GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chatham Lodging Trust (NYSE:CLDT) » Definitions » Enterprise Value

Chatham Lodging Trust (Chatham Lodging Trust) Enterprise Value

: $889.2 Mil (As of Today)
View and export this data going back to 2010. 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, Chatham Lodging Trust's Enterprise Value is $889.2 Mil. Chatham Lodging Trust's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $28.4 Mil. Therefore, Chatham Lodging Trust's EV-to-EBIT ratio for today is 31.30.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Chatham Lodging Trust's Enterprise Value is $889.2 Mil. Chatham Lodging Trust's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $86.7 Mil. Therefore, Chatham Lodging Trust's EV-to-EBITDA ratio for today is 10.26.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Chatham Lodging Trust's Enterprise Value is $889.2 Mil. Chatham Lodging Trust's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $311.1 Mil. Therefore, Chatham Lodging Trust's EV-to-Revenue ratio for today is 2.86.


Chatham Lodging Trust Enterprise Value Historical Data

The historical data trend for Chatham Lodging Trust'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.

Chatham Lodging Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,475.88 1,132.90 1,233.65 1,087.74 988.90

Chatham Lodging Trust Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only 1,087.74 1,005.31 937.34 930.38 988.90

Competitive Comparison

For the REIT - Hotel & Motel subindustry, Chatham Lodging Trust'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.


Chatham Lodging Trust Enterprise Value Distribution

For the REITs industry and Real Estate sector, Chatham Lodging Trust's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Chatham Lodging Trust's Enterprise Value falls into.



Chatham Lodging Trust 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.

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

Chatham Lodging Trust'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.


Chatham Lodging Trust  (NYSE:CLDT) 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.

Chatham Lodging Trust's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=889.171/28.406
=31.30

Chatham Lodging Trust's current Enterprise Value is $889.2 Mil.
Chatham Lodging Trust'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 $28.4 Mil.

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

Chatham Lodging Trust's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=889.171/86.66
=10.26

Chatham Lodging Trust's current Enterprise Value is $889.2 Mil.
Chatham Lodging Trust'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 $86.7 Mil.

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

Chatham Lodging Trust's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=889.171/311.108
=2.86

Chatham Lodging Trust's current Enterprise Value is $889.2 Mil.
Chatham Lodging Trust'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 $311.1 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.


Chatham Lodging Trust Enterprise Value Related Terms

Thank you for viewing the detailed overview of Chatham Lodging Trust's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Chatham Lodging Trust (Chatham Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
222 Lakeview Avenue, Suite 200, West Palm Beach, FL, USA, 33401
Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under major brands, including Hilton, Marriott, and Hyatt.
Executives
Ethel Issacs Williams director 222 LAKEVIEW AVE, SUITE 200, WEST PALM BEACH FL 33401
Dennis M Craven officer: EVP & Chief Financial Officer 850 RIDGE LAKE BLVD, STE 300, MEMPHIS TN 38120
Jeffrey H Fisher director, officer: Chairman, President and CEO 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
David Grissen director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Robert D Perlmutter director THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
C Gerald Goldsmith director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Mary Elizabeth Higgins director 3525 E. POST ROAD #120, LAS VEGAS NV 89120
Peter Willis officer: EVP & Chief Investment Officer 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Brewer Edwin B Jr director C/O EDUCATION REALTY TRUST, INC., 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jeremy Bruce Wegner officer: Chief Financial Officer 8000 PORTOFINO CIRCLE, APARTMENT 101, PALM BEACH GARDENS FL 33418
Chatham Lodging Trust officer: Chief Financial Officer 222 LAKEVIEW AVENUE, SUITE 200, WEST PALM BEACH FL 33401
Joel F Zemans director 50 COCOANUT ROW, SUITE 200, PALM BEACH FL 33480
Miles L Berger director
Julio E Morales officer: EVP, Chief Financial Officer 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Thomas J Crocker director 433 PLAZA REAL STE 335, BOCA RATON FL 33432

Chatham Lodging Trust (Chatham Lodging Trust) Headlines