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Hong Kong Exchanges and Clearing (HKSE:00388) Enterprise Value : HK$94,119 Mil (As of Apr. 27, 2024)


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What is Hong Kong Exchanges and Clearing 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, Hong Kong Exchanges and Clearing's Enterprise Value is HK$94,119 Mil. Hong Kong Exchanges and Clearing's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$22,021 Mil. Therefore, Hong Kong Exchanges and Clearing's EV-to-EBIT ratio for today is 4.27.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hong Kong Exchanges and Clearing's Enterprise Value is HK$94,119 Mil. Hong Kong Exchanges and Clearing's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$23,444 Mil. Therefore, Hong Kong Exchanges and Clearing's EV-to-EBITDA ratio for today is 4.01.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hong Kong Exchanges and Clearing's Enterprise Value is HK$94,119 Mil. Hong Kong Exchanges and Clearing's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$15,277 Mil. Therefore, Hong Kong Exchanges and Clearing's EV-to-Revenue ratio for today is 6.16.


Hong Kong Exchanges and Clearing Enterprise Value Historical Data

The historical data trend for Hong Kong Exchanges and Clearing'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.

Hong Kong Exchanges and Clearing Enterprise Value Chart

Hong Kong Exchanges and Clearing 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 92,513.60 219,239.20 328,808.34 153,242.65 117,139.12

Hong Kong Exchanges and Clearing Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 178,551.89 134,109.37 140,493.98 117,139.12 288,813.95

Competitive Comparison of Hong Kong Exchanges and Clearing's Enterprise Value

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing'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.


Hong Kong Exchanges and Clearing's Enterprise Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's Enterprise Value falls into.



Hong Kong Exchanges and Clearing 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.

Hong Kong Exchanges and Clearing's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Hong Kong Exchanges and Clearing'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.


Hong Kong Exchanges and Clearing  (HKSE:00388) 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.

Hong Kong Exchanges and Clearing's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=94118.791/22021
=4.27

Hong Kong Exchanges and Clearing's current Enterprise Value is HK$94,119 Mil.
Hong Kong Exchanges and Clearing'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 HK$22,021 Mil.

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

Hong Kong Exchanges and Clearing's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=94118.791/23444
=4.01

Hong Kong Exchanges and Clearing's current Enterprise Value is HK$94,119 Mil.
Hong Kong Exchanges and Clearing'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 HK$23,444 Mil.

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

Hong Kong Exchanges and Clearing's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=94118.791/15277
=6.16

Hong Kong Exchanges and Clearing's current Enterprise Value is HK$94,119 Mil.
Hong Kong Exchanges and Clearing'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 HK$15,277 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.


Hong Kong Exchanges and Clearing Enterprise Value Related Terms

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Hong Kong Exchanges and Clearing (HKSE:00388) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Hong Kong Exchanges and Clearing (HKSE:00388) Headlines

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