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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, Pferdewetten de AG's Enterprise Value is €17.66 Mil.
Pferdewetten de AG's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was €-15.75 Mil. Therefore, Pferdewetten de AG's EV-to-EBIT ratio for today is -1.12.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Pferdewetten de AG's Enterprise Value is €17.66 Mil.
Pferdewetten de AG's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was €-13.73 Mil. Therefore, Pferdewetten de AG's EV-to-EBITDA ratio for today is -1.29.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Pferdewetten de AG's Enterprise Value is €17.66 Mil.
Pferdewetten de AG's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was €28.47 Mil. Therefore, Pferdewetten de AG's EV-to-Revenue ratio for today is 0.62.
*** 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.
Pferdewetten de AG (XTER:EMH1) 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.
Pferdewetten de AG's current Enterprise Value is €17.66 Mil.
Pferdewetten de AG's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-15.75 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Pferdewetten de AG's current Enterprise Value is €17.66 Mil.
Pferdewetten de AG's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-13.73 Mil.
Pferdewetten de AG's current Enterprise Value is €17.66 Mil.
Pferdewetten de AG's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €28.47 Mil.
Pferdewetten de AG's current Enterprise Value is €17.66 Mil.
Pferdewetten de AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.
Pferdewetten de AG's current Enterprise Value is €17.66 Mil.
Pferdewetten de AG's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 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.
Pferdewetten de AG Enterprise Value Related Terms
Pferdewetten de AG Enterprise Value Historical Data
* Premium members only.
The historical data trend for Pferdewetten de 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.
XTER:EMH1 vs FLUT, DKNG, SGHC: Enterprise Value Comparison
For the Gambling subindustry, Pferdewetten de 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.
Pferdewetten de AG Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Pferdewetten de AG's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Pferdewetten de AG'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.
Pferdewetten de AG's Enterprise Value for the fiscal year that ended in Dec. 2024 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.
Pferdewetten de AG (XTER:EMH1) has a Enterprise Value of €17.66 Mil as of Jul. 21, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Pferdewetten de AG and its competitors.
Is Pferdewetten de AG's Enterprise Value too high?
Pferdewetten de AG's current Enterprise Value is €17.66 Mil. Overall, Pferdewetten de AG has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pferdewetten de AG's Enterprise Value compare to FLUT and DKNG?
Pferdewetten de AG's Enterprise Value of €17.66 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure 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 Pferdewetten de AG and its competitors. Pferdewetten de AG's current Enterprise Value is €17.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pferdewetten de AG stock overvalued right now?
Based on GuruFocus' analysis, Pferdewetten de AG (XTER:EMH1) is currently considered Possible Value Trap. The stock's GF Value™ is €34.91, compared to a current price of €2.38 — trading 93.2% below its estimated fair value. The current Enterprise Value is €17.66 Mil. Pferdewetten de AG's overall GF Score™ is 65/100 with 5 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 Pferdewetten de AG (XTER:EMH1), the current Enterprise Value is €17.66 Mil as of Jul. 21, 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 Pferdewetten de AG (XTER:EMH1) Overvalued in 2026?
Based on GuruFocus' analysis, Pferdewetten de AG stock appears to be undervalued.
The current stock price of €2.38 is trading 93.2% below its estimated GF Value™ of €34.91.
GuruFocus considers Pferdewetten de AG to be Possible Value Trap.
Key valuation signals for XTER:EMH1:
Enterprise Value: €17.66 Mil
GF Value™: €34.91 vs. price of €2.38 (93.2% below fair value)
No single metric tells the full story. See the XTER:EMH1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pferdewetten de AG is involved in arranging and placing bets for horse racing and other sports events. It engages in the online and offline horse betting business in Germany. Its horse betting services range from betting on German galloping and trotting to English, French, and other international horse races. The company also provides online horse betting services through its Internet platform pferdewetten.de. In addition, it offers consultancy and training services for the implementation and processing of sports and horse betting.
65GF Score
Get the complete analysis for XTER:EMH1
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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