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, Drax Group's Enterprise Value is $4,501 Mil.
Drax Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $1,310 Mil. Therefore, Drax Group's EV-to-EBIT ratio for today is 3.44.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Drax Group's Enterprise Value is $4,501 Mil.
Drax Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $1,594 Mil. Therefore, Drax Group's EV-to-EBITDA ratio for today is 2.82.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Drax Group's Enterprise Value is $4,501 Mil.
Drax Group's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $9,377 Mil. Therefore, Drax Group's EV-to-Revenue ratio for today is 0.48.
Drax Group Enterprise Value Historical Data
The historical data trend for Drax Group'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 Drax Group's Enterprise Value
For the Utilities - Renewable subindustry, Drax Group'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.
Drax Group's Enterprise Value Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Drax Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Drax Group's Enterprise Value falls into.
Drax Group 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.
Drax Group's Enterprise Value for the fiscal year that ended in Dec. 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.
Drax Group (OTCPK:DRXGF) 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.
Drax Group's current Enterprise Value is $4,501 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Drax Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $1,310 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Drax Group's current Enterprise Value is $4,501 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Drax Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $1,594 Mil.
Drax Group's current Enterprise Value is $4,501 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Drax Group's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $9,377 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.
Drax Group Enterprise Value Related Terms
Thank you for viewing the detailed overview of Drax Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric, and pumped hydro storage assets across four sites in England and Scotland. The company also operates a global bioenergy supply business with manufacturing facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. Its segments include Pellet Production, Generation, and Customers. The majority of its revenue is generated from the Customers segment which sells renewable electricity to industrial and commercial customers in the United Kingdom.
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