GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cintas Corp (WBO:CTAS) » Definitions » Enterprise Value

Cintas (WBO:CTAS) Enterprise Value : €65,378 Mil (As of Apr. 27, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Cintas 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, Cintas's Enterprise Value is €65,378 Mil. Cintas's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was €1,839 Mil. Therefore, Cintas's EV-to-EBIT ratio for today is 35.54.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Cintas's Enterprise Value is €65,378 Mil. Cintas's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 was €2,238 Mil. Therefore, Cintas's EV-to-EBITDA ratio for today is 29.21.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Cintas's Enterprise Value is €65,378 Mil. Cintas's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 was €8,677 Mil. Therefore, Cintas's EV-to-Revenue ratio for today is 7.53.


Cintas Enterprise Value Historical Data

The historical data trend for Cintas'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.

Cintas Enterprise Value Chart

Cintas Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,087.11 25,326.36 31,923.88 39,984.38 47,021.40

Cintas Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 44,520.53 47,021.40 49,950.28 53,690.25 61,412.42

Competitive Comparison of Cintas's Enterprise Value

For the Specialty Business Services subindustry, Cintas'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.


Cintas's Enterprise Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cintas's Enterprise Value distribution charts can be found below:

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



Cintas 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.

Cintas's Enterprise Value for the fiscal year that ended in May. 2023 is calculated as

Cintas's Enterprise Value for the quarter that ended in Feb. 2024 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.


Cintas  (WBO:CTAS) 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.

Cintas's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=65377.884/1839.37
=35.54

Cintas's current Enterprise Value is €65,378 Mil.
Cintas's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,839 Mil.

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

Cintas's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=65377.884/2238.193
=29.21

Cintas's current Enterprise Value is €65,378 Mil.
Cintas's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,238 Mil.

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

Cintas's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=65377.884/8676.664
=7.53

Cintas's current Enterprise Value is €65,378 Mil.
Cintas's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €8,677 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.


Cintas Enterprise Value Related Terms

Thank you for viewing the detailed overview of Cintas's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Cintas (WBO:CTAS) Business Description

Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.

Cintas (WBO:CTAS) Headlines

From GuruFocus

Cintas Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q4 2021 Cintas Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2022 Cintas Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 Cintas Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Cintas Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Cintas Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 Cintas Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2020 Cintas Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024