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, Air Liquide's Enterprise Value is €107,315 Mil.
Air Liquide's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €4,228 Mil. Therefore, Air Liquide's EV-to-EBIT ratio for today is 25.38.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Air Liquide's Enterprise Value is €107,315 Mil.
Air Liquide's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €6,710 Mil. Therefore, Air Liquide's EV-to-EBITDA ratio for today is 15.99.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Air Liquide's Enterprise Value is €107,315 Mil.
Air Liquide's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €27,608 Mil. Therefore, Air Liquide's EV-to-Revenue ratio for today is 3.89.
Air Liquide Enterprise Value Historical Data
The historical data trend for Air Liquide'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.
Competitive Comparison of Air Liquide's Enterprise Value
For the Specialty Chemicals subindustry, Air Liquide'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.
Air Liquide's Enterprise Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Liquide's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Air Liquide's Enterprise Value falls into.
Air Liquide 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.
Air Liquide'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.
Air Liquide (XPAR:AI) 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.
Air Liquide's current Enterprise Value is €107,315 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €4,228 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Air Liquide's current Enterprise Value is €107,315 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €6,710 Mil.
Air Liquide's current Enterprise Value is €107,315 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air Liquide's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €27,608 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.
Air Liquide Enterprise Value Related Terms
Thank you for viewing the detailed overview of Air Liquide's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 29.9 billion of revenue in 2022, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. The healthcare division serves around 1.8 million patients and 15,000 hospitals and clinics annually. Air Liquide employs approximately 65,000 people.
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