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, Qilu Expressway Company's Enterprise Value is HK$11,643 Mil.
Qilu Expressway Company's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,089 Mil. Therefore, Qilu Expressway Company's EV-to-EBIT ratio for today is 10.69.
* 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 Qilu Expressway Company's Enterprise Value
For the Infrastructure Operations subindustry, Qilu Expressway Company'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.
Qilu Expressway Company's Enterprise Value Distribution in the Construction Industry
For the Construction industry and Industrials sector, Qilu Expressway Company's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Qilu Expressway Company's Enterprise Value falls into.
Qilu Expressway Company 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.
Qilu Expressway Company'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.
Qilu Expressway Company (HKSE:01576) 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.
Qilu Expressway Company's current Enterprise Value is HK$11,643 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Qilu Expressway Company's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,089 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Qilu Expressway Company's EV-to-EBITDA for today is:
Qilu Expressway Company's current Enterprise Value is HK$11,643 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Qilu Expressway Company's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,395 Mil.
Qilu Expressway Company's current Enterprise Value is HK$11,643 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Qilu Expressway Company's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,982 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.
Qilu Expressway Company Enterprise Value Related Terms
Thank you for viewing the detailed overview of Qilu Expressway Company's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Qilu Expressway Company (HKSE:01576) Business Description
Qilu Expressway Company Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.
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