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, Bharat Electronics's Enterprise Value is ₹1,729,484 Mil.
Bharat Electronics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹39,591 Mil. Therefore, Bharat Electronics's EV-to-EBIT ratio for today is 43.68.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Bharat Electronics's Enterprise Value is ₹1,729,484 Mil.
Bharat Electronics's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was ₹42,888 Mil. Therefore, Bharat Electronics's EV-to-EBITDA ratio for today is 40.33.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Bharat Electronics's Enterprise Value is ₹1,729,484 Mil.
Bharat Electronics's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was ₹144,176 Mil. Therefore, Bharat Electronics's EV-to-Revenue ratio for today is 12.00.
Bharat Electronics Enterprise Value Historical Data
The historical data trend for Bharat Electronics'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 Bharat Electronics's Enterprise Value
For the Aerospace & Defense subindustry, Bharat Electronics'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.
Bharat Electronics's Enterprise Value Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Bharat Electronics's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Bharat Electronics's Enterprise Value falls into.
Bharat Electronics 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.
Bharat Electronics's Enterprise Value for the fiscal year that ended in Mar. 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.
Bharat Electronics (NSE:BEL) 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.
Bharat Electronics's current Enterprise Value is ₹1,729,484 Mil.
Bharat Electronics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹39,591 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Bharat Electronics's current Enterprise Value is ₹1,729,484 Mil.
Bharat Electronics's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹42,888 Mil.
Bharat Electronics's current Enterprise Value is ₹1,729,484 Mil.
Bharat Electronics's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹144,176 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.
Bharat Electronics Enterprise Value Related Terms
Thank you for viewing the detailed overview of Bharat Electronics's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Bharat Electronics Ltd is an aerospace and defense company owned by the Indian government. It manufactures a wide range of specialized electronics for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. With approximately three fourths of its revenue derived from the defense sector, relationships with government officials and military camps are critical. The company created a marketing division to take advantage of export opportunities. It ships products to countries with favorable relationships to India and looks to identify long-term supply chain relationships with global players.
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