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Commerce Split (TSX:YCM.PR.B.PFD) Enterprise Value : C$0.00 Mil (As of May. 23, 2024)


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What is Commerce Split 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, Commerce Split's Enterprise Value is C$0.00 Mil. Commerce Split's Revenue for the trailing twelve months (TTM) ended in Nov. 2023 was C$-0.86 Mil. Therefore, Commerce Split's EV-to-Revenue ratio for today is 0.00.


Commerce Split Enterprise Value Historical Data

The historical data trend for Commerce Split'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.

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Commerce Split Enterprise Value Chart

Commerce Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Enterprise Value
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Commerce Split 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 Commerce Split's Enterprise Value

For the Asset Management subindustry, Commerce Split'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.


Commerce Split's Enterprise Value Distribution in the Asset Management Industry

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

* The bar in red indicates where Commerce Split's Enterprise Value falls into.



Commerce Split 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.

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

Commerce Split'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.


Commerce Split  (TSX:YCM.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-Revenue is calculated as Enterprise Value divided by its Revenue.

Commerce Split's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=0.000/-0.864
=0.00

Commerce Split's current Enterprise Value is C$0.00 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Commerce Split's Revenue for the trailing twelve months (TTM) ended in Nov. 2023 was C$-0.86 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.


Commerce Split Enterprise Value Related Terms

Thank you for viewing the detailed overview of Commerce Split's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Commerce Split (TSX:YCM.PR.B.PFD) Business Description

Traded in Other Exchanges
Address
77 King Street West, P.O. Box 341, Suite 4500, Royal Trust Tower, Toronto, ON, CAN, M5K 1K7
Commerce Split Corp is a mutual fund company. It invests in common shares of Canadian imperial bank of commerce. The corporation offers three types of shares, a Capital share, a Class I Preferred, and a Class II Preferred.

Commerce Split (TSX:YCM.PR.B.PFD) Headlines

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