What is Polar Capital Global Financials Trust 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.
* 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.
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Polar Capital Global Financials Trust Enterprise Value Chart
Competitive Comparison of Polar Capital Global Financials Trust's Enterprise Value
For the Asset Management subindustry, Polar Capital Global Financials 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.
Polar Capital Global Financials Trust's Enterprise Value Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Polar Capital Global Financials Trust's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Polar Capital Global Financials Trust's Enterprise Value falls into.
Polar Capital Global Financials 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.
* 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.
Polar Capital Global Financials Trust (CHIX:PCFTl) 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.
Polar Capital Global Financials Trust's current Enterprise Value is £668.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Polar Capital Global Financials Trust's Revenue for the trailing twelve months (TTM) ended in Nov. 2024 was £167.2 Mil.
Polar Capital Global Financials Trust's current Enterprise Value is £668.0 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Polar Capital Global Financials Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2024 was £4.3 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.
Polar Capital Global Financials Trust Enterprise Value Related Terms
Thank you for viewing the detailed overview of Polar Capital Global Financials Trust's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Polar Capital Global Financials Trust Business Description
Polar Capital Global Financials Trust PLC is an asset management firm based in the United Kingdom. Its core objective is to provide its investors with a growing dividend income with capital appreciation. To achieve this, the company invests in listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property and other subsectors. Its portfolio entails equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options, and other instruments, including derivatives. It has a diversified portfolio of investments in different geographical regions such as North America, Europe, Asia, the United Kingdom, Latin America, Japan and East Europe.
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