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, New Momentum's Enterprise Value is $0.50 Mil.
New Momentum's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.24 Mil. Therefore, New Momentum's EV-to-EBIT ratio for today is -2.12.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, New Momentum's Enterprise Value is $0.50 Mil.
New Momentum's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.21 Mil. Therefore, New Momentum's EV-to-EBITDA ratio for today is -2.40.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, New Momentum's Enterprise Value is $0.50 Mil.
New Momentum's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $0.06 Mil. Therefore, New Momentum's EV-to-Revenue ratio for today is 8.79.
New Momentum Enterprise Value Historical Data
The historical data trend for New Momentum'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 New Momentum's Enterprise Value
For the Travel Services subindustry, New Momentum'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.
New Momentum's Enterprise Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, New Momentum's Enterprise Value distribution charts can be found below:
* The bar in red indicates where New Momentum's Enterprise Value falls into.
New Momentum 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.
New Momentum'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.
New Momentum (OTCPK:NNAX) 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.
New Momentum's current Enterprise Value is $0.50 Mil.
New Momentum'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 $-0.24 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
New Momentum's current Enterprise Value is $0.50 Mil.
New Momentum'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 $-0.21 Mil.
New Momentum's current Enterprise Value is $0.50 Mil.
New Momentum'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 $0.06 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.
New Momentum Enterprise Value Related Terms
Thank you for viewing the detailed overview of New Momentum's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
New Momentum Corp develops and operates an online ticketing platform named Gagfare.com, which provides a ticketing system for individuals and agencies to search, book, and issue flight tickets and other services. It also offers its services through its app. The company records its revenue from booking income upon the ticket booking service is rendered to travelers. It also records its revenue from the sale of air tickets upon the confirmation and issuance of tickets to the travelers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NNAX has been successfully added to your 