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, Lamar Advertising Co's Enterprise Value is $16,249 Mil.
Lamar Advertising Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $681 Mil. Therefore, Lamar Advertising Co's EV-to-EBIT ratio for today is 23.86.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Lamar Advertising Co's Enterprise Value is $16,249 Mil.
Lamar Advertising Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $975 Mil. Therefore, Lamar Advertising Co's EV-to-EBITDA ratio for today is 16.67.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Lamar Advertising Co's Enterprise Value is $16,249 Mil.
Lamar Advertising Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,111 Mil. Therefore, Lamar Advertising Co's EV-to-Revenue ratio for today is 7.70.
Lamar Advertising Co Enterprise Value Historical Data
The historical data trend for Lamar Advertising 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.
Competitive Comparison of Lamar Advertising Co's Enterprise Value
For the REIT - Specialty subindustry, Lamar Advertising 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.
Lamar Advertising Co's Enterprise Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Lamar Advertising Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Lamar Advertising Co's Enterprise Value falls into.
Lamar Advertising 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.
Lamar Advertising Co'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.
Lamar Advertising Co (NAS:LAMR) 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.
Lamar Advertising Co's current Enterprise Value is $16,249 Mil.
Lamar Advertising 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 $681 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Lamar Advertising Co's current Enterprise Value is $16,249 Mil.
Lamar Advertising 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 $975 Mil.
Lamar Advertising Co's current Enterprise Value is $16,249 Mil.
Lamar Advertising 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 $2,111 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.
Lamar Advertising Co Enterprise Value Related Terms
Thank you for viewing the detailed overview of Lamar Advertising Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Lamar Advertising Co (Lamar Advertising Co) Business Description
Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.
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