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Heritage Financial (Heritage Financial) Enterprise Value : $416.7 Mil (As of Apr. 28, 2024)


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What is Heritage Financial 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, Heritage Financial's Enterprise Value is $416.7 Mil. Heritage Financial's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $243.8 Mil. Therefore, Heritage Financial's EV-to-Revenue ratio for today is 1.71.


Heritage Financial Enterprise Value Historical Data

The historical data trend for Heritage Financial'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.

Heritage Financial Enterprise Value Chart

Heritage Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 828.34 117.55 -844.13 993.55 543.44

Heritage Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial 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 993.55 854.48 929.96 820.43 543.44

Competitive Comparison of Heritage Financial's Enterprise Value

For the Banks - Regional subindustry, Heritage Financial'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.


Heritage Financial's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Heritage Financial's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Heritage Financial's Enterprise Value falls into.



Heritage Financial 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.

Heritage Financial's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Heritage Financial'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.


Heritage Financial  (NAS:HFWA) 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.

Heritage Financial's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=416.699/243.818
=1.71

Heritage Financial's current Enterprise Value is $416.7 Mil.
Heritage Financial'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 $243.8 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.


Heritage Financial Enterprise Value Related Terms

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


Heritage Financial (Heritage Financial) Business Description

Traded in Other Exchanges
N/A
Address
201 Fifth Avenue SW, Olympia, WA, USA, 98501
Heritage Financial Corp is a bank holding company. The company through its subsidiary provides commercial lending and deposit relationships with small businesses and their owners in its market areas and attracts deposits from the general public. It accepts various deposit products, such as noninterest demand accounts, money market accounts, savings accounts, and certificates of deposit. Besides, the Bank also makes real estate construction loans, land development loans, and consumer loans, and originates first mortgage loans on residential properties primarily located in its market area. Geographically, all the business activity functions through the region of the United States.
Executives
Frederick B Rivera director 201 5TH AVE SW, OLYMPIA WA 98501
Brian Charneski director P O BOX 1578, OLYMPIA WA 98507
Jeffrey S Lyon director 2542 N VISTA VIEW DRIVE, TACOMA WA 98406
Matthew T. Ray officer: EVP Chief Lending Officer 201 5TH AVE SW, OLYMPIA WA 98501
Eric Kayen Chan director 201 5TH AVE SW, OLYMPIA WA 98501
Amy E. Curran officer: EVP Director Commercial Lend 201 5TH AVE SW, OLYMPIA WA 98501
Kelli Ann Wilson officer: EVP Chief Banking Officer 201 5TH AVE SW, OLYMPIA WA 98501
Cindy M Huntley officer: SVP Director of Retail Banking 201 5TH AVE SW, OLYMPIA WA 98507
Brian L Vance director, officer: President and CEO 2204 57TH WAY NW, OLYMPIA WA 98502
John A Clees director 4342 SUNSET BEACH DRIVE NW, OLYMPIA WA 98502
Tony Chalfant officer: EVP Chief Credit Officer 201 5TH ST SW, OLYMPIA WA 98501
Gail B. Giacobbe director 201 5TH AVE SW, OLYMPIA WA 98501
Trevor D. Dryer director 201 5TH AVE SW, OLYMPIA WA 98501
Gragg E Miller director 450 SW BAYSHORE DRIVE, OAK HARBOR WA 98277
Jeffrey J Deuel officer: Executive Vice President 201 5TH AVENUE SW, OLYMPIA WA 90501