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, Ashtead Group's Enterprise Value is $42,483 Mil.
Ashtead Group's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $2,662 Mil. Therefore, Ashtead Group's EV-to-EBIT ratio for today is 15.96.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ashtead Group's Enterprise Value is $42,483 Mil.
Ashtead Group's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 was $4,819 Mil. Therefore, Ashtead Group's EV-to-EBITDA ratio for today is 8.82.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ashtead Group's Enterprise Value is $42,483 Mil.
Ashtead Group's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 was $10,675 Mil. Therefore, Ashtead Group's EV-to-Revenue ratio for today is 3.98.
Ashtead Group Enterprise Value Historical Data
The historical data trend for Ashtead Group'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 Ashtead Group's Enterprise Value
For the Rental & Leasing Services subindustry, Ashtead Group'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.
Ashtead Group's Enterprise Value Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Ashtead Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ashtead Group's Enterprise Value falls into.
Ashtead Group 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.
Ashtead Group's Enterprise Value for the fiscal year that ended in Apr. 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.
Ashtead Group (OTCPK:ASHTF) 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.
Ashtead Group's current Enterprise Value is $42,483 Mil.
Ashtead Group's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,662 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ashtead Group's current Enterprise Value is $42,483 Mil.
Ashtead Group's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,819 Mil.
Ashtead Group's current Enterprise Value is $42,483 Mil.
Ashtead Group's Revenue for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,675 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.
Ashtead Group Enterprise Value Related Terms
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Ashtead Group (Ashtead Group) Business Description
Ashtead is an equipment rental business with operations in the U.S., Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the U.S. where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.
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