Nexway AG Enterprise value
What is the Enterprise value of Nexway AG?
The Enterprise value of Nexway AG is $34.17M
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 Technology sector on XETRA compared to Nexway AG
What does Nexway AG do?
asknet Solutions AG, together with its subsidiaries, provides e-commerce solutions to software, video games, services, and retail companies to run their online sales worldwide. It develops and operates online shops for the manufacturers of digital and physical products. The company also provides a range of software solutions and services relating to the procurement, distribution, and management of software and hardware for customers in the research and education sectors; and solutions for monetizing digital business models and connecting companies to the global e-commerce market. In addition, it distributes a range of software solutions for students through its studyhouse.de platform. The company was formerly known as Nexway AG and changed its name to asknet Solutions AG in August 2020. The company was founded in 1995 and is headquartered in Karlsruhe, Germany. As of September 16, 2019, asknet Solutions AG operates as subsidiary of Facebank AG.
Companies with enterprise value similar to Nexway AG
- Lai Si Enterprise has Enterprise value of $34.08M
- Rane Engine Valve has Enterprise value of $34.10M
- Rane Engine Valve has Enterprise value of $34.10M
- TPL Plastech has Enterprise value of $34.14M
- Kraig Biocraft Laboratories has Enterprise value of $34.14M
- Immo Moury SCA has Enterprise value of $34.17M
- Nexway AG has Enterprise value of $34.17M
- Keytone Dairy has Enterprise value of $34.18M
- EnWave has Enterprise value of $34.19M
- Mid-Southern Savings Bank, FSB has Enterprise value of $34.19M
- Invion has Enterprise value of $34.20M
- Ultracab (India) has Enterprise value of $34.20M
- Alpha Era International has Enterprise value of $34.26M