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, Merck KGaA's Enterprise Value is $79,185 Mil.
Merck KGaA's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $4,113 Mil. Therefore, Merck KGaA's EV-to-EBIT ratio for today is 19.25.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Merck KGaA's Enterprise Value is $79,185 Mil.
Merck KGaA's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $6,141 Mil. Therefore, Merck KGaA's EV-to-EBITDA ratio for today is 12.89.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Merck KGaA's Enterprise Value is $79,185 Mil.
Merck KGaA's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $22,630 Mil. Therefore, Merck KGaA's EV-to-Revenue ratio for today is 3.50.
Merck KGaA Enterprise Value Historical Data
The historical data trend for Merck KGaA'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 Merck KGaA's Enterprise Value
For the Drug Manufacturers - Specialty & Generic subindustry, Merck KGaA'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.
Merck KGaA's Enterprise Value Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Merck KGaA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Merck KGaA's Enterprise Value falls into.
Merck KGaA 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.
Merck KGaA's Enterprise Value for the fiscal year 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.
Merck KGaA (OTCPK:MKKGY) 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.
Merck KGaA's current Enterprise Value is $79,185 Mil.
Merck KGaA'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 $4,113 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Merck KGaA's current Enterprise Value is $79,185 Mil.
Merck KGaA'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 $6,141 Mil.
Merck KGaA's current Enterprise Value is $79,185 Mil.
Merck KGaA'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 $22,630 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.
Merck KGaA Enterprise Value Related Terms
Thank you for viewing the detailed overview of Merck KGaA's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Merck KGaA operates in three main segments: life sciences, performance materials, and healthcare. The life sciences segment (47% of 2022 sales) primarily provides laboratory consumables and services to researchers in academia and applied fields, including the biopharmaceutical industry. In the healthcare segment (35%), Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In its electronics segment (18%), the company offers specialty materials to manufacture a variety of products, such as semiconductors, flat-screen televisions, automobiles, and cosmetics. In 1995, the E. Merck KG family publicly sold part of the company, resulting in the current 30% public ownership of the firm.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MKKGY has been successfully added to your 