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, 99 Acquisition Group's Enterprise Value is $105.74 Mil.
99 Acquisition Group does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Jun. 2023. Therefore, GuruFocus does not calculate 99 Acquisition Group's EV-to-EBIT at this moment.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, 99 Acquisition Group's Enterprise Value is $105.74 Mil.
99 Acquisition Group does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Jun. 2023. Therefore, GuruFocus does not calculate 99 Acquisition Group's EV-to-EBITDA at this moment.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, 99 Acquisition Group's Enterprise Value is $105.74 Mil.
99 Acquisition Group does not have enough years/quarters to calculate its Revenue for the trailing twelve months (TTM) ended in Jun. 2023. Therefore, GuruFocus does not calculate 99 Acquisition Group's EV-to-Revenue at this moment.
99 Acquisition Group Enterprise Value Historical Data
The historical data trend for 99 Acquisition Group'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.
99 Acquisition Group Enterprise Value Chart
99 Acquisition Group Annual Data
Trend
Dec22
Dec23
Enterprise Value
-
102.45
99 Acquisition Group Quarterly Data
Dec22
Jun23
Dec23
Enterprise Value
-
-
102.45
Competitive Comparison of 99 Acquisition Group's Enterprise Value
For the Shell Companies subindustry, 99 Acquisition Group'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.
99 Acquisition Group's Enterprise Value Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, 99 Acquisition Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where 99 Acquisition Group's Enterprise Value falls into.
99 Acquisition Group 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.
99 Acquisition Group'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.
99 Acquisition Group (NAS:NNAG) 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.
99 Acquisition Group Enterprise Value Related Terms
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99 Acquisition Group (99 Acquisition Group) Business Description
99 Acquisition Group Inc is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
99 Acquisition Group (99 Acquisition Group) Headlines
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