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$46.69 Mil.
Third Age Health Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$3.65 Mil. Therefore, Third Age Health Services's EV-to-EBIT ratio for today is 12.79.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
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
Third Age Health Services's current Enterprise Value is NZ$46.69 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 Mar. 2026 was NZ$3.65 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:
Third Age Health Services's current Enterprise Value is NZ$46.69 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 Mar. 2026 was NZ$4.49 Mil.
Third Age Health Services's current Enterprise Value is NZ$46.69 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 Mar. 2026 was NZ$19.08 Mil.
Third Age Health Services's current Enterprise Value is NZ$46.69 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Third Age Health Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$3.70 Mil.
Third Age Health Services's current Enterprise Value is NZ$46.69 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Third Age Health Services's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$3.55 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
Third Age Health Services Enterprise Value Historical Data
* 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.
NZSE:TAH vs HCA, THC, DVA: Enterprise Value Comparison
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 Enterprise Value vs 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. 2026 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.
What does a Enterprise Value of NZ$46.69 Mil mean?
Third Age Health Services (NZSE:TAH) has a Enterprise Value of NZ$46.69 Mil as of Jul. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Third Age Health Services and its competitors.
Is Third Age Health Services' Enterprise Value too high?
Third Age Health Services' current Enterprise Value is NZ$46.69 Mil. Overall, Third Age Health Services has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Third Age Health Services' Enterprise Value compare to HCA and THC?
Third Age Health Services' Enterprise Value of NZ$46.69 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Healthcare Providers & Services company?
A good Enterprise Value depends on the Healthcare Providers & Services industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Third Age Health Services and its competitors. Third Age Health Services's current Enterprise Value is NZ$46.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Age Health Services stock overvalued right now?
Based on GuruFocus' analysis, Third Age Health Services (NZSE:TAH) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$3.41, compared to a current price of NZ$4.60 — trading 34.9% above its estimated fair value. The current Enterprise Value is NZ$46.69 Mil. Third Age Health Services' overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Third Age Health Services (NZSE:TAH), the current Enterprise Value is NZ$46.69 Mil as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Third Age Health Services (NZSE:TAH) Overvalued in 2026?
Based on GuruFocus' analysis, Third Age Health Services stock appears to be overvalued.
The current stock price of NZ$4.60 is trading 34.9% above its estimated GF Value™ of NZ$3.41.
GuruFocus considers Third Age Health Services to be Significantly Overvalued.
Key valuation signals for NZSE:TAH:
Enterprise Value: NZ$46.69 Mil
GF Value™: NZ$3.41 vs. price of NZ$4.60 (34.9% above fair value)
No single metric tells the full story. See the NZSE:TAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. The services offered by the company include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover. The company segment includes: Aged medical residential care services, being the provision of medical care services to the aged care sector. General practice medical services, being the provision of primary care services to the community.
87GF Score
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