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, Hera SpA's Enterprise Value is €3,591 Mil.
Hera SpA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €744 Mil. Therefore, Hera SpA's EV-to-EBIT ratio for today is 4.82.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hera SpA's Enterprise Value is €3,591 Mil.
Hera SpA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was €1,389 Mil. Therefore, Hera SpA's EV-to-EBITDA ratio for today is 2.59.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hera SpA's Enterprise Value is €3,591 Mil.
Hera SpA's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was €12,634 Mil. Therefore, Hera SpA's EV-to-Revenue ratio for today is 0.28.
Hera SpA Enterprise Value Historical Data
The historical data trend for Hera SpA'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 Hera SpA's Enterprise Value
For the Utilities - Diversified subindustry, Hera SpA'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.
Hera SpA's Enterprise Value Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Hera SpA's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hera SpA's Enterprise Value falls into.
Hera SpA 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.
Hera SpA'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.
Hera SpA (MIL:HER) 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.
Hera SpA's current Enterprise Value is €3,591 Mil.
Hera SpA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €744 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hera SpA's current Enterprise Value is €3,591 Mil.
Hera SpA's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,389 Mil.
Hera SpA's current Enterprise Value is €3,591 Mil.
Hera SpA's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €12,634 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.
Hera SpA Enterprise Value Related Terms
Thank you for viewing the detailed overview of Hera SpA's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Hera SpA is Italian energy and utilities holding company. As a holding company, Hera is a combination of public-service companies built into a single multi-utility entity. The company operates in environmental services (waste collection and treatment); energy services (distribution and sale of electricity and gas); and water services (waterworks, sewerage, and purification). Primarily, Hera operates in the provinces of Bologna, Rimini, Ravenna-Lugo, Forli-Cesena, and Imola-Faenza in northern Italy.
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