What is Neo Performance Materials 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, Neo Performance Materials's Enterprise Value is C$212.0 Mil.
Neo Performance Materials's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$31.4 Mil. Therefore, Neo Performance Materials's EV-to-EBIT ratio for today is 6.75.
* 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 Neo Performance Materials's Enterprise Value
For the Specialty Chemicals subindustry, Neo Performance Materials'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.
Neo Performance Materials's Enterprise Value Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Neo Performance Materials's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Neo Performance Materials's Enterprise Value falls into.
Neo Performance Materials 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.
Neo Performance Materials'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.
Neo Performance Materials (TSX:NEO) 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.
Neo Performance Materials's EV-to-EBIT for today is
Neo Performance Materials's current Enterprise Value is C$212.0 Mil.
Neo Performance Materials'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 C$31.4 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Neo Performance Materials's EV-to-EBITDA for today is:
Neo Performance Materials's current Enterprise Value is C$212.0 Mil.
Neo Performance Materials'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 C$53.7 Mil.
Neo Performance Materials's current Enterprise Value is C$212.0 Mil.
Neo Performance Materials'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 C$749.6 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.
Neo Performance Materials Enterprise Value Related Terms
Thank you for viewing the detailed overview of Neo Performance Materials's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Neo Performance Materials (TSX:NEO) Business Description
Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets. The Chemicals & Oxides segment manufactures and distributes a broad range of industrial materials. The Rare Metals segment produces specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. Its geographical segments are Asia, North America, Europe, and Others.
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