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, Detection Technology's Enterprise Value is €251.1 Mil.
Detection Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €7.6 Mil. Therefore, Detection Technology's EV-to-EBIT ratio for today is 32.88.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Detection Technology's Enterprise Value is €251.1 Mil.
Detection Technology's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €11.2 Mil. Therefore, Detection Technology's EV-to-EBITDA ratio for today is 22.46.
Detection Technology Enterprise Value Historical Data
The historical data trend for Detection Technology'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 Detection Technology's Enterprise Value
For the Scientific & Technical Instruments subindustry, Detection Technology'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.
Detection Technology's Enterprise Value Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Detection Technology's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Detection Technology's Enterprise Value falls into.
Detection Technology 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.
Detection Technology's Enterprise Value for the fiscal year 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.
Detection Technology (LTS:0CXE) 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.
Detection Technology's current Enterprise Value is €251.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Detection Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €7.6 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Detection Technology's current Enterprise Value is €251.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Detection Technology's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €11.2 Mil.
Detection Technology's current Enterprise Value is €251.1 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Detection Technology's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €103.8 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.
Detection Technology Enterprise Value Related Terms
Thank you for viewing the detailed overview of Detection Technology's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Detection Technology (LTS:0CXE) Business Description
Detection Technology PLC is a company engaged in providing X-ray imaging subsystems, components, and services for medical, security and industrial applications. The business units of the company are the Medical business unit and Security and Industrial business unit, of which prime revenue is derived from the Security Business Unit. Its security imaging offering includes X-ray imaging subsystems for security applications from baggage, parcel and cargo scanning to personnel screening and computed tomography.
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