Switch to:
CBS Corp  (NYSE:CBS) Enterprise Value: $27,301 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-to-EBIT is calculated as enterprise value divided by its EBIT. As of today, CBS Corp's enterprise value is $27,301 Mil. CBS Corp's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was $3,199 Mil. Therefore, CBS Corp's EV/EBIT ratio for today is 8.53.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, CBS Corp's enterprise value is $27,301 Mil. CBS Corp's EBITDA for the trailing twelve months (TTM) ended in Mar. 2019 was $3,419 Mil. Therefore, CBS Corp's EV/EBITDA ratio for today is 7.98.

EV-to-Revenue is calculated as enterprise value divided by its Revenue. As of today, CBS Corp's enterprise value is $27,301 Mil. CBS Corp's Revenue for the trailing twelve months (TTM) ended in Mar. 2019 was $14,920 Mil. Therefore, CBS Corp's EV/Revenue ratio for today is 1.83.


Historical Data

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

* Premium members only.

CBS Corp Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,741.38 29,952.19 34,988.44 32,474.00 26,194.40

CBS Corp Quarterly Data

Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 29,138.59 30,792.94 31,207.28 26,194.40 26,729.28

Competitive Comparison
* 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.


CBS Corp Distribution

* The bar in red indicates where CBS Corp's Enterprise Value falls into.



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.

CBS Corp's Enterprise Value for the fiscal year that ended in Dec. 2018 is calculated as

CBS Corp's Enterprise Value for the quarter that ended in Mar. 2019 is calculated as

* 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 (M) 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 (M), 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 (M). 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.

CBS Corp's EV/EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=27300.690/3199
=8.53

CBS Corp's current Enterprise Value is $27,301 Mil.
CBS Corp's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was 649 (Jun. 2018 ) + 685 (Sep. 2018 ) + 644 (Dec. 2018 ) + 1221 (Mar. 2019 ) = $3,199 Mil.

2. EV-to-EBITDA is calculated as enterprise value divided by its EBITDA.

CBS Corp's EV/EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=27300.690/3419
=7.98

CBS Corp's current Enterprise Value is $27,301 Mil.
CBS Corp's EBITDA for the trailing twelve months (TTM) ended in Mar. 2019 was 705 (Jun. 2018 ) + 741 (Sep. 2018 ) + 699 (Dec. 2018 ) + 1274 (Mar. 2019 ) = $3,419 Mil.

3. EV-to-Revenue is calculated as enterprise value divided by its Revenue.

CBS Corp's EV/Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=27300.690/14920
=1.83

CBS Corp's current Enterprise Value is $27,301 Mil.
CBS Corp's EBITDA for the trailing twelve months (TTM) ended in Mar. 2019 was 3466 (Jun. 2018 ) + 3263 (Sep. 2018 ) + 4024 (Dec. 2018 ) + 4167 (Mar. 2019 ) = $14,920 Mil.

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


Related Terms


Headlines

No Headline

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