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TPI Composites (TPI Composites) Enterprise Value : $728 Mil (As of May. 15, 2024)


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What is TPI Composites 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, TPI Composites's Enterprise Value is $728 Mil. TPI Composites's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-195 Mil. Therefore, TPI Composites's EV-to-EBIT ratio for today is -3.73.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, TPI Composites's Enterprise Value is $728 Mil. TPI Composites's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-157 Mil. Therefore, TPI Composites's EV-to-EBITDA ratio for today is -4.63.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, TPI Composites's Enterprise Value is $728 Mil. TPI Composites's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $1,350 Mil. Therefore, TPI Composites's EV-to-Revenue ratio for today is 0.54.


TPI Composites Enterprise Value Historical Data

The historical data trend for TPI Composites'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.

TPI Composites Enterprise Value Chart

TPI Composites 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 852.82 2,198.88 824.48 819.41 655.67

TPI Composites Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,057.86 950.19 639.92 655.67 670.03

Competitive Comparison of TPI Composites's Enterprise Value

For the Specialty Industrial Machinery subindustry, TPI Composites'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.


TPI Composites's Enterprise Value Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TPI Composites's Enterprise Value distribution charts can be found below:

* The bar in red indicates where TPI Composites's Enterprise Value falls into.



TPI Composites 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.

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

TPI Composites's Enterprise Value for the quarter that ended in Mar. 2024 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.


TPI Composites  (NAS:TPIC) 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.

TPI Composites's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=727.700/-195.144
=-3.73

TPI Composites's current Enterprise Value is $728 Mil.
TPI Composites'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 $-195 Mil.

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

TPI Composites's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=727.700/-157.097
=-4.63

TPI Composites's current Enterprise Value is $728 Mil.
TPI Composites'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 $-157 Mil.

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

TPI Composites's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=727.700/1350.179
=0.54

TPI Composites's current Enterprise Value is $728 Mil.
TPI Composites'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 $1,350 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.


TPI Composites Enterprise Value Related Terms

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TPI Composites (TPI Composites) Business Description

Traded in Other Exchanges
Address
8501 North Scottsdale Road, Gainey Center II, Suite 100, Scottsdale, AZ, USA, 85253
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
Executives
Ryan D. Miller officer: Chief Financial Officer C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE, SUITE 100, SCOTTSDALE AZ 85253
Tyrone Michael Jordan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
William E Siwek officer: CFO C/O TPI COMPISITES, INC., 8501 N. SCOTTSDALE RD, SUITE 280, SCOTTSDALE AZ 85253
Jerrold I Lavine officer: President, Transportation C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85253
Oaktree Power Opportunities Fund V (delaware) Holdings, L.p. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Phoenix Investment Fund, L.p. 10 percent owner 333 S. GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Steven C Lockard director, officer: President and CEO C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Andrew Moir director C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Lance Morell Marram officer: Chief Commercial Officer C/O TPI COMPOSITES, INC., 8501 N. SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253
Peter Joseph Jonna director 11611 SAN VICENTE BLVD SUITE 700, LOS ANGELES CA 90049
James Alton Hughes director 350 W WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
Daniel G Weiss director, 10 percent owner 8501 N. SCOTTSDALE ROAD, GAINEY CENTER II, SUITE 100, SCOTTSDALE AZ 85253
Oaktree Holdings, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp I, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071

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