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goeasy (goeasy) Enterprise Value : $4,181.5 Mil (As of Apr. 29, 2024)


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What is goeasy 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, goeasy's Enterprise Value is $4,181.5 Mil. goeasy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $485.5 Mil. Therefore, goeasy's EV-to-EBIT ratio for today is 8.61.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, goeasy's Enterprise Value is $4,181.5 Mil. goeasy's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $549.6 Mil. Therefore, goeasy's EV-to-EBITDA ratio for today is 7.61.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, goeasy's Enterprise Value is $4,181.5 Mil. goeasy's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $927.8 Mil. Therefore, goeasy's EV-to-Revenue ratio for today is 4.51.


goeasy Enterprise Value Historical Data

The historical data trend for goeasy'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.

goeasy Enterprise Value Chart

goeasy 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 1,455.95 1,812.36 3,485.78 3,027.75 4,039.99

goeasy 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 3,027.75 3,088.13 3,262.66 3,312.46 4,039.99

Competitive Comparison of goeasy's Enterprise Value

For the Credit Services subindustry, goeasy'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.


goeasy's Enterprise Value Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, goeasy's Enterprise Value distribution charts can be found below:

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



goeasy 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.

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

goeasy'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.


goeasy  (OTCPK:EHMEF) 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.

goeasy's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4181.480/485.506
=8.61

goeasy's current Enterprise Value is $4,181.5 Mil.
goeasy'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 $485.5 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=4181.480/549.563
=7.61

goeasy's current Enterprise Value is $4,181.5 Mil.
goeasy'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 $549.6 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=4181.480/927.766
=4.51

goeasy's current Enterprise Value is $4,181.5 Mil.
goeasy'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 $927.8 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.


goeasy Enterprise Value Related Terms

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goeasy (goeasy) Business Description

Traded in Other Exchanges
Address
33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5
goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.

goeasy (goeasy) Headlines

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By GlobeNewswire GlobeNewswire 11-27-2019

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goeasy Ltd. Provides Shareholder Update

By GlobeNewswire GlobeNewswire 12-11-2018

goeasy Ltd. Announces Renewal of Normal Course Issuer Bid

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goeasy Ltd. Announces New $200 Million Securitization Facility

By GlobeNewswire GlobeNewswire 12-10-2020