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, Tan Chong International's Enterprise Value is HK$9,344 Mil.
Tan Chong International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$863 Mil. Therefore, Tan Chong International's EV-to-EBIT ratio for today is 10.82.
* 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.
Competitive Comparison of Tan Chong International's Enterprise Value
For the Auto & Truck Dealerships subindustry, Tan Chong International'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.
Tan Chong International's Enterprise Value Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tan Chong International's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tan Chong International's Enterprise Value falls into.
Tan Chong International 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.
Tan Chong International's Enterprise Value for the fiscal year 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.
Tan Chong International (HKSE:00693) 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.
Tan Chong International's current Enterprise Value is HK$9,344 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tan Chong International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$863 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tan Chong International's EV-to-EBITDA for today is:
Tan Chong International's current Enterprise Value is HK$9,344 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tan Chong International's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$863 Mil.
Tan Chong International's current Enterprise Value is HK$9,344 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Tan Chong International's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$13,826 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.
Tan Chong International Enterprise Value Related Terms
Thank you for viewing the detailed overview of Tan Chong International's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Tan Chong International (HKSE:00693) Business Description
Tan Chong International Ltd is an automobile dealer. It offers vehicles of Nissan brand in Singapore, Hong Kong, China and Thailand. The company has five business lines namely, Motor vehicle distribution and dealership business, Heavy commercial vehicle and industrial equipment distribution business, Property rentals and development, Transportation and Other operations which include investment holding, hire purchase financing, provision of workshop services and the manufacturing of vehicle seats. The company generates the majority of revenue from Motor vehicle distribution and dealership business.
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