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Zhejiang Tengen Electric Co (SHSE:605066) Enterprise Value : ¥2,235 Mil (As of May. 24, 2024)


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What is Zhejiang Tengen Electric Co 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, Zhejiang Tengen Electric Co's Enterprise Value is ¥2,235 Mil. Zhejiang Tengen Electric Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥150 Mil. Therefore, Zhejiang Tengen Electric Co's EV-to-EBIT ratio for today is 14.86.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Zhejiang Tengen Electric Co's Enterprise Value is ¥2,235 Mil. Zhejiang Tengen Electric Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥150 Mil. Therefore, Zhejiang Tengen Electric Co's EV-to-EBITDA ratio for today is 14.86.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Zhejiang Tengen Electric Co's Enterprise Value is ¥2,235 Mil. Zhejiang Tengen Electric Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,928 Mil. Therefore, Zhejiang Tengen Electric Co's EV-to-Revenue ratio for today is 0.76.


Zhejiang Tengen Electric Co Enterprise Value Historical Data

The historical data trend for Zhejiang Tengen Electric 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.

* Premium members only.

Zhejiang Tengen Electric Co Enterprise Value Chart

Zhejiang Tengen Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial - 4,234.71 3,981.84 2,352.69 2,799.16

Zhejiang Tengen Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,543.44 3,171.05 2,712.78 2,799.16 2,263.64

Competitive Comparison of Zhejiang Tengen Electric Co's Enterprise Value

For the Electronic Components subindustry, Zhejiang Tengen Electric 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.


Zhejiang Tengen Electric Co's Enterprise Value Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Tengen Electric Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Zhejiang Tengen Electric Co's Enterprise Value falls into.



Zhejiang Tengen Electric 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.

Zhejiang Tengen Electric Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Zhejiang Tengen Electric Co's Enterprise Value for the quarter that ended in Mar. 2024 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.


Zhejiang Tengen Electric Co  (SHSE:605066) 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.

Zhejiang Tengen Electric Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2235.197/150.448
=14.86

Zhejiang Tengen Electric Co's current Enterprise Value is ¥2,235 Mil.
Zhejiang Tengen Electric Co'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 ¥150 Mil.

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

Zhejiang Tengen Electric Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2235.197/150.448
=14.86

Zhejiang Tengen Electric Co's current Enterprise Value is ¥2,235 Mil.
Zhejiang Tengen Electric Co'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 ¥150 Mil.

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

Zhejiang Tengen Electric Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2235.197/2928.173
=0.76

Zhejiang Tengen Electric Co's current Enterprise Value is ¥2,235 Mil.
Zhejiang Tengen Electric Co'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 ¥2,928 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.


Zhejiang Tengen Electric Co Enterprise Value Related Terms

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Zhejiang Tengen Electric Co (SHSE:605066) Business Description

Traded in Other Exchanges
N/A
Address
Sulu Industrial Zone, Liushi Town, Zhejiang Province, Yueqing, CHN, 325604
Zhejiang Tengen Electric Co Ltd is engaged in production and sales of low-voltage electrical products such as power distribution appliances, control appliances, terminal appliances, power appliances, and instrument appliances. The company produces industrial electrical products such as low-voltage power distribution and industrial control electrical appliances, smart meters, power supplies, frequency converters, high-voltage electrical appliances, and construction electrical appliances, for electric power, communications, new energy, industrial and civil construction, metallurgy, petrochemical, machinery manufacturing.

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