GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nitin Spinners Ltd (BOM:532698) » Definitions » Enterprise Value

Nitin Spinners (BOM:532698) Enterprise Value : ₹32,835 Mil (As of Jun. 15, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Nitin Spinners 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, Nitin Spinners's Enterprise Value is ₹32,835 Mil. Nitin Spinners's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹2,608 Mil. Therefore, Nitin Spinners's EV-to-EBIT ratio for today is 12.59.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Nitin Spinners's Enterprise Value is ₹32,835 Mil. Nitin Spinners's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ₹3,793 Mil. Therefore, Nitin Spinners's EV-to-EBITDA ratio for today is 8.66.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nitin Spinners's Enterprise Value is ₹32,835 Mil. Nitin Spinners's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ₹29,056 Mil. Therefore, Nitin Spinners's EV-to-Revenue ratio for today is 1.13.


Nitin Spinners Enterprise Value Historical Data

The historical data trend for Nitin Spinners'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.

Nitin Spinners Enterprise Value Chart

Nitin Spinners Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,977.67 14,173.13 19,639.20 22,488.29 31,594.98

Nitin Spinners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22,488.29 14,968.58 28,568.86 18,159.06 31,594.98

Competitive Comparison of Nitin Spinners's Enterprise Value

For the Textile Manufacturing subindustry, Nitin Spinners'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.


Nitin Spinners's Enterprise Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitin Spinners's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Nitin Spinners's Enterprise Value falls into.



Nitin Spinners 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.

Nitin Spinners's Enterprise Value for the fiscal year that ended in Mar. 2024 is calculated as

Nitin Spinners's Enterprise Value for the quarter that ended in Mar. 2024 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.


Nitin Spinners  (BOM:532698) 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.

Nitin Spinners's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=32834.632/2608.356
=12.59

Nitin Spinners's current Enterprise Value is ₹32,835 Mil.
Nitin Spinners's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,608 Mil.

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

Nitin Spinners's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=32834.632/3793.077
=8.66

Nitin Spinners's current Enterprise Value is ₹32,835 Mil.
Nitin Spinners's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,793 Mil.

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

Nitin Spinners's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=32834.632/29056.493
=1.13

Nitin Spinners's current Enterprise Value is ₹32,835 Mil.
Nitin Spinners's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹29,056 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.


Nitin Spinners Enterprise Value Related Terms

Thank you for viewing the detailed overview of Nitin Spinners's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Nitin Spinners (BOM:532698) Business Description

Traded in Other Exchanges
Address
Chittor Road, 16-17 Km. Stone, Hamirgarh, Bhilwara, RJ, IND, 311025
Nitin Spinners Ltd is an Indian company engaged in the textile business. It manufactures products such as cotton yarn and cotton knitted fabric. Its product comprises Yarn, Knitted Fabrics, Woven Fabrics, and Others. The yarn product, which is the key revenue driver, includes open-end yarns, multifold open-end yarns, ring-spun combed yarns, multifold ring spun yarns, compact yarns, fancy slub yarns, and ore spun yarns. The cotton knitted fabrics comprise single jersey, pique structures, interlock structures, rib structures, and three thread fleece. The company carries out sales within India as well as exports to other countries.

Nitin Spinners (BOM:532698) Headlines

No Headlines