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Third Age Health Services (NZSE:TAH) Enterprise Value : NZ$18.69 Mil (As of May. 17, 2024)


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What is Third Age Health Services 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, Third Age Health Services's Enterprise Value is NZ$18.69 Mil. Third Age Health Services's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$1.19 Mil. Therefore, Third Age Health Services's EV-to-EBIT ratio for today is 15.69.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Third Age Health Services's Enterprise Value is NZ$18.69 Mil. Third Age Health Services's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$1.91 Mil. Therefore, Third Age Health Services's EV-to-EBITDA ratio for today is 9.76.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Third Age Health Services's Enterprise Value is NZ$18.69 Mil. Third Age Health Services's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$13.98 Mil. Therefore, Third Age Health Services's EV-to-Revenue ratio for today is 1.34.


Third Age Health Services Enterprise Value Historical Data

The historical data trend for Third Age Health Services'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.

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Third Age Health Services Enterprise Value Chart

Third Age Health Services Annual Data
Trend Mar21 Mar22 Mar23
Enterprise Value
21.22 28.22 20.03

Third Age Health Services Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Enterprise Value Get a 7-Day Free Trial 24.45 28.22 20.52 20.03 19.14

Competitive Comparison of Third Age Health Services's Enterprise Value

For the Medical Care Facilities subindustry, Third Age Health Services'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.


Third Age Health Services's Enterprise Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Third Age Health Services's Enterprise Value falls into.



Third Age Health Services 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.

Third Age Health Services's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Third Age Health Services's Enterprise Value for the quarter that ended in Sep. 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.


Third Age Health Services  (NZSE:TAH) 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.

Third Age Health Services's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=18.688/1.191
=15.69

Third Age Health Services's current Enterprise Value is NZ$18.69 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Third Age Health Services's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$1.19 Mil.

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

Third Age Health Services's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=18.688/1.914
=9.76

Third Age Health Services's current Enterprise Value is NZ$18.69 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Third Age Health Services's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$1.91 Mil.

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

Third Age Health Services's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=18.688/13.98
=1.34

Third Age Health Services's current Enterprise Value is NZ$18.69 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Third Age Health Services's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$13.98 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.


Third Age Health Services Enterprise Value Related Terms

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Third Age Health Services (NZSE:TAH) Business Description

Traded in Other Exchanges
N/A
Address
536 Kennedy Road, Greenmeadows, Napier, NZL, 4112
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. Its services include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover.

Third Age Health Services (NZSE:TAH) Headlines