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, SMA Solar Technology AG's Enterprise Value is €1,351 Mil.
SMA Solar Technology AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €263 Mil. Therefore, SMA Solar Technology AG's EV-to-EBIT ratio for today is 5.13.
* 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 SMA Solar Technology AG's Enterprise Value
For the Solar subindustry, SMA Solar Technology AG'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.
SMA Solar Technology AG's Enterprise Value Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, SMA Solar Technology AG's Enterprise Value distribution charts can be found below:
* The bar in red indicates where SMA Solar Technology AG's Enterprise Value falls into.
SMA Solar Technology AG 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.
SMA Solar Technology AG'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.
SMA Solar Technology AG (CHIX:S92d) 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.
SMA Solar Technology AG's current Enterprise Value is €1,351 Mil.
SMA Solar Technology AG's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €263 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
SMA Solar Technology AG's EV-to-EBITDA for today is:
SMA Solar Technology AG's current Enterprise Value is €1,351 Mil.
SMA Solar Technology AG's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €307 Mil.
SMA Solar Technology AG's current Enterprise Value is €1,351 Mil.
SMA Solar Technology AG's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,899 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.
SMA Solar Technology AG Enterprise Value Related Terms
Thank you for viewing the detailed overview of SMA Solar Technology AG's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
SMA Solar Technology AG (CHIX:S92D) Business Description
SMA Solar Technology AG produces, develops, and sells photovoltaic (PV) inverters and other technologies. It operates through several businesses that include Residential, Commercial, Utility, Off-Grid and Storage, and Service. The company's PV inverters convert direct currents from the module into alternating currents. Depending on demand, it is consumed directly into the home, stored, or fed into the utility grid. In SMA's primary business units it provides small PV systems for private applications to residential markets and medium-sized PV systems for commercial application. Utility clients are offered large-scale PV power plants in addition to grid service and monitoring functions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CHIX:S92D has been successfully added to your 