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, Formosa Plastics's Enterprise Value is NT$469,151 Mil.
Formosa Plastics's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was NT$7,291 Mil. Therefore, Formosa Plastics's EV-to-EBIT ratio for today is 64.34.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Formosa Plastics's Enterprise Value is NT$469,151 Mil.
Formosa Plastics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was NT$15,482 Mil. Therefore, Formosa Plastics's EV-to-EBITDA ratio for today is 30.30.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Formosa Plastics's Enterprise Value is NT$469,151 Mil.
Formosa Plastics's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was NT$195,034 Mil. Therefore, Formosa Plastics's EV-to-Revenue ratio for today is 2.41.
Formosa Plastics Enterprise Value Historical Data
The historical data trend for Formosa Plastics'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 Formosa Plastics's Enterprise Value
For the Specialty Chemicals subindustry, Formosa Plastics'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.
Formosa Plastics's Enterprise Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosa Plastics's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Formosa Plastics's Enterprise Value falls into.
Formosa Plastics 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.
Formosa Plastics'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.
Formosa Plastics (TPE:1301) 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.
Formosa Plastics's current Enterprise Value is NT$469,151 Mil.
Formosa Plastics'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 NT$7,291 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Formosa Plastics's current Enterprise Value is NT$469,151 Mil.
Formosa Plastics'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 NT$15,482 Mil.
Formosa Plastics's current Enterprise Value is NT$469,151 Mil.
Formosa Plastics'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 NT$195,034 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.
Formosa Plastics Enterprise Value Related Terms
Thank you for viewing the detailed overview of Formosa Plastics's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics, Polyolefins, Polypropylene, Tairylan, Chemistry, and Others. The company's products run the gambit of major petrochemicals and plastics. These are used in daily necessities, outdoor sports, mechanical industry, building material coating, and other applications. The company operates primarily in Asia, including Taiwan, mainland China, among others.
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