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, Tsingtao Brewery Co's Enterprise Value is $9,489 Mil.
Tsingtao Brewery Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $810 Mil. Therefore, Tsingtao Brewery Co's EV-to-EBIT ratio for today is 11.72.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tsingtao Brewery Co's Enterprise Value is $9,489 Mil.
Tsingtao Brewery Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $810 Mil. Therefore, Tsingtao Brewery Co's EV-to-EBITDA ratio for today is 11.72.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tsingtao Brewery Co's Enterprise Value is $9,489 Mil.
Tsingtao Brewery Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $4,774 Mil. Therefore, Tsingtao Brewery Co's EV-to-Revenue ratio for today is 1.99.
Tsingtao Brewery Co Enterprise Value Historical Data
The historical data trend for Tsingtao Brewery 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 Tsingtao Brewery Co's Enterprise Value
For the Beverages - Brewers subindustry, Tsingtao Brewery 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.
Tsingtao Brewery Co's Enterprise Value Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tsingtao Brewery Co's Enterprise Value falls into.
Tsingtao Brewery 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.
Tsingtao Brewery Co'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.
Tsingtao Brewery Co (OTCPK:TSGTF) 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.
Tsingtao Brewery Co's current Enterprise Value is $9,489 Mil.
Tsingtao Brewery Co'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 $810 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tsingtao Brewery Co's current Enterprise Value is $9,489 Mil.
Tsingtao Brewery Co'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 $810 Mil.
Tsingtao Brewery Co's current Enterprise Value is $9,489 Mil.
Tsingtao Brewery Co'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 $4,774 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.
Tsingtao Brewery Co Enterprise Value Related Terms
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Tsingtao Brewery Co (Tsingtao Brewery Co) Business Description
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.
Tsingtao Brewery Co (Tsingtao Brewery Co) Headlines
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