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, China Ecotourism Group's Enterprise Value is HK$320.28 Mil.
China Ecotourism Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-63.12 Mil. Therefore, China Ecotourism Group's EV-to-EBIT ratio for today is -5.07.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Ecotourism Group's Enterprise Value is HK$320.28 Mil.
China Ecotourism Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-63.12 Mil. Therefore, China Ecotourism Group's EV-to-EBITDA ratio for today is -5.07.
China Ecotourism Group Enterprise Value Historical Data
The historical data trend for China Ecotourism Group'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 China Ecotourism Group's Enterprise Value
For the Gambling subindustry, China Ecotourism Group'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.
China Ecotourism Group's Enterprise Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, China Ecotourism Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where China Ecotourism Group's Enterprise Value falls into.
China Ecotourism Group 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.
China Ecotourism Group's Enterprise Value for the fiscal year that ended in Dec. 2021 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.
China Ecotourism Group (HKSE:01371) 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.
China Ecotourism Group's current Enterprise Value is HK$320.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Ecotourism Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-63.12 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
China Ecotourism Group's EV-to-EBITDA for today is:
China Ecotourism Group's current Enterprise Value is HK$320.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Ecotourism Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-63.12 Mil.
China Ecotourism Group's current Enterprise Value is HK$320.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Ecotourism Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$47.46 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.
China Ecotourism Group Enterprise Value Related Terms
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China Ecotourism Group (HKSE:01371) Business Description
China Ecotourism Group Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the business of the provision of technology and services for lottery systems, terminal equipment, and gaming products and their operations in China's lottery market. It offers various lottery products ranging from video lottery, computer ticket games, and KENO-type lottery. The segments of the group are Lottery systems, terminal equipment, and related products, which is the key revenue-generating segment; and Natural and health food. It has a business presence in the PRC, Hong Kong, and Others of which a majority of revenue is derived from the PRC.
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