GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Korean Air Lines Co Ltd (XKRX:003490) » Definitions » Enterprise Value

Korean Air Lines Co (XKRX:003490) Enterprise Value : ₩12,460,046 Mil (As of Apr. 28, 2024)


View and export this data going back to 1966. Start your Free Trial

What is Korean Air Lines Co 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, Korean Air Lines Co's Enterprise Value is ₩12,460,046 Mil. Korean Air Lines Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₩2,107,106 Mil. Therefore, Korean Air Lines Co's EV-to-EBIT ratio for today is 5.91.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Korean Air Lines Co's Enterprise Value is ₩12,460,046 Mil. Korean Air Lines Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was ₩3,830,002 Mil. Therefore, Korean Air Lines Co's EV-to-EBITDA ratio for today is 3.25.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Korean Air Lines Co's Enterprise Value is ₩12,460,046 Mil. Korean Air Lines Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was ₩16,111,796 Mil. Therefore, Korean Air Lines Co's EV-to-Revenue ratio for today is 0.77.


Korean Air Lines Co Enterprise Value Historical Data

The historical data trend for Korean Air Lines Co'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.

Korean Air Lines Co Enterprise Value Chart

Korean Air Lines Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,295,165.23 18,557,127.67 18,737,830.34 13,920,884.62 13,891,228.72

Korean Air Lines Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13,920,884.62 13,689,243.88 13,809,111.53 12,795,191.02 13,891,228.72

Competitive Comparison of Korean Air Lines Co's Enterprise Value

For the Airlines subindustry, Korean Air Lines Co'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.


Korean Air Lines Co's Enterprise Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Korean Air Lines Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Korean Air Lines Co's Enterprise Value falls into.



Korean Air Lines Co 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.

Korean Air Lines Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Enterprise Value (A: Dec. 2023 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=8827010.9+5553.97+7207495.87
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+3739371.324+289209.154-6177412.502
=13,891,229

Korean Air Lines Co's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

Enterprise Value (Q: Dec. 2023 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=8827010.9+5553.97+7207495.87
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+3739371.324+289209.154-6177412.502
=13,891,229

* 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.


Korean Air Lines Co  (XKRX:003490) 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.

Korean Air Lines Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12460045.547/2107105.562
=5.91

Korean Air Lines Co's current Enterprise Value is ₩12,460,046 Mil.
Korean Air Lines Co'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 ₩2,107,106 Mil.

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

Korean Air Lines Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=12460045.547/3830001.935
=3.25

Korean Air Lines Co's current Enterprise Value is ₩12,460,046 Mil.
Korean Air Lines Co'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 ₩3,830,002 Mil.

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

Korean Air Lines Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=12460045.547/16111796.106
=0.77

Korean Air Lines Co's current Enterprise Value is ₩12,460,046 Mil.
Korean Air Lines Co'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 ₩16,111,796 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.


Korean Air Lines Co Enterprise Value Related Terms

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


Korean Air Lines Co (XKRX:003490) Business Description

Traded in Other Exchanges
Address
260 Haneul-gil, Gangseo-gu, Seoul, KOR
Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

No Headlines