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, Warner Music Group's Enterprise Value is €19,779 Mil.
Warner Music Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €787 Mil. Therefore, Warner Music Group's EV-to-EBIT ratio for today is 25.13.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Warner Music Group's Enterprise Value is €19,779 Mil.
Warner Music Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €1,092 Mil. Therefore, Warner Music Group's EV-to-EBITDA ratio for today is 18.11.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Warner Music Group's Enterprise Value is €19,779 Mil.
Warner Music Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €5,839 Mil. Therefore, Warner Music Group's EV-to-Revenue ratio for today is 3.39.
Warner Music Group Enterprise Value Historical Data
The historical data trend for Warner Music 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.
Competitive Comparison of Warner Music Group's Enterprise Value
For the Entertainment subindustry, Warner Music 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.
Warner Music Group's Enterprise Value Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Warner Music Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Warner Music Group's Enterprise Value falls into.
Warner Music 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.
Warner Music Group's Enterprise Value for the fiscal year 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.
Warner Music Group (STU:WA4) 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.
Warner Music Group's current Enterprise Value is €19,779 Mil.
Warner Music Group'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 €787 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Warner Music Group's current Enterprise Value is €19,779 Mil.
Warner Music Group'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 €1,092 Mil.
Warner Music Group's current Enterprise Value is €19,779 Mil.
Warner Music Group'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 €5,839 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.
Warner Music Group Enterprise Value Related Terms
Thank you for viewing the detailed overview of Warner Music Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over 1 million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
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