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, Tingo Group's Enterprise Value is $162 Mil.
Tingo Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $552 Mil. Therefore, Tingo Group's EV-to-EBIT ratio for today is 0.29.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tingo Group's Enterprise Value is $162 Mil.
Tingo Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $874 Mil. Therefore, Tingo Group's EV-to-EBITDA ratio for today is 0.19.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tingo Group's Enterprise Value is $162 Mil.
Tingo Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $2,525 Mil. Therefore, Tingo Group's EV-to-Revenue ratio for today is 0.06.
Tingo Group Enterprise Value Historical Data
The historical data trend for Tingo 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.
Competitive Comparison of Tingo Group's Enterprise Value
For the Software - Application subindustry, Tingo 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.
Tingo Group's Enterprise Value Distribution in the Software Industry
For the Software industry and Technology sector, Tingo Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tingo Group's Enterprise Value falls into.
Tingo 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.
Tingo Group's Enterprise Value for the fiscal year that ended in Dec. 2022 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.
Tingo Group (OTCPK:TIOG) 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.
Tingo Group's current Enterprise Value is $162 Mil.
Tingo Group's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $552 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tingo Group's current Enterprise Value is $162 Mil.
Tingo Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $874 Mil.
Tingo Group's current Enterprise Value is $162 Mil.
Tingo Group's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,525 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.
Tingo Group Enterprise Value Related Terms
Thank you for viewing the detailed overview of Tingo Group's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Tingo Group Inc is a financial technology business focusing on the growth and development technology company currently selling insurance products across various cities in China, with planned expansion into additional markets. Tingo Group has developed scalable proprietary platforms for insurance products and financial services and products, the technology for which is adaptable for other applications and markets. It is a Fintech and Agri-Fintech group of companies with operations in Africa, Southeast Asia and the Middle East.
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