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, Time Warner's Enterprise Value is $77,270 Mil.
Time Warner's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 was $6,723 Mil. Therefore, Time Warner's EV-to-EBIT ratio for today is 11.49.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Time Warner's Enterprise Value is $77,270 Mil.
Time Warner's EBITDA for the trailing twelve months (TTM) ended in Mar. 2018 was $16,872 Mil. Therefore, Time Warner's EV-to-EBITDA ratio for today is 4.58.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Time Warner's Enterprise Value is $77,270 Mil.
Time Warner's Revenue for the trailing twelve months (TTM) ended in Mar. 2018 was $31,532 Mil. Therefore, Time Warner's EV-to-Revenue ratio for today is 2.45.
Time Warner Enterprise Value Historical Data
The historical data trend for Time Warner'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 Time Warner's Enterprise Value
For the Broadcasting subindustry, Time Warner'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.
Time Warner's Enterprise Value Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Time Warner's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Time Warner's Enterprise Value falls into.
Time Warner 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.
Time Warner's Enterprise Value for the fiscal year that ended in Dec. 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.
Time Warner (NYSE:TWX) 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.
Time Warner's current Enterprise Value is $77,270 Mil.
Time Warner's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,723 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Time Warner's current Enterprise Value is $77,270 Mil.
Time Warner's EBITDA for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $16,872 Mil.
Time Warner's current Enterprise Value is $77,270 Mil.
Time Warner's Revenue for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $31,532 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.
Time Warner Enterprise Value Related Terms
Thank you for viewing the detailed overview of Time Warner's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Time Warner is a pure-play entertainment company that owns several television networks, including HBO, CNN, TNT, and the CW. The filmed entertainment segment creates and distributes movies and television programming for internal and external distribution outlets. Warner Bros. and New Line Cinema combine to form the largest filmmaker in the world. The company owns a deep and valuable content library that includes popular movie franchises such as DC Comics and Harry Potter and television programs such as Friends and The Big Bang Theory.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TWX has been successfully added to your 