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, Penske Automotive Group's Enterprise Value is $17,559 Mil.
Penske Automotive Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,645 Mil. Therefore, Penske Automotive Group's EV-to-EBIT ratio for today is 10.67.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Penske Automotive Group's Enterprise Value is $17,559 Mil.
Penske Automotive Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,786 Mil. Therefore, Penske Automotive Group's EV-to-EBITDA ratio for today is 9.83.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Penske Automotive Group's Enterprise Value is $17,559 Mil.
Penske Automotive Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $29,527 Mil. Therefore, Penske Automotive Group's EV-to-Revenue ratio for today is 0.59.
Penske Automotive Group Enterprise Value Historical Data
The historical data trend for Penske Automotive Group'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.
* Premium members only.
Penske Automotive Group Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Enterprise Value
12,730.17
11,932.82
14,644.11
14,882.94
18,441.72
Penske Automotive Group Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Enterprise Value
14,882.94
16,612.38
18,347.15
18,203.89
18,441.72
Competitive Comparison
For the Auto & Truck Dealerships subindustry, Penske Automotive Group'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.
Penske Automotive Group Enterprise Value Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Penske Automotive Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Penske Automotive Group's Enterprise Value falls into.
Penske Automotive Group 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.
Penske Automotive Group'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.
Penske Automotive Group (NYSE:PAG) 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.
Penske Automotive Group's current Enterprise Value is $17,559 Mil.
Penske Automotive Group'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 $1,645 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Penske Automotive Group's EV-to-EBITDA for today is:
Penske Automotive Group's current Enterprise Value is $17,559 Mil.
Penske Automotive Group'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 $1,786 Mil.
Penske Automotive Group's current Enterprise Value is $17,559 Mil.
Penske Automotive Group'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 $29,527 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.
Penske Automotive Group Enterprise Value Related Terms
Thank you for viewing the detailed overview of Penske Automotive Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Penske Automotive Group (Penske Automotive Group) Business Description
Penske Automotive Group operates in about 20 U.S. states and overseas. It has about 150 U.S. light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 20 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007.
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