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, Hitek Global's Enterprise Value is €3.33 Mil.
Hitek Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €1.76 Mil. Therefore, Hitek Global's EV-to-EBIT ratio for today is 1.90.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hitek Global's Enterprise Value is €3.33 Mil.
Hitek Global's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €1.81 Mil. Therefore, Hitek Global's EV-to-EBITDA ratio for today is 1.84.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hitek Global's Enterprise Value is €3.33 Mil.
Hitek Global's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €4.20 Mil. Therefore, Hitek Global's EV-to-Revenue ratio for today is 0.79.
Hitek Global Enterprise Value Historical Data
The historical data trend for Hitek Global'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 Hitek Global's Enterprise Value
For the Software - Application subindustry, Hitek Global'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.
Hitek Global's Enterprise Value Distribution in the Software Industry
For the Software industry and Technology sector, Hitek Global's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hitek Global's Enterprise Value falls into.
Hitek Global 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.
Hitek Global'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.
Hitek Global (FRA:4JX) 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.
Hitek Global's current Enterprise Value is €3.33 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hitek Global's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €1.76 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hitek Global's current Enterprise Value is €3.33 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hitek Global's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €1.81 Mil.
Hitek Global's current Enterprise Value is €3.33 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hitek Global's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €4.20 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.
Hitek Global Enterprise Value Related Terms
Thank you for viewing the detailed overview of Hitek Global's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.
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