GB Global Enterprise value
What is the Enterprise value of GB Global?
The Enterprise value of GB Global Limited is $131.62M
What is the definition of Enterprise value?
Enterprise value is a measure of a company’s total market value. It is calculated as market capitalization with debt, minority interest, and preferred shares minus total cash and cash equivalents.
ttm (trailing twelve months)
It is a sum of claims by all claimants including creditors (secured and unsecured) and shareholders (preferred and common). Enterprise value is one of the fundamental metrics used in business valuation, financial modeling, accounting, portfolio analysis, and risk analysis. Enterprise value is more comprehensive than market capitalization, which only reflects common equity and is considered more representative of a company’s value. Enterprise value reflects the opportunistic nature of business and may change substantially over time because of both external and internal conditions.
Enterprise value can be negative if the company holds abnormally high amounts of cash that is not reflected in the market value of the stock and total capitalization. Cash is subtracted in the calculation because it reduces the net cost to a potential purchaser. The effect applies whether the cash is used to issue dividends or to pay down debt. Value of minority interest is added because it reflects the claim on assets consolidated into the firm in question. Value of associate companies is subtracted because it reflects the claim on assets consolidated into other firms. EV should also include such special components as unfunded pension liabilities, employee stock options, environmental provisions, abandonment provisions, and so on, since they also reflect claims on the company.
Enterprise value of companies in the Consumer Discretionary sector on NSE compared to GB Global
What does GB Global do?
GB Global Limited manufactures and sells textiles and garments in India. The company is involved in the yarn dyeing, weaving, printing, and processing activities. It also exports its products. The company was formerly known as Mandhana Industries Limited and changed its name to GB Global Limited in August 2019. GB Global Limited was incorporated in 1984 and is based in Mumbai, India.
Companies with enterprise value similar to GB Global
- Sheffield Resources has Enterprise value of $131.51M
- Harvest S.A has Enterprise value of $131.51M
- Hermitage Offshore Services has Enterprise value of $131.52M
- Les Hotels de Paris SA has Enterprise value of $131.56M
- Jaguar Mining has Enterprise value of $131.57M
- Eureka has Enterprise value of $131.61M
- GB Global has Enterprise value of $131.62M
- Immutep has Enterprise value of $131.69M
- Orient Paper & Industries has Enterprise value of $131.72M
- Stereotaxis has Enterprise value of $131.78M
- Braemar Shipping Services plc has Enterprise value of $131.82M
- Kanoria Chemicals & Industries has Enterprise value of $131.86M
- GT Steel Construction has Enterprise value of $131.98M