GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apartment Investment & Management Co (NYSE:AIV) » Definitions » Enterprise Value

Apartment Investment & Management Co (Apartment Investment & Management Co) Enterprise Value

: $2,267.6 Mil (As of Today)
View and export this data going back to 2020. Start your Free Trial

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, Apartment Investment & Management Co's Enterprise Value is $2,267.6 Mil. Apartment Investment & Management Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-132.3 Mil. Therefore, Apartment Investment & Management Co's EV-to-EBIT ratio for today is -17.13.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Apartment Investment & Management Co's Enterprise Value is $2,267.6 Mil. Apartment Investment & Management Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-63.5 Mil. Therefore, Apartment Investment & Management Co's EV-to-EBITDA ratio for today is -35.71.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Apartment Investment & Management Co's Enterprise Value is $2,267.6 Mil. Apartment Investment & Management Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $187.0 Mil. Therefore, Apartment Investment & Management Co's EV-to-Revenue ratio for today is 12.13.


Apartment Investment & Management Co Enterprise Value Historical Data

The historical data trend for Apartment Investment & Management Co'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.

Apartment Investment & Management Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only - 1,629.78 2,634.61 2,243.95 2,486.51

Apartment Investment & Management Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 Premium Member Only 2,243.95 2,391.97 2,487.10 2,354.35 2,486.51

Competitive Comparison

For the REIT - Residential subindustry, Apartment Investment & Management Co'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.


Apartment Investment & Management Co Enterprise Value Distribution

For the REITs industry and Real Estate sector, Apartment Investment & Management Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Apartment Investment & Management Co's Enterprise Value falls into.



Apartment Investment & Management Co 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.

Apartment Investment & Management Co's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Apartment Investment & Management Co'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.


Apartment Investment & Management Co  (NYSE:AIV) 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.

Apartment Investment & Management Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2267.576/-132.336
=-17.13

Apartment Investment & Management Co's current Enterprise Value is $2,267.6 Mil.
Apartment Investment & Management Co'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 $-132.3 Mil.

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

Apartment Investment & Management Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2267.576/-63.502
=-35.71

Apartment Investment & Management Co's current Enterprise Value is $2,267.6 Mil.
Apartment Investment & Management Co'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 $-63.5 Mil.

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

Apartment Investment & Management Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2267.576/186.995
=12.13

Apartment Investment & Management Co's current Enterprise Value is $2,267.6 Mil.
Apartment Investment & Management Co'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 $187.0 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.


Apartment Investment & Management Co Enterprise Value Related Terms

Thank you for viewing the detailed overview of Apartment Investment & Management Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Apartment Investment & Management Co (Apartment Investment & Management Co) Business Description

Traded in Other Exchanges
N/A
Address
4582 South Ulster Street, Suite 1450, Denver, CO, USA, 80237
Apartment Investment & Management Co is a self-managed real estate investment trust. It is focused on property development, redevelopment and various other value-creating investment strategies, targeting the U.S multifamily market. Its operating segments are Development and Redevelopment; Operating, and Other. The company generates majority of revenue from operating segment.
Executives
Sherry L Rexroad director 2 BAYBERRY CIRCLE, AMBLER PA 19002
Kellie Dreyer officer: Senior Vice President and CAO 4582 S. ULSTER ST. SUITE 1450, DENVER CO 80237
James Patrick Sullivan director 34 SOUTH PEAK, LAGUNA NIGUEL CA 92677
Jay P Leupp director 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Michael A Stein director 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Kirk Sykes director C/O ARES COMMERCIAL REAL ESTATE CORP., 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Robert A. Miller director 6649 WESTWOOD BLVD, SUITE 500, ORLANDO FL 32821
R Dary Stone director 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Quincy Allen director 4582 S. ULSTER STREET, SUITE 1700, DENVER CO 80237
Deborah Smith director 4582 S. ULSTER STREET, SUITE 1450, DENVER CO 80237
Terry Considine director 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Jennifer Johnson officer: EVP CAO and General Counsel 4582 S. ULSTER STREET, STE 1400, DENVER CO 80237
Wesley William Powell director, officer: President and CEO 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Lynn Stanfield officer: EVP and CFO 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237

Apartment Investment & Management Co (Apartment Investment & Management Co) Headlines

From GuruFocus

Aimco Announces Fourth Quarter 2022 Earnings Date

By Business Wire Business Wire 02-15-2023

Aimco Appoints Sherry L. Rexroad to Board of Directors

By Business Wire Business Wire 03-27-2023

Land & Buildings Issues Letter to Aimco Board Calling for Sale Process

By Business Wire Business Wire 04-18-2023

Aimco Expands Its Commitment to Governance Enhancements

By Business Wire Business Wire 11-28-2022