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, Steelcase's Enterprise Value is $1,678 Mil.
Steelcase's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $133 Mil. Therefore, Steelcase's EV-to-EBIT ratio for today is 12.62.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Steelcase's Enterprise Value is $1,678 Mil.
Steelcase's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 was $217 Mil. Therefore, Steelcase's EV-to-EBITDA ratio for today is 7.75.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Steelcase's Enterprise Value is $1,678 Mil.
Steelcase's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 was $3,160 Mil. Therefore, Steelcase's EV-to-Revenue ratio for today is 0.53.
Steelcase Enterprise Value Historical Data
The historical data trend for Steelcase'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 Steelcase's Enterprise Value
For the Business Equipment & Supplies subindustry, Steelcase'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.
Steelcase's Enterprise Value Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Steelcase's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Steelcase's Enterprise Value falls into.
Steelcase 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.
Steelcase's Enterprise Value for the fiscal year that ended in Feb. 2024 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.
Steelcase (NYSE:SCS) 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.
Steelcase's current Enterprise Value is $1,678 Mil.
Steelcase's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $133 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Steelcase's current Enterprise Value is $1,678 Mil.
Steelcase's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $217 Mil.
Steelcase's current Enterprise Value is $1,678 Mil.
Steelcase's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,160 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.
Steelcase Enterprise Value Related Terms
Thank you for viewing the detailed overview of Steelcase's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions. Majority of revenue is generated from Americas segment.
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