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TG Venture Acquisition (TG Venture Acquisition) Enterprise Value : $41.08 Mil (As of May. 16, 2024)


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What is TG Venture Acquisition 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, TG Venture Acquisition's Enterprise Value is $41.08 Mil. TG Venture Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.95 Mil. Therefore, TG Venture Acquisition's EV-to-EBIT ratio for today is -8.30.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, TG Venture Acquisition's Enterprise Value is $41.08 Mil. TG Venture Acquisition's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.95 Mil. Therefore, TG Venture Acquisition's EV-to-EBITDA ratio for today is -8.30.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, TG Venture Acquisition's Enterprise Value is $41.08 Mil. TG Venture Acquisition's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00 Mil. Therefore, TG Venture Acquisition's EV-to-Revenue ratio for today is .

TG Venture Acquisition Enterprise Value Historical Data

The historical data trend for TG Venture Acquisition'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.

TG Venture Acquisition Enterprise Value Chart

TG Venture Acquisition Annual Data
Trend Dec21 Dec22
Enterprise Value
141.19 146.49

TG Venture Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 143.49 146.49 149.65 44.63 45.90

Competitive Comparison of TG Venture Acquisition's Enterprise Value

For the Shell Companies subindustry, TG Venture Acquisition'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.

TG Venture Acquisition's Enterprise Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TG Venture Acquisition's Enterprise Value distribution charts can be found below:

* The bar in red indicates where TG Venture Acquisition's Enterprise Value falls into.


TG Venture Acquisition 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.

TG Venture Acquisition's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Enterprise Value (A: Dec. 2022 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=146.63299+0+0
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+0+0-0.147
=146.49

TG Venture Acquisition's Enterprise Value for the quarter that ended in Sep. 2023 is calculated as

Enterprise Value (Q: Sep. 2023 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=45.4356274+0+0
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+0.469+0-0.009
=45.90

* 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.

TG Venture Acquisition  (NAS:TGVC) 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.

TG Venture Acquisition's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=41.082/-4.95
=-8.30

TG Venture Acquisition's current Enterprise Value is $41.08 Mil.
TG Venture Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.95 Mil.

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

TG Venture Acquisition's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=41.082/-4.95
=-8.30

TG Venture Acquisition's current Enterprise Value is $41.08 Mil.
TG Venture Acquisition's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.95 Mil.

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

TG Venture Acquisition's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=41.082/0
=

TG Venture Acquisition's current Enterprise Value is $41.08 Mil.
TG Venture Acquisition's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.

TG Venture Acquisition Enterprise Value Related Terms

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TG Venture Acquisition (TG Venture Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TG Venture Acquisition Corp (NAS:TGVC) » Definitions » Enterprise Value
Comparable Companies
AOGO NOVV BREZ HUDA WINV AQU ACAX MTRY PCCT DHAC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1390 Market Street, Suite 200, San Francisco, CA, USA, 94102
Website
https://www.tgventureacquisition.com
TG Venture Acquisition Corp is a newly organized, blank check company.
Executives
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
High Income Securities Fund 10 percent owner US BANCORP FUND SERVICES LLC, 615 EAST MICHIGAN STREET, MILWAUKEE WI 53202
Special Opportunities Fund, Inc. 10 percent owner C/O US BANCORP FUND SERVICES, LLC, 615 EAST MICHIGAN AVENUE, MILWAUKEE WI 53202
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Patrick Tsang director, 10 percent owner, officer: Chairman and CEO WICKHAMS CARY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Philip Benedict Rettger director, officer: CFO PO BOX 605, KETTLE FALLS, WASHINGTON WA 99141
Ma Jason Cheng Yuen director 2121 AVENUE OF THE STARS,, SUITE 2320, LOS ANGELES CA 90067
Komal Ahmad director 300 BERRY STREET, #1313, SAN FRANCISCO CA 94158
Michael Lewis Alexander director SUITE 1975, LEVEL 19, TWO IFC,, 8 FINANCE STREET, HONG KONG F4 00000
Tsangs Group Holdings Ltd 10 percent owner ROOM 6801, 68TH FLOOR,, 99 QUEENS ROAD CENTRAL, CENTRAL,, HONG KONG F4 999077