Toplofikatsia Ruse AD (XBUL:TPLR) Enterprise Value: €130.4 Mil (As of Jul. 20, 2026) ***

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XBUL:TPLR Toplofikatsia Ruse AD XBUL:TPLR
9 GF Score
Price €4.60
! 4 Warning Signs
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What is Toplofikatsia Ruse AD Enterprise Value?

Toplofikatsia Ruse AD XBUL:TPLR 9 Enterprise Value is €130.4 Mil as of Jul. 20, 2026. GuruFocus rates XBUL:TPLR with a GF Score™ of 9/100. 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, Toplofikatsia Ruse AD's Enterprise Value is €130.4 Mil. Toplofikatsia Ruse AD's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €17.9 Mil. Therefore, Toplofikatsia Ruse AD's EV-to-EBIT ratio for today is 7.30.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Toplofikatsia Ruse AD's Enterprise Value is €130.4 Mil. Toplofikatsia Ruse AD's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €21.1 Mil. Therefore, Toplofikatsia Ruse AD's EV-to-EBITDA ratio for today is 6.18.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Toplofikatsia Ruse AD's Enterprise Value is €130.4 Mil. Toplofikatsia Ruse AD's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €101.1 Mil. Therefore, Toplofikatsia Ruse AD's EV-to-Revenue ratio for today is 1.29.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Toplofikatsia Ruse AD's Enterprise Value is €130.4 Mil. Toplofikatsia Ruse AD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €11.9 Mil. Therefore, Toplofikatsia Ruse AD's EV-to-OCF ratio for today is 10.95.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Toplofikatsia Ruse AD's Enterprise Value is €130.4 Mil. Toplofikatsia Ruse AD's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €11.9 Mil. Therefore, Toplofikatsia Ruse AD's EV-to-FCF ratio for today is 10.95.

*** 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.


Toplofikatsia Ruse AD  (XBUL:TPLR) 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.

Toplofikatsia Ruse AD's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=130.406/17.871
=7.30

Toplofikatsia Ruse AD's current Enterprise Value is €130.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Toplofikatsia Ruse AD's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €17.9 Mil.

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

Toplofikatsia Ruse AD's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=130.406/21.107
=6.18

Toplofikatsia Ruse AD's current Enterprise Value is €130.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Toplofikatsia Ruse AD's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €21.1 Mil.

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

Toplofikatsia Ruse AD's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=130.406/101.116
=1.29

Toplofikatsia Ruse AD's current Enterprise Value is €130.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Toplofikatsia Ruse AD's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €101.1 Mil.

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

Toplofikatsia Ruse AD's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=130.406/11.914
=10.95

Toplofikatsia Ruse AD's current Enterprise Value is €130.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Toplofikatsia Ruse AD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €11.9 Mil.

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

Toplofikatsia Ruse AD's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=130.406/11.914
=10.95

Toplofikatsia Ruse AD's current Enterprise Value is €130.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Toplofikatsia Ruse AD's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €11.9 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.


Toplofikatsia Ruse AD Enterprise Value Related Terms


Toplofikatsia Ruse AD Enterprise Value Historical Data

* Premium members only.

The historical data trend for Toplofikatsia Ruse AD'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.

Toplofikatsia Ruse AD Enterprise Value Chart

Toplofikatsia Ruse AD Annual Data
Trend Dec24 Dec25
Enterprise Value
201.47 316.49

Toplofikatsia Ruse AD Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Dec24 Jun25 Dec25
Enterprise Value Get a 7-Day Free Trial 181.07 188.91 201.47 223.31 316.49

XBUL:TPLR vs NEE, SO, DUK: Enterprise Value Comparison

For the Utilities - Regulated Electric subindustry, Toplofikatsia Ruse AD'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.


Toplofikatsia Ruse AD Enterprise Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Toplofikatsia Ruse AD's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Toplofikatsia Ruse AD's Enterprise Value falls into.


XBUL:TPLR
9GF Score
Toplofikatsia Ruse AD XBUL:TPLR
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Toplofikatsia Ruse AD 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.

Toplofikatsia Ruse AD's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Toplofikatsia Ruse AD'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 €130.4 Mil mean?
Toplofikatsia Ruse AD (XBUL:TPLR) has a Enterprise Value of €130.4 Mil as of Jul. 20, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Toplofikatsia Ruse AD and its competitors.
Is Toplofikatsia Ruse AD's Enterprise Value too high?
Toplofikatsia Ruse AD's current Enterprise Value is €130.4 Mil. Overall, Toplofikatsia Ruse AD has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Toplofikatsia Ruse AD's Enterprise Value compare to NEE and SO?
Toplofikatsia Ruse AD's Enterprise Value of €130.4 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Enterprise Value depends on the Utilities - Regulated 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 Toplofikatsia Ruse AD and its competitors. Toplofikatsia Ruse AD's current Enterprise Value is €130.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplofikatsia Ruse AD stock overvalued right now?
Toplofikatsia Ruse AD (XBUL:TPLR) has a current Enterprise Value of €130.4 Mil. The current Enterprise Value is €130.4 Mil. Toplofikatsia Ruse AD's overall GF Score™ is 9/100 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 Toplofikatsia Ruse AD (XBUL:TPLR), the current Enterprise Value is €130.4 Mil as of Jul. 20, 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.

Toplofikatsia Ruse AD Business Description

Address TPP Iztok Street, Ruse, BGR, 7009
Toplofikatsia Ruse AD is engaged in electricity and heat generation; combined production of electricity and heat; heat transfer; maintenance and operation of low-pressure gas pipelines, and other activities.
9GF Score

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

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