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China Merchants Land (HKSE:00978) Enterprise Value : HK$30,969 Mil (As of May. 28, 2024)


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What is China Merchants Land 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, China Merchants Land's Enterprise Value is HK$30,969 Mil. China Merchants Land's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,753 Mil. Therefore, China Merchants Land's EV-to-EBIT ratio for today is 8.25.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, China Merchants Land's Enterprise Value is HK$30,969 Mil. China Merchants Land's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,753 Mil. Therefore, China Merchants Land's EV-to-EBITDA ratio for today is 8.25.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, China Merchants Land's Enterprise Value is HK$30,969 Mil. China Merchants Land's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$31,502 Mil. Therefore, China Merchants Land's EV-to-Revenue ratio for today is 0.98.


China Merchants Land Enterprise Value Historical Data

The historical data trend for China Merchants Land'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.

China Merchants Land Enterprise Value Chart

China Merchants Land 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 42,264.98 43,505.44 60,756.42 54,414.92 58,343.71

China Merchants Land Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 60,756.42 60,342.92 54,414.92 55,550.18 58,343.71

Competitive Comparison of China Merchants Land's Enterprise Value

For the Real Estate - Diversified subindustry, China Merchants Land'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.


China Merchants Land's Enterprise Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Merchants Land's Enterprise Value distribution charts can be found below:

* The bar in red indicates where China Merchants Land's Enterprise Value falls into.



China Merchants Land 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.

China Merchants Land's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

China Merchants Land's Enterprise Value for the quarter that ended in Dec. 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.


China Merchants Land  (HKSE:00978) 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.

China Merchants Land's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=30969.329/3753.262
=8.25

China Merchants Land's current Enterprise Value is HK$30,969 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Land's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,753 Mil.

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

China Merchants Land's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=30969.329/3753.262
=8.25

China Merchants Land's current Enterprise Value is HK$30,969 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Land's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$3,753 Mil.

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

China Merchants Land's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=30969.329/31501.772
=0.98

China Merchants Land's current Enterprise Value is HK$30,969 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. China Merchants Land's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$31,502 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.


China Merchants Land Enterprise Value Related Terms

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China Merchants Land (HKSE:00978) Business Description

Traded in Other Exchanges
Address
Nos. 168-200 Connaught Road, Room 2603 to 2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Central, Hong Kong, HKG
China Merchants Land Ltd is an investment holding company that operates through two segments. The properties segment, which generates almost all the company's sales, is engaged in real estate development and leasing, and the Asset Management segment. Asset management segment includes office premises and shopping malls. The company operates primarily in Mainland China.
Executives
China Merchants Group Co., Ltd. 2201 Interest of corporation controlled by you
China Merchants Shekou Industrial Zone Holdings Company Limited 2201 Interest of corporation controlled by you

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