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, Heidelberg Materials AG's Enterprise Value is €22,374 Mil.
Heidelberg Materials AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €3,068 Mil. Therefore, Heidelberg Materials AG's EV-to-EBIT ratio for today is 7.29.
* 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 Heidelberg Materials AG's Enterprise Value
For the Building Materials subindustry, Heidelberg Materials AG'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.
Heidelberg Materials AG's Enterprise Value Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Heidelberg Materials AG's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Heidelberg Materials AG's Enterprise Value falls into.
Heidelberg Materials AG 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.
Heidelberg Materials AG'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.
Heidelberg Materials AG (XTER:HEI) 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.
Heidelberg Materials AG's current Enterprise Value is €22,374 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heidelberg Materials AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €3,068 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Heidelberg Materials AG's EV-to-EBITDA for today is:
Heidelberg Materials AG's current Enterprise Value is €22,374 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heidelberg Materials AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €4,309 Mil.
Heidelberg Materials AG's current Enterprise Value is €22,374 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heidelberg Materials AG's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €21,178 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.
Heidelberg Materials AG Enterprise Value Related Terms
Thank you for viewing the detailed overview of Heidelberg Materials AG's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Heidelberg Materials AG (XTER:HEI) Business Description
Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. North America is the company's largest market, contributing 29% of EBITDA, followed by Western and Southern Europe, contributing 21%. Heidelberg Materials is listed in Germany and has 55,000 employees.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTER:HEI has been successfully added to your 