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, Veresen's Enterprise Value is C$1,231.90 Mil.
Veresen's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was C$51.00 Mil. Therefore, Veresen's EV-to-EBIT ratio for today is 24.15.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Veresen's Enterprise Value is C$1,231.90 Mil.
Veresen's EBITDA for the trailing twelve months (TTM) ended in Jun. 2017 was C$51.00 Mil. Therefore, Veresen's EV-to-EBITDA ratio for today is 24.15.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Veresen's Enterprise Value is C$1,231.90 Mil.
Veresen's Revenue for the trailing twelve months (TTM) ended in Jun. 2017 was C$299.00 Mil. Therefore, Veresen's EV-to-Revenue ratio for today is 4.12.
Veresen Enterprise Value Historical Data
The historical data trend for Veresen'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 Veresen's Enterprise Value
For the Oil & Gas Midstream subindustry, Veresen'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.
Veresen's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Veresen's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Veresen's Enterprise Value falls into.
Veresen 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.
Veresen's Enterprise Value for the fiscal year that ended in Dec. 2016 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.
Veresen (TSX:VSN.PR.A.PFD) 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.
Veresen's current Enterprise Value is C$1,231.90 Mil.
Veresen's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was C$51.00 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Veresen's current Enterprise Value is C$1,231.90 Mil.
Veresen's EBITDA for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was C$51.00 Mil.
Veresen's current Enterprise Value is C$1,231.90 Mil.
Veresen's Revenue for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was C$299.00 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.
Veresen Enterprise Value Related Terms
Thank you for viewing the detailed overview of Veresen's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Veresen Inc is an energy infrastructure company based in Calgary, Alberta, Canada. It owns and operates energy infrastructure assets across North America. The Company operates in three business segments, Pipelines, Midstream, and Power. The Company's Pipelines segment owns a 1,330-kilometre pipeline system that transports purity ethane from various Alberta ethane extraction plants to Alberta's major petrochemical complexes located near Joffre and Fort Saskatchewan, Alberta; and also owns a 3,000-kilometre natural gas pipeline comprised of a mainline and various connecting lateral pipelines. This pipeline extends from northeastern B.C. to points near Chicago, Illinois. It's Midstream Business segment is comprised of two natural gas processing plants with combined functional capacity of 516 mmcf/d, as well as approximately 40,000 horsepower of compression and 370 km of gas gathering lines and is located in the Cutbank Ridge region of Alberta and British Columbia. The Hythe plant processes both sour and sweet natural gas, while the Steeprock plant is a sour gas processing facility. While, its Power Business segment operates, a Gas-Fired Generation facility consisting of an 86-MW cogeneration facility located in Windsor, Ontario; 17-MW cogeneration facility located in London, Ontario; 49-MW cogeneration facility located in Ripon, California; 44-MW cogeneration facility located in Pomona, California; and 70-MW combined cycle power cogeneration facility located in Brush, Colorado; an district energy system that produces and distributes steam and chilled water fueled primarily by natural gas, located in London, Ontario; and a district energy system that produces and distributes steam, hot water and electricity fueled primarily by biomass and waste fuel, located in Charlottetown, P.E.I.; a Run-of-River Hydro facility that produces a 33-MW run-of-river hydroelectric power located on the Black River near Watertown, New York; an 11-MW run-of-river power facility located 30 km north of Vancouver, B.C.; two 5-MW waste-heat power generation facilities located at Spectra pipeline's 150 Mile House and Savona, B.C. compressor stations; and a 33-MW wind project under construction in the County of Huron, Ontario; and also operates two wind power facilities, 9-MW and 11-MW, respectively, near Grand Valley, Ontario.
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