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, FTC Solar's Enterprise Value is $50.69 Mil.
FTC Solar's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-47.45 Mil. Therefore, FTC Solar's EV-to-EBIT ratio for today is -1.07.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, FTC Solar's Enterprise Value is $50.69 Mil.
FTC Solar's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-46.00 Mil. Therefore, FTC Solar's EV-to-EBITDA ratio for today is -1.10.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, FTC Solar's Enterprise Value is $50.69 Mil.
FTC Solar's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $98.70 Mil. Therefore, FTC Solar's EV-to-Revenue ratio for today is 0.51.
FTC Solar Enterprise Value Historical Data
The historical data trend for FTC Solar'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 FTC Solar's Enterprise Value
For the Solar subindustry, FTC Solar'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.
FTC Solar's Enterprise Value Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, FTC Solar's Enterprise Value distribution charts can be found below:
* The bar in red indicates where FTC Solar's Enterprise Value falls into.
FTC Solar 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.
FTC Solar'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.
FTC Solar (NAS:FTCI) 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.
FTC Solar's current Enterprise Value is $50.69 Mil.
FTC Solar'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 $-47.45 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
FTC Solar's current Enterprise Value is $50.69 Mil.
FTC Solar'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 $-46.00 Mil.
FTC Solar's current Enterprise Value is $50.69 Mil.
FTC Solar'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 $98.70 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.
FTC Solar Enterprise Value Related Terms
Thank you for viewing the detailed overview of FTC Solar's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
FTC Solar Inc is a global provider of advanced solar tracker systems, supported by proprietary software and value-added engineering services. It focuses on providing differentiated products, software and services that maximize energy generation and cost savings for customers, and to help facilitate the continued growth and adoption of solar power globally.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FTCI has been successfully added to your 