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, Primoris Services's Enterprise Value is $3,599 Mil.
Primoris Services's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $256 Mil. Therefore, Primoris Services's EV-to-EBIT ratio for today is 14.07.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Primoris Services's Enterprise Value is $3,599 Mil.
Primoris Services's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $363 Mil. Therefore, Primoris Services's EV-to-EBITDA ratio for today is 9.92.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Primoris Services's Enterprise Value is $3,599 Mil.
Primoris Services's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $5,715 Mil. Therefore, Primoris Services's EV-to-Revenue ratio for today is 0.63.
Primoris Services Enterprise Value Historical Data
The historical data trend for Primoris Services'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 Primoris Services's Enterprise Value
For the Engineering & Construction subindustry, Primoris Services'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.
Primoris Services's Enterprise Value Distribution in the Construction Industry
For the Construction industry and Industrials sector, Primoris Services's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Primoris Services's Enterprise Value falls into.
Primoris Services 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.
Primoris Services'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.
Primoris Services (NYSE:PRIM) 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.
Primoris Services's current Enterprise Value is $3,599 Mil.
Primoris Services'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 $256 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Primoris Services's current Enterprise Value is $3,599 Mil.
Primoris Services'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 $363 Mil.
Primoris Services's current Enterprise Value is $3,599 Mil.
Primoris Services'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 $5,715 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.
Primoris Services Enterprise Value Related Terms
Thank you for viewing the detailed overview of Primoris Services's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Primoris Services (Primoris Services) Business Description
Primoris Services Corp is a specialty contractor and infrastructure company in the United States. It has three operating segments. The Utility segment specializes in a range of services, including the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The pipeline segment constructs and maintains pipelines for the petroleum and petrochemical industries. The Energy/Renewables segment includes engineering, procurement, construction, retrofits, highway and bridge construction, demolition, and other services. The Energy/Renewables segment earns the majority of the revenue. Primoris earns most of its revenue in the U.S.
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