GURUFOCUS.COM » STOCK LIST » Technology » Software » Clear Secure Inc (NYSE:YOU) » Definitions » Enterprise Value

Clear Secure (Clear Secure) Enterprise Value : $1,094.8 Mil (As of May. 14, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Clear Secure 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, Clear Secure's Enterprise Value is $1,094.8 Mil. Clear Secure's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $58.9 Mil. Therefore, Clear Secure's EV-to-EBIT ratio for today is 18.59.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Clear Secure's Enterprise Value is $1,094.8 Mil. Clear Secure's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $81.5 Mil. Therefore, Clear Secure's EV-to-EBITDA ratio for today is 13.44.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Clear Secure's Enterprise Value is $1,094.8 Mil. Clear Secure's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $660.3 Mil. Therefore, Clear Secure's EV-to-Revenue ratio for today is 1.66.


Clear Secure Enterprise Value Historical Data

The historical data trend for Clear Secure'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.

Clear Secure Enterprise Value Chart

Clear Secure Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - 2,075.67 2,077.38 1,454.32

Clear Secure Quarterly Data
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 1,969.80 1,642.50 1,302.67 1,454.32 1,447.10

Competitive Comparison of Clear Secure's Enterprise Value

For the Software - Application subindustry, Clear Secure'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.


Clear Secure's Enterprise Value Distribution in the Software Industry

For the Software industry and Technology sector, Clear Secure's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Clear Secure's Enterprise Value falls into.



Clear Secure 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.

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

Clear Secure'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.


Clear Secure  (NYSE:YOU) 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.

Clear Secure's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1094.814/58.885
=18.59

Clear Secure's current Enterprise Value is $1,094.8 Mil.
Clear Secure'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 $58.9 Mil.

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

Clear Secure's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1094.814/81.459
=13.44

Clear Secure's current Enterprise Value is $1,094.8 Mil.
Clear Secure'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 $81.5 Mil.

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

Clear Secure's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1094.814/660.272
=1.66

Clear Secure's current Enterprise Value is $1,094.8 Mil.
Clear Secure'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 $660.3 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.


Clear Secure Enterprise Value Related Terms

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


Clear Secure (Clear Secure) Business Description

Traded in Other Exchanges
N/A
Address
85 10th Avenue, 9th Floor, New York, NY, USA, 10011
Clear Secure Inc is involved in the creation of a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports which helps to make the travel experience safe and easy.
Executives
Durable Capital Partners Lp 10 percent owner 4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
Shawn Henry director CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Jonathan J. Feldman officer: EVP, Powered by CLEAR 85 10TH AVE., 9TH FLOOR, NEW YORK NY 10011
Kasra Moshkani officer: EVP, Operations 85 10TH AVE., 9TH FLOOR, NEW YORK NY 10022
Patterson Richard N. Jr. officer: Chief Info Sec. Officer 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Jeffery H Boyd director C/O ASPEN GROVE CAPITAL, LLC, PO BOX 9389, AVON CO 81620
General Atlantic Partners Aiv (ac), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p. 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gapco Aiv Interholdco (ac), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Matthew Levine officer: GC & Chief Privacy Officer 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Kenneth L. Cornick director, 10 percent owner, officer: President & CFO 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Alclear Investments Ii, Llc director, 10 percent owner, other: See Remarks 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Alclear Investments, Llc director, 10 percent owner, other: See Remarks 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Dennis W. Liu officer: Chief Accounting Officer 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
General Atlantic (alc), L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055