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, Herald Holdings's Enterprise Value is HK$-15.2 Mil.
Herald Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was HK$65.2 Mil. Therefore, Herald Holdings's EV-to-EBIT ratio for today is -0.23.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Herald Holdings's Enterprise Value is HK$-15.2 Mil.
Herald Holdings's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was HK$65.2 Mil. Therefore, Herald Holdings's EV-to-EBITDA ratio for today is -0.23.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Herald Holdings's Enterprise Value is HK$-15.2 Mil.
Herald Holdings's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was HK$861.2 Mil. Therefore, Herald Holdings's EV-to-Revenue ratio for today is -0.02.
Herald Holdings Enterprise Value Historical Data
The historical data trend for Herald 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 Herald Holdings's Enterprise Value
For the Leisure subindustry, Herald 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.
Herald Holdings's Enterprise Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Herald Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Herald Holdings's Enterprise Value falls into.
Herald 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.
Herald Holdings's Enterprise Value for the fiscal year that ended in Mar. 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.
Herald Holdings (HKSE:00114) 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.
Herald Holdings's current Enterprise Value is HK$-15.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Herald Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was HK$65.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Herald Holdings's current Enterprise Value is HK$-15.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Herald Holdings's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was HK$65.2 Mil.
Herald Holdings's current Enterprise Value is HK$-15.2 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Herald Holdings's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was HK$861.2 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.
Herald Holdings Enterprise Value Related Terms
Thank you for viewing the detailed overview of Herald Holdings's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Herald Holdings Ltd is an investment holding company. It operates in the segments of Toys, Computer Products, Timepieces, Investments, and Others. The group derives majority revenue from the Toys segment which involves the manufacturing of wide range of toys including action figures, electronic radio-controlled toy cars and boats, electronic games, and pre-school toys. The company along with its subsidiaries is also engaged in the manufacture, sale, and distribution of computer products, housewares, clocks, watches, and electronic and gift products. The company has the majority of its customers based in Hong Kong, North America, the United Kingdom, Europe, Asia, Mainland China, and Others. It generates the highest revenue from the North America region.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00114 has been successfully added to your 