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Link Administration Holdings (ASX:LNK) Enterprise Value : A$1,906.5 Mil (As of Apr. 30, 2024)


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What is Link Administration Holdings 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, Link Administration Holdings's Enterprise Value is A$1,906.5 Mil. Link Administration Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$420.5 Mil. Therefore, Link Administration Holdings's EV-to-EBIT ratio for today is 4.53.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Link Administration Holdings's Enterprise Value is A$1,906.5 Mil. Link Administration Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$506.5 Mil. Therefore, Link Administration Holdings's EV-to-EBITDA ratio for today is 3.76.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Link Administration Holdings's Enterprise Value is A$1,906.5 Mil. Link Administration Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$886.9 Mil. Therefore, Link Administration Holdings's EV-to-Revenue ratio for today is 2.15.


Link Administration Holdings Enterprise Value Historical Data

The historical data trend for Link Administration Holdings'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.

Link Administration Holdings Enterprise Value Chart

Link Administration Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Enterprise Value
Get a 7-Day Free Trial 997.42 1,515.82 1,212.59 1,234.81 1,872.46

Link Administration Holdings Semi-Annual Data
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 2,485.43 1,234.81 1,396.33 1,872.46 1,870.60

Competitive Comparison of Link Administration Holdings's Enterprise Value

For the Capital Markets subindustry, Link Administration Holdings'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.


Link Administration Holdings's Enterprise Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Link Administration Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Link Administration Holdings's Enterprise Value falls into.



Link Administration Holdings 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.

Link Administration Holdings's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as

Link Administration Holdings's Enterprise Value for the quarter that ended in Dec. 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.


Link Administration Holdings  (ASX:LNK) 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.

Link Administration Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1906.479/420.538
=4.53

Link Administration Holdings's current Enterprise Value is A$1,906.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Link Administration Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$420.5 Mil.

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

Link Administration Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1906.479/506.545
=3.76

Link Administration Holdings's current Enterprise Value is A$1,906.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Link Administration Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$506.5 Mil.

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

Link Administration Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1906.479/886.902
=2.15

Link Administration Holdings's current Enterprise Value is A$1,906.5 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Link Administration Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$886.9 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.


Link Administration Holdings Enterprise Value Related Terms

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Link Administration Holdings (ASX:LNK) Business Description

Traded in Other Exchanges
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Link derives its revenue primarily from providing administration services to the financial services sector in Australia, and the share registry and investment fund sectors in the U.K. The company is the largest provider of superannuation administration services and the second-largest provider of share registry services in Australia. Link's clients are usually contracted for between two and five years. The customers are relatively sticky, resulting in a high recurring revenue. The capital-light business model means cash flow is relatively strong.

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