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Avis Budget Group (Avis Budget Group) Enterprise Value : $29,580 Mil (As of Apr. 25, 2024)


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What is Avis Budget Group 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, Avis Budget Group's Enterprise Value is $29,580 Mil. Avis Budget Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,210 Mil. Therefore, Avis Budget Group's EV-to-EBIT ratio for today is 13.38.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Avis Budget Group's Enterprise Value is $29,580 Mil. Avis Budget Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $5,660 Mil. Therefore, Avis Budget Group's EV-to-EBITDA ratio for today is 5.23.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Avis Budget Group's Enterprise Value is $29,580 Mil. Avis Budget Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $12,664 Mil. Therefore, Avis Budget Group's EV-to-Revenue ratio for today is 2.34.


Avis Budget Group Enterprise Value Historical Data

The historical data trend for Avis Budget 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.

Avis Budget Group Enterprise Value Chart

Avis Budget Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,821.76 15,578.00 28,894.72 26,745.27 32,108.10

Avis Budget Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26,745.27 29,105.00 33,640.80 32,199.53 32,108.10

Competitive Comparison of Avis Budget Group's Enterprise Value

For the Rental & Leasing Services subindustry, Avis Budget 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.


Avis Budget Group's Enterprise Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avis Budget Group's Enterprise Value distribution charts can be found below:

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



Avis Budget 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.

Avis Budget Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Avis Budget 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.


Avis Budget Group  (NAS:CAR) 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.

Avis Budget Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=29580.352/2210
=13.38

Avis Budget Group's current Enterprise Value is $29,580 Mil.
Avis Budget Group'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 $2,210 Mil.

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

Avis Budget Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=29580.352/5660
=5.23

Avis Budget Group's current Enterprise Value is $29,580 Mil.
Avis Budget Group'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 $5,660 Mil.

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

Avis Budget Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=29580.352/12664
=2.34

Avis Budget Group's current Enterprise Value is $29,580 Mil.
Avis Budget Group'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 $12,664 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.


Avis Budget Group Enterprise Value Related Terms

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Avis Budget Group (Avis Budget Group) Business Description

Traded in Other Exchanges
Address
6 Sylvan Way, Parsippany, NJ, USA, 07054
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.
Executives
Joseph A. Ferraro officer: President, Americas 6 SYLVAN WAY, PARSIPPANY NJ 07054
Izilda P Martins officer: Sr VP and Acting CAO 6 SYLVAN WAY, PARSIPPANY NJ 07054
Patrick K Rankin officer: President, International 6 SYLVAN WAY, PARSIPPANY NJ 07054
Lynn Krominga director 6 SYLVAN WAY, PARSIPPANY NJ 07054
Edward P Linnen officer: SVP, Chief HR Officer 6 SYLVAN WAY, PARSIPPANY NJ 07054
Bernardo Hees director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Karthik R. Sarma director, 10 percent owner ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036
Jean M Sera officer: SVP, GC & Corp. Sec. AVIS BUDGET GROUP, 6 SYLVAN WAY, PARSIPPANY NJ 07054
Glenn Lurie director C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BLVD., BRIDGEWATER NJ 08807
Ravi Simhambhatla officer: EVP, CDIO - see remarks 6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054
Anu Hariharan director 2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Cathleen Degenova officer: Chief Accounting Officer 6 SYLVAN WAY, PARSIPPANY NJ 07054
Veresh Sita officer: EVP, CDIO (1) 6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054
Brian J Choi director C/O SRS INVESTMENT MANAGEMENT, LLC, ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036
Srs Investment Management, Llc 10 percent owner 1 BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036