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, Qantas Airways's Enterprise Value is A$13,864 Mil.
Qantas Airways's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$2,562 Mil. Therefore, Qantas Airways's EV-to-EBIT ratio for today is 5.41.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Qantas Airways's Enterprise Value is A$13,864 Mil.
Qantas Airways's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$4,298 Mil. Therefore, Qantas Airways's EV-to-EBITDA ratio for today is 3.23.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Qantas Airways's Enterprise Value is A$13,864 Mil.
Qantas Airways's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$20,701 Mil. Therefore, Qantas Airways's EV-to-Revenue ratio for today is 0.67.
Qantas Airways Enterprise Value Historical Data
The historical data trend for Qantas Airways'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 Qantas Airways's Enterprise Value
For the Airlines subindustry, Qantas Airways'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.
Qantas Airways's Enterprise Value Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Qantas Airways's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Qantas Airways's Enterprise Value falls into.
Qantas Airways 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.
Qantas Airways'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.
Qantas Airways (ASX:QAN) 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.
Qantas Airways's current Enterprise Value is A$13,864 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Qantas Airways's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$2,562 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Qantas Airways's current Enterprise Value is A$13,864 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Qantas Airways's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$4,298 Mil.
Qantas Airways's current Enterprise Value is A$13,864 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Qantas Airways's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$20,701 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.
Qantas Airways Enterprise Value Related Terms
Thank you for viewing the detailed overview of Qantas Airways's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Qantas Airways is Australia's largest domestic airline with typically a two thirds market share, effectively competing in a duopoly with Virgin. The company operates a multibrand strategy, with low-cost carrier Jetstar complementing the full-service Qantas brand. Its frequent-flyer loyalty program continues to expand with new partnerships, which are integral to retaining customer loyalty for its core airline business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:QAN has been successfully added to your 