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, 908 Devices's Enterprise Value is $46.86 Mil.
908 Devices's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-37.92 Mil. Therefore, 908 Devices's EV-to-EBIT ratio for today is -1.24.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, 908 Devices's Enterprise Value is $46.86 Mil.
908 Devices's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-35.53 Mil. Therefore, 908 Devices's EV-to-EBITDA ratio for today is -1.32.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, 908 Devices's Enterprise Value is $46.86 Mil.
908 Devices's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $50.23 Mil. Therefore, 908 Devices's EV-to-Revenue ratio for today is 0.93.
908 Devices Enterprise Value Historical Data
The historical data trend for 908 Devices'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 908 Devices's Enterprise Value
For the Medical Devices subindustry, 908 Devices'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.
908 Devices's Enterprise Value Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, 908 Devices's Enterprise Value distribution charts can be found below:
* The bar in red indicates where 908 Devices's Enterprise Value falls into.
908 Devices 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.
908 Devices'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.
908 Devices (NAS:MASS) 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.
908 Devices's current Enterprise Value is $46.86 Mil.
908 Devices's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-37.92 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
908 Devices's current Enterprise Value is $46.86 Mil.
908 Devices's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35.53 Mil.
908 Devices's current Enterprise Value is $46.86 Mil.
908 Devices's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $50.23 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.
908 Devices Enterprise Value Related Terms
Thank you for viewing the detailed overview of 908 Devices's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
908 Devices Inc manufactures medical devices. It has developed an innovative suite of purpose-built handheld and desktop mass spectrometry, or Mass Spec, devices for the point-of-need. Mass Spec devices are used at the point-of-need to interrogate unknown and invisible materials and provide quick, actionable answers to directly address some of the most critical problems in life sciences research, bioprocessing, industrial biotech, forensics, and adjacent markets.
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