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, Toyo Tire's Enterprise Value is €2,829 Mil.
Toyo Tire's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €725 Mil. Therefore, Toyo Tire's EV-to-EBIT ratio for today is 3.90.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Toyo Tire's Enterprise Value is €2,829 Mil.
Toyo Tire's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €725 Mil. Therefore, Toyo Tire's EV-to-EBITDA ratio for today is 3.90.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Toyo Tire's Enterprise Value is €2,829 Mil.
Toyo Tire's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €3,499 Mil. Therefore, Toyo Tire's EV-to-Revenue ratio for today is 0.81.
Toyo Tire Enterprise Value Historical Data
The historical data trend for Toyo Tire'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 Toyo Tire's Enterprise Value
For the Auto Parts subindustry, Toyo Tire'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.
Toyo Tire's Enterprise Value Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Toyo Tire's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Toyo Tire's Enterprise Value falls into.
Toyo Tire 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.
Toyo Tire'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.
Toyo Tire (FRA:TYR) 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.
Toyo Tire's current Enterprise Value is €2,829 Mil.
Toyo Tire's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €725 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Toyo Tire's current Enterprise Value is €2,829 Mil.
Toyo Tire's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €725 Mil.
Toyo Tire's current Enterprise Value is €2,829 Mil.
Toyo Tire's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,499 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.
Toyo Tire Enterprise Value Related Terms
Thank you for viewing the detailed overview of Toyo Tire's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Toyo Tire Corp manufactures and sells tires, rubber tubes, industrial rubber, polyurethane products, and automotive parts. The majority of the company's revenue is amassed through Japanese and North American sales. Toyo Tire & Rubber's tires are developed through micro-level research and analysis. Optimal tire performance is gained through proprietary nano-level blending techniques that provide uniform polymer dispersion. Additional enhancements are gained through driving simulation and propriety T mode simulation. Simulation testing methods enable the company to monitor tire behavior and construction under various situations.
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