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, GoFintech Innovation's Enterprise Value is HK$5,840.80 Mil.
GoFintech Innovation's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-48.88 Mil. Therefore, GoFintech Innovation's EV-to-EBIT ratio for today is -119.49.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, GoFintech Innovation's Enterprise Value is HK$5,840.80 Mil.
GoFintech Innovation's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-48.88 Mil. Therefore, GoFintech Innovation's EV-to-EBITDA ratio for today is -119.49.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, GoFintech Innovation's Enterprise Value is HK$5,840.80 Mil.
GoFintech Innovation's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was HK$25.97 Mil. Therefore, GoFintech Innovation's EV-to-Revenue ratio for today is 224.93.
GoFintech Innovation Enterprise Value Historical Data
The historical data trend for GoFintech Innovation'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 GoFintech Innovation's Enterprise Value
For the Financial Conglomerates subindustry, GoFintech Innovation'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.
GoFintech Innovation's Enterprise Value Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, GoFintech Innovation's Enterprise Value distribution charts can be found below:
* The bar in red indicates where GoFintech Innovation's Enterprise Value falls into.
GoFintech Innovation 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.
GoFintech Innovation'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.
GoFintech Innovation (HKSE:00290) 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.
GoFintech Innovation's current Enterprise Value is HK$5,840.80 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. GoFintech Innovation's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-48.88 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
GoFintech Innovation's current Enterprise Value is HK$5,840.80 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. GoFintech Innovation's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-48.88 Mil.
GoFintech Innovation's current Enterprise Value is HK$5,840.80 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. GoFintech Innovation's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was HK$25.97 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.
GoFintech Innovation Enterprise Value Related Terms
Thank you for viewing the detailed overview of GoFintech Innovation's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
GoFintech Innovation (HKSE:00290) Business Description
GoFintech Innovation Ltd is a cross-border financial service platform based in Hong Kong and relying on the mainland. Its main business includes Securities brokerage and margin financing, Corporate finance, Money lending, Consultancy and insurance brokerage, Asset management, and Equity investment. The majority of the revenue derives from the Asset management segment.
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