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, Sincere Co's Enterprise Value is HK$517.4 Mil.
Sincere Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-24.7 Mil. Therefore, Sincere Co's EV-to-EBIT ratio for today is -20.92.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Sincere Co's Enterprise Value is HK$517.4 Mil.
Sincere Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-24.7 Mil. Therefore, Sincere Co's EV-to-EBITDA ratio for today is -20.92.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sincere Co's Enterprise Value is HK$517.4 Mil.
Sincere Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$146.1 Mil. Therefore, Sincere Co's EV-to-Revenue ratio for today is 3.54.
Sincere Co Enterprise Value Historical Data
The historical data trend for Sincere 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.
Competitive Comparison of Sincere Co's Enterprise Value
For the Department Stores subindustry, Sincere 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.
Sincere Co's Enterprise Value Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Sincere Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Sincere Co's Enterprise Value falls into.
Sincere 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.
Sincere Co's Enterprise Value for the fiscal year that ended in Dec. 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.
Sincere Co (HKSE:00244) 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.
Sincere Co's current Enterprise Value is HK$517.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sincere Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-24.7 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Sincere Co's current Enterprise Value is HK$517.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sincere Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-24.7 Mil.
Sincere Co's current Enterprise Value is HK$517.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sincere Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$146.1 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.
Sincere Co Enterprise Value Related Terms
Thank you for viewing the detailed overview of Sincere Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Sincere Co Ltd is mainly engaged in the retailing business. The company has aggregated its operations into three reportable segments, Department Store Operations; Securities Trading and Others. The Department Store Operations segment consists of the operations of department stores offering a wide range of consumer products; the Securities Trading segment consists of the trading of Hong Kong and overseas securities; and the Others segment consists of the sublease of properties and the provision of general and life insurances. Its primary geographic markets are Hong Kong, Mainland China, the United Kingdom and others. Geographically the company receives maximum revenue from Hong Kong.
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