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, ADD Industry (Zhejiang)'s Enterprise Value is ¥2,752 Mil.
ADD Industry (Zhejiang)'s EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥143 Mil. Therefore, ADD Industry (Zhejiang)'s EV-to-EBIT ratio for today is 19.22.
* 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 ADD Industry (Zhejiang)'s Enterprise Value
For the Auto Parts subindustry, ADD Industry (Zhejiang)'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.
ADD Industry (Zhejiang)'s Enterprise Value Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, ADD Industry (Zhejiang)'s Enterprise Value distribution charts can be found below:
* The bar in red indicates where ADD Industry (Zhejiang)'s Enterprise Value falls into.
ADD Industry (Zhejiang) 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.
ADD Industry (Zhejiang)'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.
ADD Industry (Zhejiang) (SHSE:603089) 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.
ADD Industry (Zhejiang)'s current Enterprise Value is ¥2,752 Mil.
ADD Industry (Zhejiang)'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 ¥143 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
ADD Industry (Zhejiang)'s EV-to-EBITDA for today is:
ADD Industry (Zhejiang)'s current Enterprise Value is ¥2,752 Mil.
ADD Industry (Zhejiang)'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 ¥143 Mil.
ADD Industry (Zhejiang)'s current Enterprise Value is ¥2,752 Mil.
ADD Industry (Zhejiang)'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 ¥1,883 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.
ADD Industry (Zhejiang) Enterprise Value Related Terms
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ADD Industry (Zhejiang) (SHSE:603089) Business Description
ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.
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