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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, Conmed's Enterprise Value is $2,450 Mil. Conmed's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was $200 Mil. Therefore, Conmed's EV-to-EBIT ratio for today is 12.23.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Conmed's Enterprise Value is $2,450 Mil. Conmed's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was $272 Mil. Therefore, Conmed's EV-to-EBITDA ratio for today is 9.00.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Conmed's Enterprise Value is $2,450 Mil. Conmed's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 was $1,307 Mil. Therefore, Conmed's EV-to-Revenue ratio for today is 1.87.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Conmed's Enterprise Value is $2,450 Mil. Conmed's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 was $154 Mil. Therefore, Conmed's EV-to-FCF ratio for today is 15.92.
The historical data trend for Conmed'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.
Conmed Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Enterprise Value | Get a 7-Day Free Trial |
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3,961.85 | 4,827.73 | 3,728.34 | 4,318.63 | 2,996.19 |
Conmed Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Enterprise Value | Get a 7-Day Free Trial |
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4,318.63 | 3,422.69 | 3,073.60 | 3,123.59 | 2,996.19 |
For the Medical Devices subindustry, Conmed'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.
For the Medical Devices & Instruments industry and Healthcare sector, Conmed's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Conmed's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Conmed's Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as
Enterprise Value (A: Dec. 2024 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 2114.86444 | + | 0 | + | 905.066 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
+ | 0.715 | + | 0 | - | 24.459 |
= | 2,996 |
Conmed's Enterprise Value for the quarter that ended in Dec. 2024 is calculated as
Enterprise Value (Q: Dec. 2024 ) | |||||
= | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
= | 2114.86444 | + | 0 | + | 905.066 |
+ | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
+ | 0.715 | + | 0 | - | 24.459 |
= | 2,996 |
* 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.
Conmed (NYSE:CNMD) 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.
Conmed's EV-to-EBIT for today is
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 2449.770 | / | 200.326 | |
= | 12.23 |
Conmed's current Enterprise Value is $2,450 Mil.
Conmed's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $200 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Conmed's EV-to-EBITDA for today is:
EV-to-EBITDA | = | Enterprise Value (Today) | / | EBITDA(TTM) |
= | 2449.770 | / | 272.183 | |
= | 9.00 |
Conmed's current Enterprise Value is $2,450 Mil.
Conmed's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $272 Mil.
3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.
Conmed's EV-to-Revenue for today is:
EV-to-Revenue | = | Enterprise Value (Today) | / | Revenue (TTM) |
= | 2449.770 | / | 1307.015 | |
= | 1.87 |
Conmed's current Enterprise Value is $2,450 Mil.
Conmed's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,307 Mil.
4. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.
Conmed's EV-to-FCF for today is:
EV-to-FCF | = | Enterprise Value (Today) | / | Free Cash Flow (TTM) |
= | 2449.770 | / | 153.884 | |
= | 15.92 |
Conmed's current Enterprise Value is $2,450 Mil.
Conmed's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $154 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.
Thank you for viewing the detailed overview of Conmed's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Peters Stanley W Iii | officer: VP GM General Surgery | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
David M Bronson | director | |
Barbara J Schwarzentraub | director | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
Martha Goldberg Aronson | director | 40 WEST HIGHLAND PARK DRIVE NE, HUTCHINSON MN 55350 |
Pat Beyer | officer: President-Conmed International | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
Todd W. Garner | officer: Executive Vice President & CFO | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
Edward A. Clifford | officer: VP Global Manufacturing | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
Curt R Hartman | director | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
John D. Ferrell | officer: Executive Vice President - HR | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
Brian Concannon | director | HAEMONETICS CORP, 400 WOOD RD, BRAINTREE MA 02184-9144 |
Peter K Shagory | officer: EVP,STRAT & CORP DEVT | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
Daniel Jonas | officer: Vice President/Legal Affairs, other: General Counsel | C/O CONMED CORP, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
Terence M Berge | officer: VP Corp. Treasurer | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
Johonna Marie Pelletier | officer: Treasurer and VP, Tax | C/O CONMED CORPORATION, 11311 CONCEPT BOULEVARD, LARGO FL 33773 |
Jerome J. Lande | director | 1 WORLD TRADE CENTER, 85TH FLOOR, NEW YORK NY 10007 |
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