS Indexo'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 €-34.54 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.


IPAS Indexo Enterprise Value Related Terms


IPAS Indexo Enterprise Value Historical Data

* Premium members only.

The historical data trend for IPAS Indexo'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.

IPAS Indexo Enterprise Value Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 0.00 44.61 44.97 21.10 217.36

IPAS Indexo Quarterly Data
Dec20 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 19.51 18.70 30.56 217.36 206.44

ORSE:IDX1R vs BLK, BX, KKR: Enterprise Value Comparison

For the Asset Management subindustry, IPAS Indexo'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.


IPAS Indexo Enterprise Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IPAS Indexo's Enterprise Value distribution charts can be found below:

* The bar in red indicates where IPAS Indexo's Enterprise Value falls into.


ORSE:IDX1R
67GF Score
IPAS Indexo ORSE:IDX1R
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IPAS Indexo 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.

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

IPAS Indexo'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 €204.45 Mil mean?
IPAS Indexo (ORSE:IDX1R) has a Enterprise Value of €204.45 Mil as of Jul. 08, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on IPAS Indexo and its competitors.
Is IPAS Indexo's Enterprise Value too high?
IPAS Indexo's current Enterprise Value is €204.45 Mil. Overall, IPAS Indexo has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPAS Indexo's Enterprise Value compare to BLK and BX?
IPAS Indexo's Enterprise Value of €204.45 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 IPAS Indexo and its competitors. IPAS Indexo's current Enterprise Value is €204.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPAS Indexo stock overvalued right now?
Based on GuruFocus' analysis, IPAS Indexo (ORSE:IDX1R) is currently considered Possible Value Trap. The stock's GF Value™ is €15.15, compared to a current price of €8.68 — trading 42.7% below its estimated fair value. The current Enterprise Value is €204.45 Mil. IPAS Indexo's overall GF Score™ is 67/100 with 8 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 IPAS Indexo (ORSE:IDX1R), the current Enterprise Value is €204.45 Mil as of Jul. 08, 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 IPAS Indexo (ORSE:IDX1R) Overvalued in 2026?

Based on GuruFocus' analysis, IPAS Indexo stock appears to be undervalued. The current stock price of €8.68 is trading 42.7% below its estimated GF Value™ of €15.15. GuruFocus considers IPAS Indexo to be Possible Value Trap.

Key valuation signals for ORSE:IDX1R:

  • Enterprise Value: €204.45 Mil
  • GF Value™: €15.15 vs. price of €8.68 (42.7% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the ORSE:IDX1R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IPAS Indexo Business Description

Other Exchanges S9S:Germany
Address 1 Roberta Hirsa Street, Riga, LVA, 1045
IPAS Indexo is a licensed investment management company. Along with its subsidiaries, it operates in the following segments: Asset management, Bank development, and Non-bank lending. Maximum revenue is generated from the Asset Management segment, which includes management of the assets of state-funded pension scheme investment plans and private pension scheme investment plans. The Bank development segment represents the income generated from the provision of various banking services (including accepting deposits, granting loans, offering payment solutions, issuing credit cards, etc.) by its banking subsidiary, and the Non-bank lending represents its non-bank lending activities. Geographically, the group's maximum revenue is generated from Latvia, and rest from the European Economic Area.
67GF Score

Get the complete analysis for ORSE:IDX1R

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

€8.68
Price
€15.15
GF Value