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Veritas Farms (Veritas Farms) Enterprise Value : $7.06 Mil (As of Apr. 27, 2024)


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What is Veritas Farms Enterprise Value?

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, Veritas Farms's Enterprise Value is $7.06 Mil. Veritas Farms's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.87 Mil. Therefore, Veritas Farms's EV-to-EBIT ratio for today is -1.45.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Veritas Farms's Enterprise Value is $7.06 Mil. Veritas Farms's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $-4.61 Mil. Therefore, Veritas Farms's EV-to-EBITDA ratio for today is -1.53.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Veritas Farms's Enterprise Value is $7.06 Mil. Veritas Farms's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $0.88 Mil. Therefore, Veritas Farms's EV-to-Revenue ratio for today is 7.99.


Veritas Farms Enterprise Value Historical Data

The historical data trend for Veritas Farms'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.

Veritas Farms Enterprise Value Chart

Veritas Farms Annual Data
Trend Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Get a 7-Day Free Trial 33.80 38.66 10.07 3.52 5.01

Veritas Farms Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.64 5.01 7.49 5.22 11.04

Competitive Comparison of Veritas Farms's Enterprise Value

For the Drug Manufacturers - Specialty & Generic subindustry, Veritas Farms'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.


Veritas Farms's Enterprise Value Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Veritas Farms's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Veritas Farms's Enterprise Value falls into.



Veritas Farms 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.

Veritas Farms's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Veritas Farms's Enterprise Value for the quarter that ended in Sep. 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.


Veritas Farms  (OTCPK:VFRM) 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.

Veritas Farms's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7.062/-4.871
=-1.45

Veritas Farms's current Enterprise Value is $7.06 Mil.
Veritas Farms's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.87 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Veritas Farms's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=7.062/-4.612
=-1.53

Veritas Farms's current Enterprise Value is $7.06 Mil.
Veritas Farms's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.61 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Veritas Farms's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=7.062/0.884
=7.99

Veritas Farms's current Enterprise Value is $7.06 Mil.
Veritas Farms's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.88 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.


Veritas Farms Enterprise Value Related Terms

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Veritas Farms (Veritas Farms) Business Description

Traded in Other Exchanges
N/A
Address
401 E. Las Olas Boulevard, Suite 1400, Fort Lauderdale, FL, USA, 33001
Veritas Farms Inc is engaged in producing natural rich-hemp products, using strict natural protocols and materials yielding broad spectrum phytocannabinoid rich hemp oils, distillates and isolates. Its products include Full Spectrum CBD Tincture, Full Spectrum CBD Salve, Full Spectrum CBD Capsules, Full Spectrum CBD Lotion and Others.

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