GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optare PLC (LSE:OPE) » Definitions » Enterprise Value

Optare (LSE:OPE) Enterprise Value : £20.29 Mil (As of May. 05, 2024)


View and export this data going back to . Start your Free Trial

What is Optare 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, Optare's Enterprise Value is £20.29 Mil. Optare's EBIT for the trailing twelve months (TTM) ended in Sep. 2014 was £-3.76 Mil. Therefore, Optare's EV-to-EBIT ratio for today is -5.40.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Optare's Enterprise Value is £20.29 Mil. Optare's EBITDA for the trailing twelve months (TTM) ended in Sep. 2014 was £-2.74 Mil. Therefore, Optare's EV-to-EBITDA ratio for today is -7.41.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Optare's Enterprise Value is £20.29 Mil. Optare's Revenue for the trailing twelve months (TTM) ended in Sep. 2014 was £53.93 Mil. Therefore, Optare's EV-to-Revenue ratio for today is 0.38.


Optare Enterprise Value Historical Data

The historical data trend for Optare'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.

Optare Enterprise Value Chart

Optare Annual Data
Trend Dec08 Dec09 Dec10 Mar12 Mar13 Mar14
Enterprise Value
Get a 7-Day Free Trial 21.38 20.00 32.80 - -

Optare Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.88 - - - -

Competitive Comparison of Optare's Enterprise Value

For the Auto Manufacturers subindustry, Optare'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.


Optare's Enterprise Value Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Optare's Enterprise Value distribution charts can be found below:

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



Optare 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.

Optare's Enterprise Value for the fiscal year that ended in Mar. 2014 is calculated as

Optare's Enterprise Value for the quarter that ended in Sep. 2014 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.


Optare  (LSE:OPE) 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.

Optare's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=20.291/-3.76
=-5.40

Optare's current Enterprise Value is £20.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Optare's EBIT for the trailing twelve months (TTM) ended in Sep. 2014 was £-3.76 Mil.

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

Optare's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=20.291/-2.739
=-7.41

Optare's current Enterprise Value is £20.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Optare's EBITDA for the trailing twelve months (TTM) ended in Sep. 2014 was £-2.74 Mil.

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

Optare's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=20.291/53.93
=0.38

Optare's current Enterprise Value is £20.29 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Optare's Revenue for the trailing twelve months (TTM) ended in Sep. 2014 was £53.93 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.


Optare Enterprise Value Related Terms

Thank you for viewing the detailed overview of Optare's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Optare (LSE:OPE) Business Description

Traded in Other Exchanges
N/A
Address
Optare PLC is a company incorporated and domiciled in United Kingdom on January 23, 2008. The Company is engaged in designing, manufacturing and selling deck and double deck buses, and also offers after sales service. The company operates in the United Kingdom. The Company's products include; Solo a mini-bus, Metro city and Versa a Midi-buses, Tempo a Full size single deck bus, and Metrodecker a Double-decker bus. It also provides refurbishment services; and technical training, support services, and parts.

Optare (LSE:OPE) Headlines

No Headlines