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, Midea Group Co's Enterprise Value is ¥427,704 Mil.
Midea Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥44,182 Mil. Therefore, Midea Group Co's EV-to-EBIT ratio for today is 9.68.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Midea Group Co's Enterprise Value is ¥427,704 Mil.
Midea Group Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥44,182 Mil. Therefore, Midea Group Co's EV-to-EBITDA ratio for today is 9.68.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Midea Group Co's Enterprise Value is ¥427,704 Mil.
Midea Group Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥383,557 Mil. Therefore, Midea Group Co's EV-to-Revenue ratio for today is 1.12.
Midea Group Co Enterprise Value Historical Data
The historical data trend for Midea Group Co'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 Midea Group Co's Enterprise Value
For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co'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.
Midea Group Co's Enterprise Value Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Midea Group Co's Enterprise Value falls into.
Midea Group Co 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.
Midea Group Co'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.
Midea Group Co (SZSE:000333) 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.
Midea Group Co's current Enterprise Value is ¥427,704 Mil.
Midea Group Co'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 ¥44,182 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Midea Group Co's current Enterprise Value is ¥427,704 Mil.
Midea Group Co'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 ¥44,182 Mil.
Midea Group Co's current Enterprise Value is ¥427,704 Mil.
Midea Group Co'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 ¥383,557 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.
Midea Group Co Enterprise Value Related Terms
Thank you for viewing the detailed overview of Midea Group Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, producing air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most of the home appliance products. The firm is also involved in industrial automation systems through its 100% stake in Kuka, a leading global player in the industry based in Germany. Heating, ventilation, and air-conditioning, or HVAC, products accounted for 44% of Midea's total revenue in 2022, followed by other consumer appliances (36%) and robotics and automation systems (9%). In addition, more than 40% of the group's sales is ex-China.
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