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Third Century Bancorp (Third Century Bancorp) Enterprise Value : $8.23 Mil (As of May. 27, 2024)


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What is Third Century Bancorp 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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Third Century Bancorp's Enterprise Value is $8.23 Mil. Third Century Bancorp's Revenue for the trailing twelve months (TTM) ended in Jun. 2007 was $5.47 Mil. Therefore, Third Century Bancorp's EV-to-Revenue ratio for today is 1.50.


Third Century Bancorp Enterprise Value Historical Data

The historical data trend for Third Century Bancorp'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.

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Third Century Bancorp Enterprise Value Chart

Third Century Bancorp Annual Data
Trend Dec04 Dec05 Dec06
Enterprise Value
9.40 13.44 33.79

Third Century Bancorp Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.77 35.34 33.79 31.43 33.51

Competitive Comparison of Third Century Bancorp's Enterprise Value

For the Banks - Regional subindustry, Third Century Bancorp'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.


Third Century Bancorp's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Third Century Bancorp's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Third Century Bancorp's Enterprise Value falls into.



Third Century Bancorp 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.

Third Century Bancorp's Enterprise Value for the fiscal year that ended in Dec. 2006 is calculated as

Third Century Bancorp's Enterprise Value for the quarter that ended in Jun. 2007 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.


Third Century Bancorp  (OTCPK:TDCB) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

Third Century Bancorp's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=8.234/5.473
=1.50

Third Century Bancorp's current Enterprise Value is $8.23 Mil.
Third Century Bancorp's Revenue for the trailing twelve months (TTM) ended in Jun. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.47 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.


Third Century Bancorp Enterprise Value Related Terms

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Third Century Bancorp (Third Century Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
80 East Jefferson Street, Franklin, IN, USA, 46131
Third Century Bancorp operates as a holding company. It provides banking and financial services to individual and corporate customers. The bank offers a variety of deposit products, loans, mortgages, and other products.

Third Century Bancorp (Third Century Bancorp) Headlines