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, Nippon Building Fund's Enterprise Value is 円1,594,211 Mil.
Nippon Building Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円41,310 Mil. Therefore, Nippon Building Fund's EV-to-EBIT ratio for today is 38.59.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Nippon Building Fund's Enterprise Value is 円1,594,211 Mil.
Nippon Building Fund's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was 円57,157 Mil. Therefore, Nippon Building Fund's EV-to-EBITDA ratio for today is 27.89.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nippon Building Fund's Enterprise Value is 円1,594,211 Mil.
Nippon Building Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was 円94,378 Mil. Therefore, Nippon Building Fund's EV-to-Revenue ratio for today is 16.89.
Nippon Building Fund Enterprise Value Historical Data
The historical data trend for Nippon Building Fund'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.
Competitive Comparison of Nippon Building Fund's Enterprise Value
For the REIT - Office subindustry, Nippon Building Fund'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.
Nippon Building Fund's Enterprise Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Nippon Building Fund's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Nippon Building Fund's Enterprise Value falls into.
Nippon Building Fund 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.
Nippon Building Fund's Enterprise Value for the fiscal year 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.
Nippon Building Fund (TSE:8951) 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.
Nippon Building Fund's current Enterprise Value is 円1,594,211 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nippon Building Fund's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円41,310 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Nippon Building Fund's current Enterprise Value is 円1,594,211 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nippon Building Fund's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was 円57,157 Mil.
Nippon Building Fund's current Enterprise Value is 円1,594,211 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Nippon Building Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was 円94,378 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.
Nippon Building Fund Enterprise Value Related Terms
Thank you for viewing the detailed overview of Nippon Building Fund's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Building Fund (TSE:8951) Business Description
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio is primarily comprised of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's largest customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
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