INA-Industrija Nafte DD (ZAG:INA) Enterprise Value: €5,805 Mil (As of Jun. 29, 2026) ***


ZAG:INA INA-Industrija Nafte DD ZAG:INA
73 GF Score
Price €530.00
GF Value €358.63
Valuation Significantly Overvalued
! 7 Warning Signs
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What is INA-Industrija Nafte DD Enterprise Value?

INA-Industrija Nafte DD ZAG:INA 73 Enterprise Value is €5,805 Mil as of Jun. 29, 2026. GuruFocus rates ZAG:INA with a GF Score™ of 73/100 and a GF Value™ of €358.63 (Significantly Overvalued). The stock has 7 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, INA-Industrija Nafte DD's Enterprise Value is €5,805 Mil. INA-Industrija Nafte DD's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €229 Mil. Therefore, INA-Industrija Nafte DD's EV-to-EBIT ratio for today is 25.34.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, INA-Industrija Nafte DD's Enterprise Value is €5,805 Mil. INA-Industrija Nafte DD's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €470 Mil. Therefore, INA-Industrija Nafte DD's EV-to-EBITDA ratio for today is 12.36.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, INA-Industrija Nafte DD's Enterprise Value is €5,805 Mil. INA-Industrija Nafte DD's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €3,795 Mil. Therefore, INA-Industrija Nafte DD's EV-to-Revenue ratio for today is 1.53.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, INA-Industrija Nafte DD's Enterprise Value is €5,805 Mil. INA-Industrija Nafte DD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €512 Mil. Therefore, INA-Industrija Nafte DD's EV-to-OCF ratio for today is 11.34.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, INA-Industrija Nafte DD's Enterprise Value is €5,805 Mil. INA-Industrija Nafte DD's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €315 Mil. Therefore, INA-Industrija Nafte DD's EV-to-FCF ratio for today is 18.45.

*** 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.


INA-Industrija Nafte DD  (ZAG:INA) 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.

INA-Industrija Nafte DD's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5805.000/229.1
=25.34

INA-Industrija Nafte DD's current Enterprise Value is €5,805 Mil.
INA-Industrija Nafte DD'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 €229 Mil.

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

INA-Industrija Nafte DD's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5805.000/469.6
=12.36

INA-Industrija Nafte DD's current Enterprise Value is €5,805 Mil.
INA-Industrija Nafte DD'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 €470 Mil.

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

INA-Industrija Nafte DD's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5805.000/3795.4
=1.53

INA-Industrija Nafte DD's current Enterprise Value is €5,805 Mil.
INA-Industrija Nafte DD'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 €3,795 Mil.

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

INA-Industrija Nafte DD's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5805.000/512
=11.34

INA-Industrija Nafte DD's current Enterprise Value is €5,805 Mil.
INA-Industrija Nafte DD'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 €512 Mil.

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

INA-Industrija Nafte DD's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5805.000/314.7
=18.45

INA-Industrija Nafte DD's current Enterprise Value is €5,805 Mil.
INA-Industrija Nafte DD'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 €315 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.


INA-Industrija Nafte DD Enterprise Value Related Terms


INA-Industrija Nafte DD Enterprise Value Historical Data

* Premium members only.

The historical data trend for INA-Industrija Nafte DD'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.

INA-Industrija Nafte DD Enterprise Value Chart

INA-Industrija Nafte DD 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 35,097.33 34,134.75 5,267.83 5,244.81 5,521.76

INA-Industrija Nafte DD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5,165.70 5,499.40 5,686.60 5,521.76 5,425.00

ZAG:INA vs VLO, MPC, PSX: Enterprise Value Comparison

For the Oil & Gas Refining & Marketing subindustry, INA-Industrija Nafte DD'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.


INA-Industrija Nafte DD Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, INA-Industrija Nafte DD's Enterprise Value distribution charts can be found below:

* The bar in red indicates where INA-Industrija Nafte DD's Enterprise Value falls into.


ZAG:INA
73GF Score
INA-Industrija Nafte DD ZAG:INA
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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INA-Industrija Nafte DD 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.

INA-Industrija Nafte DD's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

INA-Industrija Nafte DD's Enterprise Value for the quarter that ended in Mar. 2026 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 €5,805 Mil mean?
INA-Industrija Nafte DD (ZAG:INA) has a Enterprise Value of €5,805 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on INA-Industrija Nafte DD and its competitors.
Is INA-Industrija Nafte DD's Enterprise Value too high?
INA-Industrija Nafte DD's current Enterprise Value is €5,805 Mil. Overall, INA-Industrija Nafte DD has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INA-Industrija Nafte DD's Enterprise Value compare to VLO and MPC?
INA-Industrija Nafte DD's Enterprise Value of €5,805 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas 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 INA-Industrija Nafte DD and its competitors. INA-Industrija Nafte DD's current Enterprise Value is €5,805 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INA-Industrija Nafte DD stock overvalued right now?
Based on GuruFocus' analysis, INA-Industrija Nafte DD (ZAG:INA) is currently considered Significantly Overvalued. The stock's GF Value™ is €358.63, compared to a current price of €530.00 — trading 47.8% above its estimated fair value. The current Enterprise Value is €5,805 Mil. INA-Industrija Nafte DD's overall GF Score™ is 73/100 with 7 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 INA-Industrija Nafte DD (ZAG:INA), the current Enterprise Value is €5,805 Mil as of Jun. 29, 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 INA-Industrija Nafte DD (ZAG:INA) Overvalued in 2026?

Based on GuruFocus' analysis, INA-Industrija Nafte DD stock appears to be overvalued. The current stock price of €530.00 is trading 47.8% above its estimated GF Value™ of €358.63. GuruFocus considers INA-Industrija Nafte DD to be Significantly Overvalued.

Key valuation signals for ZAG:INA:

  • Enterprise Value: €5,805 Mil
  • GF Value™: €358.63 vs. price of €530.00 (47.8% above fair value)
  • GF Score™: 73/100 with 7 warning signs

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


INA-Industrija Nafte DD Business Description

Industry EnergyOil & Gas
Address Avenija Veceslava, Holjevca 10, Zagreb, HRV, 10 020
INA-Industrija Nafte DD is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.
73GF Score

Get the complete analysis for ZAG:INA

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

€530.00
Price
€358.63
GF Value