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 New Zealand's Enterprise Value is $3,034 Mil.
Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $399 Mil. Therefore, Air New Zealand's EV-to-EBIT ratio for today is 7.60.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Air New Zealand's Enterprise Value is $3,034 Mil.
Air New Zealand's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $838 Mil. Therefore, Air New Zealand's EV-to-EBITDA ratio for today is 3.62.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Air New Zealand's Enterprise Value is $3,034 Mil.
Air New Zealand's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $4,146 Mil. Therefore, Air New Zealand's EV-to-Revenue ratio for today is 0.73.
Air New Zealand Enterprise Value Historical Data
The historical data trend for Air New Zealand'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 Air New Zealand's Enterprise Value
For the Airlines subindustry, Air New Zealand'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.
Air New Zealand's Enterprise Value Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Air New Zealand's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Air New Zealand's Enterprise Value falls into.
Air New Zealand 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.
Air New Zealand's Enterprise Value for the fiscal year 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.
Air New Zealand (OTCPK:ANZFF) 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 New Zealand's current Enterprise Value is $3,034 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $399 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Air New Zealand's current Enterprise Value is $3,034 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $838 Mil.
Air New Zealand's current Enterprise Value is $3,034 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $4,146 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.
Air New Zealand Enterprise Value Related Terms
Thank you for viewing the detailed overview of Air New Zealand's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Air New Zealand (Air New Zealand) Business Description
Air New Zealand, majority owned by the New Zealand Government, provides air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South-West Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market, with around 80% market share, although the majority of revenue is derived from international and trans-Tasman activity.
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