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, Pandora AS's Enterprise Value is $10,894 Mil.
Pandora AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,237 Mil. Therefore, Pandora AS's EV-to-EBIT ratio for today is 8.81.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Pandora AS's Enterprise Value is $10,894 Mil.
Pandora AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,645 Mil. Therefore, Pandora AS's EV-to-EBITDA ratio for today is 6.62.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Pandora AS's Enterprise Value is $10,894 Mil.
Pandora AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $5,039 Mil. Therefore, Pandora AS's EV-to-Revenue ratio for today is 2.16.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Pandora AS's Enterprise Value is $10,894 Mil.
Pandora AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $896 Mil. Therefore, Pandora AS's EV-to-FCF ratio for today is 12.15.
*** 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.
Pandora AS (OTCPK:PNDZF) 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.
Pandora AS's current Enterprise Value is $10,894 Mil.
Pandora 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 $1,237 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Pandora AS's current Enterprise Value is $10,894 Mil.
Pandora 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 $1,645 Mil.
Pandora AS's current Enterprise Value is $10,894 Mil.
Pandora 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 $5,039 Mil.
Pandora AS's current Enterprise Value is $10,894 Mil.
Pandora 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 $1,203 Mil.
Pandora AS's current Enterprise Value is $10,894 Mil.
Pandora 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 $896 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.
Pandora AS Enterprise Value Related Terms
Pandora AS Enterprise Value Historical Data
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The historical data trend for Pandora 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.
PNDZF vs TPR, SIG, CPRI: Enterprise Value Comparison
For the Luxury Goods subindustry, Pandora 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.
Pandora AS Enterprise Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Pandora AS's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Pandora AS'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.
Pandora AS'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.
Pandora AS (PNDZF) has a Enterprise Value of $10,894 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 Pandora AS and its competitors.
Is Pandora AS's Enterprise Value too high?
Pandora AS's current Enterprise Value is $10,894 Mil. Overall, Pandora AS has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pandora AS's Enterprise Value compare to TPR and SIG?
Pandora AS's Enterprise Value of $10,894 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Enterprise Value depends on the Retail - Cyclical 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 Pandora AS and its competitors. Pandora AS's current Enterprise Value is $10,894 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandora AS stock overvalued right now?
Based on GuruFocus' analysis, Pandora AS (PNDZF) is currently considered Significantly Undervalued. The stock's GF Value™ is $174.10, compared to a current price of $109.00 — trading 37.4% below its estimated fair value. The current Enterprise Value is $10,894 Mil. Pandora AS's overall GF Score™ is 71/100 with 2 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 Pandora AS (PNDZF), the current Enterprise Value is $10,894 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 Pandora AS (PNDZF) Overvalued in 2026?
Based on GuruFocus' analysis, Pandora AS stock appears to be undervalued.
The current stock price of $109.00 is trading 37.4% below its estimated GF Value™ of $174.10.
GuruFocus considers Pandora AS to be Significantly Undervalued.
Key valuation signals for PNDZF:
Enterprise Value: $10,894 Mil
GF Value™: $174.10 vs. price of $109.00 (37.4% below fair value)
No single metric tells the full story. See the PNDZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,700 concept stores globally (2,000 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for over 80% and wholesale for the remainder. Charms and bracelets account for almost three-fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
71GF Score
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