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, Photon Energy NV's Enterprise Value is zł799.1 Mil.
Photon Energy NV's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł-30.7 Mil. Therefore, Photon Energy NV's EV-to-EBIT ratio for today is -26.00.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Photon Energy NV's Enterprise Value is zł799.1 Mil.
Photon Energy NV's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł13.3 Mil. Therefore, Photon Energy NV's EV-to-EBITDA ratio for today is 60.31.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Photon Energy NV's Enterprise Value is zł799.1 Mil.
Photon Energy NV's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was zł364.1 Mil. Therefore, Photon Energy NV's EV-to-Revenue ratio for today is 2.19.
*** 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.
Photon Energy NV (WAR:PEN) 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.
Photon Energy NV's current Enterprise Value is zł799.1 Mil.
Photon Energy NV'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 zł-30.7 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Photon Energy NV's current Enterprise Value is zł799.1 Mil.
Photon Energy NV'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 zł13.3 Mil.
Photon Energy NV's current Enterprise Value is zł799.1 Mil.
Photon Energy NV'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 zł364.1 Mil.
Photon Energy NV's current Enterprise Value is zł799.1 Mil.
Photon Energy NV'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 zł77.4 Mil.
Photon Energy NV's current Enterprise Value is zł799.1 Mil.
Photon Energy NV'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 zł55.8 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.
Photon Energy NV Enterprise Value Related Terms
Photon Energy NV Enterprise Value Historical Data
* Premium members only.
The historical data trend for Photon Energy NV'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.
WAR:PEN vs FSLR, NXT, ENPH: Enterprise Value Comparison
For the Solar subindustry, Photon Energy NV'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.
Photon Energy NV Enterprise Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Photon Energy NV's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Photon Energy NV'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.
Photon Energy NV'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.
Photon Energy NV (WAR:PEN) has a Enterprise Value of zł799.1 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 Photon Energy NV and its competitors.
Is Photon Energy NV's Enterprise Value too high?
Photon Energy NV's current Enterprise Value is zł799.1 Mil. Overall, Photon Energy NV has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Photon Energy NV's Enterprise Value compare to FSLR and NXT?
Photon Energy NV's Enterprise Value of zł799.1 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Enterprise Value depends on the Semiconductors 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 Photon Energy NV and its competitors. Photon Energy NV's current Enterprise Value is zł799.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photon Energy NV stock overvalued right now?
Based on GuruFocus' analysis, Photon Energy NV (WAR:PEN) is currently considered Possible Value Trap. The stock's GF Value™ is zł6.63, compared to a current price of zł1.22 — trading 81.6% below its estimated fair value. The current Enterprise Value is zł799.1 Mil. Photon Energy NV's overall GF Score™ is 54/100 with 6 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 Photon Energy NV (WAR:PEN), the current Enterprise Value is zł799.1 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 Photon Energy NV (WAR:PEN) Overvalued in 2026?
Based on GuruFocus' analysis, Photon Energy NV stock appears to be undervalued.
The current stock price of zł1.22 is trading 81.6% below its estimated GF Value™ of zł6.63.
GuruFocus considers Photon Energy NV to be Possible Value Trap.
Key valuation signals for WAR:PEN:
Enterprise Value: zł799.1 Mil
GF Value™: zł6.63 vs. price of zł1.22 (81.6% below fair value)
No single metric tells the full story. See the WAR:PEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Photon Energy NV is an investment holding company. It engages in the provision of solar power solutions and services. The company covers the entire life cycle of solar power systems. It operates through the following business segments: Engineering, Technology, Investment, Operations and Maintenance, New Energy, and Others. It generates the majority of its revenue from the New Energy segment. It has operations in the Czech Republic, Hungary, Poland, Australia, Romania, the Slovak Republic, and Germany. The firm generates the majority of revenue from the Czech Republic.
54GF Score
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