What is Miramar Hotel & Investment Co 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.
* 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.
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Miramar Hotel & Investment Co Enterprise Value Chart
Competitive Comparison of Miramar Hotel & Investment Co's Enterprise Value
For the Real Estate Services subindustry, Miramar Hotel & Investment Co'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.
Miramar Hotel & Investment Co's Enterprise Value Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Miramar Hotel & Investment Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Miramar Hotel & Investment Co's Enterprise Value falls into.
Miramar Hotel & Investment Co 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.
* 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) 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.
Miramar Hotel & Investment Co's EV-to-EBIT for today is
Miramar Hotel & Investment Co's current Enterprise Value is HK$1,382 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Miramar Hotel & Investment Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,130 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Miramar Hotel & Investment Co's EV-to-EBITDA for today is:
Miramar Hotel & Investment Co's current Enterprise Value is HK$1,382 Mil.
For company reported semi-annually or 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.
Miramar Hotel & Investment Co's current Enterprise Value is HK$1,382 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Miramar Hotel & Investment Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,553 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 Enterprise Value Related Terms
Thank you for viewing the detailed overview of Miramar Hotel & Investment Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Miramar Hotel & Investment Co (HKSE:00071) Business Description
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.
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