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Canadian Banc (TSX:BK.PR.A.PFD) Enterprise Value : C$-3.64 Mil (As of Apr. 30, 2024)


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What is Canadian Banc 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, Canadian Banc's Enterprise Value is C$-3.64 Mil. Canadian Banc's Revenue for the trailing twelve months (TTM) ended in Nov. 2023 was C$-12.47 Mil. Therefore, Canadian Banc's EV-to-Revenue ratio for today is 0.29.


Canadian Banc Enterprise Value Historical Data

The historical data trend for Canadian Banc'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.

Canadian Banc Enterprise Value Chart

Canadian Banc Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Enterprise Value
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Canadian Banc Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of Canadian Banc's Enterprise Value

For the Asset Management subindustry, Canadian Banc'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.


Canadian Banc's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canadian Banc's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Canadian Banc's Enterprise Value falls into.



Canadian Banc 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.

Canadian Banc's Enterprise Value for the fiscal year that ended in Nov. 2023 is calculated as

Canadian Banc's Enterprise Value for the quarter that ended in Nov. 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.


Canadian Banc  (TSX:BK.PR.A.PFD) 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.

Canadian Banc's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-3.641/-12.469
=0.29

Canadian Banc's current Enterprise Value is C$-3.64 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Canadian Banc's Revenue for the trailing twelve months (TTM) ended in Nov. 2023 was C$-12.47 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.


Canadian Banc Enterprise Value Related Terms

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Canadian Banc (TSX:BK.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of 6 Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.

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