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SPAR Group (SPAR Group) Enterprise Value : $52.1 Mil (As of May. 15, 2024)


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What is SPAR Group 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, SPAR Group's Enterprise Value is $52.1 Mil. SPAR Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $9.1 Mil. Therefore, SPAR Group's EV-to-EBIT ratio for today is 5.75.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, SPAR Group's Enterprise Value is $52.1 Mil. SPAR Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $12.1 Mil. Therefore, SPAR Group's EV-to-EBITDA ratio for today is 4.32.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, SPAR Group's Enterprise Value is $52.1 Mil. SPAR Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $262.7 Mil. Therefore, SPAR Group's EV-to-Revenue ratio for today is 0.20.


SPAR Group Enterprise Value Historical Data

The historical data trend for SPAR Group'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.

SPAR Group Enterprise Value Chart

SPAR Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.56 38.01 43.87 56.07 44.94

SPAR Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 56.07 56.00 52.25 51.99 44.94

Competitive Comparison of SPAR Group's Enterprise Value

For the Specialty Business Services subindustry, SPAR Group'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.


SPAR Group's Enterprise Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SPAR Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where SPAR Group's Enterprise Value falls into.



SPAR Group 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.

SPAR Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

SPAR Group's Enterprise Value for the quarter 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.


SPAR Group  (NAS:SGRP) 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.

SPAR Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=52.071/9.052
=5.75

SPAR Group's current Enterprise Value is $52.1 Mil.
SPAR Group'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 $9.1 Mil.

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

SPAR Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=52.071/12.061
=4.32

SPAR Group's current Enterprise Value is $52.1 Mil.
SPAR Group'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 $12.1 Mil.

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

SPAR Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=52.071/262.747
=0.20

SPAR Group's current Enterprise Value is $52.1 Mil.
SPAR Group'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 $262.7 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.


SPAR Group Enterprise Value Related Terms

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SPAR Group (SPAR Group) Business Description

Traded in Other Exchanges
Address
1910 Opdyke Court, Auburn Hills, MI, USA, 48326
SPAR Group Inc is a supplier of merchandising and other marketing services. It also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. The company divides its operations into two reportable segments: Domestic division is comprised of all operations within the United States; and The International division is a consolidation of all other operations and joint ventures. Its customers are from retail and manufacturing segments. Its geographic presence is in Brazil, South Africa, Mexico, China, Japan, India, Canada, Australia, Turkey, and United States from where it generates maximum revenue.
Executives
Pato Antonio Calisto officer: Chief Financial Officer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Robert G/ Brown director, 10 percent owner, officer: Chairman, Chief Executive Offi
Spar Business Services Inc other: Affiliated with Robert G Brown 7711 N MILITARY TRAIL, SUITE 1000, WEST PALM BEACH FL 33410
Williams H Bartels director, 10 percent owner, officer: Vice Chairman
Sean Whelan director C/O ZOMEDICA CORP., 100 PHOENIX DRIVE, SUITE 125, ANN ARBOR MI 48108
Michael Wager director 100 BURTT ROAD, SUITE 115, BOSTON MA 01810
Kori Belzer officer: Chief Operations Officer SPAR GROUP INC, 580 WHITE PLAINS RD., TARRYTOWN NY 10591
Fay Devriese officer: Chief Financial Officer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Ronald Wayne Lutz officer: Chief Global CommercialOfficer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
William Linnane officer: Chief Strategy & GrowthOfficer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Arthur H Baer director 61 BUSHNELL ROAD, HILLSDALE NY 12529
Mike R. Matacunas director, officer: Chief Executive Officer 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
James Richard Brown director C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Igor Novgorodtsev director C/O SPAR GROUP, INC. 333 WESTCHESTER AVE, SOUTH BUILDING, SUITE 204, WHITE PLAINS NY 10604
James R Segreto officer: Controller C/O SPAR GROUP INC, 580 WHITE PLAINS RD, TARRYTOWN NY 10591