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Rainmed Medical (HKSE:02297) Enterprise Value : HK$-90.82 Mil (As of Jun. 19, 2024)


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What is Rainmed Medical 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, Rainmed Medical's Enterprise Value is HK$-90.82 Mil. Rainmed Medical's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-126.64 Mil. Therefore, Rainmed Medical's EV-to-EBIT ratio for today is 0.72.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Rainmed Medical's Enterprise Value is HK$-90.82 Mil. Rainmed Medical's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-118.00 Mil. Therefore, Rainmed Medical's EV-to-EBITDA ratio for today is 0.77.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Rainmed Medical's Enterprise Value is HK$-90.82 Mil. Rainmed Medical's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$80.09 Mil. Therefore, Rainmed Medical's EV-to-Revenue ratio for today is -1.13.


Rainmed Medical Enterprise Value Historical Data

The historical data trend for Rainmed Medical'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.

Rainmed Medical Enterprise Value Chart

Rainmed Medical Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Enterprise Value
- - 1,195.92 162.74

Rainmed Medical Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial - - 1,195.92 438.62 162.74

Competitive Comparison of Rainmed Medical's Enterprise Value

For the Medical Devices subindustry, Rainmed Medical'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.


Rainmed Medical's Enterprise Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Rainmed Medical's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Rainmed Medical's Enterprise Value falls into.



Rainmed Medical 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.

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

Rainmed Medical'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.


Rainmed Medical  (HKSE:02297) 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.

Rainmed Medical's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-90.824/-126.636
=0.72

Rainmed Medical's current Enterprise Value is HK$-90.82 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Rainmed Medical's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-126.64 Mil.

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

Rainmed Medical's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-90.824/-118.003
=0.77

Rainmed Medical's current Enterprise Value is HK$-90.82 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Rainmed Medical's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-118.00 Mil.

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

Rainmed Medical's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-90.824/80.085
=-1.13

Rainmed Medical's current Enterprise Value is HK$-90.82 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Rainmed Medical's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$80.09 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.


Rainmed Medical Enterprise Value Related Terms

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Rainmed Medical (HKSE:02297) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Jinji Lake Avenue, Building 31, Northeast District, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215000
Rainmed Medical Ltd is focused on the design, development, and commercialization of coronary angiography-derived fractional flow reserve systems and coronary angiography-derived index of microcirculatory resistance systems. The company's core products, the caFFR system and the caIMR system are innovative medical devices used to evaluate the severity of myocardial ischemia arising from coronary artery stenosis and microvascular dysfunction, which are the underlying causes of coronary artery diseases (CAD).
Executives
Huo Yunfei 2101 Beneficial owner
Zhou Bin
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si
Xi Zang Jing Jia Qi Ye Guan Li You Xian Ze Ren Gong Si
Shang Hai Jing Lin Gu Quan Tou Zi Guan Li You Xian Gong Si
Shang Hai Jing Wu Tou Zi Zhong Xin You Xian He Huo
Shang Hai Jing Mai Run Qi Ye Guan Li Zhong Xin You Xian He Huo
Gong Qing Cheng Jing Cheng Yu Tou Zi Guan Li He Huo Qi Ye You Xian He Huo
Gong Qing Cheng Jing Lin Jing Jia Tou Zi Guan Li He Huo Qi Ye You Xian He Huo
Jing Lin Zi Ben Guan Li You Xian Gong Si
Shen Zhen Jing Lin Jing Ying Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo
Shen Zhen Jing Hui Gu Quan Tou Zi Guan Li He Huo Qi Ye You Xian He Huo
Shang Hai Tong Xiang Hao Qian Qi Ye Guan Li He Huo Qi Ye You Xian He Huo
Xi Zang Jing Ning Qi Ye Guan Li You Xian Ze Ren Gong Si
Liu Li Rui

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