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Vector Group (Vector Group) Enterprise Value : $2,633 Mil (As of Apr. 27, 2024)


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What is Vector Group 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. As of today, Vector Group's Enterprise Value is $2,633 Mil. Vector Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $357 Mil. Therefore, Vector Group's EV-to-EBIT ratio for today is 7.37.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vector Group's Enterprise Value is $2,633 Mil. Vector Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $364 Mil. Therefore, Vector Group's EV-to-EBITDA ratio for today is 7.23.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vector Group's Enterprise Value is $2,633 Mil. Vector Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,424 Mil. Therefore, Vector Group's EV-to-Revenue ratio for today is 1.85.


Vector Group Enterprise Value Historical Data

The historical data trend for Vector Group'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.

Vector Group Enterprise Value Chart

Vector Group 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 2,686.31 2,266.99 2,838.71 2,916.74 2,763.60

Vector Group 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 2,916.74 2,879.49 2,945.31 2,488.42 2,763.60

Competitive Comparison of Vector Group's Enterprise Value

For the Tobacco subindustry, Vector Group'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.


Vector Group's Enterprise Value Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Vector Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Vector Group's Enterprise Value falls into.



Vector Group 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.

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

Vector Group'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.


Vector Group  (NYSE:VGR) 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.

Vector Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2633.033/357.069
=7.37

Vector Group's current Enterprise Value is $2,633 Mil.
Vector Group'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 $357 Mil.

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

Vector Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2633.033/364.01
=7.23

Vector Group's current Enterprise Value is $2,633 Mil.
Vector Group'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 $364 Mil.

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

Vector Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2633.033/1424.268
=1.85

Vector Group's current Enterprise Value is $2,633 Mil.
Vector Group'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 $1,424 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.


Vector Group Enterprise Value Related Terms

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Vector Group (Vector Group) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137
Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley-- primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.
Executives
Bennett S Lebow director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Kirkland J Bryant Iii officer: VP, Treasurer & CFO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen officer: EVP 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Ronald J Bernstein director, officer: President Subsidiary 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Paul V Carlucci director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Wilson White director C/O VECTOR GROUP LTD, 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI FL 33137
James D Ballard officer: See Remarks 4400 BISCAYNE BLVD., TENTH FLOOR, MIAMI FL 33137
Nicholas P Anson officer: President Subsidiary C/0 LIGGETT VECTOR BRANDS LLC, 3800 PARAMOUNT PARKWAY, MORRISVILLE NC 27560
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Howard M Lorber director, officer: President and CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Barry Watkins director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Jeffrey Podell director 7338 FLORANADA WAY, DELRAY BEACH FL 33446
Henry C Beinstein director 8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Stanley Samuel Arkin director 750 LEXINGTON AVENUE, FLOOR 25, NEW YORK NY 10022
Jean E Sharpe director

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