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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, Air Industries Group's Enterprise Value is $38.66 Mil. Air Industries Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $1.24 Mil. Therefore, Air Industries Group's EV-to-EBIT ratio for today is 31.30.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Air Industries Group's Enterprise Value is $38.66 Mil. Air Industries Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was $4.05 Mil. Therefore, Air Industries Group's EV-to-EBITDA ratio for today is 9.54.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Air Industries Group's Enterprise Value is $38.66 Mil. Air Industries Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $53.66 Mil. Therefore, Air Industries Group's EV-to-Revenue ratio for today is 0.72.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Air Industries Group's Enterprise Value is $38.66 Mil. Air Industries Group's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 was $-3.48 Mil. Therefore, Air Industries Group's EV-to-FCF ratio for today is -11.13.
The historical data trend for Air Industries Group'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.
Air Industries Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Enterprise Value | Get a 7-Day Free Trial |
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97.39 | 68.65 | 55.80 | 42.03 | 36.16 |
Air Industries Group Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Enterprise Value | Get a 7-Day Free Trial |
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32.60 | 36.16 | 41.54 | 38.27 | 45.30 |
For the Aerospace & Defense subindustry, Air Industries Group'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.
For the Aerospace & Defense industry and Industrials sector, Air Industries Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Air Industries Group's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Air Industries Group's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
Enterprise Value (A: Dec. 2023 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 10.73475 | + | 0 | + | 8.856 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
+ | 16.916 | + | 0 | - | 0.346 |
= | 36.16 |
Air Industries Group's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as
Enterprise Value (Q: Sep. 2024 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 18.69858 | + | 0 | + | 8.835 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
+ | 17.956 | + | 0 | - | 0.186 |
= | 45.30 |
* 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.
Air Industries Group (AMEX:AIRI) 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.
Air Industries Group's EV-to-EBIT for today is
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 38.661 | / | 1.235 | |
= | 31.30 |
Air Industries Group's current Enterprise Value is $38.66 Mil.
Air Industries Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.24 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Air Industries Group's EV-to-EBITDA for today is:
EV-to-EBITDA | = | Enterprise Value (Today) | / | EBITDA(TTM) |
= | 38.661 | / | 4.053 | |
= | 9.54 |
Air Industries Group's current Enterprise Value is $38.66 Mil.
Air Industries Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.05 Mil.
3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.
Air Industries Group's EV-to-Revenue for today is:
EV-to-Revenue | = | Enterprise Value (Today) | / | Revenue (TTM) |
= | 38.661 | / | 53.657 | |
= | 0.72 |
Air Industries Group's current Enterprise Value is $38.66 Mil.
Air Industries Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $53.66 Mil.
4. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.
Air Industries Group's EV-to-FCF for today is:
EV-to-FCF | = | Enterprise Value (Today) | / | Free Cash Flow (TTM) |
= | 38.661 | / | -3.475 | |
= | -11.13 |
Air Industries Group's current Enterprise Value is $38.66 Mil.
Air Industries Group's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.48 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.
Thank you for viewing the detailed overview of Air Industries Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert Taglich | director, 10 percent owner | 700 NEW YORK AVENUE, HUNTINGTON NY 11743 |
Michael N Taglich | director | TAGLICH BROTHERS INC, 1370 AVENUE OF THE AMERICAS --31ST FLOOR, NEW YORK NY 6317254791 |
Luciano M Melluzzo | officer: President | 93 FOXON PLACE, NEW BRITAIN CT 06053 |
Scott Glassman | officer: CHIEF FINANCIAL OFFICER | 1479 NORTH CLINTON AVENUE, BAY SHORE NY 11706 |
Michael Porcelain | director | 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747 |
Peter Rettaliata | director | C/O AIR INDUSTRIES, 1479 CLINTON AVENUE, BAY SHORE NY 11706 |
Michael Brand | director | 4196 MAJESTIC CIRCLE, MEDINA OH 44256 |
David S. Richmond | 10 percent owner, other: See Footnote 1 | 3568 WILDWOOD AVENUE, JACKSON MI 49202 |
Rbi Private Investment Iii, Llc | other: See Footnote 1 | 3568 WILDWOOD AVENUE, JACKSON MI 49202 |
Matthew J. Curfman | 10 percent owner, other: See Footnote 1 | 3568 WILDWOOD AVENUE, JACKSON MI 49202 |
Rbi Pi Manager, Llc | other: See Footnote 1 | 3568 WILDWOOD AVENUE, JACKSON MI 49202 |
Richmond Brothers 401(k) Profit Sharing Plan | other: See Footnote 1 | 3568 WILDWOOD AVENUE, JACKSON MI 49202 |
Rbi Private Investment Ii, Llc | other: See Footnote 1 | 3568 WILDWOOD AVENUE, JACKSON MI 49202 |
Richmond Brothers, Inc. | 10 percent owner, other: See Footnotes 1 and 2 | 7415 FOXWORTH COURT, JACKSON MI 49201 |
Michael E Recca | officer: Chief Financial Officer |
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