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Hitek Global (Hitek Global) EV-to-Revenue : 0.79 (As of May. 11, 2024)


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What is Hitek Global EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Hitek Global's enterprise value is $3.60 Mil. Hitek Global's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $4.56 Mil. Therefore, Hitek Global's EV-to-Revenue for today is 0.79.

The historical rank and industry rank for Hitek Global's EV-to-Revenue or its related term are showing as below:

HKIT' s EV-to-Revenue Range Over the Past 10 Years
Min: -1.75   Med: 2.74   Max: 53.4
Current: 0.79

During the past 7 years, the highest EV-to-Revenue of Hitek Global was 53.40. The lowest was -1.75. And the median was 2.74.

HKIT's EV-to-Revenue is ranked better than
73.79% of 2781 companies
in the Software industry
Industry Median: 2.22 vs HKIT: 0.79

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-05-11), Hitek Global's stock price is $1.31. Hitek Global's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.36. Therefore, Hitek Global's PS Ratio for today is 3.69.


Hitek Global EV-to-Revenue Historical Data

The historical data trend for Hitek Global's EV-to-Revenue 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.

Hitek Global EV-to-Revenue Chart

Hitek Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-Revenue
Get a 7-Day Free Trial - - - - -0.09

Hitek Global Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -0.09

Competitive Comparison of Hitek Global's EV-to-Revenue

For the Software - Application subindustry, Hitek Global's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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.


Hitek Global's EV-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Hitek Global's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hitek Global's EV-to-Revenue falls into.



Hitek Global EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Hitek Global's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3.603/4.564
=0.79

Hitek Global's current Enterprise Value is $3.60 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hitek Global's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $4.56 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.


Hitek Global  (NAS:HKIT) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Hitek Global's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=1.31/0.355
=3.69

Hitek Global's share price for today is $1.31.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. {COMPANY->company}'s Revenue per Sharefor the trailing twelve months (TTM) ended in Dec. 2023 was $0.36.

* 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.


Hitek Global EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Hitek Global's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Hitek Global (Hitek Global) Business Description

Traded in Other Exchanges
Address
No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.