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, Avid Technology's Enterprise Value is $1,408.1 Mil.
Avid Technology's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $18.7 Mil. Therefore, Avid Technology's EV-to-EBIT ratio for today is 75.30.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Avid Technology's Enterprise Value is $1,408.1 Mil.
Avid Technology's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $28.6 Mil. Therefore, Avid Technology's EV-to-EBITDA ratio for today is 49.23.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Avid Technology's Enterprise Value is $1,408.1 Mil.
Avid Technology's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $413.5 Mil. Therefore, Avid Technology's EV-to-Revenue ratio for today is 3.41.
Avid Technology Enterprise Value Historical Data
The historical data trend for Avid Technology'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 Avid Technology's Enterprise Value
For the Software - Application subindustry, Avid Technology'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.
Avid Technology's Enterprise Value Distribution in the Software Industry
For the Software industry and Technology sector, Avid Technology's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Avid Technology's Enterprise Value falls into.
Avid Technology 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.
Avid Technology's Enterprise Value for the fiscal year that ended in Dec. 2022 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.
Avid Technology (NAS:AVID) 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.
Avid Technology's current Enterprise Value is $1,408.1 Mil.
Avid Technology's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.7 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Avid Technology's current Enterprise Value is $1,408.1 Mil.
Avid Technology's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $28.6 Mil.
Avid Technology's current Enterprise Value is $1,408.1 Mil.
Avid Technology's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $413.5 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.
Avid Technology Enterprise Value Related Terms
Thank you for viewing the detailed overview of Avid Technology's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Avid Technology (Avid Technology) Business Description
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AVID has been successfully added to your 