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Miramar Hotel & Investment Co (HKSE:00071) EV-to-EBITDA : 1.21 (As of May. 18, 2024)


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What is Miramar Hotel & Investment Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Miramar Hotel & Investment Co's enterprise value is HK$1,451 Mil. Miramar Hotel & Investment Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,198 Mil. Therefore, Miramar Hotel & Investment Co's EV-to-EBITDA for today is 1.21.

The historical rank and industry rank for Miramar Hotel & Investment Co's EV-to-EBITDA or its related term are showing as below:

HKSE:00071' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.07   Med: 3.62   Max: 12.27
Current: 1.25

During the past 13 years, the highest EV-to-EBITDA of Miramar Hotel & Investment Co was 12.27. The lowest was 1.07. And the median was 3.62.

HKSE:00071's EV-to-EBITDA is ranked better than
94.69% of 1375 companies
in the Real Estate industry
Industry Median: 12.53 vs HKSE:00071: 1.25

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-18), Miramar Hotel & Investment Co's stock price is HK$10.18. Miramar Hotel & Investment Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.410. Therefore, Miramar Hotel & Investment Co's PE Ratio for today is 7.22.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Miramar Hotel & Investment Co EV-to-EBITDA Historical Data

The historical data trend for Miramar Hotel & Investment Co's EV-to-EBITDA 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.

Miramar Hotel & Investment Co EV-to-EBITDA Chart

Miramar Hotel & Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 8.19 7.69 5.04 1.67

Miramar Hotel & Investment Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.69 - 5.04 - 1.67

Competitive Comparison of Miramar Hotel & Investment Co's EV-to-EBITDA

For the Real Estate Services subindustry, Miramar Hotel & Investment Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Miramar Hotel & Investment Co's EV-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Miramar Hotel & Investment Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Miramar Hotel & Investment Co's EV-to-EBITDA falls into.



Miramar Hotel & Investment Co EV-to-EBITDA Calculation

Miramar Hotel & Investment Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1451.303/1197.625
=1.21

Miramar Hotel & Investment Co's current Enterprise Value is HK$1,451 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Miramar Hotel & Investment Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,198 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.


Miramar Hotel & Investment Co  (HKSE:00071) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Miramar Hotel & Investment Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.18/1.410
=7.22

Miramar Hotel & Investment Co's share price for today is HK$10.18.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Miramar Hotel & Investment Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1.410.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Miramar Hotel & Investment Co EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Miramar Hotel & Investment Co's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Miramar Hotel & Investment Co (HKSE:00071) Business Description

Traded in Other Exchanges
N/A
Address
132 Nathan Road, 15th Floor, Mira Place Tower A, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Miramar Hotel & Investment Co Ltd is an investment holding company. It operates in five segments: Property rental, which includes leasing of office and retail premises to generate rental income and to gain from the appreciation in properties values in the long term; Hotels & serviced apartments segment operates hotels and serviced apartments and provision of hotel management services; Food & beverage operation segment operates restaurants; Travel operation segment is engaged in the operation of travel agency services; and Others. Its geographical segments are Hong Kong and China, of which Hong Kong accounts for the majority of its revenue.

Miramar Hotel & Investment Co (HKSE:00071) Headlines

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