GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Huarong International Financial Holdings Ltd (FRA:93W) » Definitions » Enterprise Value

Huarong International Financial Holdings (FRA:93W) Enterprise Value : €418.25 Mil (As of Jun. 25, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Huarong International Financial 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, Huarong International Financial Holdings's Enterprise Value is €418.25 Mil. Huarong International Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €-28.23 Mil. Therefore, Huarong International Financial Holdings's EV-to-EBIT ratio for today is -14.82.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Huarong International Financial Holdings's Enterprise Value is €418.25 Mil. Huarong International Financial Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €-28.23 Mil. Therefore, Huarong International Financial Holdings's EV-to-EBITDA ratio for today is -14.82.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Huarong International Financial Holdings's Enterprise Value is €418.25 Mil. Huarong International Financial Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €12.09 Mil. Therefore, Huarong International Financial Holdings's EV-to-Revenue ratio for today is 34.59.


Huarong International Financial Holdings Enterprise Value Historical Data

The historical data trend for Huarong International Financial 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.

Huarong International Financial Holdings Enterprise Value Chart

Huarong International Financial Holdings Annual Data
Trend Apr14 Apr15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,046.03 434.13 367.18

Huarong International Financial Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,046.03 953.43 434.13 370.41 367.18

Competitive Comparison of Huarong International Financial Holdings's Enterprise Value

For the Asset Management subindustry, Huarong International Financial 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.


Huarong International Financial Holdings's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Huarong International Financial Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Huarong International Financial Holdings's Enterprise Value falls into.



Huarong International Financial 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.

Huarong International Financial Holdings's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Huarong International Financial Holdings's Enterprise Value for the quarter 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.


Huarong International Financial Holdings  (FRA:93W) 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.

Huarong International Financial Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=418.251/-28.228
=-14.82

Huarong International Financial Holdings's current Enterprise Value is €418.25 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Huarong International Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €-28.23 Mil.

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

Huarong International Financial Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=418.251/-28.228
=-14.82

Huarong International Financial Holdings's current Enterprise Value is €418.25 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Huarong International Financial Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €-28.23 Mil.

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

Huarong International Financial Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=418.251/12.093
=34.59

Huarong International Financial Holdings's current Enterprise Value is €418.25 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Huarong International Financial Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €12.09 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.


Huarong International Financial Holdings Enterprise Value Related Terms

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


Huarong International Financial Holdings (FRA:93W) Business Description

Traded in Other Exchanges
Address
60 Gloucester Road, 15th Floor, China Huarong Tower, Wanchai, Hong Kong, HKG
Huarong International Financial Holdings Ltd is a finance company that provides brokerage services on securities, investment banking, futures, and asset management. The company operates through four segments. The securities segment is composed of the brokerage and trading of securities, futures and options contracts, and margin financing services. The corporate finance segment provides securities underwriting, sponsoring, and financial advisory services to institutional clients. The asset management and direct investment segment consists of asset management services and direct investments in equities, bonds, funds, derivative instruments, and other financial products. The financial services and others segment comprises finance lease services and business consulting services.

Huarong International Financial Holdings (FRA:93W) Headlines

No Headlines