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, Asta Funding's Enterprise Value is $85.91 Mil.
Asta Funding's EBIT for the trailing twelve months (TTM) ended in Jun. 2020 was $3.99 Mil. Therefore, Asta Funding's EV-to-EBIT ratio for today is 21.54.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Asta Funding's Enterprise Value is $85.91 Mil.
Asta Funding's EBITDA for the trailing twelve months (TTM) ended in Jun. 2020 was $4.08 Mil. Therefore, Asta Funding's EV-to-EBITDA ratio for today is 21.04.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Asta Funding's Enterprise Value is $85.91 Mil.
Asta Funding's Revenue for the trailing twelve months (TTM) ended in Jun. 2020 was $16.71 Mil. Therefore, Asta Funding's EV-to-Revenue ratio for today is 5.14.
Asta Funding Enterprise Value Historical Data
The historical data trend for Asta Funding'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 Asta Funding's Enterprise Value
For the Credit Services subindustry, Asta Funding'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.
Asta Funding's Enterprise Value Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Asta Funding's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Asta Funding's Enterprise Value falls into.
Asta Funding 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.
Asta Funding's Enterprise Value for the fiscal year that ended in Sep. 2019 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.
Asta Funding (NAS:ASFI) 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.
Asta Funding's current Enterprise Value is $85.91 Mil.
Asta Funding's EBIT for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.99 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Asta Funding's current Enterprise Value is $85.91 Mil.
Asta Funding's EBITDA for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.08 Mil.
Asta Funding's current Enterprise Value is $85.91 Mil.
Asta Funding's Revenue for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.71 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.
Asta Funding Enterprise Value Related Terms
Thank you for viewing the detailed overview of Asta Funding's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Asta Funding Inc is a US-based company engaged in the business of acquiring, managing, servicing and recovering on portfolios of consumer receivables. It has organized its business into three segments: Consumer Receivables, Personal Injury Claims, Social Security Disability Advocacy. Its business activity involves purchasing, managing for its own account and servicing distressed consumer receivables, including charged-off receivables, semi-performing receivables and performing receivables, purchasing interests in personal injury claims from claimants who are a party to personal injury litigation, purchasing periodic structured settlements and annuity policies from individuals in exchange for a lump sum payment.
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