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, Tao Heung Holdings's Enterprise Value is HK$929 Mil.
Tao Heung Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$145 Mil. Therefore, Tao Heung Holdings's EV-to-EBIT ratio for today is 6.43.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tao Heung Holdings's Enterprise Value is HK$929 Mil.
Tao Heung Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$510 Mil. Therefore, Tao Heung Holdings's EV-to-EBITDA ratio for today is 1.82.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tao Heung Holdings's Enterprise Value is HK$929 Mil.
Tao Heung Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,949 Mil. Therefore, Tao Heung Holdings's EV-to-Revenue ratio for today is 0.31.
Tao Heung Holdings Enterprise Value Historical Data
The historical data trend for Tao Heung 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 Tao Heung Holdings's Enterprise Value
For the Restaurants subindustry, Tao Heung 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.
Tao Heung Holdings's Enterprise Value Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Tao Heung Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tao Heung Holdings's Enterprise Value falls into.
Tao Heung 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.
Tao Heung Holdings'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.
Tao Heung Holdings (HKSE:00573) 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.
Tao Heung Holdings's current Enterprise Value is HK$929 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tao Heung Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$145 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tao Heung Holdings's current Enterprise Value is HK$929 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tao Heung Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$510 Mil.
Tao Heung Holdings's current Enterprise Value is HK$929 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tao Heung Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,949 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.
Tao Heung Holdings Enterprise Value Related Terms
Thank you for viewing the detailed overview of Tao Heung Holdings's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Tao Heung Holdings (HKSE:00573) Business Description
Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. It is also engaged in chilled and packaged food, bakery operations, production, sale and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. Group operates restaurants under Tao heung, Tao Square, and Tai Cheong Bakery brands. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company revenue.
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