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iHeartMedia (iHeartMedia) Enterprise Value : $6,000 Mil (As of Apr. 28, 2024)


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What is iHeartMedia 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, iHeartMedia's Enterprise Value is $6,000 Mil. iHeartMedia's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $171 Mil. Therefore, iHeartMedia's EV-to-EBIT ratio for today is 35.09.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, iHeartMedia's Enterprise Value is $6,000 Mil. iHeartMedia's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $599 Mil. Therefore, iHeartMedia's EV-to-EBITDA ratio for today is 10.01.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, iHeartMedia's Enterprise Value is $6,000 Mil. iHeartMedia's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,751 Mil. Therefore, iHeartMedia's EV-to-Revenue ratio for today is 1.60.


iHeartMedia Enterprise Value Historical Data

The historical data trend for iHeartMedia'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.

iHeartMedia Enterprise Value Chart

iHeartMedia 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 7,341.31 7,075.16 9,214.94 6,884.60 6,101.07

iHeartMedia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 6,884.60 6,683.00 6,525.85 6,328.79 6,101.07

Competitive Comparison of iHeartMedia's Enterprise Value

For the Broadcasting subindustry, iHeartMedia'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.


iHeartMedia's Enterprise Value Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, iHeartMedia's Enterprise Value distribution charts can be found below:

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



iHeartMedia 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.

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

iHeartMedia'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.


iHeartMedia  (NAS:IHRT) 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.

iHeartMedia's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5999.995/170.976
=35.09

iHeartMedia's current Enterprise Value is $6,000 Mil.
iHeartMedia's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $171 Mil.

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

iHeartMedia's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5999.995/599.459
=10.01

iHeartMedia's current Enterprise Value is $6,000 Mil.
iHeartMedia's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $599 Mil.

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

iHeartMedia's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5999.995/3751.025
=1.60

iHeartMedia's current Enterprise Value is $6,000 Mil.
iHeartMedia's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,751 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.


iHeartMedia Enterprise Value Related Terms

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iHeartMedia (iHeartMedia) Business Description

Traded in Other Exchanges
Address
20880 Stone Oak Parkway, San Antonio, TX, USA, 78258
iHeartMedia Inc is a us-based diversified media and entertainment company. It operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.
Executives
Robert W Pittman director, officer: Chief Executive Officer C/O CENDANT, 9 WEST 57TH ST, NEW YORK NY 10019
Scott D Hamilton officer: See Remarks 200 EAST BASSE ROAD, SAN ANTONIO TX 78209
Michael B Mcguinness officer: EVP-Finance & Deputy CFO C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Richard J Bressler director, officer: President, COO and CFO 1515 BROADWAY, NEW YORK NY 10036
James A Rasulo director 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Global Media & Entertainment Investments Ltd 10 percent owner C/O RHONE, BLDG. 2, WESTERN BUS. CNTR., MT. PLEASANT VLG., WESTERN RD, SP63131, NASSAU C5 00000
Simon Groom 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Global Media & Entertainment Investments Trust 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Michael Tabor 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
James W. Hill 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Samuel Eli Englebardt director C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Silver Point Capital L.p. 10 percent owner TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Edward A Mule director, 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Robert J O'shea director, 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Jordan Fasbender officer: SEE BELOW C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258

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