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CNGKY (CK Asset Holdings) Enterprise Value : $18,926 Mil (As of Dec. 14, 2024)


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What is CK Asset 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, CK Asset Holdings's Enterprise Value is $18,926 Mil. CK Asset Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $2,423 Mil. Therefore, CK Asset Holdings's EV-to-EBIT ratio for today is 7.81.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, CK Asset Holdings's Enterprise Value is $18,926 Mil. CK Asset Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $2,668 Mil. Therefore, CK Asset Holdings's EV-to-EBITDA ratio for today is 7.09.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, CK Asset Holdings's Enterprise Value is $18,926 Mil. CK Asset Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $5,717 Mil. Therefore, CK Asset Holdings's EV-to-Revenue ratio for today is 3.31.


CK Asset Holdings Enterprise Value Historical Data

The historical data trend for CK Asset 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.

CK Asset Holdings Enterprise Value Chart

CK Asset Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 27,489.43 21,147.63 20,715.20

CK Asset Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 21,252.22 21,147.63 21,636.91 20,715.20 17,699.74

Competitive Comparison of CK Asset Holdings's Enterprise Value

For the Real Estate - Development subindustry, CK Asset 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.


CK Asset Holdings's Enterprise Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CK Asset Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where CK Asset Holdings's Enterprise Value falls into.



CK Asset 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.

CK Asset Holdings's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

CK Asset Holdings's Enterprise Value for the quarter that ended in Jun. 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.


CK Asset Holdings  (OTCPK:CNGKY) 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.

CK Asset Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=18926.096/2423.461
=7.81

CK Asset Holdings's current Enterprise Value is $18,926 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. CK Asset Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $2,423 Mil.

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

CK Asset Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=18926.096/2668.023
=7.09

CK Asset Holdings's current Enterprise Value is $18,926 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. CK Asset Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $2,668 Mil.

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

CK Asset Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=18926.096/5716.592
=3.31

CK Asset Holdings's current Enterprise Value is $18,926 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. CK Asset Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $5,717 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.


CK Asset Holdings Enterprise Value Related Terms

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CK Asset Holdings Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG
CK Asset Holdings was the property business arm of the Cheung Kong Group before the spinoff in 2015. It was subsequently renamed CK Asset Holdings from CK Property in 2017. Li Ka-shing and his family remain the largest shareholders of CK Asset over the years, with about a 48% equity stake. The company mainly engages in property development, property investment, and hotel management in Hong Kong and mainland China, while diversifying into social housing, pub operations, and infrastructure management overseas in recent years.

CK Asset Holdings Headlines

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