Switch to:
GuruFocus has detected 9 Warning Signs with EnPro Industries Inc $NPO.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
EnPro Industries Inc (NYSE:NPO)
Enterprise Value
$2,263 Mil (As of Today)

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/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, EnPro Industries Inc's enterprise value is $2,263 Mil. EnPro Industries Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $85 Mil. Therefore, EnPro Industries Inc's EV/EBIT ratio for today is 26.53.

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, EnPro Industries Inc's enterprise value is $2,263 Mil. EnPro Industries Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $142 Mil. Therefore, EnPro Industries Inc's EV/EBITDA ratio for today is 15.90.

EV/Revenue ratio is calculated as enterprise value divided by its Revenue. As of today, EnPro Industries Inc's enterprise value is $2,263 Mil. EnPro Industries Inc's revenue for the trailing twelve months (TTM) ended in Mar. 2017 was $1,189 Mil. Therefore, EnPro Industries Inc's EV/Revenue ratio for today is 1.90.


Definition

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EnPro Industries Inc's Enterprise Value for the fiscal year that ended in Dec. 2016 is calculated as

Enterprise Value (A: Dec. 2016 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=1438.8096+0+708
+Current Portion of Long-Term Debt+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+39.1+0-111.5
=2,074

EnPro Industries Inc's Enterprise Value for the quarter that ended in Mar. 2017 is calculated as

Enterprise Value (Q: Mar. 2017 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=1524.9588+0+468.8
+Current Portion of Long-Term Debt+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+341.6+0-113.7
=2,222

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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/EBIT ratio is calculated as enterprise value divided by its EBIT.

EnPro Industries Inc's EV/EBIT for today is

EnPro Industries Inc's current Enterprise Value is $2,263 Mil.
EnPro Industries Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 26.8 (Jun. 2016 ) + 24.3 (Sep. 2016 ) + 9.9 (Dec. 2016 ) + 24.3 (Mar. 2017 ) = $85 Mil.

2. EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA.

EnPro Industries Inc's EV/EBITDA for today is:

EnPro Industries Inc's current Enterprise Value is $2,263 Mil.
EnPro Industries Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was 41 (Jun. 2016 ) + 38.9 (Sep. 2016 ) + 24.3 (Dec. 2016 ) + 38.1 (Mar. 2017 ) = $142 Mil.

3. EV/Revenue ratio is calculated as enterprise value divided by its Revenue.

EnPro Industries Inc's EV/Revenue for today is:

EV/Revenue ratio=Enterprise Value (Today)/Revenue (TTM)
=2263.080/1188.6
=1.90

EnPro Industries Inc's current Enterprise Value is $2,263 Mil.
EnPro Industries Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was 313.2 (Jun. 2016 ) + 292.7 (Sep. 2016 ) + 286.9 (Dec. 2016 ) + 295.8 (Mar. 2017 ) = $1,189 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Market Cap, Preferred Stock, Long-Term Debt & Capital Lease Obligation, Cash, Cash Equivalents, Marketable Securities, Current Portion of Long-Term Debt


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

EnPro Industries Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev 7195435861,0151,0451,2361,5901,9261,5232,074

EnPro Industries Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev 1,9262,1391,8561,4541,5231,8841,6181,8872,0742,222
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK