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Automotive Finco (Automotive Finco) Enterprise Value : $-8.78 Mil (As of Jun. 23, 2024)


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What is Automotive Finco 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, Automotive Finco's Enterprise Value is $-8.78 Mil. Automotive Finco's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $1.41 Mil. Therefore, Automotive Finco's EV-to-EBIT ratio for today is -6.22.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Automotive Finco's Enterprise Value is $-8.78 Mil. Automotive Finco's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $1.41 Mil. Therefore, Automotive Finco's EV-to-EBITDA ratio for today is -6.22.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Automotive Finco's Enterprise Value is $-8.78 Mil. Automotive Finco's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $2.05 Mil. Therefore, Automotive Finco's EV-to-Revenue ratio for today is -4.29.


Automotive Finco Enterprise Value Historical Data

The historical data trend for Automotive Finco'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.

Automotive Finco Enterprise Value Chart

Automotive Finco Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.80 -2.35 10.19 14.29 -9.81

Automotive Finco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.70 4.40 4.90 -9.81 -9.53

Competitive Comparison of Automotive Finco's Enterprise Value

For the Credit Services subindustry, Automotive Finco'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.


Automotive Finco's Enterprise Value Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Automotive Finco's Enterprise Value distribution charts can be found below:

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



Automotive Finco 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.

Automotive Finco's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Automotive Finco's Enterprise Value for the quarter that ended in Mar. 2024 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.


Automotive Finco  (OTCPK:RMIAF) 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.

Automotive Finco's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-8.783/1.413
=-6.22

Automotive Finco's current Enterprise Value is $-8.78 Mil.
Automotive Finco's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.41 Mil.

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

Automotive Finco's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-8.783/1.413
=-6.22

Automotive Finco's current Enterprise Value is $-8.78 Mil.
Automotive Finco's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.41 Mil.

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

Automotive Finco's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-8.783/2.046
=-4.29

Automotive Finco's current Enterprise Value is $-8.78 Mil.
Automotive Finco's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.05 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.


Automotive Finco Enterprise Value Related Terms

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Automotive Finco (Automotive Finco) Business Description

Traded in Other Exchanges
Address
Yonge King, PO Box 17026, Toronto, ON, CAN, M5E 1Y2
Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The Company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.

Automotive Finco (Automotive Finco) Headlines

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