What is Formosa Chemicals & Fibre 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, Formosa Chemicals & Fibre's Enterprise Value is NT$377,414 Mil.
Formosa Chemicals & Fibre's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was NT$13,182 Mil. Therefore, Formosa Chemicals & Fibre's EV-to-EBIT ratio for today is 28.63.
* 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 Formosa Chemicals & Fibre's Enterprise Value
For the Chemicals subindustry, Formosa Chemicals & Fibre'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.
Formosa Chemicals & Fibre's Enterprise Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosa Chemicals & Fibre's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Formosa Chemicals & Fibre's Enterprise Value falls into.
Formosa Chemicals & Fibre 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.
Formosa Chemicals & Fibre'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.
Formosa Chemicals & Fibre (TPE:1326) 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.
Formosa Chemicals & Fibre's EV-to-EBIT for today is
Formosa Chemicals & Fibre's current Enterprise Value is NT$377,414 Mil.
Formosa Chemicals & Fibre'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 NT$13,182 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Formosa Chemicals & Fibre's EV-to-EBITDA for today is:
Formosa Chemicals & Fibre's current Enterprise Value is NT$377,414 Mil.
Formosa Chemicals & Fibre'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 NT$29,777 Mil.
Formosa Chemicals & Fibre's current Enterprise Value is NT$377,414 Mil.
Formosa Chemicals & Fibre'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 NT$333,532 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.
Formosa Chemicals & Fibre Enterprise Value Related Terms
Thank you for viewing the detailed overview of Formosa Chemicals & Fibre's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Formosa Chemicals & Fibre (TPE:1326) Business Description
Formosa Chemicals & Fibre Corp manufactures and sells a variety of chemicals, plastics-based products, and textiles. The Company has eight business divisions, namely First Chemical Division, Petrochemicals Division, Third Chemical Division, Plastics Division, Textile Division, First Fiber Division, Second Fiber Division, and Engineering & Construction Division. The Company's businesses are production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing and finishing.
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