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, Lai Sun Development Co's Enterprise Value is HK$25,473 Mil.
Lai Sun Development Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was HK$-2,779 Mil. Therefore, Lai Sun Development Co's EV-to-EBIT ratio for today is -9.17.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Lai Sun Development Co's Enterprise Value is HK$25,473 Mil.
Lai Sun Development Co's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 was HK$-2,779 Mil. Therefore, Lai Sun Development Co's EV-to-EBITDA ratio for today is -9.17.
Lai Sun Development Co Enterprise Value Historical Data
The historical data trend for Lai Sun Development Co'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 Lai Sun Development Co's Enterprise Value
For the Real Estate - Diversified subindustry, Lai Sun Development Co'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.
Lai Sun Development Co's Enterprise Value Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Lai Sun Development Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Lai Sun Development Co's Enterprise Value falls into.
Lai Sun Development Co 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.
Lai Sun Development Co's Enterprise Value for the fiscal year that ended in Jul. 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.
Lai Sun Development Co (HKSE:00488) 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.
Lai Sun Development Co's current Enterprise Value is HK$25,473 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lai Sun Development Co's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was HK$-2,779 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Lai Sun Development Co's EV-to-EBITDA for today is:
Lai Sun Development Co's current Enterprise Value is HK$25,473 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lai Sun Development Co's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 was HK$-2,779 Mil.
Lai Sun Development Co's current Enterprise Value is HK$25,473 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Lai Sun Development Co's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 was HK$5,473 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.
Lai Sun Development Co Enterprise Value Related Terms
Thank you for viewing the detailed overview of Lai Sun Development Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Lai Sun Development Co (HKSE:00488) Business Description
Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.
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