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SORL Auto Parts (SORL Auto Parts) Enterprise Value : $90.9 Mil (As of Apr. 27, 2024)


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What is SORL Auto Parts 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, SORL Auto Parts's Enterprise Value is $90.9 Mil. SORL Auto Parts's EBIT for the trailing twelve months (TTM) ended in Sep. 2019 was $41.6 Mil. Therefore, SORL Auto Parts's EV-to-EBIT ratio for today is 2.19.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, SORL Auto Parts's Enterprise Value is $90.9 Mil. SORL Auto Parts's EBITDA for the trailing twelve months (TTM) ended in Sep. 2019 was $55.0 Mil. Therefore, SORL Auto Parts's EV-to-EBITDA ratio for today is 1.65.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, SORL Auto Parts's Enterprise Value is $90.9 Mil. SORL Auto Parts's Revenue for the trailing twelve months (TTM) ended in Sep. 2019 was $511.1 Mil. Therefore, SORL Auto Parts's EV-to-Revenue ratio for today is 0.18.


SORL Auto Parts Enterprise Value Historical Data

The historical data trend for SORL Auto Parts'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.

SORL Auto Parts Enterprise Value Chart

SORL Auto Parts Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.88 6.75 101.38 339.66 245.03

SORL Auto Parts Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 276.63 245.03 321.99 338.01 303.94

Competitive Comparison of SORL Auto Parts's Enterprise Value

For the Auto Parts subindustry, SORL Auto Parts'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.


SORL Auto Parts's Enterprise Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SORL Auto Parts's Enterprise Value distribution charts can be found below:

* The bar in red indicates where SORL Auto Parts's Enterprise Value falls into.



SORL Auto Parts 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.

SORL Auto Parts's Enterprise Value for the fiscal year that ended in Dec. 2018 is calculated as

SORL Auto Parts's Enterprise Value for the quarter that ended in Sep. 2019 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.


SORL Auto Parts  (NAS:SORL) 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.

SORL Auto Parts's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=90.930/41.598
=2.19

SORL Auto Parts's current Enterprise Value is $90.9 Mil.
SORL Auto Parts's EBIT for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $41.6 Mil.

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

SORL Auto Parts's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=90.930/55.039
=1.65

SORL Auto Parts's current Enterprise Value is $90.9 Mil.
SORL Auto Parts's EBITDA for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $55.0 Mil.

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

SORL Auto Parts's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=90.930/511.054
=0.18

SORL Auto Parts's current Enterprise Value is $90.9 Mil.
SORL Auto Parts's Revenue for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $511.1 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.


SORL Auto Parts Enterprise Value Related Terms

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SORL Auto Parts (SORL Auto Parts) Business Description

Traded in Other Exchanges
N/A
Address
NO. 2666 KaiFaqu Avenue, Ruili Industry Area, Zhejiang Province, Ruian City, CHN, 325200
SORL Auto Parts Inc develops, manufactures and distributes automotive brake systems and other key safety-related auto parts to automotive original equipment manufacturers, and the related aftermarket both in China and internationally. The company is organized into two principal operating division: Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. Its key products are air brake system, tubes and fittings, ABS and diagnosis, power steering pumps, electrical and railway parts, and new energy parts. The company's products are principally used in different types of commercial vehicles, such as trucks and buses. Most of the firm's revenue gets generated through Commercial Vehicles Brake Systems segment.
Executives
Kevin R Keating director, officer: President 190 LAKEVIEW WAY, VERO BEACH FL 32963