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, Performant Financial's Enterprise Value is $198.3 Mil.
Performant Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-5.9 Mil. Therefore, Performant Financial's EV-to-EBIT ratio for today is -33.69.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Performant Financial's Enterprise Value is $198.3 Mil.
Performant Financial's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $0.8 Mil. Therefore, Performant Financial's EV-to-EBITDA ratio for today is 239.48.
Performant Financial Enterprise Value Historical Data
The historical data trend for Performant Financial'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 Performant Financial's Enterprise Value
For the Specialty Business Services subindustry, Performant Financial'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.
Performant Financial's Enterprise Value Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Performant Financial's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Performant Financial's Enterprise Value falls into.
Performant Financial 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.
Performant Financial'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.
Performant Financial (NAS:PFMT) 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.
Performant Financial's current Enterprise Value is $198.3 Mil.
Performant Financial'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 $-5.9 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Performant Financial's current Enterprise Value is $198.3 Mil.
Performant Financial'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 $0.8 Mil.
Performant Financial's current Enterprise Value is $198.3 Mil.
Performant Financial'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 $113.7 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.
Performant Financial Enterprise Value Related Terms
Thank you for viewing the detailed overview of Performant Financial's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Performant Financial (Performant Financial) Business Description
Performant Financial Corp provides technology-enabled recovery and related analytics services in the United States. The company provides its services on an outsourced basis where it handles many or all aspects of its clients' recovery processes. It uses technology-enabled services platform to provide recovery and analytics services in a range of markets for the identification and recovery of student loans, improper healthcare payments and delinquent state tax and federal treasury receivables. The services are primarily offered across a broad range of government and private clients in several markets. The revenue generated here is generally on success-based as it earns fees based on a percentage of the aggregate amount of funds that it enables the clients to recover.
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