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, China Telecom's Enterprise Value is €63,580 Mil.
China Telecom's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €5,451 Mil. Therefore, China Telecom's EV-to-EBIT ratio for today is 11.66.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Telecom's Enterprise Value is €63,580 Mil.
China Telecom's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €18,255 Mil. Therefore, China Telecom's EV-to-EBITDA ratio for today is 3.48.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Telecom's Enterprise Value is €63,580 Mil.
China Telecom's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €66,528 Mil. Therefore, China Telecom's EV-to-Revenue ratio for today is 0.96.
China Telecom Enterprise Value Historical Data
The historical data trend for China Telecom'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 China Telecom's Enterprise Value
For the Telecom Services subindustry, China Telecom'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.
China Telecom's Enterprise Value Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, China Telecom's Enterprise Value distribution charts can be found below:
* The bar in red indicates where China Telecom's Enterprise Value falls into.
China Telecom 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.
China Telecom'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.
China Telecom (FRA:ZCH) 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.
China Telecom's current Enterprise Value is €63,580 Mil.
China Telecom'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 €5,451 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
China Telecom's current Enterprise Value is €63,580 Mil.
China Telecom'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 €18,255 Mil.
China Telecom's current Enterprise Value is €63,580 Mil.
China Telecom'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 €66,528 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.
China Telecom Enterprise Value Related Terms
Thank you for viewing the detailed overview of China Telecom's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.
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