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Canggang Railway (HKSE:02169) Enterprise Value : HK$3,771.3 Mil (As of May. 15, 2024)


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What is Canggang Railway 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, Canggang Railway's Enterprise Value is HK$3,771.3 Mil. Canggang Railway's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$119.8 Mil. Therefore, Canggang Railway's EV-to-EBIT ratio for today is 31.47.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Canggang Railway's Enterprise Value is HK$3,771.3 Mil. Canggang Railway's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$161.6 Mil. Therefore, Canggang Railway's EV-to-EBITDA ratio for today is 23.33.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Canggang Railway's Enterprise Value is HK$3,771.3 Mil. Canggang Railway's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$381.8 Mil. Therefore, Canggang Railway's EV-to-Revenue ratio for today is 9.88.


Canggang Railway Enterprise Value Historical Data

The historical data trend for Canggang Railway'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.

Canggang Railway Enterprise Value Chart

Canggang Railway Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial - 2,025.16 2,526.95 4,327.37 8,997.90

Canggang Railway Semi-Annual Data
Dec17 Dec18 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 2,526.95 2,637.37 4,327.37 4,853.04 8,997.90

Competitive Comparison of Canggang Railway's Enterprise Value

For the Railroads subindustry, Canggang Railway'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.


Canggang Railway's Enterprise Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canggang Railway's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Canggang Railway's Enterprise Value falls into.



Canggang Railway 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.

Canggang Railway's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Canggang Railway'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.


Canggang Railway  (HKSE:02169) 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.

Canggang Railway's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3771.271/119.819
=31.47

Canggang Railway's current Enterprise Value is HK$3,771.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Canggang Railway's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$119.8 Mil.

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

Canggang Railway's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3771.271/161.642
=23.33

Canggang Railway's current Enterprise Value is HK$3,771.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Canggang Railway's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$161.6 Mil.

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

Canggang Railway's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3771.271/381.782
=9.88

Canggang Railway's current Enterprise Value is HK$3,771.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Canggang Railway's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$381.8 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.


Canggang Railway Enterprise Value Related Terms

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Canggang Railway (HKSE:02169) Business Description

Traded in Other Exchanges
N/A
Address
Yangzhuang Station, Yangerzhuang Town, Huanghua, Hebei Province, Cangzhou, CHN
Canggang Railway Ltd is a local railway operator based in Hebei Province. The company operates in two segments, rail freight transportation services, and other ancillary services, including loading and unloading, road freight transportation, construction, repair and maintenance of Special Service Lines, railway roadbed and other railway facility construction, and certain other businesses. It operates one railway, the Canggang Railway Line, which connects the Shuo-Huang Railway Line and the Han-Huang Railway Line with the Bohai New Area in Cangzhou. Its railway line also connects the Beijing-Shanghai Railway Line. The company earns its revenue from rail freight transportation services.

Canggang Railway (HKSE:02169) Headlines

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