GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group Ltd (NYSE:BHP) » Definitions » Enterprise Value

BHP Group (BHP Group) Enterprise Value

: $158,839 Mil (As of Today)
View and export this data going back to 1987. Start your Free Trial

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, BHP Group's Enterprise Value is $158,839 Mil. BHP Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $17,410 Mil. Therefore, BHP Group's EV-to-EBIT ratio for today is 9.12.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, BHP Group's Enterprise Value is $158,839 Mil. BHP Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $22,644 Mil. Therefore, BHP Group's EV-to-EBITDA ratio for today is 7.01.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, BHP Group's Enterprise Value is $158,839 Mil. BHP Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $55,336 Mil. Therefore, BHP Group's EV-to-Revenue ratio for today is 2.87.


BHP Group Enterprise Value Historical Data

The historical data trend for BHP 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.

* Premium members only.

BHP Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 146,121.50 131,328.75 175,581.58 146,408.11 166,459.37

BHP Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 146,779.60 146,408.11 165,744.21 166,459.37 188,972.58

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, BHP 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.


BHP Group Enterprise Value Distribution

For the Metals & Mining industry and Basic Materials sector, BHP Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where BHP Group's Enterprise Value falls into.



BHP 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.

BHP Group's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as

BHP Group's Enterprise Value for the quarter 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.


BHP Group  (NYSE:BHP) 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.

BHP Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=158838.554/17410
=9.12

BHP Group's current Enterprise Value is $158,839 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BHP Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $17,410 Mil.

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

BHP Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=158838.554/22644
=7.01

BHP Group's current Enterprise Value is $158,839 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BHP Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $22,644 Mil.

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

BHP Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=158838.554/55336
=2.87

BHP Group's current Enterprise Value is $158,839 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. BHP Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $55,336 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.


BHP Group Enterprise Value Related Terms

Thank you for viewing the detailed overview of BHP Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


BHP Group (BHP Group) Business Description

Address
171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. BHP is growing its nickel business to supply more battery grade nickel and is also entering the potash market through the development of its Jansen mine in Canada. It also purchased copper miner Oz Minerals in fiscal 2023.