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McRae Industries (McRae Industries) Enterprise Value : $17.0 Mil (As of May. 26, 2024)


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What is McRae Industries 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, McRae Industries's Enterprise Value is $17.0 Mil. McRae Industries's EBIT for the trailing twelve months (TTM) ended in Jul. 2023 was $10.3 Mil. Therefore, McRae Industries's EV-to-EBIT ratio for today is 1.65.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, McRae Industries's Enterprise Value is $17.0 Mil. McRae Industries's EBITDA for the trailing twelve months (TTM) ended in Jul. 2023 was $11.8 Mil. Therefore, McRae Industries's EV-to-EBITDA ratio for today is 1.44.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, McRae Industries's Enterprise Value is $17.0 Mil. McRae Industries's Revenue for the trailing twelve months (TTM) ended in Jul. 2023 was $124.7 Mil. Therefore, McRae Industries's EV-to-Revenue ratio for today is 0.14.


McRae Industries Enterprise Value Historical Data

The historical data trend for McRae Industries'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.

McRae Industries Enterprise Value Chart

McRae Industries Annual Data
Trend Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.96 25.99 73.24 64.58 61.40

McRae Industries Semi-Annual Data
Jul89 Jul90 Jul91 Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
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 Premium Member Only 26.96 25.99 73.24 64.58 61.40

Competitive Comparison of McRae Industries's Enterprise Value

For the Footwear & Accessories subindustry, McRae Industries'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.


McRae Industries's Enterprise Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where McRae Industries's Enterprise Value falls into.



McRae Industries 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.

McRae Industries's Enterprise Value for the fiscal year that ended in Jul. 2023 is calculated as

McRae Industries's Enterprise Value for the quarter that ended in Jul. 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.


McRae Industries  (OTCPK:MCRAA) 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.

McRae Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16.965/10.266
=1.65

McRae Industries's current Enterprise Value is $17.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. McRae Industries's EBIT for the trailing twelve months (TTM) ended in Jul. 2023 was $10.3 Mil.

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

McRae Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=16.965/11.768
=1.44

McRae Industries's current Enterprise Value is $17.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. McRae Industries's EBITDA for the trailing twelve months (TTM) ended in Jul. 2023 was $11.8 Mil.

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

McRae Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=16.965/124.702
=0.14

McRae Industries's current Enterprise Value is $17.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. McRae Industries's Revenue for the trailing twelve months (TTM) ended in Jul. 2023 was $124.7 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.


McRae Industries Enterprise Value Related Terms

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McRae Industries (McRae Industries) Business Description

Traded in Other Exchanges
Address
400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306
McRae Industries Inc operates in the footwear industry. Its principal lines of business are manufacturing and selling military combat boots and importing and selling western and work boots. It operates through the Western and Lifestyle Segments. The Western and Lifestyle segment, which is the key revenue driver, includes western, ladies fashion, and children's footwear products under the Dan Post, Dingo, and Laredo Western Boots brand names.

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