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, Trip.com Group's Enterprise Value is HK$240,831 Mil.
Trip.com Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was HK$14,033 Mil. Therefore, Trip.com Group's EV-to-EBIT ratio for today is 17.16.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Trip.com Group's Enterprise Value is HK$240,831 Mil.
Trip.com Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was HK$14,033 Mil. Therefore, Trip.com Group's EV-to-EBITDA ratio for today is 17.16.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Trip.com Group's Enterprise Value is HK$240,831 Mil.
Trip.com Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was HK$48,810 Mil. Therefore, Trip.com Group's EV-to-Revenue ratio for today is 4.93.
Trip.com Group Enterprise Value Historical Data
The historical data trend for Trip.com Group'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.
Competitive Comparison of Trip.com Group's Enterprise Value
For the Travel Services subindustry, Trip.com Group'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.
Trip.com Group's Enterprise Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Trip.com Group's Enterprise Value falls into.
Trip.com Group 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.
Trip.com Group's Enterprise Value for the fiscal year that ended in Dec. 2022 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.
Trip.com Group (HKSE:09961) 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.
Trip.com Group's current Enterprise Value is HK$240,831 Mil.
Trip.com Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$14,033 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Trip.com Group's current Enterprise Value is HK$240,831 Mil.
Trip.com Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$14,033 Mil.
Trip.com Group's current Enterprise Value is HK$240,831 Mil.
Trip.com Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$48,810 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.
Trip.com Group Enterprise Value Related Terms
Thank you for viewing the detailed overview of Trip.com Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 78% of sales from accommodation reservations and transportation ticketing in 2020. The rest of revenue comes from package tours and corporate travel. Prior to the pandemic in 2019, the company generated 25% of revenue from international business, which is important to its margin expansion. Most of sales come from websites and mobile platforms, while the rest come from call centers. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
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