Switch to:
Express Scripts Holding Co (NAS:ESRX)
Enterprise Value
$64,710 Mil (As of Today)

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 and cash equivalents.

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Express Scripts Holding Co's enterprise value is $64,710 Mil. Express Scripts Holding Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $4,482 Mil. Therefore, Express Scripts Holding Co's EV/EBIT ratio for today is 14.44.

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Express Scripts Holding Co's enterprise value is $64,710 Mil. Express Scripts Holding Co's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2016 was $6,810 Mil. Therefore, Express Scripts Holding Co's EV/EBITDA ratio for today is 9.50.

EV/Revenue ratio is calculated as enterprise value divided by its Revenue. As of today, Express Scripts Holding Co's enterprise value is $64,710 Mil. Express Scripts Holding Co's revenue for the trailing twelve months (TTM) ended in Mar. 2016 was $101,644 Mil. Therefore, Express Scripts Holding Co's EV/Revenue ratio for today is 0.64.


Definition

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents.

Express Scripts Holding Co's Enterprise Value for the fiscal year that ended in Dec. 2014 is calculated as

Enterprise Value (A: Dec. 2014 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=61478.887+0+11012.7
+Current Portion of Long-Term Debt+Minority Interest-Cash and Cash Equivalents
+2555.3+9.8-1832.6
=73,224

Express Scripts Holding Co's Enterprise Value for the quarter that ended in Mar. 2016 is calculated as

Enterprise Value (Q: Mar. 2016 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=43467.032+0+14382.7
+Current Portion of Long-Term Debt+Minority Interest-Cash and Cash Equivalents
+2208.6+8.1-1771.1
=58,295

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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/EBIT ratio is calculated as enterprise value divided by its EBIT.

Express Scripts Holding Co's EV/EBIT for today is

Express Scripts Holding Co's current Enterprise Value is $64,710 Mil.
Express Scripts Holding Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 1138.7 (Jun. 2015 ) + 1174 (Sep. 2015 ) + 1219.5 (Dec. 2015 ) + 949.6 (Mar. 2016 ) = $4,482 Mil.

2. EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA.

Express Scripts Holding Co's EV/EBITDA for today is:

Express Scripts Holding Co's current Enterprise Value is $64,710 Mil.
Express Scripts Holding Co's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2016 was 1726.9 (Jun. 2015 ) + 1756.8 (Sep. 2015 ) + 1850.9 (Dec. 2015 ) + 1474.9 (Mar. 2016 ) = $6,810 Mil.

3. EV/Revenue ratio is calculated as enterprise value divided by its Revenue.

Express Scripts Holding Co's EV/Revenue for today is:

EV/Revenue ratio=Enterprise Value (Today)/Revenue (TTM)
=64710.080/101644
=0.64

Express Scripts Holding Co's current Enterprise Value is $64,710 Mil.
Express Scripts Holding Co's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2016 was 25454.2 (Jun. 2015 ) + 25222.6 (Sep. 2015 ) + 26175.4 (Dec. 2015 ) + 24791.8 (Mar. 2016 ) = $101,644 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Market Cap, Preferred Stock, Long-Term Debt & Capital Lease Obligation, Cash and Cash Equivalents, Current Portion of Long-Term Debt


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Express Scripts Holding Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev 11,03220,04114,83526,52830,51224,11457,30966,30173,22471,582

Express Scripts Holding Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev 66,30170,02964,95765,69973,22474,73376,12170,00871,58258,295
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK