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, TravelSky Technology's Enterprise Value is $2,737 Mil.
TravelSky Technology's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $331 Mil. Therefore, TravelSky Technology's EV-to-EBIT ratio for today is 8.26.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, TravelSky Technology's Enterprise Value is $2,737 Mil.
TravelSky Technology's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $404 Mil. Therefore, TravelSky Technology's EV-to-EBITDA ratio for today is 6.77.
TravelSky Technology Enterprise Value Historical Data
The historical data trend for TravelSky Technology'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 TravelSky Technology's Enterprise Value
For the Information Technology Services subindustry, TravelSky Technology'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.
TravelSky Technology's Enterprise Value Distribution in the Software Industry
For the Software industry and Technology sector, TravelSky Technology's Enterprise Value distribution charts can be found below:
* The bar in red indicates where TravelSky Technology's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
TravelSky Technology'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.
TravelSky Technology (OTCPK:TSYHF) 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.
TravelSky Technology's current Enterprise Value is $2,737 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TravelSky Technology's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $331 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
TravelSky Technology's current Enterprise Value is $2,737 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TravelSky Technology's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $404 Mil.
TravelSky Technology's current Enterprise Value is $2,737 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TravelSky Technology's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $1,214 Mil.
TravelSky Technology's current Enterprise Value is $2,737 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. TravelSky Technology's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2024 was $-14 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.
TravelSky Technology Enterprise Value Related Terms
Thank you for viewing the detailed overview of TravelSky Technology's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.
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