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LMI Aerospace (LMI Aerospace) Enterprise Value : $191.6 Mil (As of May. 10, 2024)


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What is LMI Aerospace 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, LMI Aerospace's Enterprise Value is $191.6 Mil. LMI Aerospace's EBIT for the trailing twelve months (TTM) ended in Mar. 2017 was $-19.3 Mil. Therefore, LMI Aerospace's EV-to-EBIT ratio for today is -9.95.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, LMI Aerospace's Enterprise Value is $191.6 Mil. LMI Aerospace's EBITDA for the trailing twelve months (TTM) ended in Mar. 2017 was $-0.6 Mil. Therefore, LMI Aerospace's EV-to-EBITDA ratio for today is -297.02.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, LMI Aerospace's Enterprise Value is $191.6 Mil. LMI Aerospace's Revenue for the trailing twelve months (TTM) ended in Mar. 2017 was $342.7 Mil. Therefore, LMI Aerospace's EV-to-Revenue ratio for today is 0.56.


LMI Aerospace Enterprise Value Historical Data

The historical data trend for LMI Aerospace'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.

LMI Aerospace Enterprise Value Chart

LMI Aerospace Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 503.10 478.46 439.30 372.90 355.01

LMI Aerospace Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 Premium Member Only 364.11 355.67 345.50 355.01 451.29

Competitive Comparison of LMI Aerospace's Enterprise Value

For the Aerospace & Defense subindustry, LMI Aerospace'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.


LMI Aerospace's Enterprise Value Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, LMI Aerospace's Enterprise Value distribution charts can be found below:

* The bar in red indicates where LMI Aerospace's Enterprise Value falls into.



LMI Aerospace 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.

LMI Aerospace's Enterprise Value for the fiscal year that ended in Dec. 2016 is calculated as

LMI Aerospace's Enterprise Value for the quarter that ended in Mar. 2017 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.


LMI Aerospace  (NAS:LMIA) 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.

LMI Aerospace's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=191.580/-19.25
=-9.95

LMI Aerospace's current Enterprise Value is $191.6 Mil.
LMI Aerospace's EBIT for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.3 Mil.

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

LMI Aerospace's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=191.580/-0.645
=-297.02

LMI Aerospace's current Enterprise Value is $191.6 Mil.
LMI Aerospace's EBITDA for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.6 Mil.

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

LMI Aerospace's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=191.580/342.669
=0.56

LMI Aerospace's current Enterprise Value is $191.6 Mil.
LMI Aerospace's Revenue for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $342.7 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.


LMI Aerospace Enterprise Value Related Terms

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LMI Aerospace (LMI Aerospace) Business Description

Traded in Other Exchanges
N/A
Address
LMI Aerospace Inc was founded in 1948. The Company is a supplier of structural assemblies, kits and components, and design engineering services to the aerospace and defense markets. The Company provides a array of manufacturing capabilities, as well as engineering and value-added services to the large commercial, corporate and regional, and military aircraft markets. It also provide prototyping, testing and design capabilities to customers in support of new product development and in-service aircraft. LMI Aerospace is a preferred supplier to aircraft original equipment manufacturers (OEMs) and Tier 1 aerospace suppliers. In addition to aerospace products, the Company produces components and assemblies for laser equipment used by semiconductor equipment manufacturers, electronic and electrical wire harnesses, cable assemblies, and mechanical sub-assemblies for the air and rail traffic control, medical equipment, telecommunications, and heavy equipment industries. The Company operates in two business segments consisting of: Aerostructures segment and Engineering Services segment. Its Aerostructures segment fabricates, machines, finishes, integrates, assembles and kits machined and formed close tolerance aluminum, specialty alloy and composite components and higher level assemblies for use by the aerospace and defense industries. The Company also offers its customers value-added services related to the design, production, assembly and distribution of aerospace components and deliver kits of products directly to customer points of use. Its Engineering Services segment provides a complete range of design, engineering and program management services, supporting aircraft product lifecycles from conceptual design, analysis and certification through production support, fleet support, and service life extensions via a complete turnkey engineering solution to OEMs and Tier 1 aerospace suppliers. Its competitors in the aerospace industry consist of a large, fragmented group of companies, including certain business units or affiliates of its customers. The Companys operations are subject to extensive and frequently changing federal, state and local laws and substantial regulation by government agencies.
Executives
Gregory L Summe director C/O GLEN CAPITAL PARTNERS LLC, 800 SOUTH STREET, SUITE 160, WALTHAM MA 02453
John S Eulich director 411 FOUNTAIN LAKES BLVD., ST. CHARLES MO 63301
Gerald E Daniels director
Daniel G. Korte director, officer: CEO & PRESIDENT C/O LMI AEROSPACE, INC., 411 FOUNTAIN LAKE BLVD., ST. CHARLES MO 63301
Lawrence J Resnick director
John M Roeder director 411 FOUNTAIN LAKES BLVD. ST. CHARLES MO 63301
Glen Capital Partners Focus Fund, L.p. 10 percent owner 75 ARLINGTON STREET, SUITE 500, BOSTON MA 02116
Glen Capital Partners Llc 10 percent owner 800 SOUTH STREET, SUITE 160, WALTHAM MA 02453
Glen Capital Partners Gp Llc 10 percent owner 800 SOUTH STREET, SUITE 160, WALTHAM MA 02453
Miller Paul L Jr director

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