Paul Hartmann AG (STU:PHH2) Enterprise Value: €970 Mil (As of Jul. 05, 2026) ***


STU:PHH2 Paul Hartmann AG STU:PHH2
62 GF Score
Price €204.00
GF Value €225.24
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Paul Hartmann AG Enterprise Value?

Paul Hartmann AG STU:PHH2 62 Enterprise Value is €970 Mil as of Jul. 05, 2026. GuruFocus rates STU:PHH2 with a GF Score™ of 62/100 and a GF Value™ of €225.24 (Modestly Undervalued). The stock has 4 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, Paul Hartmann AG's Enterprise Value is €970 Mil. Paul Hartmann AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €126 Mil. Therefore, Paul Hartmann AG's EV-to-EBIT ratio for today is 7.71.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Paul Hartmann AG's Enterprise Value is €970 Mil. Paul Hartmann AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €235 Mil. Therefore, Paul Hartmann AG's EV-to-EBITDA ratio for today is 4.13.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Paul Hartmann AG's Enterprise Value is €970 Mil. Paul Hartmann AG's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €2,450 Mil. Therefore, Paul Hartmann AG's EV-to-Revenue ratio for today is 0.40.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Paul Hartmann AG's Enterprise Value is €970 Mil. Paul Hartmann AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €155 Mil. Therefore, Paul Hartmann AG's EV-to-OCF ratio for today is 6.27.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Paul Hartmann AG's Enterprise Value is €970 Mil. Paul Hartmann AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €155 Mil. Therefore, Paul Hartmann AG's EV-to-FCF ratio for today is 6.27.

*** 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.


Paul Hartmann AG  (STU:PHH2) 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.

Paul Hartmann AG's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=970.220/125.914
=7.71

Paul Hartmann AG's current Enterprise Value is €970 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Paul Hartmann AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €126 Mil.

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

Paul Hartmann AG's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=970.220/234.82
=4.13

Paul Hartmann AG's current Enterprise Value is €970 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Paul Hartmann AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €235 Mil.

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

Paul Hartmann AG's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=970.220/2449.619
=0.40

Paul Hartmann AG's current Enterprise Value is €970 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Paul Hartmann AG's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €2,450 Mil.

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

Paul Hartmann AG's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=970.220/154.853
=6.27

Paul Hartmann AG's current Enterprise Value is €970 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Paul Hartmann AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €155 Mil.

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

Paul Hartmann AG's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=970.220/154.853
=6.27

Paul Hartmann AG's current Enterprise Value is €970 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Paul Hartmann AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €155 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.


Paul Hartmann AG Enterprise Value Related Terms


Paul Hartmann AG Enterprise Value Historical Data

* Premium members only.

The historical data trend for Paul Hartmann AG'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.

Paul Hartmann AG Enterprise Value Chart

Paul Hartmann AG 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 1,162.92 932.24 874.94 958.25 1,048.41

Paul Hartmann AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 874.94 756.56 958.25 905.67 1,048.41

STU:PHH2 vs ISRG, BDX, MDLN: Enterprise Value Comparison

For the Medical Instruments & Supplies subindustry, Paul Hartmann AG'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.


Paul Hartmann AG Enterprise Value vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Paul Hartmann AG's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Paul Hartmann AG's Enterprise Value falls into.


STU:PHH2
62GF Score
Paul Hartmann AG STU:PHH2
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Paul Hartmann AG 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.

Paul Hartmann AG's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Paul Hartmann AG's Enterprise Value for the quarter 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €970 Mil mean?
Paul Hartmann AG (STU:PHH2) has a Enterprise Value of €970 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Paul Hartmann AG and its competitors.
Is Paul Hartmann AG's Enterprise Value too high?
Paul Hartmann AG's current Enterprise Value is €970 Mil. Overall, Paul Hartmann AG has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paul Hartmann AG's Enterprise Value compare to ISRG and BDX?
Paul Hartmann AG's Enterprise Value of €970 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Enterprise Value depends on the Medical Devices & Instruments 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 Paul Hartmann AG and its competitors. Paul Hartmann AG's current Enterprise Value is €970 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paul Hartmann AG stock overvalued right now?
Based on GuruFocus' analysis, Paul Hartmann AG (STU:PHH2) is currently considered Modestly Undervalued. The stock's GF Value™ is €225.24, compared to a current price of €204.00 — trading 9.4% below its estimated fair value. The current Enterprise Value is €970 Mil. Paul Hartmann AG's overall GF Score™ is 62/100 with 4 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 Paul Hartmann AG (STU:PHH2), the current Enterprise Value is €970 Mil as of Jul. 05, 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 Paul Hartmann AG (STU:PHH2) Overvalued in 2026?

Based on GuruFocus' analysis, Paul Hartmann AG stock appears to be undervalued. The current stock price of €204.00 is trading 9.4% below its estimated GF Value™ of €225.24. GuruFocus considers Paul Hartmann AG to be Modestly Undervalued.

Key valuation signals for STU:PHH2:

  • Enterprise Value: €970 Mil
  • GF Value™: €225.24 vs. price of €204.00 (9.4% below fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the STU:PHH2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paul Hartmann AG Business Description

Other Exchanges PHH2:Germany
Address Paul-Hartmann-Strasse 12, Heidenheim, DEU, 89522
Paul Hartmann AG engages in the production of medical and hygiene products. It operates through Wound Management, Incontinence Management and Infection Management and other segments. The Wound segment comprises wound dressing and treatment, compression therapy, first aid, immobilization, and diagnostics. The Incontinence segment provides incontinence hygiene, patient care, and medical skin care. The Infection segment consists of custom procedure trays, surgical draping systems, disposable surgical instruments, and disinfectants. The Other activities include activities in cotton-wool products, medical consumer goods and pharmaceutical products and others. All the activities are functioned through the region of US and derive revenue through the sale of medical and hygiene products.
62GF Score

Get the complete analysis for STU:PHH2

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

€204.00
Price
€225.24
GF Value