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China Tourism Group Duty Free (SHSE:601888) Enterprise Value : ¥124,478 Mil (As of May. 23, 2024)


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What is China Tourism Group Duty Free 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, China Tourism Group Duty Free's Enterprise Value is ¥124,478 Mil. China Tourism Group Duty Free's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥8,703 Mil. Therefore, China Tourism Group Duty Free's EV-to-EBIT ratio for today is 14.30.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Tourism Group Duty Free's Enterprise Value is ¥124,478 Mil. China Tourism Group Duty Free's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥8,703 Mil. Therefore, China Tourism Group Duty Free's EV-to-EBITDA ratio for today is 14.30.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Tourism Group Duty Free's Enterprise Value is ¥124,478 Mil. China Tourism Group Duty Free's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥65,578 Mil. Therefore, China Tourism Group Duty Free's EV-to-Revenue ratio for today is 1.90.


China Tourism Group Duty Free Enterprise Value Historical Data

The historical data trend for China Tourism Group Duty Free'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.

China Tourism Group Duty Free Enterprise Value Chart

China Tourism Group Duty Free 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 164,277.53 545,438.41 422,153.38 432,452.37 152,033.57

China Tourism Group Duty Free Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 359,998.00 208,360.82 196,732.36 152,033.57 151,159.20

Competitive Comparison of China Tourism Group Duty Free's Enterprise Value

For the Specialty Retail subindustry, China Tourism Group Duty Free'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.


China Tourism Group Duty Free's Enterprise Value Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's Enterprise Value falls into.



China Tourism Group Duty Free 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.

China Tourism Group Duty Free's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

China Tourism Group Duty Free's Enterprise Value for the quarter that ended in Mar. 2024 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.


China Tourism Group Duty Free  (SHSE:601888) 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.

China Tourism Group Duty Free's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=124478.237/8703.235
=14.30

China Tourism Group Duty Free's current Enterprise Value is ¥124,478 Mil.
China Tourism Group Duty Free'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 ¥8,703 Mil.

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

China Tourism Group Duty Free's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=124478.237/8703.235
=14.30

China Tourism Group Duty Free's current Enterprise Value is ¥124,478 Mil.
China Tourism Group Duty Free'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 ¥8,703 Mil.

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

China Tourism Group Duty Free's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=124478.237/65577.842
=1.90

China Tourism Group Duty Free's current Enterprise Value is ¥124,478 Mil.
China Tourism Group Duty Free'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 ¥65,578 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.


China Tourism Group Duty Free Enterprise Value Related Terms

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China Tourism Group Duty Free (SHSE:601888) Business Description

Traded in Other Exchanges
Address
No. 2A, Dongzhimenwai Street, 8th Floor, Block A, Dongcheng District, Beijing, CHN, 100027
China Tourism Group Duty Free Corp Ltd is an investment holding company. The company's segments include Retail and Property. It generates maximum revenue from the Retail segment. The Retail segment offers a comprehensive series of duty-free and duty-paid merchandise to customers in Mainland China, Hong Kong, Macau, Cambodia, etc, through its travel retail business. It also engages sales of duty-free and duty-paid merchandise and income from provision of related services.

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