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Jet Knitwears (NSE:JETKNIT) Enterprise Value : ₹579.7 Mil (As of May. 29, 2024)


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What is Jet Knitwears 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, Jet Knitwears's Enterprise Value is ₹579.7 Mil. Jet Knitwears's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹28.1 Mil. Therefore, Jet Knitwears's EV-to-EBIT ratio for today is 20.63.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Jet Knitwears's Enterprise Value is ₹579.7 Mil. Jet Knitwears's EBITDA for the trailing twelve months (TTM) ended in Mar. 2023 was ₹32.8 Mil. Therefore, Jet Knitwears's EV-to-EBITDA ratio for today is 17.67.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Jet Knitwears's Enterprise Value is ₹579.7 Mil. Jet Knitwears's Revenue for the trailing twelve months (TTM) ended in Mar. 2023 was ₹365.0 Mil. Therefore, Jet Knitwears's EV-to-Revenue ratio for today is 1.59.


Jet Knitwears Enterprise Value Historical Data

The historical data trend for Jet Knitwears'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.

Jet Knitwears Enterprise Value Chart

Jet Knitwears Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 284.02 181.26 195.21 533.86 381.17

Jet Knitwears Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 195.21 327.50 533.86 532.93 381.17

Competitive Comparison of Jet Knitwears's Enterprise Value

For the Apparel Manufacturing subindustry, Jet Knitwears'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.


Jet Knitwears's Enterprise Value Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jet Knitwears's Enterprise Value distribution charts can be found below:

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



Jet Knitwears 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.

Jet Knitwears's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Jet Knitwears's Enterprise Value for the quarter that ended in Mar. 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.


Jet Knitwears  (NSE:JETKNIT) 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.

Jet Knitwears's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=579.710/28.104
=20.63

Jet Knitwears's current Enterprise Value is ₹579.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Jet Knitwears's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹28.1 Mil.

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

Jet Knitwears's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=579.710/32.81
=17.67

Jet Knitwears's current Enterprise Value is ₹579.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Jet Knitwears's EBITDA for the trailing twelve months (TTM) ended in Mar. 2023 was ₹32.8 Mil.

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

Jet Knitwears's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=579.710/365.035
=1.59

Jet Knitwears's current Enterprise Value is ₹579.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Jet Knitwears's Revenue for the trailing twelve months (TTM) ended in Mar. 2023 was ₹365.0 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.


Jet Knitwears Enterprise Value Related Terms

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Jet Knitwears (NSE:JETKNIT) Business Description

Traded in Other Exchanges
N/A
Address
119/410 B-1, Darshan Purwa, Kanpur, UP, IND, 208012
Jet Knitwears Ltd is engaged in manufacturing of textile Items, other knitted and crocheted apparel including hosiery. It offers intimate garments for men, women, and children. The company's products include such as vests, briefs, brassiere, panties, socks, t-shirts and casual wears.

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