GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Reece Ltd (ASX:REH) » Definitions » Enterprise Value

Reece (ASX:REH) Enterprise Value : A$19,276 Mil (As of Apr. 28, 2024)


View and export this data going back to 1974. Start your Free Trial

What is Reece 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, Reece's Enterprise Value is A$19,276 Mil. Reece's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$662 Mil. Therefore, Reece's EV-to-EBIT ratio for today is 29.10.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Reece's Enterprise Value is A$19,276 Mil. Reece's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$971 Mil. Therefore, Reece's EV-to-EBITDA ratio for today is 19.85.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Reece's Enterprise Value is A$19,276 Mil. Reece's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$8,950 Mil. Therefore, Reece's EV-to-Revenue ratio for today is 2.15.


Reece Enterprise Value Historical Data

The historical data trend for Reece'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.

* Premium members only.

Reece Enterprise Value Chart

Reece Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,957.09 7,412.78 16,428.59 10,584.10 13,584.98

Reece Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,145.80 10,584.10 10,923.28 13,584.98 15,956.12

Competitive Comparison of Reece's Enterprise Value

For the Industrial Distribution subindustry, Reece'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.


Reece's Enterprise Value Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Reece's Enterprise Value distribution charts can be found below:

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



Reece 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.

Reece's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as

Reece's Enterprise Value for the quarter 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.


Reece  (ASX:REH) 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.

Reece's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=19276.484/662.409
=29.10

Reece's current Enterprise Value is A$19,276 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Reece's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$662 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Reece's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=19276.484/971.081
=19.85

Reece's current Enterprise Value is A$19,276 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Reece's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$971 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Reece's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=19276.484/8949.555
=2.15

Reece's current Enterprise Value is A$19,276 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Reece's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$8,950 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.


Reece Enterprise Value Related Terms

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


Reece (ASX:REH) Business Description

Traded in Other Exchanges
N/A
Address
Private Bag 109, Burwood, Sydney, VIC, AUS, 3125
Reece is an Australian distributor of plumbing supplies and bathroom products, with businesses in Australia, New Zealand, and the United States. Reece Australia holds Australia's largest range of individual plumbing stock-keeping units, supporting plumbing needs for general plumbing, bathrooms, kitchens, heating and air conditioning, irrigation, pools, commercial and government projects, and fire services.In the Australia and New Zealand markets, Reece's professional, or trade, customers are mostly small to medium plumbing businesses working in the areas of residential repairs, renovations, or new home builds.The U.S. business principally serves plumbers working on commercial and residential construction projects and has a network of almost 250 stores in the southern Sun Belt states.

Reece (ASX:REH) Headlines

No Headlines