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China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Enterprise Value : $14,780 Mil (As of Apr. 30, 2024)


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What is China Resources Beer (Holdings) Co 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, China Resources Beer (Holdings) Co's Enterprise Value is $14,780 Mil. China Resources Beer (Holdings) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,014 Mil. Therefore, China Resources Beer (Holdings) Co's EV-to-EBIT ratio for today is 14.57.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Resources Beer (Holdings) Co's Enterprise Value is $14,780 Mil. China Resources Beer (Holdings) Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,014 Mil. Therefore, China Resources Beer (Holdings) Co's EV-to-EBITDA ratio for today is 14.57.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Resources Beer (Holdings) Co's Enterprise Value is $14,780 Mil. China Resources Beer (Holdings) Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $5,443 Mil. Therefore, China Resources Beer (Holdings) Co's EV-to-Revenue ratio for today is 2.72.


China Resources Beer (Holdings) Co Enterprise Value Historical Data

The historical data trend for China Resources Beer (Holdings) Co'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.

China Resources Beer (Holdings) Co Enterprise Value Chart

China Resources Beer (Holdings) Co 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 17,619.86 28,541.34 26,177.63 21,278.00 21,271.95

China Resources Beer (Holdings) Co 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 26,177.63 21,806.99 21,278.00 21,298.10 21,271.95

Competitive Comparison of China Resources Beer (Holdings) Co's Enterprise Value

For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co'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.


China Resources Beer (Holdings) Co's Enterprise Value Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Resources Beer (Holdings) Co's Enterprise Value falls into.



China Resources Beer (Holdings) Co 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.

China Resources Beer (Holdings) Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

China Resources Beer (Holdings) Co'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.


China Resources Beer (Holdings) Co  (OTCPK:CRHKF) 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.

China Resources Beer (Holdings) Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14779.864/1014.12
=14.57

China Resources Beer (Holdings) Co's current Enterprise Value is $14,780 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,014 Mil.

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

China Resources Beer (Holdings) Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=14779.864/1014.12
=14.57

China Resources Beer (Holdings) Co's current Enterprise Value is $14,780 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,014 Mil.

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

China Resources Beer (Holdings) Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=14779.864/5442.612
=2.72

China Resources Beer (Holdings) Co's current Enterprise Value is $14,780 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $5,443 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.


China Resources Beer (Holdings) Co Enterprise Value Related Terms

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China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Business Description

Traded in Other Exchanges
Address
No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.

China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Headlines

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