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Harmonic Drive Systems (TSE:6324) Enterprise Value : 円398,245 Mil (As of May. 21, 2024)


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What is Harmonic Drive Systems 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, Harmonic Drive Systems's Enterprise Value is 円398,245 Mil. Harmonic Drive Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円3,296 Mil. Therefore, Harmonic Drive Systems's EV-to-EBIT ratio for today is 120.84.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Harmonic Drive Systems's Enterprise Value is 円398,245 Mil. Harmonic Drive Systems's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was 円3,296 Mil. Therefore, Harmonic Drive Systems's EV-to-EBITDA ratio for today is 120.84.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Harmonic Drive Systems's Enterprise Value is 円398,245 Mil. Harmonic Drive Systems's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was 円60,093 Mil. Therefore, Harmonic Drive Systems's EV-to-Revenue ratio for today is 6.63.


Harmonic Drive Systems Enterprise Value Historical Data

The historical data trend for Harmonic Drive Systems'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.

Harmonic Drive Systems Enterprise Value Chart

Harmonic Drive Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 351,916.72 454,998.28 715,557.74 407,208.86 424,361.57

Harmonic Drive Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 362,848.56 424,361.57 442,610.95 318,548.44 400,952.01

Competitive Comparison of Harmonic Drive Systems's Enterprise Value

For the Specialty Industrial Machinery subindustry, Harmonic Drive Systems'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.


Harmonic Drive Systems's Enterprise Value Distribution in the Industrial Products Industry

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

* The bar in red indicates where Harmonic Drive Systems's Enterprise Value falls into.



Harmonic Drive Systems 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.

Harmonic Drive Systems's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Harmonic Drive Systems's Enterprise Value for the quarter 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.


Harmonic Drive Systems  (TSE:6324) 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.

Harmonic Drive Systems's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=398244.597/3295.524
=120.84

Harmonic Drive Systems's current Enterprise Value is 円398,245 Mil.
Harmonic Drive Systems'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 円3,296 Mil.

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

Harmonic Drive Systems's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=398244.597/3295.524
=120.84

Harmonic Drive Systems's current Enterprise Value is 円398,245 Mil.
Harmonic Drive Systems'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 円3,296 Mil.

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

Harmonic Drive Systems's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=398244.597/60093.177
=6.63

Harmonic Drive Systems's current Enterprise Value is 円398,245 Mil.
Harmonic Drive Systems'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 円60,093 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.


Harmonic Drive Systems Enterprise Value Related Terms

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Harmonic Drive Systems (TSE:6324) Business Description

Traded in Other Exchanges
Address
6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013
Harmonic Drive Systems manufactures and sells high-precision reduction gears (speed reducers) under the Harmonic Drive brand as well as other mechatronics products such as rotary actuators, linear actuators, and AC servo motors. The company also provides planetary-gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo.

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