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, Summit Materials's Enterprise Value is $8,867 Mil.
Summit Materials's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $509 Mil. Therefore, Summit Materials's EV-to-EBIT ratio for today is 17.43.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Summit Materials's Enterprise Value is $8,867 Mil.
Summit Materials's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $735 Mil. Therefore, Summit Materials's EV-to-EBITDA ratio for today is 12.06.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Summit Materials's Enterprise Value is $8,867 Mil.
Summit Materials's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,619 Mil. Therefore, Summit Materials's EV-to-Revenue ratio for today is 3.38.
Summit Materials Enterprise Value Historical Data
The historical data trend for Summit Materials'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 Summit Materials's Enterprise Value
For the Building Materials subindustry, Summit Materials'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.
Summit Materials's Enterprise Value Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Summit Materials's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Summit Materials's Enterprise Value falls into.
Summit Materials 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.
Summit Materials'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.
Summit Materials (NYSE:SUM) 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.
Summit Materials's current Enterprise Value is $8,867 Mil.
Summit Materials'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 $509 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Summit Materials's current Enterprise Value is $8,867 Mil.
Summit Materials'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 $735 Mil.
Summit Materials's current Enterprise Value is $8,867 Mil.
Summit Materials'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 $2,619 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.
Summit Materials Enterprise Value Related Terms
Thank you for viewing the detailed overview of Summit Materials's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Summit Materials (Summit Materials) Business Description
Summit Materials Inc is an aggregates supplier and cement producer in the United States. The company sells products that include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies to surrounding states along the Mississippi River from Minnesota to Louisiana. In addition to supplying aggregates to customers, the company uses a portion of its materials internally to produce ready-mix concrete and asphalt paving mix, which may be sold externally or used in its paving and related services businesses. The company operates in 22 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through their platforms.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SUM has been successfully added to your 