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, Summit Ascent Holdings's Enterprise Value is HK$-424.3 Mil.
Summit Ascent Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-117.8 Mil. Therefore, Summit Ascent Holdings's EV-to-EBIT ratio for today is 3.60.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Summit Ascent Holdings's Enterprise Value is HK$-424.3 Mil.
Summit Ascent Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-39.6 Mil. Therefore, Summit Ascent Holdings's EV-to-EBITDA ratio for today is 10.72.
Summit Ascent Holdings Enterprise Value Historical Data
The historical data trend for Summit Ascent 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.
Competitive Comparison of Summit Ascent Holdings's Enterprise Value
For the Resorts & Casinos subindustry, Summit Ascent 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.
Summit Ascent Holdings's Enterprise Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Summit Ascent Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Summit Ascent Holdings's Enterprise Value falls into.
Summit Ascent 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.
Summit Ascent Holdings's Enterprise Value for the fiscal year that ended in Dec. 2022 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.
Summit Ascent Holdings (HKSE:00102) 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.
Summit Ascent Holdings's current Enterprise Value is HK$-424.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Summit Ascent Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-117.8 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Summit Ascent Holdings's EV-to-EBITDA for today is:
Summit Ascent Holdings's current Enterprise Value is HK$-424.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Summit Ascent Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-39.6 Mil.
Summit Ascent Holdings's current Enterprise Value is HK$-424.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Summit Ascent Holdings's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was HK$376.4 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.
Summit Ascent Holdings Enterprise Value Related Terms
Thank you for viewing the detailed overview of Summit Ascent Holdings's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Summit Ascent Holdings (HKSE:00102) Business Description
Summit Ascent Holdings Ltd is a Hong Kong-based investment holding company. The company's principal activities are converted to gaming and hotel operations following the divestiture of its business of trading of tiles and engineering operations products. The company's gaming and hotel operations are carried out through its equity holding in Oriental Regent, another investing holding company that owns equity interests in G1 Entertainment, while G1 Entertainment is a company that holds gaming licenses in certain regions of Russia.
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