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, Demant AS's Enterprise Value is €10,182 Mil.
Demant AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €490 Mil. Therefore, Demant AS's EV-to-EBIT ratio for today is 20.80.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Demant AS's Enterprise Value is €10,182 Mil.
Demant AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €490 Mil. Therefore, Demant AS's EV-to-EBITDA ratio for today is 20.80.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Demant AS's Enterprise Value is €10,182 Mil.
Demant AS's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €3,077 Mil. Therefore, Demant AS's EV-to-Revenue ratio for today is 3.31.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Demant AS's Enterprise Value is €10,182 Mil.
Demant AS's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €401 Mil. Therefore, Demant AS's EV-to-FCF ratio for today is 25.38.
*** 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.
Demant AS (WBO:DEMA) 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.
Demant AS's current Enterprise Value is €10,182 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Demant AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €490 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Demant AS's current Enterprise Value is €10,182 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Demant AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €490 Mil.
Demant AS's current Enterprise Value is €10,182 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Demant AS's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €3,077 Mil.
Demant AS's current Enterprise Value is €10,182 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Demant AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €516 Mil.
Demant AS's current Enterprise Value is €10,182 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Demant AS's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €401 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.
Demant AS Enterprise Value Related Terms
Demant AS Enterprise Value Historical Data
* Premium members only.
The historical data trend for Demant 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.
WBO:DEMA vs ABT, SYK, MDT: Enterprise Value Comparison
For the Medical Devices subindustry, Demant 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.
Demant AS Enterprise Value vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Demant AS's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Demant 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.
Demant 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.
Demant AS (WBO:DEMA) has a Enterprise Value of €10,182 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 Demant AS and its competitors.
Is Demant AS's Enterprise Value too high?
Demant AS's current Enterprise Value is €10,182 Mil. Overall, Demant AS has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Demant AS's Enterprise Value compare to ABT and SYK?
Demant AS's Enterprise Value of €10,182 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 Demant AS and its competitors. Demant AS's current Enterprise Value is €10,182 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Demant AS stock overvalued right now?
Demant AS (WBO:DEMA) has a current Enterprise Value of €10,182 Mil. The stock's GF Value™ is €42.05, compared to a current price of €35.96 — trading 14.5% below its estimated fair value. The current Enterprise Value is €10,182 Mil. Demant AS's overall GF Score™ is 97/100 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 Demant AS (WBO:DEMA), the current Enterprise Value is €10,182 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 Demant AS (WBO:DEMA) Overvalued in 2026?
Based on GuruFocus' analysis, Demant AS stock appears to be undervalued.
The current stock price of €35.96 is trading 14.5% below its estimated GF Value™ of €42.05.
Key valuation signals for WBO:DEMA:
Enterprise Value: €10,182 Mil
GF Value™: €42.05 vs. price of €35.96 (14.5% below fair value)
No single metric tells the full story. See the WBO:DEMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Demant is a Denmark-based manufacturer and distributor of hearing solutions, such as hearing aid devices and diagnostic equipment. More than 80% of the company's sales come from North America and Europe.
97GF Score
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