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Hengtai Securities Co (HKSE:01476) Enterprise Value : HK$729 Mil (As of May. 12, 2024)


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What is Hengtai Securities 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, Hengtai Securities Co's Enterprise Value is HK$729 Mil. Hengtai Securities Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$489 Mil. Therefore, Hengtai Securities Co's EV-to-EBIT ratio for today is 1.49.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hengtai Securities Co's Enterprise Value is HK$729 Mil. Hengtai Securities Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$735 Mil. Therefore, Hengtai Securities Co's EV-to-EBITDA ratio for today is 0.99.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hengtai Securities Co's Enterprise Value is HK$729 Mil. Hengtai Securities Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,882 Mil. Therefore, Hengtai Securities Co's EV-to-Revenue ratio for today is 0.39.


Hengtai Securities Co Enterprise Value Historical Data

The historical data trend for Hengtai Securities 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.

Hengtai Securities Co Enterprise Value Chart

Hengtai Securities 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 2,919.26 2,253.19 4,653.69 5,028.92 1,896.67

Hengtai Securities Co Semi-Annual Data
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 4,653.69 1,674.23 5,028.92 3,173.27 1,896.67

Competitive Comparison of Hengtai Securities Co's Enterprise Value

For the Capital Markets subindustry, Hengtai Securities 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.


Hengtai Securities Co's Enterprise Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hengtai Securities Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hengtai Securities Co's Enterprise Value falls into.



Hengtai Securities 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.

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

Hengtai Securities 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.


Hengtai Securities Co  (HKSE:01476) 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.

Hengtai Securities Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=728.746/489.415
=1.49

Hengtai Securities Co's current Enterprise Value is HK$729 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hengtai Securities Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$489 Mil.

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

Hengtai Securities Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=728.746/734.724
=0.99

Hengtai Securities Co's current Enterprise Value is HK$729 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hengtai Securities Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$735 Mil.

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

Hengtai Securities Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=728.746/1882.146
=0.39

Hengtai Securities Co's current Enterprise Value is HK$729 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hengtai Securities Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,882 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.


Hengtai Securities Co Enterprise Value Related Terms

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Hengtai Securities Co (HKSE:01476) Business Description

Traded in Other Exchanges
N/A
Address
No. 17 Finance Street, 11th Floor, China Life Centre, Xicheng District, Beijing, CHN, 100033
Hengtai Securities Co Ltd offers financial products and services to individuals, corporations, financial institutions, and government entities. The company's operating segment includes Brokerage and wealth management; Investment banking; Proprietary trading; Investment management and Others. It generates maximum revenue from the Brokerage and wealth management segment. Brokerage and wealth management segment engaged in the trading of stocks, funds, bonds and futures on behalf of the clients, and also providing investment and financing solutions to high end, professional and institutional clients. In addition, the sale of financial products, margin financing, and securities lending.

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