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Tong Petrotech (SZSE:300164) Enterprise Value : ¥2,591 Mil (As of May. 08, 2024)


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What is Tong Petrotech 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, Tong Petrotech's Enterprise Value is ¥2,591 Mil. Tong Petrotech's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥67 Mil. Therefore, Tong Petrotech's EV-to-EBIT ratio for today is 38.68.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tong Petrotech's Enterprise Value is ¥2,591 Mil. Tong Petrotech's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥67 Mil. Therefore, Tong Petrotech's EV-to-EBITDA ratio for today is 38.68.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tong Petrotech's Enterprise Value is ¥2,591 Mil. Tong Petrotech's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,055 Mil. Therefore, Tong Petrotech's EV-to-Revenue ratio for today is 2.46.


Tong Petrotech Enterprise Value Historical Data

The historical data trend for Tong Petrotech'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.

Tong Petrotech Enterprise Value Chart

Tong Petrotech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,895.70 2,401.26 3,346.83 2,322.53 2,751.78

Tong Petrotech 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 2,527.90 2,598.13 3,062.52 2,751.78 2,459.20

Competitive Comparison of Tong Petrotech's Enterprise Value

For the Oil & Gas Equipment & Services subindustry, Tong Petrotech'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.


Tong Petrotech's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tong Petrotech's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tong Petrotech's Enterprise Value falls into.



Tong Petrotech 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.

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

Tong Petrotech'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.


Tong Petrotech  (SZSE:300164) 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.

Tong Petrotech's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2591.126/66.987
=38.68

Tong Petrotech's current Enterprise Value is ¥2,591 Mil.
Tong Petrotech'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 ¥67 Mil.

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

Tong Petrotech's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2591.126/66.987
=38.68

Tong Petrotech's current Enterprise Value is ¥2,591 Mil.
Tong Petrotech'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 ¥67 Mil.

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

Tong Petrotech's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2591.126/1054.824
=2.46

Tong Petrotech's current Enterprise Value is ¥2,591 Mil.
Tong Petrotech'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 ¥1,055 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.


Tong Petrotech Enterprise Value Related Terms

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Tong Petrotech (SZSE:300164) Business Description

Traded in Other Exchanges
N/A
Address
No. 51 Tangyan Road, 13th Floor, Block A, Life One Center, High-tech Zone, Xi'an, CHN, 710065
Tong Petrotech Corp is engaged in offering oil recovery, drilling and completion technical services, fracturing technology services, CBM technical services, and block integrating contracting services. The technical services provided by the company include compound perforating, drilling, and integrated big bag service.

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