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NFT (MI) Enterprise Value : $-42.99 Mil (As of May. 04, 2024)


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What is NFT 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, NFT's Enterprise Value is $-42.99 Mil. NFT's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $6.37 Mil. Therefore, NFT's EV-to-EBIT ratio for today is -6.74.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, NFT's Enterprise Value is $-42.99 Mil. NFT's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was $6.39 Mil. Therefore, NFT's EV-to-EBITDA ratio for today is -6.73.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, NFT's Enterprise Value is $-42.99 Mil. NFT's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was $3.98 Mil. Therefore, NFT's EV-to-Revenue ratio for today is -10.79.


NFT Enterprise Value Historical Data

The historical data trend for NFT'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.

NFT Enterprise Value Chart

NFT Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 8.70 16.65 56.71 -43.99

NFT Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.32 -26.37 -43.99 -41.64 -49.35

Competitive Comparison of NFT's Enterprise Value

For the Internet Retail subindustry, NFT'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.


NFT's Enterprise Value Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, NFT's Enterprise Value distribution charts can be found below:

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



NFT 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.

NFT's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

NFT's Enterprise Value for the quarter that ended in Jun. 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.


NFT  (AMEX:MI) 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.

NFT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-42.991/6.374
=-6.74

NFT's current Enterprise Value is $-42.99 Mil.
NFT's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.37 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-42.991/6.385
=-6.73

NFT's current Enterprise Value is $-42.99 Mil.
NFT's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.39 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-42.991/3.984
=-10.79

NFT's current Enterprise Value is $-42.99 Mil.
NFT's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.98 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.


NFT Enterprise Value Related Terms

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NFT (MI) Business Description

Traded in Other Exchanges
N/A
Address
45-47 Au Pui Wan Street, Flat H 3rd Floor, Haribest Industrial Building, Sha Tin, Hong Kong, HKG
NFT Ltd Formerly Takung Art Co Ltd operates an online electronic platform for offering and trading artwork. Through its platform, the company allows artists/art dealers/owners to access a much bigger art trading market where artists can engage with a wide range of investors. Its platform also invests in high-end artwork accessible to ordinary people without financial resources. The company's trading platforms comprise the sale of calligraphies and paintings, jewelry, and precious stones. It generates revenue in the form of services in connection with the offering and trading of artwork on its system, consisting of listing fees, trading commissions, and management fees.
Executives
Li Kwok Leung Paul officer: Chief Executive Officer ROOM 709 TOWER 2, ADMIRALTY CENTRE, 18 HARCOURT ROAD, ADMIRALTY, HONG KONG K3 00000
Jiangping Xiao director 801 W ADAMS ST, CHICAGO IL 60607
Tracy Chui-kam Ng officer: Chief Financial Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON, HONG KONG K3 00000
Li Lv director ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Xiaoyu Zhang director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL HONG KONG K3 00000
Yang Zhihua officer: Chief Executive Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Jing Wang officer: Chief Financial Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, KOWLOON K3 999077
Hui Ngai Ma 10 percent owner 2A, BLOCK H3, CHI FU FA YUEN, POK FU LAM, HONG KONG K3 000000
Jian Xiao director, 10 percent owner C/O TAKUNG ART CO., LTD, 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Fang Mu officer: Chief Executive Officer 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Jehn Ming Lim officer: Chief Financial Officer FLAT E,7/F, BLOCK 3 ,BANYAN MANSION, WHAMPOA GARDEN,HUNG HOM, KOWLOON, HONG KONG K3 00000
Tianjian Long Shun Inv 10 percent owner SHAZHUANG VILLAGE, SHUANGJIE TOWN, BEICHEN DISTRICT, TIANJIN CITY F4 300400
Ming Cheng director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL HONG KONG K3 00000
Chow Chun Hin Leslie officer: Chief Financial Officer FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL, HONG KONG F4 00000
Zishen Li director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL, HONG KONG NY 00000