Ryde Group (Ryde Group) Enterprise Value : $210.57 Mil (As of May. 28, 2024)

View and export this data going back to 2024. Start your Free Trial

What is Ryde Group 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, Ryde Group's Enterprise Value is $210.57 Mil. Ryde Group does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Ryde Group's EV-to-EBIT at this moment.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ryde Group's Enterprise Value is $210.57 Mil. Ryde Group does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Ryde Group's EV-to-EBITDA at this moment.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ryde Group's Enterprise Value is $210.57 Mil. Ryde Group does not have enough years/quarters to calculate its Revenue for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Ryde Group's EV-to-Revenue at this moment.

Ryde Group Enterprise Value Historical Data

The historical data trend for Ryde Group'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.

Ryde Group Enterprise Value Chart

Ryde Group Annual Data

Trend

Dec21

Dec22

Dec23

Enterprise Value

Ryde Group Semi-Annual Data
	Dec21	Dec22	Dec23
Enterprise Value	-	-	-

Competitive Comparison of Ryde Group's Enterprise Value

For the Software - Application subindustry, Ryde Group'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.

Ryde Group's Enterprise Value Distribution in the Software Industry

For the Software industry and Technology sector, Ryde Group's Enterprise Value distribution charts can be found below:

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

Ryde Group 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.

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

	Enterprise Value (A: Dec. 2023 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	0	+	0	+	0
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Cash, Cash Equivalents, Marketable Securities
+	3.905	+	-0.059	-	1.272
=	2.57

Ryde Group's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

	Enterprise Value (Q: Dec. 2023 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	0	+	0	+	0
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Cash, Cash Equivalents, Marketable Securities
+	3.905	+	-0.059	-	1.272
=	2.57

Ryde Group (AMEX:RYDE) 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.

Ryde Group Enterprise Value Related Terms

Thank you for viewing the detailed overview of Ryde Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.

Ryde Group (Ryde Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ryde Group Ltd (AMEX:RYDE) » Definitions » Enterprise Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 08-21, Duo Tower, 3 Fraser Street, Singapore, SGP, 189352

Website

https://www.rydesharing.com

Ryde Group Ltd is a company providing an super mobility app offering ultimate convenience and reliability for their customers through multiple mobility tools that can be accessed and function seamlessly out of a single app. The company operate in following segments such as being mobility where they provide on-demand and scheduled carpooling and ride-hailing services, matching riders to our driver partners; and quick commerce where they provide on-demand, scheduled, and multi-stop parcel delivery services.