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Tiangong International Co (HKSE:00826) Enterprise Value : HK$5,987 Mil (As of May. 15, 2024)


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What is Tiangong International Co 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, Tiangong International Co's Enterprise Value is HK$5,987 Mil. Tiangong International Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$726 Mil. Therefore, Tiangong International Co's EV-to-EBIT ratio for today is 8.24.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tiangong International Co's Enterprise Value is HK$5,987 Mil. Tiangong International Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$726 Mil. Therefore, Tiangong International Co's EV-to-EBITDA ratio for today is 8.24.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tiangong International Co's Enterprise Value is HK$5,987 Mil. Tiangong International Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,648 Mil. Therefore, Tiangong International Co's EV-to-Revenue ratio for today is 1.06.


Tiangong International Co Enterprise Value Historical Data

The historical data trend for Tiangong International Co'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.

Tiangong International Co Enterprise Value Chart

Tiangong International Co 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 11,151.03 10,774.97 13,078.79 8,706.07 7,092.86

Tiangong International Co 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 13,078.79 8,167.84 8,706.07 6,289.37 7,092.86

Competitive Comparison of Tiangong International Co's Enterprise Value

For the Steel subindustry, Tiangong International Co'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.


Tiangong International Co's Enterprise Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tiangong International Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tiangong International Co's Enterprise Value falls into.



Tiangong International Co 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.

Tiangong International Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Tiangong International Co'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.


Tiangong International Co  (HKSE:00826) 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.

Tiangong International Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5986.597/726.332
=8.24

Tiangong International Co's current Enterprise Value is HK$5,987 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tiangong International Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$726 Mil.

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

Tiangong International Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5986.597/726.332
=8.24

Tiangong International Co's current Enterprise Value is HK$5,987 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tiangong International Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$726 Mil.

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

Tiangong International Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5986.597/5647.519
=1.06

Tiangong International Co's current Enterprise Value is HK$5,987 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tiangong International Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$5,648 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.


Tiangong International Co Enterprise Value Related Terms

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Tiangong International Co (HKSE:00826) Business Description

Traded in Other Exchanges
Address
Houxiang Town, Jiangsu Province, Danyang City, CHN, 212312
Tiangong International Co Ltd is engaged in the manufacturing and sales of high alloy steel, cutting tools, titanium alloy, trading of goods and others. The reportable segments of the company are, 1) The DS segment manufactures and sells materials that are used in the die set manufacturing industry. 2) The HSS segment manufactures and sells materials that are used in the tools manufacturing industry. 3) The cutting tools segment manufactures and sells HSS and carbide cutting tools to the tooling industry. 4) The titanium alloy segment manufactures and sells titanium alloys to the titanium industry. 5) The trading of goods segment sells general carbon steel products that are not within the Group's production scope. 6) Others segment assembles and sells power tools kits.

Tiangong International Co (HKSE:00826) Headlines

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