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Ingles Markets (Ingles Markets) Enterprise Value

: $1,705 Mil (As of Today)
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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, Ingles Markets's Enterprise Value is $1,705 Mil. Ingles Markets's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $267 Mil. Therefore, Ingles Markets's EV-to-EBIT ratio for today is 6.40.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ingles Markets's Enterprise Value is $1,705 Mil. Ingles Markets's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $382 Mil. Therefore, Ingles Markets's EV-to-EBITDA ratio for today is 4.46.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ingles Markets's Enterprise Value is $1,705 Mil. Ingles Markets's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $5,881 Mil. Therefore, Ingles Markets's EV-to-Revenue ratio for today is 0.29.


Ingles Markets Enterprise Value Historical Data

The historical data trend for Ingles Markets'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.

Ingles Markets Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,597.41 1,418.63 1,810.93 1,849.85 1,697.77

Ingles Markets Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 2,184.62 2,033.33 1,885.58 1,697.77 1,955.31

Competitive Comparison

For the Grocery Stores subindustry, Ingles Markets'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.


Ingles Markets Enterprise Value Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Ingles Markets's Enterprise Value falls into.



Ingles Markets 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.

Ingles Markets's Enterprise Value for the fiscal year that ended in Sep. 2023 is calculated as

Ingles Markets'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.


Ingles Markets  (NAS:IMKTA) 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.

Ingles Markets's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1705.157/266.609
=6.40

Ingles Markets's current Enterprise Value is $1,705 Mil.
Ingles Markets'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 $267 Mil.

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

Ingles Markets's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1705.157/382.257
=4.46

Ingles Markets's current Enterprise Value is $1,705 Mil.
Ingles Markets'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 $382 Mil.

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

Ingles Markets's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1705.157/5880.53
=0.29

Ingles Markets's current Enterprise Value is $1,705 Mil.
Ingles Markets'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 $5,881 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.


Ingles Markets Enterprise Value Related Terms

Thank you for viewing the detailed overview of Ingles Markets's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Ingles Markets (Ingles Markets) Business Description

Traded in Other Exchanges
Address
2913 U.S. Highway 70 West, Black Mountain, NC, USA, 28711
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.
Executives
Sharp Laura Ingle director 2913 U.S. HWY. 70 WEST, BLACK MOUNTAIN NC 28711
Michael David Hogan officer: President of Subsidiary Milkco C/O INGLES MARKETS, INCORPORATED, P.O. BOX 6676, ASHEVILLE NC 28816
Patricia Jackson officer: CFO P.O. BOX 6676, ASHEVILLE NC 28816
James W Lanning director, officer: President, other: Profit Sharing Plan Trustee
John R Lowden director 140 GREENWICH AVE, GREENWICH CT 06830
Ernest E. Ferguson director P.O. BOX 6676, ASHEVILLE NC 28816
Fred Ayers director 2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711
Brenda S Tudor director, officer: VP Finance, Treasurer, CFO
L. Keith Collins director P.O. BOX 6676, ASHEVILLE NC 28816
Laura Anne Laxton Ingle 2011 Irrevocable Trust Dated September 8, 2011 10 percent owner P.O. BOX 6676, ASHEVILLE NC 28816
Robert Ingle, Sr. Administrative Trust Uta Robert Pierce Ingle Living Trust Dated December 24, 2010 10 percent owner 2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711
Robert P Ingle director, officer: Chairman and CEO, other: Profit Sharing Plan Trustee
Ingles Markets Inc Investment/profit Sharing Plan Trust 10 percent owner
Ronald B Freeman director, officer: Chief Financial Officer, other: Profit Sharing Plan Trustee P.O. BOX 6676, ASHEVILLE NC 28816
Ingle Robert P Ii director, officer: VP - Operations PO BOX 6676, ASHEVILLE NC 28816

Ingles Markets (Ingles Markets) Headlines