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Black Hills (Black Hills) Enterprise Value

: $7,866 Mil (As of Today)
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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, Black Hills's Enterprise Value is $7,866 Mil. Black Hills's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $482 Mil. Therefore, Black Hills's EV-to-EBIT ratio for today is 16.33.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Black Hills's Enterprise Value is $7,866 Mil. Black Hills's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $738 Mil. Therefore, Black Hills's EV-to-EBITDA ratio for today is 10.65.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Black Hills's Enterprise Value is $7,866 Mil. Black Hills's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,331 Mil. Therefore, Black Hills's EV-to-Revenue ratio for today is 3.37.


Black Hills Enterprise Value Historical Data

The historical data trend for Black Hills'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.

Black Hills Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,415.89 7,724.22 9,206.84 9,391.23 8,084.33

Black Hills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 9,391.23 8,738.16 8,462.36 7,862.18 8,084.33

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Black Hills'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.


Black Hills Enterprise Value Distribution

For the Utilities - Regulated industry and Utilities sector, Black Hills's Enterprise Value distribution charts can be found below:

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



Black Hills 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.

Black Hills's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Black Hills'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.


Black Hills  (NYSE:BKH) 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.

Black Hills's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7865.656/481.6
=16.33

Black Hills's current Enterprise Value is $7,866 Mil.
Black Hills's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $482 Mil.

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

Black Hills's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=7865.656/738.4
=10.65

Black Hills's current Enterprise Value is $7,866 Mil.
Black Hills's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $738 Mil.

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

Black Hills's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=7865.656/2331.3
=3.37

Black Hills's current Enterprise Value is $7,866 Mil.
Black Hills's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,331 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.


Black Hills Enterprise Value Related Terms

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Black Hills (Black Hills) Business Description

Traded in Other Exchanges
Address
7001 Mount Rushmore Road, Rapid City, SD, USA, 57702
Black Hills Corp is a U.S.-based energy company that operates through its regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.
Executives
Richard Kinzley officer: Sr VP & CFO PO BOX 1400, RAPID CITY SD 57709
Rebecca B Roberts director 1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Stuart A Wevik officer: Sr VP - Utility Operations PO BOX 1400, RAPID CITY SD 57709
Kathleen S Mcallister director DEEPWATER HOUSE, KINGSWELLS CAUSEWAY, PRIME FOUR BUSINESS PARK, ABERDEEN, SCOTLAND X0 AB15 8PU
Barry M Granger director PO BOX 1400, RAPID CITY SD 57709
Robert P Otto director PO BOX 1400, RAPID CITY SD 57709
Mark A Schober director
Tony A Jensen director 620 E HEARTSTRONG STREET, SUPERIOR CO 80027
Scott M Prochazka director 1111 LOUISIANA, HOUSTON TX 77002
Teresa Taylor director FIRST INTERSTATE BANCSYSTEM, INC, PO BOX 30918, BILLINGS MT 59116-0918
Michael Madison director PO BOX 5000, PINEVILLE LA 71361-5000
John B Vering director PO BOX 1400, RAPID CITY SD 57709
Steven Richard Mills director C/O ARCHER DANIELS MIDLAND CO, 4666 FARIES PARKWAY, DECATUR IL 62526
Linden R Evans officer: President and CEO PO BOX 1400, RAPID CITY SD 57709
David R Emery director, officer: Executive Chairman P O BOX 1400, RAPID CITY SD 57709-1400