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, Six Flags Entertainment's Enterprise Value is $4,450 Mil.
Six Flags Entertainment's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $267 Mil. Therefore, Six Flags Entertainment's EV-to-EBIT ratio for today is 16.66.
* 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.
Competitive Comparison of Six Flags Entertainment's Enterprise Value
For the Leisure subindustry, Six Flags Entertainment'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.
Six Flags Entertainment's Enterprise Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Six Flags Entertainment's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Six Flags Entertainment's Enterprise Value falls into.
Six Flags Entertainment 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.
Six Flags Entertainment's Enterprise Value for the fiscal year that ended in Dec. 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.
Six Flags Entertainment (NYSE:SIX) 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.
Six Flags Entertainment's current Enterprise Value is $4,450 Mil.
Six Flags Entertainment's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $267 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Six Flags Entertainment's EV-to-EBITDA for today is:
Six Flags Entertainment's current Enterprise Value is $4,450 Mil.
Six Flags Entertainment's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $382 Mil.
Six Flags Entertainment's current Enterprise Value is $4,450 Mil.
Six Flags Entertainment's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,426 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.
Six Flags Entertainment Enterprise Value Related Terms
Thank you for viewing the detailed overview of Six Flags Entertainment's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Six Flags Entertainment (Six Flags Entertainment) Business Description
Six Flags Entertainment Corp owns and operate regional theme parks and water parks. The company operates around 27 theme parks and waterparks, 24 are located in the United States, two are located in Mexico and one is located in Montreal, Canada. The parks generally offer various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.
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