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Chorus Aviation (Chorus Aviation) Enterprise Value : $1,527 Mil (As of Apr. 29, 2024)


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What is Chorus Aviation 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, Chorus Aviation's Enterprise Value is $1,527 Mil. Chorus Aviation's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $196 Mil. Therefore, Chorus Aviation's EV-to-EBIT ratio for today is 7.78.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Chorus Aviation's Enterprise Value is $1,527 Mil. Chorus Aviation's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $373 Mil. Therefore, Chorus Aviation's EV-to-EBITDA ratio for today is 4.10.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Chorus Aviation's Enterprise Value is $1,527 Mil. Chorus Aviation's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,247 Mil. Therefore, Chorus Aviation's EV-to-Revenue ratio for today is 1.22.


Chorus Aviation Enterprise Value Historical Data

The historical data trend for Chorus Aviation'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.

Chorus Aviation Enterprise Value Chart

Chorus Aviation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,318.99 2,056.37 1,867.62 1,973.90 1,684.27

Chorus Aviation Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,973.90 1,914.76 1,887.36 1,658.22 1,684.27

Competitive Comparison of Chorus Aviation's Enterprise Value

For the Airports & Air Services subindustry, Chorus Aviation'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.


Chorus Aviation's Enterprise Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chorus Aviation's Enterprise Value distribution charts can be found below:

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



Chorus Aviation 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.

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

Chorus Aviation'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.


Chorus Aviation  (OTCPK:CHRRF) 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.

Chorus Aviation's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1526.789/196.22
=7.78

Chorus Aviation's current Enterprise Value is $1,527 Mil.
Chorus Aviation'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 $196 Mil.

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

Chorus Aviation's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1526.789/372.76
=4.10

Chorus Aviation's current Enterprise Value is $1,527 Mil.
Chorus Aviation'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 $373 Mil.

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

Chorus Aviation's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1526.789/1247.055
=1.22

Chorus Aviation's current Enterprise Value is $1,527 Mil.
Chorus Aviation'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 $1,247 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.


Chorus Aviation Enterprise Value Related Terms

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Chorus Aviation (Chorus Aviation) Business Description

Traded in Other Exchanges
Address
3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8
Chorus Aviation Inc is a Canadian holding company. It aims to deliver regional aviation to the world through its businesses. It specializes in contract flying, maintenance, repair and overhaul, and aircraft leasing solutions. The company operates in two segments namely, the Regional Aviation Services segment includes contract flying, charter operations and maintenance, repair, and overhaul services that are carried on by both Jazz and Voyageur, and the Regional Aircraft Leasing segment leases aircraft to third parties through its wholly-owned subsidiary Chorus Aviation Capital Corp. It generates maximum revenue from the Regional Aviation Services segment.

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