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Federated Hermes (Federated Hermes) Enterprise Value : $2,633 Mil (As of May. 24, 2024)


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What is Federated Hermes 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. As of today, Federated Hermes's Enterprise Value is $2,633 Mil. Federated Hermes's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $435 Mil. Therefore, Federated Hermes's EV-to-EBIT ratio for today is 6.05.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Federated Hermes's Enterprise Value is $2,633 Mil. Federated Hermes's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $460 Mil. Therefore, Federated Hermes's EV-to-EBITDA ratio for today is 5.73.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Federated Hermes's Enterprise Value is $2,633 Mil. Federated Hermes's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $1,624 Mil. Therefore, Federated Hermes's EV-to-Revenue ratio for today is 1.62.


Federated Hermes Enterprise Value Historical Data

The historical data trend for Federated Hermes'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.

Federated Hermes Enterprise Value Chart

Federated Hermes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,176.60 2,880.93 3,493.32 3,234.79 2,796.13

Federated Hermes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value 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 3,588.64 3,142.77 2,897.37 2,796.13 3,008.04

Competitive Comparison of Federated Hermes's Enterprise Value

For the Asset Management subindustry, Federated Hermes'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.


Federated Hermes's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Federated Hermes's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Federated Hermes's Enterprise Value falls into.



Federated Hermes 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.

Federated Hermes's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Federated Hermes's Enterprise Value for the quarter that ended in Mar. 2024 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.


Federated Hermes  (NYSE:FHI) 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-EBIT is calculated as Enterprise Value divided by its EBIT.

Federated Hermes's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2632.775/435.417
=6.05

Federated Hermes's current Enterprise Value is $2,633 Mil.
Federated Hermes's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $435 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Federated Hermes's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2632.775/459.855
=5.73

Federated Hermes's current Enterprise Value is $2,633 Mil.
Federated Hermes's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $460 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Federated Hermes's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2632.775/1623.756
=1.62

Federated Hermes's current Enterprise Value is $2,633 Mil.
Federated Hermes's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,624 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.


Federated Hermes Enterprise Value Related Terms

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Federated Hermes (Federated Hermes) Business Description

Traded in Other Exchanges
Address
1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779
Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).
Executives
Saker Anwar Nusseibeh officer: CEO, Hermes Fund Managers Ltd. HERMES INVESTMENT MANAGEMENT, 150 CHEAPSIDE, 6TH FLOOR, LONDON X0 EC2V6ET
John B Fisher director, officer: Pres Inst Sales Div. FSC 1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Dolores D Dudiak officer: Vice President 1001 LIBERTY AVENUE, 19TH FLOOR, PITTSBURGH PA 15222
Gordon J Ceresino officer: Exec. Director, Int'l Dist. FEDERATED MDT ADVISER, 125 HIGH STREET, OLIVER STREET TOWER, 21ST FLOOR, BOSTON MA 02110
Richard A Novak officer: Principal Accounting Officer FEDERATED INVESTORS INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Paul A Uhlman officer: Vice President 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Peter J Germain officer: EVP, Chief Legal Officer & GC C/O FEDERATED INVESTORS, 1001 LIBERTY AVE, PITTSBURGH PA 15222
Meter Stephen Van officer: VP, Chief Compliance Officer FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
J Christopher Donahue director, officer: President and CEO 5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Michael J Farrell director 1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Thomas R Donahue director, officer: VP, CFO, Treasurer 5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Marie Milie Jones director FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Eugene F Maloney director, officer: Vice President FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Joseph C Bartolacci director
Thomas E Territ officer: Vice President FEDERATED INVESTORS, INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779