What is Irico Group New Energy Co 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, Irico Group New Energy Co's Enterprise Value is HK$5,485 Mil.
Irico Group New Energy Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-121 Mil. Therefore, Irico Group New Energy Co's EV-to-EBIT ratio for today is -45.37.
* 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 Irico Group New Energy Co's Enterprise Value
For the Solar subindustry, Irico Group New Energy Co'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.
Irico Group New Energy Co's Enterprise Value Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Irico Group New Energy Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Irico Group New Energy Co's Enterprise Value falls into.
Irico Group New Energy Co 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.
Irico Group New Energy Co'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.
Irico Group New Energy Co (HKSE:00438) 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.
Irico Group New Energy Co's EV-to-EBIT for today is
Irico Group New Energy Co's current Enterprise Value is HK$5,485 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-121 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Irico Group New Energy Co's EV-to-EBITDA for today is:
Irico Group New Energy Co's current Enterprise Value is HK$5,485 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-80 Mil.
Irico Group New Energy Co's current Enterprise Value is HK$5,485 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Irico Group New Energy Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,440 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.
Irico Group New Energy Co Enterprise Value Related Terms
Thank you for viewing the detailed overview of Irico Group New Energy Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Irico Group New Energy Co (HKSE:00438) Business Description
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. It operates through the following segments: Solar photovoltaic & module business segment, and Others. The majority of its revenue is derived from Solar Photovoltaic, which includes Solar photovoltaic glass, Solar photovoltaic modules, Solar photovoltaic power stations, and Quartz sand business. Its geographical segments are China (excluding Hong Kong), Hong Kong, and Other countries, of which the majority of its revenue comes from China.
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