What is Target Insurance (Holdings) 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, Target Insurance (Holdings)'s Enterprise Value is HK$578.21 Mil.
Target Insurance (Holdings)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-7.26 Mil. Therefore, Target Insurance (Holdings)'s EV-to-EBIT ratio for today is -79.65.
* 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.
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Target Insurance (Holdings) Enterprise Value Chart
Competitive Comparison of Target Insurance (Holdings)'s Enterprise Value
For the Insurance - Property & Casualty subindustry, Target Insurance (Holdings)'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.
Target Insurance (Holdings)'s Enterprise Value Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Target Insurance (Holdings)'s Enterprise Value distribution charts can be found below:
* The bar in red indicates where Target Insurance (Holdings)'s Enterprise Value falls into.
Target Insurance (Holdings) 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.
* 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.
Target Insurance (Holdings) (HKSE:06161) 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.
Target Insurance (Holdings)'s EV-to-EBIT for today is
Target Insurance (Holdings)'s current Enterprise Value is HK$578.21 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Target Insurance (Holdings)'s EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-7.26 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Target Insurance (Holdings)'s EV-to-EBITDA for today is:
Target Insurance (Holdings)'s current Enterprise Value is HK$578.21 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Target Insurance (Holdings)'s EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-7.26 Mil.
Target Insurance (Holdings)'s current Enterprise Value is HK$578.21 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Target Insurance (Holdings)'s Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was HK$0.00 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.
Target Insurance (Holdings) Enterprise Value Related Terms
Thank you for viewing the detailed overview of Target Insurance (Holdings)'s Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Target Insurance (Holdings) (HKSE:06161) Business Description
Target Insurance (Holdings) Ltd is an investment company based in Hong Kong. It is principally engaged in writing motor insurance. The company offers insurance for the taxi, public light bus, and other motor vehicles. Its operating segments are Taxi, Public Light Bus, Other motor vehicles. The company earns revenue in the form of insurance premiums, dividend income, interest income, and others. It generates all of its revenue from Hong Kong.
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