John Hancock Tax-advantaged Div Fd (John Hancock Tax-advantaged Div Fd) Enterprise Value : $691.63 Mil (As of Apr. 30, 2024)

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

What is John Hancock Tax-advantaged Div Fd 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, John Hancock Tax-advantaged Div Fd's Enterprise Value is $691.63 Mil. John Hancock Tax-advantaged Div Fd's Revenue for the trailing twelve months (TTM) ended in Oct. 2023 was $-69.81 Mil. Therefore, John Hancock Tax-advantaged Div Fd's EV-to-Revenue ratio for today is -9.91.

John Hancock Tax-advantaged Div Fd Enterprise Value Historical Data

The historical data trend for John Hancock Tax-advantaged Div Fd'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.

John Hancock Tax-advantaged Div Fd Enterprise Value Chart

John Hancock Tax-advantaged Div Fd Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Enterprise Value

Get a 7-Day Free Trial

971.07

672.26

868.59

806.12

583.92

John Hancock Tax-advantaged Div Fd Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Enterprise Value	Get a 7-Day Free Trial								868.59	884.75	806.12	762.49	583.92

Competitive Comparison of John Hancock Tax-advantaged Div Fd's Enterprise Value

For the Asset Management subindustry, John Hancock Tax-advantaged Div Fd'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.

John Hancock Tax-advantaged Div Fd's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Tax-advantaged Div Fd's Enterprise Value distribution charts can be found below:

* The bar in red indicates where John Hancock Tax-advantaged Div Fd's Enterprise Value falls into.

John Hancock Tax-advantaged Div Fd 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.

John Hancock Tax-advantaged Div Fd's Enterprise Value for the fiscal year that ended in Oct. 2023 is calculated as

	Enterprise Value (A: Oct. 2023 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	583.916064	+	0	+	0
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Balance Sheet Cash And Cash Equivalents
+	0	+	0	-	0
=	583.92

John Hancock Tax-advantaged Div Fd's Enterprise Value for the quarter that ended in Oct. 2023 is calculated as

	Enterprise Value (Q: Oct. 2023 )
=	Market Cap	+	Preferred Stock	+	Long-Term Debt & Capital Lease Obligation
=	583.916064	+	0	+	0
+	Short-Term Debt & Capital Lease Obligation	+	Minority Interest	-	Balance Sheet Cash And Cash Equivalents
+	0	+	0	-	0
=	583.92

John Hancock Tax-advantaged Div Fd (NYSE:HTD) 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.

John Hancock Tax-advantaged Div Fd's EV-to-Revenue for today is:

EV-to-Revenue	=	Enterprise Value (Today)	/	Revenue (TTM)
	=	691.628	/	-69.807
	=	-9.91

John Hancock Tax-advantaged Div Fd's current Enterprise Value is $691.63 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. John Hancock Tax-advantaged Div Fd's Revenue for the trailing twelve months (TTM) ended in Oct. 2023 was $-69.81 Mil.

John Hancock Tax-advantaged Div Fd Enterprise Value Related Terms

Thank you for viewing the detailed overview of John Hancock Tax-advantaged Div Fd's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.

John Hancock Tax-advantaged Div Fd (John Hancock Tax-advantaged Div Fd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » John Hancock Tax-advantaged Div Inc Fd (NYSE:HTD) » Definitions » Enterprise Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Berkeley Street, Boston, MA, USA, 02116

Website

https://www.jhinvestments.com

John Hancock Tax-advantaged Div Inc Fd is a closed-end, diversified management investment company. Its investment objective is to provide a high after-tax total return from dividend income and capital appreciation. The fund's portfolio composition consists of common stocks, preferred securities, corporate bonds, and short-term investments. Its sector composition comprises utilities, financials, energy, telecommunication services, industrials, healthcare, real estate, consumer discretionary and short-term investments.

Executives

Dean Garfield	director	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison	director	TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Andy Mcfetridge	officer: Director of the Adviser	200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg	officer: President & CEO of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
York Lo	officer: Vice President, Investments	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Kathryn Hayes	other: Filer and Employee of the Fund	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga	director	C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz	director	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott	officer: VP of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons	officer: VP of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Frances G Rathke	other: Trustee of the Fund	C/O GREEN MOUNTAIN COFFEE ROASTERS, INC., 33 COFFEE LANE, WATERBURY VT 05676
Brian Macphee	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 164 CORPORATE DRIVE, PORTSMOUTH NH 03801
Sean Speer	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 197 CLARENDON STREET, BOSTON MA 02116
Michael Tassinari	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Christopher Pompilio	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116