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, Meritage Homes's Enterprise Value is $5,759 Mil.
Meritage Homes's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $949 Mil. Therefore, Meritage Homes's EV-to-EBIT ratio for today is 6.07.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Meritage Homes's Enterprise Value is $5,759 Mil.
Meritage Homes's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $975 Mil. Therefore, Meritage Homes's EV-to-EBITDA ratio for today is 5.91.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Meritage Homes's Enterprise Value is $5,759 Mil.
Meritage Homes's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $6,138 Mil. Therefore, Meritage Homes's EV-to-Revenue ratio for today is 0.94.
Meritage Homes Enterprise Value Historical Data
The historical data trend for Meritage Homes'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 Meritage Homes's Enterprise Value
For the Residential Construction subindustry, Meritage Homes'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.
Meritage Homes's Enterprise Value Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Meritage Homes's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Meritage Homes's Enterprise Value falls into.
Meritage Homes 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.
Meritage Homes'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.
Meritage Homes (NYSE:MTH) 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.
Meritage Homes's current Enterprise Value is $5,759 Mil.
Meritage Homes'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 $949 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Meritage Homes's current Enterprise Value is $5,759 Mil.
Meritage Homes'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.
Meritage Homes's current Enterprise Value is $5,759 Mil.
Meritage Homes'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 $6,138 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.
Meritage Homes Enterprise Value Related Terms
Thank you for viewing the detailed overview of Meritage Homes's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Meritage Homes (Meritage Homes) Business Description
Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, which are comprised of ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments; homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services and the financial services segment offer title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.
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