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, Apple Hospitality REIT's Enterprise Value is $5,108 Mil.
Apple Hospitality REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $247 Mil. Therefore, Apple Hospitality REIT's EV-to-EBIT ratio for today is 20.64.
Apple Hospitality REIT Enterprise Value Historical Data
The historical data trend for Apple Hospitality REIT'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 Apple Hospitality REIT's Enterprise Value
For the REIT - Hotel & Motel subindustry, Apple Hospitality REIT'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.
Apple Hospitality REIT's Enterprise Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Apple Hospitality REIT's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Apple Hospitality REIT's Enterprise Value falls into.
Apple Hospitality REIT 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.
Apple Hospitality REIT'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.
Apple Hospitality REIT (NYSE:APLE) 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.
Apple Hospitality REIT's current Enterprise Value is $5,108 Mil.
Apple Hospitality REIT'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 $247 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Apple Hospitality REIT's EV-to-EBITDA for today is:
Apple Hospitality REIT's current Enterprise Value is $5,108 Mil.
Apple Hospitality REIT'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 $431 Mil.
Apple Hospitality REIT's current Enterprise Value is $5,108 Mil.
Apple Hospitality REIT'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 $1,344 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.
Apple Hospitality REIT Enterprise Value Related Terms
Thank you for viewing the detailed overview of Apple Hospitality REIT's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Apple Hospitality REIT (Apple Hospitality REIT) Business Description
Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.
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