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, Renxin New Material Co's Enterprise Value is ¥1,399 Mil.
Renxin New Material Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥52 Mil. Therefore, Renxin New Material Co's EV-to-EBIT ratio for today is 27.16.
Renxin New Material Co Enterprise Value Historical Data
The historical data trend for Renxin New Material Co'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 Renxin New Material Co's Enterprise Value
For the Chemicals subindustry, Renxin New Material Co'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.
Renxin New Material Co's Enterprise Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Renxin New Material Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Renxin New Material Co's Enterprise Value falls into.
Renxin New Material Co 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.
Renxin New Material Co'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.
Renxin New Material Co (SZSE:301395) 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.
Renxin New Material Co's current Enterprise Value is ¥1,399 Mil.
Renxin New Material Co'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 ¥52 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Renxin New Material Co's EV-to-EBITDA for today is:
Renxin New Material Co's current Enterprise Value is ¥1,399 Mil.
Renxin New Material Co'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 ¥52 Mil.
Renxin New Material Co's current Enterprise Value is ¥1,399 Mil.
Renxin New Material Co'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 ¥1,953 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.
Renxin New Material Co Enterprise Value Related Terms
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Renxin New Material Co (SZSE:301395) Business Description
Renxin New Material Co Ltd is specialized in polystyrene high Research and development, production and sales of molecular new materials (polystyrene). The main products of Renxin New Materials have been highly recognized by downstream enterprises and established a good market image and brand awareness.
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