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, Television Broadcasts's Enterprise Value is HK$3,172 Mil.
Television Broadcasts's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-672 Mil. Therefore, Television Broadcasts's EV-to-EBIT ratio for today is -4.72.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Television Broadcasts's Enterprise Value is HK$3,172 Mil.
Television Broadcasts's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-298 Mil. Therefore, Television Broadcasts's EV-to-EBITDA ratio for today is -10.63.
Television Broadcasts Enterprise Value Historical Data
The historical data trend for Television Broadcasts'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 Television Broadcasts's Enterprise Value
For the Broadcasting subindustry, Television Broadcasts'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.
Television Broadcasts's Enterprise Value Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Television Broadcasts's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Television Broadcasts's Enterprise Value falls into.
Television Broadcasts 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.
Television Broadcasts'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.
Television Broadcasts (HKSE:00511) 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.
Television Broadcasts's current Enterprise Value is HK$3,172 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Television Broadcasts's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-672 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Television Broadcasts's EV-to-EBITDA for today is:
Television Broadcasts's current Enterprise Value is HK$3,172 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Television Broadcasts's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-298 Mil.
Television Broadcasts's current Enterprise Value is HK$3,172 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Television Broadcasts's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,323 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.
Television Broadcasts Enterprise Value Related Terms
Thank you for viewing the detailed overview of Television Broadcasts's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Television Broadcasts (HKSE:00511) Business Description
Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with programme production and other television-related activities. Its operating segments include Hong Kong TV broadcasting; OTT Streaming; e-Commerce business; Mainland China operations and International operations. The company derives a majority of revenue from the Hong Kong TV broadcasting segment involving the broadcasting of television programmes, commercials on terrestrial TV platforms, production of programmes, online social media platform, music entertainment, event and digital marketing. The group derives revenue from Hong Kong and other countries, of which prime revenue is derived from Hong Kong.
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