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International Game Technology (International Game Technology) Enterprise Value

: $9,358 Mil (As of Today)
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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, International Game Technology's Enterprise Value is $9,358 Mil. International Game Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $941 Mil. Therefore, International Game Technology's EV-to-EBIT ratio for today is 9.94.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, International Game Technology's Enterprise Value is $9,358 Mil. International Game Technology's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,484 Mil. Therefore, International Game Technology's EV-to-EBITDA ratio for today is 6.31.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, International Game Technology's Enterprise Value is $9,358 Mil. International Game Technology's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $4,311 Mil. Therefore, International Game Technology's EV-to-Revenue ratio for today is 2.17.


International Game Technology Enterprise Value Historical Data

The historical data trend for International Game Technology'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.

International Game Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11,650.49 11,938.28 12,851.62 10,503.11 11,357.21

International Game Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 10,503.11 11,162.53 12,461.34 12,045.61 11,357.21

Competitive Comparison

For the Gambling subindustry, International Game Technology'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.


International Game Technology Enterprise Value Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, International Game Technology's Enterprise Value distribution charts can be found below:

* The bar in red indicates where International Game Technology's Enterprise Value falls into.



International Game Technology 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.

International Game Technology's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

International Game Technology'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.


International Game Technology  (NYSE:IGT) 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.

International Game Technology's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9357.635/941
=9.94

International Game Technology's current Enterprise Value is $9,358 Mil.
International Game Technology'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 $941 Mil.

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

International Game Technology's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9357.635/1484
=6.31

International Game Technology's current Enterprise Value is $9,358 Mil.
International Game Technology'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 $1,484 Mil.

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

International Game Technology's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9357.635/4311
=2.17

International Game Technology's current Enterprise Value is $9,358 Mil.
International Game Technology'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 $4,311 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.


International Game Technology Enterprise Value Related Terms

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International Game Technology (International Game Technology) Business Description

Traded in Other Exchanges
Address
10 Finsbury Square, Third Floor, London, GBR, EC2A 1AF
International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and Digital & Betting.. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.