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, Evolent Health's Enterprise Value is $3,103 Mil.
Evolent Health's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-84 Mil. Therefore, Evolent Health's EV-to-EBIT ratio for today is -37.10.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Evolent Health's Enterprise Value is $3,103 Mil.
Evolent Health's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $40 Mil. Therefore, Evolent Health's EV-to-EBITDA ratio for today is 77.57.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Evolent Health's Enterprise Value is $3,103 Mil.
Evolent Health's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $2,176 Mil. Therefore, Evolent Health's EV-to-Revenue ratio for today is 1.43.
Evolent Health Enterprise Value Historical Data
The historical data trend for Evolent Health'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.
Competitive Comparison of Evolent Health's Enterprise Value
For the Health Information Services subindustry, Evolent Health'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.
Evolent Health's Enterprise Value Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Evolent Health's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Evolent Health's Enterprise Value falls into.
Evolent Health 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.
Evolent Health's Enterprise Value for the fiscal year that ended in Dec. 2023 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.
Evolent Health (NYSE:EVH) 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.
Evolent Health's current Enterprise Value is $3,103 Mil.
Evolent Health's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-84 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Evolent Health's current Enterprise Value is $3,103 Mil.
Evolent Health's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $40 Mil.
Evolent Health's current Enterprise Value is $3,103 Mil.
Evolent Health's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,176 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.
Evolent Health Enterprise Value Related Terms
Thank you for viewing the detailed overview of Evolent Health's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Evolent Health (Evolent Health) Business Description
Evolent Health Inc is engaged in healthcare delivery and payment. The company supports health systems and physician organizations in their migration toward value-based care and population health management. The company's two reportable segments: EHS and Clinical Solutions. The Company's EHS segment provides an integrated administrative and clinical platform for health plan administration and value-based business infrastructure and clinical Solutions segment addresses a broad spectrum of clinical needs, with tailored solutions for specialty care management in oncology and cardiology and increasingly the musculoskeletal markets and holistic total cost of care improvement. It generates a majority of its revenue from Clinical Solutions segment.
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