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, Trend Micro's Enterprise Value is $4,873 Mil.
Trend Micro's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $226 Mil. Therefore, Trend Micro's EV-to-EBIT ratio for today is 21.59.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Trend Micro's Enterprise Value is $4,873 Mil.
Trend Micro's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $425 Mil. Therefore, Trend Micro's EV-to-EBITDA ratio for today is 11.46.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Trend Micro's Enterprise Value is $4,873 Mil.
Trend Micro's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,755 Mil. Therefore, Trend Micro's EV-to-Revenue ratio for today is 2.78.
Trend Micro Enterprise Value Historical Data
The historical data trend for Trend Micro'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 Trend Micro's Enterprise Value
For the Software - Infrastructure subindustry, Trend Micro'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.
Trend Micro's Enterprise Value Distribution in the Software Industry
For the Software industry and Technology sector, Trend Micro's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Trend Micro's Enterprise Value falls into.
Trend Micro 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.
Trend Micro'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.
Trend Micro (OTCPK:TMICY) 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.
Trend Micro's current Enterprise Value is $4,873 Mil.
Trend Micro'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 $226 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Trend Micro's current Enterprise Value is $4,873 Mil.
Trend Micro'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 $425 Mil.
Trend Micro's current Enterprise Value is $4,873 Mil.
Trend Micro'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 $1,755 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.
Trend Micro Enterprise Value Related Terms
Thank you for viewing the detailed overview of Trend Micro's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Trend Micro provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. Sales have averaged 75% annual growth over the past decade. Customers include British Airways, Merrill Lynch, Microsoft, Pacific Bell, and governmental agencies in the United States and Japan.
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