GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Asia Financial Holdings Ltd (HKSE:00662) » Definitions » Enterprise Value

Asia Financial Holdings (HKSE:00662) Enterprise Value : HK$509 Mil (As of May. 17, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Asia Financial Holdings Enterprise Value?

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, Asia Financial Holdings's Enterprise Value is HK$509 Mil. Asia Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$431 Mil. Therefore, Asia Financial Holdings's EV-to-EBIT ratio for today is 1.18.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Asia Financial Holdings's Enterprise Value is HK$509 Mil. Asia Financial Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$448 Mil. Therefore, Asia Financial Holdings's EV-to-EBITDA ratio for today is 1.14.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Asia Financial Holdings's Enterprise Value is HK$509 Mil. Asia Financial Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,131 Mil. Therefore, Asia Financial Holdings's EV-to-Revenue ratio for today is 0.24.


Asia Financial Holdings Enterprise Value Historical Data

The historical data trend for Asia Financial 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.

* Premium members only.

Asia Financial Holdings Enterprise Value Chart

Asia Financial Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 625.50 851.80 558.99 601.45 417.38

Asia Financial Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 558.99 559.52 601.45 623.00 417.38

Competitive Comparison of Asia Financial Holdings's Enterprise Value

For the Insurance - Life subindustry, Asia Financial 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.


Asia Financial Holdings's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Asia Financial Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Asia Financial Holdings's Enterprise Value falls into.



Asia Financial 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.

Asia Financial Holdings's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Asia Financial Holdings's Enterprise Value for the quarter 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.


Asia Financial Holdings  (HKSE:00662) 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.

Asia Financial Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=509.454/431.348
=1.18

Asia Financial Holdings's current Enterprise Value is HK$509 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Asia Financial Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$431 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Asia Financial Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=509.454/447.8
=1.14

Asia Financial Holdings's current Enterprise Value is HK$509 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Asia Financial Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$448 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Asia Financial Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=509.454/2131.29
=0.24

Asia Financial Holdings's current Enterprise Value is HK$509 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Asia Financial Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,131 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.


Asia Financial Holdings Enterprise Value Related Terms

Thank you for viewing the detailed overview of Asia Financial Holdings's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Financial Holdings (HKSE:00662) Business Description

Traded in Other Exchanges
N/A
Address
19 Des Voeux Road Central, 16th Floor, Worldwide House, Hong Kong, HKG
Asia Financial Holdings Ltd operates in the financial services industry of Hong Kong. Its key offering is comprised of insurance products ranging from general insurance to life insurance, which is provided through its subsidiaries of China. The company's segment include the Insurance segment engages in the provision of the underwriting of general and life insurance; the Corporate segment engages in securities trading and holding and other businesses. Majority of the revenue is derived from Insurance segment. Its revenue is derived from operations carried out in Hong Kong, Macau and Mainland China.

Asia Financial Holdings (HKSE:00662) Headlines

No Headlines