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Tian An Medicare (HKSE:00383) Enterprise Value : HK$662 Mil (As of May. 11, 2024)


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What is Tian An Medicare 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, Tian An Medicare's Enterprise Value is HK$662 Mil. Tian An Medicare's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$83 Mil. Therefore, Tian An Medicare's EV-to-EBIT ratio for today is 7.96.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tian An Medicare's Enterprise Value is HK$662 Mil. Tian An Medicare's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$83 Mil. Therefore, Tian An Medicare's EV-to-EBITDA ratio for today is 7.96.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tian An Medicare's Enterprise Value is HK$662 Mil. Tian An Medicare's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,569 Mil. Therefore, Tian An Medicare's EV-to-Revenue ratio for today is 0.42.


Tian An Medicare Enterprise Value Historical Data

The historical data trend for Tian An Medicare'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.

Tian An Medicare Enterprise Value Chart

Tian An Medicare Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,798.81 2,040.81 1,391.78 1,198.20 808.40

Tian An Medicare Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 1,391.78 1,518.27 1,198.20 942.32 808.40

Competitive Comparison of Tian An Medicare's Enterprise Value

For the Medical Care Facilities subindustry, Tian An Medicare'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.


Tian An Medicare's Enterprise Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tian An Medicare's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tian An Medicare's Enterprise Value falls into.



Tian An Medicare 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.

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

Tian An Medicare'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.


Tian An Medicare  (HKSE:00383) 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.

Tian An Medicare's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=661.946/83.211
=7.96

Tian An Medicare's current Enterprise Value is HK$662 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tian An Medicare's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$83 Mil.

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

Tian An Medicare's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=661.946/83.211
=7.96

Tian An Medicare's current Enterprise Value is HK$662 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tian An Medicare's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$83 Mil.

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

Tian An Medicare's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=661.946/1568.824
=0.42

Tian An Medicare's current Enterprise Value is HK$662 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tian An Medicare's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,569 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.


Tian An Medicare Enterprise Value Related Terms

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Tian An Medicare (HKSE:00383) Business Description

Traded in Other Exchanges
Address
333 Lockhart Road, 47th Floor, United Asia Finance Centre, Wanchai, Hong Kong, HKG
China Medical & HealthCare Group Ltd is a healthcare company operating hospitals. Its main focus is on the investment, management, and operations of healthcare and hospital businesses, eldercare businesses, trading of medical equipment and related supplies, property investment and development, securities trading and investments, provision of financial services, and strategic investment. It operates through the following business segments: Healthcare, Eldercare; Property development; Property investment; Financial services; and Securities trading and investments. The firm generates the majority of revenue from the Healthcare segment that is engaged in the operations of hospitals in the PRC.

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