Enterprise Valuation

FS PeriodFYE2021FYE2022FYE2023Q2 2024
Market Capitalization Date12/31/202112/31/202212/31/202306/30/2024
Market Capitalization          1,896           1,019              828              649 
Less: Cash and Equivalents           (189)             (61)             (21)           (134)
Plus: Total Debt          6,755           6,455           6,160           6,154 
Plus: Leases               72                78                80                75 
Plus: Pension Liabilities               24                -                  -                  -   
Enterprise Value          8,558           7,491           7,047           6,744 
EBITDA             594           1,304              697              852 
EV/EBITDA            14.4               5.7             10.1               7.9 

 "Nothing else in the world... not all the armies... is so powerful as an idea whose time has come." - Victor Hugo