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Change Healthcare (Change Healthcare) Enterprise Value : $13,491 Mil (As of May. 05, 2024)


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What is Change Healthcare Enterprise Value?

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, Change Healthcare's Enterprise Value is $13,491 Mil. Change Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $105 Mil. Therefore, Change Healthcare's EV-to-EBIT ratio for today is 128.12.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Change Healthcare's Enterprise Value is $13,491 Mil. Change Healthcare's EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 was $795 Mil. Therefore, Change Healthcare's EV-to-EBITDA ratio for today is 16.98.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Change Healthcare's Enterprise Value is $13,491 Mil. Change Healthcare's Revenue for the trailing twelve months (TTM) ended in Jun. 2022 was $3,497 Mil. Therefore, Change Healthcare's EV-to-Revenue ratio for today is 3.86.


Change Healthcare Enterprise Value Historical Data

The historical data trend for Change Healthcare'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.

* Premium members only.

Change Healthcare Enterprise Value Chart

Change Healthcare Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Enterprise Value
Get a 7-Day Free Trial - - 7,609.91 11,535.21 11,238.08

Change Healthcare Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 11,905.12 11,191.78 11,237.84 11,238.08 12,005.80

Competitive Comparison of Change Healthcare's Enterprise Value

For the Health Information Services subindustry, Change Healthcare'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.


Change Healthcare's Enterprise Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Change Healthcare's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Change Healthcare's Enterprise Value falls into.



Change Healthcare 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.

Change Healthcare's Enterprise Value for the fiscal year that ended in Mar. 2022 is calculated as

Change Healthcare's Enterprise Value for the quarter that ended in Jun. 2022 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.


Change Healthcare  (NAS:CHNG) 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.

Change Healthcare's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13491.054/105.302
=128.12

Change Healthcare's current Enterprise Value is $13,491 Mil.
Change Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $105 Mil.

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

Change Healthcare's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=13491.054/794.715
=16.98

Change Healthcare's current Enterprise Value is $13,491 Mil.
Change Healthcare's EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $795 Mil.

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

Change Healthcare's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=13491.054/3497.429
=3.86

Change Healthcare's current Enterprise Value is $13,491 Mil.
Change Healthcare's Revenue for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,497 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.


Change Healthcare Enterprise Value Related Terms

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Change Healthcare (Change Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
424 Church Street, Suite 1400, Nashville, TN, USA, 37219
Change Healthcare is a spinoff of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.
Executives
Tracy Byers officer: SVP and GM, Enterprise Imaging C/O CHANGE HEALTHCARE INC. 424 CHURCH STREET, SUITE 1400 NASHVILLE TN 37219
Steven B. Martin officer: EVP, Enterprise Technology 3055 LEBANON PIKE SUITE 1000 NASHVILLE TN 37214
Nella Domenici director C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul Rareshide officer: SVP, Corporate Controller C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Fredrik J Eliasson officer: EVP & CFO 500 WATER STREET, JACKSONVILLE FL 32202
De Crescenzo Neil E. director, officer: President & CEO C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Diana Mckenzie director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Roderick H. O'reilly officer: See Remarks C/O CHANGE HEALTHCARE INC., 3055 LEBANON PIKE, SUITE 1000, NASHVILLE TN 37214
August Calhoun officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Thomas Mcenery officer: EVP & Chief Marketing Officer
Bansi Nagji director MCKESSON CORPORATION, 6555 STATE HIGHWAY 161, IRVING TX 75039
Alex P. Choy officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Linda Whitley-taylor officer: EVP & Chief People Officer C/O BENSON HILL, INC., 1001 NORTH WARSON ROAD, SAINT LOUIS MO 63132
Phillip W. Roe director 20 BURTON HILLS BOULEVARD SUITE 100 NASHVILLE TN 37215
Kriten Joshi officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214

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