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, R Split III's Enterprise Value is C$0.00 Mil.
R Split III's EBIT for the trailing twelve months (TTM) ended in Nov. 2016 was C$3.78 Mil. Therefore, R Split III's EV-to-EBIT ratio for today is 0.00.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, R Split III's Enterprise Value is C$0.00 Mil.
R Split III's EBITDA for the trailing twelve months (TTM) ended in Nov. 2016 was C$3.78 Mil. Therefore, R Split III's EV-to-EBITDA ratio for today is 0.00.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, R Split III's Enterprise Value is C$0.00 Mil.
R Split III's Revenue for the trailing twelve months (TTM) ended in Nov. 2016 was C$3.99 Mil. Therefore, R Split III's EV-to-Revenue ratio for today is 0.00.
R Split III Enterprise Value Historical Data
The historical data trend for R Split III'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 R Split III's Enterprise Value
For the Asset Management subindustry, R Split III'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.
R Split III's Enterprise Value Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, R Split III's Enterprise Value distribution charts can be found below:
* The bar in red indicates where R Split III's Enterprise Value falls into.
R Split III 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.
R Split III's Enterprise Value for the fiscal year that ended in May. 2016 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.
R Split III (TSX:RBS.PR.B.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-EBIT is calculated as Enterprise Value divided by its EBIT.
R Split III's current Enterprise Value is C$0.00 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. R Split III's EBIT for the trailing twelve months (TTM) ended in Nov. 2016 was C$3.78 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
R Split III's current Enterprise Value is C$0.00 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. R Split III's EBITDA for the trailing twelve months (TTM) ended in Nov. 2016 was C$3.78 Mil.
R Split III's current Enterprise Value is C$0.00 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. R Split III's Revenue for the trailing twelve months (TTM) ended in Nov. 2016 was C$3.99 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.
R Split III Enterprise Value Related Terms
Thank you for viewing the detailed overview of R Split III's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
R Split III (TSX:RBS.PR.B.PFD) Business Description
R Split III Corp was incorporated under the laws of Ontario on January 30, 2007. The Company is a mutual fund corporation whose principal undertaking is to invest in common shares of Royal Bank of Canada. The Company holds the Royal Bank Shares in order to generate fixed cumulative preferential distributions of $0.1445 per annum for the holders of the Company's Preferred Shares while providing the holders of the Capital Shares with a leveraged investment, the value of which is linked to the changes in the market price of the Royal Bank Shares.
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