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Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Enterprise Value : $2,538 Mil (As of Apr. 27, 2024)


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What is Shandong Weigao Group Medical Polymer Co 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, Shandong Weigao Group Medical Polymer Co's Enterprise Value is $2,538 Mil. Shandong Weigao Group Medical Polymer Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $369 Mil. Therefore, Shandong Weigao Group Medical Polymer Co's EV-to-EBIT ratio for today is 6.87.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Shandong Weigao Group Medical Polymer Co's Enterprise Value is $2,538 Mil. Shandong Weigao Group Medical Polymer Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was $369 Mil. Therefore, Shandong Weigao Group Medical Polymer Co's EV-to-EBITDA ratio for today is 6.87.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Shandong Weigao Group Medical Polymer Co's Enterprise Value is $2,538 Mil. Shandong Weigao Group Medical Polymer Co's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was $1,850 Mil. Therefore, Shandong Weigao Group Medical Polymer Co's EV-to-Revenue ratio for today is 1.37.


Shandong Weigao Group Medical Polymer Co Enterprise Value Historical Data

The historical data trend for Shandong Weigao Group Medical Polymer Co'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.

Shandong Weigao Group Medical Polymer Co Enterprise Value Chart

Shandong Weigao Group Medical Polymer Co 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 5,460.06 9,766.98 5,632.27 7,098.16 4,122.50

Shandong Weigao Group Medical Polymer Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 5,632.27 5,307.82 7,098.16 5,773.15 4,122.50

Competitive Comparison of Shandong Weigao Group Medical Polymer Co's Enterprise Value

For the Medical Instruments & Supplies subindustry, Shandong Weigao Group Medical Polymer Co'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.


Shandong Weigao Group Medical Polymer Co's Enterprise Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shandong Weigao Group Medical Polymer Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Shandong Weigao Group Medical Polymer Co's Enterprise Value falls into.



Shandong Weigao Group Medical Polymer Co 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.

Shandong Weigao Group Medical Polymer Co's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Shandong Weigao Group Medical Polymer Co's Enterprise Value for the quarter that ended in Jun. 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.


Shandong Weigao Group Medical Polymer Co  (OTCPK:SHWGY) 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.

Shandong Weigao Group Medical Polymer Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2537.958/369.373
=6.87

Shandong Weigao Group Medical Polymer Co's current Enterprise Value is $2,538 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Shandong Weigao Group Medical Polymer Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $369 Mil.

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

Shandong Weigao Group Medical Polymer Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2537.958/369.373
=6.87

Shandong Weigao Group Medical Polymer Co's current Enterprise Value is $2,538 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Shandong Weigao Group Medical Polymer Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was $369 Mil.

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

Shandong Weigao Group Medical Polymer Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2537.958/1849.953
=1.37

Shandong Weigao Group Medical Polymer Co's current Enterprise Value is $2,538 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Shandong Weigao Group Medical Polymer Co's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was $1,850 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.


Shandong Weigao Group Medical Polymer Co Enterprise Value Related Terms

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Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Business Description

Traded in Other Exchanges
Address
No.1, Weigao Road, Torch Hi-tech Science Park, Shandong Province, Weihai, CHN
Shandong Weigao Group Medical Polymer Co Ltd functions in the healthcare sector in China. Its business mainly involves the research and development, production, and sale of single-use medical device products. The company's segments include Medical device products, Orthopaedic products, Interventional products, Pharma packaging products, Blood management products, and others. The company's products comprise consumables including infusion sets, syringes, medical needles, blood bags, prefilled syringes, wound management, blood sampling products; orthopedic materials, and blood purification consumables and equipment. The company operates in the People's Republic of China, the United States, Europe, the Middle East, and Africa, Asia, and others.

Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Headlines