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, AVIC Joy Holdings (HK)'s Enterprise Value is HK$1,096.97 Mil.
AVIC Joy Holdings (HK)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was HK$8.89 Mil. Therefore, AVIC Joy Holdings (HK)'s EV-to-EBIT ratio for today is 123.41.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, AVIC Joy Holdings (HK)'s Enterprise Value is HK$1,096.97 Mil.
AVIC Joy Holdings (HK)'s EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 was HK$10.22 Mil. Therefore, AVIC Joy Holdings (HK)'s EV-to-EBITDA ratio for today is 107.39.
AVIC Joy Holdings (HK) Enterprise Value Historical Data
The historical data trend for AVIC Joy Holdings (HK)'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 AVIC Joy Holdings (HK)'s Enterprise Value
For the Conglomerates subindustry, AVIC Joy Holdings (HK)'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.
AVIC Joy Holdings (HK)'s Enterprise Value Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, AVIC Joy Holdings (HK)'s Enterprise Value distribution charts can be found below:
* The bar in red indicates where AVIC Joy Holdings (HK)'s Enterprise Value falls into.
AVIC Joy Holdings (HK) 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.
AVIC Joy Holdings (HK)'s Enterprise Value for the fiscal year that ended in Dec. 2021 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.
AVIC Joy Holdings (HK) (HKSE:00260) 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.
AVIC Joy Holdings (HK)'s current Enterprise Value is HK$1,096.97 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AVIC Joy Holdings (HK)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was HK$8.89 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
AVIC Joy Holdings (HK)'s EV-to-EBITDA for today is:
AVIC Joy Holdings (HK)'s current Enterprise Value is HK$1,096.97 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AVIC Joy Holdings (HK)'s EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 was HK$10.22 Mil.
AVIC Joy Holdings (HK)'s current Enterprise Value is HK$1,096.97 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. AVIC Joy Holdings (HK)'s Revenue for the trailing twelve months (TTM) ended in Jun. 2022 was HK$2.89 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.
AVIC Joy Holdings (HK) Enterprise Value Related Terms
Thank you for viewing the detailed overview of AVIC Joy Holdings (HK)'s Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
AVIC Joy Holdings (HK) (HKSE:00260) Business Description
AVIC Joy Holdings (HK) Ltd is an investment holding company. The company's operating segment includes Management and operation of Light Emitting Diode and Energy Management Contracts; Provision of finance lease and loan services and properties investment; and Provision of land development services and sale of construction materials.
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