GURUFOCUS.COM » STOCK LIST » Technology » Software » Dave Inc (NAS:DAVE) » Definitions » Enterprise Value

Dave (DAVE) Enterprise Value : $579.8 Mil (As of May. 02, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Dave 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, Dave's Enterprise Value is $579.8 Mil. Dave's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-36.6 Mil. Therefore, Dave's EV-to-EBIT ratio for today is -15.83.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Dave's Enterprise Value is $579.8 Mil. Dave's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-31.1 Mil. Therefore, Dave's EV-to-EBITDA ratio for today is -18.65.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Dave's Enterprise Value is $579.8 Mil. Dave's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $259.1 Mil. Therefore, Dave's EV-to-Revenue ratio for today is 2.24.


Dave Enterprise Value Historical Data

The historical data trend for Dave'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.

Dave Enterprise Value Chart

Dave Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - - 95.68 127.22

Dave Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 95.68 55.75 65.48 85.16 127.22

Competitive Comparison of Dave's Enterprise Value

For the Software - Application subindustry, Dave'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.


Dave's Enterprise Value Distribution in the Software Industry

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

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



Dave 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.

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

Dave's Enterprise Value for the quarter 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.


Dave  (NAS:DAVE) 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.

Dave's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=579.758/-36.623
=-15.83

Dave's current Enterprise Value is $579.8 Mil.
Dave's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-36.6 Mil.

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

Dave's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=579.758/-31.079
=-18.65

Dave's current Enterprise Value is $579.8 Mil.
Dave's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31.1 Mil.

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

Dave's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=579.758/259.093
=2.24

Dave's current Enterprise Value is $579.8 Mil.
Dave's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $259.1 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.


Dave Enterprise Value Related Terms

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


Dave (DAVE) Business Description

Traded in Other Exchanges
N/A
Address
1265 South Cochran Ave, Los Angeles, CA, USA, 90019
Dave Inc is engaged in offering banking app that offers its customers banking, financial insights, overdraft protection, building credit, and finding side gigs.
Executives
Kyle Beilman officer: CFO and Secretay C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES CA 90019
Jason Wilk director, officer: Chief Executive Officer C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES CA 90019
Section 32 Fund 1, Lp 10 percent owner 169 UNIVERSITY AVE., PALO ALTO CA 94301
Teresa Luna Aragones director C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Section 32 Gp 1, Llc 10 percent owner 169 UNIVERSITY AVE., PALO ALTO CA 94301
William J Maris 10 percent owner 2033 SAN ELIJO AVE., #565, CARDIFF-BY-THE-SEA CA 92007
Michael W Pope director 601 BRANNAN STREET, SAN FRANCISCO CA 94107
Dan Preston director C/O METROMILE, INC., 425 MARKET STREET, SUITE 700, SAN FRANCISCO CA 94105
Andrea Mitchell director C/O DAVE INC., 1265 SOUTH COCHRAN AVENUE, LOS ANGELES CA 90019
Charles S Paul director, 10 percent owner C/O AMC ENTERTAINMENT INC, 920 MAIN ST, KANSAS CITY MO 64105
Peter Offenhauser director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Janet Kloppenburg director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Vpc Impact Acquisition Holdings Sponsor Iii, Llc director, 10 percent owner, other: See Remarks 150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
Carly Altieri officer: Chief Financial Officer C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Brendan Carroll director, officer: Co-Chief Executive Officer C/O VICTORY PARK CAPITAL ADVISORS, LLC, 227 W. MONROE STREET, SUITE 3900, CHICAGO IL 60606