GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Certive Solutions Inc (OTCPK:CTVEF) » Definitions » Enterprise Value

Certive Solutions (Certive Solutions) Enterprise Value : $8.42 Mil (As of May. 01, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Certive Solutions 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, Certive Solutions's Enterprise Value is $8.42 Mil. Certive Solutions's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.64 Mil. Therefore, Certive Solutions's EV-to-EBIT ratio for today is -13.20.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Certive Solutions's Enterprise Value is $8.42 Mil. Certive Solutions's EBITDA for the trailing twelve months (TTM) ended in Nov. 2023 was $-0.62 Mil. Therefore, Certive Solutions's EV-to-EBITDA ratio for today is -13.67.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Certive Solutions's Enterprise Value is $8.42 Mil. Certive Solutions's Revenue for the trailing twelve months (TTM) ended in Nov. 2023 was $1.26 Mil. Therefore, Certive Solutions's EV-to-Revenue ratio for today is 6.67.


Certive Solutions Enterprise Value Historical Data

The historical data trend for Certive Solutions'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.

Certive Solutions Enterprise Value Chart

Certive Solutions Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.89 11.72 12.52 14.86 9.19

Certive Solutions Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 11.55 10.81 9.19 7.95 9.11

Competitive Comparison of Certive Solutions's Enterprise Value

For the Health Information Services subindustry, Certive Solutions'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.


Certive Solutions's Enterprise Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Certive Solutions's Enterprise Value falls into.



Certive Solutions 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.

Certive Solutions's Enterprise Value for the fiscal year that ended in May. 2023 is calculated as

Certive Solutions's Enterprise Value for the quarter that ended in Nov. 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.


Certive Solutions  (OTCPK:CTVEF) 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.

Certive Solutions's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8.420/-0.638
=-13.20

Certive Solutions's current Enterprise Value is $8.42 Mil.
Certive Solutions's EBIT for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.64 Mil.

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

Certive Solutions's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=8.420/-0.616
=-13.67

Certive Solutions's current Enterprise Value is $8.42 Mil.
Certive Solutions's EBITDA for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.62 Mil.

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

Certive Solutions's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=8.420/1.263
=6.67

Certive Solutions's current Enterprise Value is $8.42 Mil.
Certive Solutions's Revenue for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.26 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.


Certive Solutions Enterprise Value Related Terms

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


Certive Solutions (Certive Solutions) Business Description

Traded in Other Exchanges
Address
8149 North 87th Place, Scottsdale, AZ, USA, 85258
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients' net operating results.

Certive Solutions (Certive Solutions) Headlines

From GuruFocus

Certive Announces Expanded Scope of Work with Major Client

By ACCESSWIRE AccessWire 04-12-2019

Certive Announces New Board Member and AGSM

By ACCESSWIRE ACCESSWIRE 09-01-2021

Certive Announces Annual General Meeting Results and Offering

By ACCESSWIRE AccessWire 04-12-2019

Certive Announces New Hospital Client

By ACCESSWIRE ACCESSWIRE 07-16-2021