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, Horizon Therapeutics's Enterprise Value is $26,693 Mil.
Horizon Therapeutics's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $513 Mil. Therefore, Horizon Therapeutics's EV-to-EBIT ratio for today is 52.08.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Horizon Therapeutics's Enterprise Value is $26,693 Mil.
Horizon Therapeutics's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was $902 Mil. Therefore, Horizon Therapeutics's EV-to-EBITDA ratio for today is 29.61.
Horizon Therapeutics Enterprise Value Historical Data
The historical data trend for Horizon Therapeutics'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 Horizon Therapeutics's Enterprise Value
For the Drug Manufacturers - General subindustry, Horizon Therapeutics'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.
Horizon Therapeutics's Enterprise Value Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Horizon Therapeutics's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Horizon Therapeutics's Enterprise Value falls into.
Horizon Therapeutics 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.
Horizon Therapeutics'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.
Horizon Therapeutics (NAS:HZNP) 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.
Horizon Therapeutics's current Enterprise Value is $26,693 Mil.
Horizon Therapeutics's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $513 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Horizon Therapeutics's current Enterprise Value is $26,693 Mil.
Horizon Therapeutics's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $902 Mil.
Horizon Therapeutics's current Enterprise Value is $26,693 Mil.
Horizon Therapeutics's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,644 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.
Horizon Therapeutics Enterprise Value Related Terms
Thank you for viewing the detailed overview of Horizon Therapeutics's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Horizon Therapeutics (Horizon Therapeutics) Business Description
Horizon Therapeutics PLC is a biotechnology company. The company is focused on the discovery, development, and commercialization of medicines that address critical needs for people impacted by rare, autoimmune, and severe inflammatory diseases. Some of its pipeline products include UPLIZNA; HZN-825; Dazodalibep; Daxdilimab; TEPEZZA and others.
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