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, Globus Medical's Enterprise Value is $7,019 Mil.
Globus Medical's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $202 Mil. Therefore, Globus Medical's EV-to-EBIT ratio for today is 34.77.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Globus Medical's Enterprise Value is $7,019 Mil.
Globus Medical's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $347 Mil. Therefore, Globus Medical's EV-to-EBITDA ratio for today is 20.25.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Globus Medical's Enterprise Value is $7,019 Mil.
Globus Medical's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,568 Mil. Therefore, Globus Medical's EV-to-Revenue ratio for today is 4.47.
Globus Medical Enterprise Value Historical Data
The historical data trend for Globus Medical'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 Globus Medical's Enterprise Value
For the Medical Devices subindustry, Globus Medical'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.
Globus Medical's Enterprise Value Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Globus Medical's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Globus Medical's Enterprise Value falls into.
Globus Medical 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.
Globus Medical's Enterprise Value for the fiscal year 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.
Globus Medical (NYSE:GMED) 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.
Globus Medical's current Enterprise Value is $7,019 Mil.
Globus Medical'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 $202 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Globus Medical's current Enterprise Value is $7,019 Mil.
Globus Medical'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 $347 Mil.
Globus Medical's current Enterprise Value is $7,019 Mil.
Globus Medical'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 $1,568 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.
Globus Medical Enterprise Value Related Terms
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Globus Medical (Globus Medical) Business Description
Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include advanced computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States.
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