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, Sovos Brands's Enterprise Value is $2,607 Mil.
Sovos Brands's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $89 Mil. Therefore, Sovos Brands's EV-to-EBIT ratio for today is 29.27.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Sovos Brands's Enterprise Value is $2,607 Mil.
Sovos Brands's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $123 Mil. Therefore, Sovos Brands's EV-to-EBITDA ratio for today is 21.19.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sovos Brands's Enterprise Value is $2,607 Mil.
Sovos Brands's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,020 Mil. Therefore, Sovos Brands's EV-to-Revenue ratio for today is 2.56.
Sovos Brands Enterprise Value Historical Data
The historical data trend for Sovos Brands'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 Sovos Brands's Enterprise Value
For the Packaged Foods subindustry, Sovos Brands'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.
Sovos Brands's Enterprise Value Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sovos Brands's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Sovos Brands's Enterprise Value falls into.
Sovos Brands 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.
Sovos Brands'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.
Sovos Brands (NAS:SOVO) 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.
Sovos Brands's current Enterprise Value is $2,607 Mil.
Sovos Brands'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 $89 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Sovos Brands's current Enterprise Value is $2,607 Mil.
Sovos Brands'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 $123 Mil.
Sovos Brands's current Enterprise Value is $2,607 Mil.
Sovos Brands'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 $1,020 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.
Sovos Brands Enterprise Value Related Terms
Thank you for viewing the detailed overview of Sovos Brands's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Sovos Brands Inc is a food company in the United States. Its brands are Rao's, noosa, Birch Benders, and Michael Angelo's. Its Rao's products include our Rao's Homemade pasta sauces (including tomato-based sauces, Alfredo sauces, and Pesto sauces), pizza sauces, and dry pasta; Rao's Homestyle meat-based pasta sauces; and Rao's Made for Home frozen entrees and soups.
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