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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, Joy Spreader Group's Enterprise Value is HK$-241.43 Mil.
Joy Spreader Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was HK$-105.31 Mil. Therefore, Joy Spreader Group's EV-to-EBIT ratio for today is 2.29.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Joy Spreader Group's Enterprise Value is HK$-241.43 Mil.
Joy Spreader Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was HK$-90.44 Mil. Therefore, Joy Spreader Group's EV-to-EBITDA ratio for today is 2.67.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Joy Spreader Group's Enterprise Value is HK$-241.43 Mil.
Joy Spreader Group's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was HK$51.29 Mil. Therefore, Joy Spreader Group's EV-to-Revenue ratio for today is -4.71.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Joy Spreader Group (HKSE:06988) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Joy Spreader Group's current Enterprise Value is HK$-241.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Joy Spreader Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was HK$-105.31 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Joy Spreader Group's current Enterprise Value is HK$-241.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Joy Spreader Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was HK$-90.44 Mil.
Joy Spreader Group's current Enterprise Value is HK$-241.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Joy Spreader Group's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was HK$51.29 Mil.
Joy Spreader Group's current Enterprise Value is HK$-241.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Joy Spreader Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was HK$-53.60 Mil.
Joy Spreader Group's current Enterprise Value is HK$-241.43 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Joy Spreader Group's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was HK$-55.73 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.
Joy Spreader Group Enterprise Value Related Terms
Joy Spreader Group Enterprise Value Historical Data
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The historical data trend for Joy Spreader 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.
HKSE:06988 vs APP, OMC, TTD: Enterprise Value Comparison
For the Advertising Agencies subindustry, Joy Spreader 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.
Joy Spreader Group Enterprise Value vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Joy Spreader Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Joy Spreader Group's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Joy Spreader Group's Enterprise Value for the fiscal year that ended in Dec. 2025 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.
What does a Enterprise Value of HK$-241.43 Mil mean?
Joy Spreader Group (HKSE:06988) has a Enterprise Value of HK$-241.43 Mil as of Sep. 21, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Joy Spreader Group and its competitors.
Is Joy Spreader Group's Enterprise Value too high?
Joy Spreader Group's current Enterprise Value is HK$-241.43 Mil.
How does Joy Spreader Group's Enterprise Value compare to APP and OMC?
Joy Spreader Group's Enterprise Value of HK$-241.43 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Media - Diversified company?
A good Enterprise Value depends on the Media - Diversified industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Joy Spreader Group and its competitors. Joy Spreader Group's current Enterprise Value is HK$-241.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joy Spreader Group stock overvalued right now?
Based on GuruFocus' analysis, Joy Spreader Group (HKSE:06988) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.06 — trading 57.5% above its estimated fair value. The current Enterprise Value is HK$-241.43 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Joy Spreader Group (HKSE:06988), the current Enterprise Value is HK$-241.43 Mil as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Joy Spreader Group Inc is engaged in the provision of AI marketing business, AI overseas marketing business and provision of culture business. The company's segments include the Provision of performance-based we-media marketing services segment, which mainly comprises the provision of these marketing services to help its marketing customers direct to consumer, acquire new users and sales orders; and the AI overseas marketing segment comprises the sales of E-commerce goods and providing marketing services on an online platform. The Provision of culture business segment mainly comprises the short drama production and distribution. The Others segment mainly comprises the provision of the advisory service. Its maximum revenue from the Provision of performance-based we-media marketing services.
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