What is Fortune Real Estate Investment Trust 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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Fortune Real Estate Investment Trust Enterprise Value Chart
Competitive Comparison of Fortune Real Estate Investment Trust's Enterprise Value
For the REIT - Retail subindustry, Fortune Real Estate Investment Trust'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.
Fortune Real Estate Investment Trust's Enterprise Value Distribution in the REITs Industry
* The bar in red indicates where Fortune Real Estate Investment Trust's Enterprise Value falls into.
Fortune Real Estate Investment Trust 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.
Fortune Real Estate Investment Trust (HKSE:00778) 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.
Fortune Real Estate Investment Trust's EV-to-EBIT for today is
Fortune Real Estate Investment Trust's current Enterprise Value is HK$17,758 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fortune Real Estate Investment Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$507 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Fortune Real Estate Investment Trust's EV-to-EBITDA for today is:
Fortune Real Estate Investment Trust's current Enterprise Value is HK$17,758 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fortune Real Estate Investment Trust's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$507 Mil.
Fortune Real Estate Investment Trust's current Enterprise Value is HK$17,758 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fortune Real Estate Investment Trust's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,786 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.
Fortune Real Estate Investment Trust Enterprise Value Related Terms
Thank you for viewing the detailed overview of Fortune Real Estate Investment Trust's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Fortune Real Estate Investment Trust (HKSE:00778) Business Description
Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.
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