GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Adams Diversified Equity Fund Inc (NYSE:ADX) » Definitions » Enterprise Value

Adams Diversified Equity Fund (Adams Diversified Equity Fund) Enterprise Value : $2,356.8 Mil (As of May. 02, 2024)


View and export this data going back to . Start your Free Trial

What is Adams Diversified Equity Fund 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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Adams Diversified Equity Fund's Enterprise Value is $2,356.8 Mil. Adams Diversified Equity Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $567.0 Mil. Therefore, Adams Diversified Equity Fund's EV-to-Revenue ratio for today is 4.16.


Adams Diversified Equity Fund Enterprise Value Historical Data

The historical data trend for Adams Diversified Equity 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.

* Premium members only.

Adams Diversified Equity Fund Enterprise Value Chart

Adams Diversified Equity Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial 1,716.54 1,919.02 2,286.73 1,757.13 2,196.28

Adams Diversified Equity Fund Semi-Annual Data
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 2,286.73 1,807.42 1,757.13 2,030.63 2,196.28

Competitive Comparison of Adams Diversified Equity Fund's Enterprise Value

For the Asset Management subindustry, Adams Diversified Equity 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.


Adams Diversified Equity Fund's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Adams Diversified Equity Fund's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Adams Diversified Equity Fund's Enterprise Value falls into.



Adams Diversified Equity 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.

Adams Diversified Equity Fund's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Adams Diversified Equity Fund'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.


Adams Diversified Equity Fund  (NYSE:ADX) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

Adams Diversified Equity Fund's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2356.794/567.046
=4.16

Adams Diversified Equity Fund's current Enterprise Value is $2,356.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Adams Diversified Equity Fund's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $567.0 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.


Adams Diversified Equity Fund Enterprise Value Related Terms

Thank you for viewing the detailed overview of Adams Diversified Equity Fund's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Adams Diversified Equity Fund (Adams Diversified Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Adams Diversified Equity Fund Inc is a diversified investment company. It is an internally-managed closed-end fund. The investment objectives of the company are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation.
Executives
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Jane Musser Nelson director 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Frederic A Escherich director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Mark E. Stoeckle officer: CEO ADAMS FUNDS, 500 EAST PRATT ST., STE. 1300, BALTIMORE MD 21202
Janis F. Kerns officer: Gen Counsel,Corp Sec, CCO ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Lauriann C Kloppenburg director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Craig R Smith director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Kenneth James Dale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Swindell Douglas Cotton officer: E.V.P. ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
James P. Haynie officer: President ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Roger W Gale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Hooper Lawrence L Jr officer: VP, Sec'y & Gen'l Counsel 500 EAST PRATT STREET, STE 1300, BALTIMORE MD 21202
Prue Nancy J F officer: Executive Vice President 775 BRUSHWOOD COURT, MILLERSVILLE MD 21108
Douglas G Ober director, officer: Chairman & CEO 7 ST PAUL STREET, STE 1140, BALTIMORE MD 21202
Gregory Hazlett director C/O ABERDEEN ASSET MANAGEMENT INC, 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103