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Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Enterprise Value : $46.10 Mil (As of Jun. 06, 2024)


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What is Mfs Intermediate Highome Fund 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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Mfs Intermediate Highome Fund's Enterprise Value is $46.10 Mil. Mfs Intermediate Highome Fund's Revenue for the trailing twelve months (TTM) ended in Nov. 2023 was $3.08 Mil. Therefore, Mfs Intermediate Highome Fund's EV-to-Revenue ratio for today is 14.96.


Mfs Intermediate Highome Fund Enterprise Value Historical Data

The historical data trend for Mfs Intermediate Highome Fund'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.

Mfs Intermediate Highome Fund Enterprise Value Chart

Mfs Intermediate Highome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Enterprise Value
Get a 7-Day Free Trial 73.01 66.09 75.94 51.53 45.36

Mfs Intermediate Highome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.94 59.18 51.53 46.00 45.36

Competitive Comparison of Mfs Intermediate Highome Fund's Enterprise Value

For the Asset Management subindustry, Mfs Intermediate Highome Fund'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.


Mfs Intermediate Highome Fund's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfs Intermediate Highome Fund's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Mfs Intermediate Highome Fund's Enterprise Value falls into.



Mfs Intermediate Highome Fund 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.

Mfs Intermediate Highome Fund's Enterprise Value for the fiscal year that ended in Nov. 2023 is calculated as

Mfs Intermediate Highome Fund's Enterprise Value for the quarter that ended in Nov. 2023 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.


Mfs Intermediate Highome Fund  (NYSE:CIF) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

Mfs Intermediate Highome Fund's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=46.099/3.081
=14.96

Mfs Intermediate Highome Fund's current Enterprise Value is $46.10 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Mfs Intermediate Highome Fund's Revenue for the trailing twelve months (TTM) ended in Nov. 2023 was $3.08 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.


Mfs Intermediate Highome Fund Enterprise Value Related Terms

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Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
Mfs Intermediate High Income Fund is a United States based diversified closed-end management investment company. Its investment objective is to seek high current income but may also consider capital appreciation. The fund invests a majority of its net assets, including borrowings for investment purposes, in high-income debt instruments. Its portfolio of investments includes investment in different sectors such as aerospace, automotive, broadcasting, building, business services, cable TV, chemicals, construction, and other sectors.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Jacques Jr Goulet other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Michael Skatrud other: Portfolio Manager MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A Caroselli director ONE METROTECH CENTER, BROOKLYN NY 11201
Heidi Hardin officer: Secretary MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Christopher R. Bohane officer: Assistant Secretary 111 HUNTINGTON AVENUE, BOSTON MA 02199

Mfs Intermediate Highome Fund (Mfs Intermediate Highome Fund) Headlines