Enapter AG (HAM:H2O) Market Cap: €37.85 Mil (As of Jul. 02, 2026)


HAM:H2O Enapter AG HAM:H2O
55 GF Score
Price €1.18
GF Value €3.64
Valuation Possible Value Trap
! 8 Warning Signs
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What is Enapter AG Market Cap?

Enapter AG HAM:H2O -1.26% 55 Market Cap is €37.85 Mil as of Jul. 02, 2026. GuruFocus rates HAM:H2O with a GF Score™ of 55/100 and a GF Value™ of €3.64 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 3,092 Industrial Products companies, Enapter AG ranks worse than 75.45% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Enapter AG's share price for the quarter that ended in Dec. 2025 was €1.69. Enapter AG's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 31.19 Mil. Therefore, Enapter AG's market cap for the quarter that ended in Dec. 2025 was €52.72 Mil.

Enapter AG's quarterly market cap declined from Dec. 2024 (€112.28 Mil) to Jun. 2025 (€80.91 Mil) and declined from Jun. 2025 (€80.91 Mil) to Dec. 2025 (€52.72 Mil).

Enapter AG's annual market cap declined from Dec. 2023 (€237.33 Mil) to Dec. 2024 (€112.28 Mil) and declined from Dec. 2024 (€112.28 Mil) to Dec. 2025 (€52.72 Mil).

Enterprise Value is 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 and cash equivalents. Enapter AG's Enterprise Value for Today is €69.81 Mil.


Enapter AG  (HAM:H2O) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Enapter AG Market Cap Related Terms


Enapter AG Market Cap Historical Data

* Premium members only.

The historical data trend for Enapter AG's Market Cap 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.

Enapter AG Market Cap Chart

Enapter AG Annual Data
Trend Dec07 Dec08 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 565.52 373.73 237.33 112.28 52.72

Enapter AG Semi-Annual Data
Jun09 Jun11 Jan17 Jul17 Jan18 Jul18 Jan19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Market Cap 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 237.33 111.03 112.28 80.91 52.72

HAM:H2O vs GEV, ETN, PH: Market Cap Comparison

For the Specialty Industrial Machinery subindustry, Enapter AG's Market Cap, along with its competitors' market caps and Market Cap 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.


Enapter AG Market Cap vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enapter AG's Market Cap distribution charts can be found below:

* The bar in red indicates where Enapter AG's Market Cap falls into.


HAM:H2O
55GF Score
Enapter AG HAM:H2O
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Enapter AG Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Enapter AG's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=€1.69*31.194
=€52.72

Enapter AG's Market Cap for the quarter that ended in Dec. 2025 is calculated as

Market Cap (Q: Dec. 2025 )=Share Price (Q: Dec. 2025 )*Shares Outstanding (EOP) (Q: Dec. 2025 )
=€1.69*31.194
=€52.72

* 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 Market Cap →
What does a Market Cap of €37.85 Mil mean?
Enapter AG (HAM:H2O) has a Market Cap of €37.85 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Enapter AG and its competitors. According to the industry distribution chart, Enapter AG ranks #2333 out of 3092 companies in the Industrial Products industry, placing it in the top 75.5%.
Is Enapter AG's Market Cap too high?
Enapter AG's current Market Cap is €37.85 Mil. Based on the distribution chart, Enapter AG ranks #2333 out of 3092 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Enapter AG has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enapter AG's Market Cap compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Enapter AG ranks #2333 out of 3092 companies for Market Cap. This places Enapter AG in the lower half of its industry. The industry median Market Cap is 282.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 282.17, based on 3,092 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Enapter AG and its competitors. For the Industrial Products industry, the median Market Cap is 282.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enapter AG's current Market Cap is €37.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enapter AG stock overvalued right now?
Based on GuruFocus' analysis, Enapter AG (HAM:H2O) is currently considered Possible Value Trap. The stock's GF Value™ is €3.64, compared to a current price of €1.18 — trading 67.6% below its estimated fair value. The current Market Cap is €37.85 Mil. Enapter AG's overall GF Score™ is 55/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Enapter AG (HAM:H2O), the current Market Cap is €37.85 Mil as of Jul. 02, 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 Enapter AG (HAM:H2O) Overvalued in 2026?

Based on GuruFocus' analysis, Enapter AG stock appears to be undervalued. The current stock price of €1.18 is trading 67.6% below its estimated GF Value™ of €3.64. GuruFocus considers Enapter AG to be Possible Value Trap.

Key valuation signals for HAM:H2O:

  • Market Cap: €37.85 Mil
  • GF Value™: €3.64 vs. price of €1.18 (67.6% below fair value)
  • GF Score™: 55/100 with 8 warning signs

No single metric tells the full story. See the HAM:H2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enapter AG Business Description

Other Exchanges H2O:Germany
Address Reinhardtstr. 35, Berlin, BB, DEU, 10117
Enapter AG is engaged in research and development in the field of hydrogen systems with a focus on electrolysis, project management in Renewable Energy Systems and Smart-Grid Technology, software development for Smart Grid, Smart Energy and Industry 4.0 and Internet of Things (IoT), and manufacturing and production, design, planning, trading and resale of electrolysers and similar products and related software and control systems. Specifically, the Enapter Group develops and manufactures patented electrolysers based on Anion Exchange Membrane (AEM) technology. the Group had only one reportable segment which is the design and production of hydrogen generators based on patented anion exchange membrane electrolysis (AEM electrolysis) and pursues.
55GF Score

Get the complete analysis for HAM:H2O

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

€1.18
Price
€3.64
GF Value