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5Banc Split (TSX:FBS.PR.C.PFD) Enterprise Value : C$-0.58 Mil (As of May. 27, 2024)


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What is 5Banc Split 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, 5Banc Split's Enterprise Value is C$-0.58 Mil. 5Banc Split's EBIT for the trailing twelve months (TTM) ended in Jun. 2016 was C$2.40 Mil. Therefore, 5Banc Split's EV-to-EBIT ratio for today is -0.24.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, 5Banc Split's Enterprise Value is C$-0.58 Mil. 5Banc Split's EBITDA for the trailing twelve months (TTM) ended in Jun. 2016 was C$2.40 Mil. Therefore, 5Banc Split's EV-to-EBITDA ratio for today is -0.24.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, 5Banc Split's Enterprise Value is C$-0.58 Mil. 5Banc Split's Revenue for the trailing twelve months (TTM) ended in Jun. 2016 was C$2.74 Mil. Therefore, 5Banc Split's EV-to-Revenue ratio for today is -0.21.


5Banc Split Enterprise Value Historical Data

The historical data trend for 5Banc Split'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.

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5Banc Split Enterprise Value Chart

5Banc Split Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Enterprise Value
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5Banc Split Semi-Annual Data
Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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Competitive Comparison of 5Banc Split's Enterprise Value

For the Asset Management subindustry, 5Banc Split'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.


5Banc Split's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 5Banc Split's Enterprise Value distribution charts can be found below:

* The bar in red indicates where 5Banc Split's Enterprise Value falls into.



5Banc Split 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.

5Banc Split's Enterprise Value for the fiscal year that ended in Dec. 2015 is calculated as

5Banc Split's Enterprise Value for the quarter that ended in Jun. 2016 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.


5Banc Split  (TSX:FBS.PR.C.PFD) 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.

5Banc Split's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-0.578/2.398
=-0.24

5Banc Split's current Enterprise Value is C$-0.58 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. 5Banc Split's EBIT for the trailing twelve months (TTM) ended in Jun. 2016 was C$2.40 Mil.

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

5Banc Split's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-0.578/2.398
=-0.24

5Banc Split's current Enterprise Value is C$-0.58 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. 5Banc Split's EBITDA for the trailing twelve months (TTM) ended in Jun. 2016 was C$2.40 Mil.

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

5Banc Split's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-0.578/2.736
=-0.21

5Banc Split's current Enterprise Value is C$-0.58 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. 5Banc Split's Revenue for the trailing twelve months (TTM) ended in Jun. 2016 was C$2.74 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.


5Banc Split Enterprise Value Related Terms

Thank you for viewing the detailed overview of 5Banc Split's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


5Banc Split (TSX:FBS.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
5Banc Split, Inc. operates as a closed-end mutual fund in Canada. It invests in a portfolio of publicly listed common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and toronto-Dominion Bank. The Company holds the Portfolio Shares in order to generate fixed cumulative preferential dividends for the holders of the Company's Preferred Shares. Holders of the Capital Shares will also receive, subject to the prior rights of Preferred Shareholders, excess dividends, if any, after payment of the expenses of the Company and dividends on the Preferred Shares. The Company also provides holders of the Capital Shares with a leveraged investment, the value of which is linked to the changes in the fair value of the Portfolio Shares. The holders of Capital Shares benefit from capital appreciation in the Portfolio Shares in excess of the value of the Preferred Shares, any accrued and unpaid distributions on the Preferred Shares, and accrued and unpaid expenses. The Company only trades the Portfolio Shares in limited circumstances as described in the Company's original prospectus.

5Banc Split (TSX:FBS.PR.C.PFD) Headlines

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