GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Elme Communities (NYSE:ELME) » Definitions » Enterprise Value

Elme Communities (Elme Communities) Enterprise Value : $2,008.4 Mil (As of May. 02, 2024)


View and export this data going back to 1972. Start your Free Trial

What is Elme Communities 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, Elme Communities's Enterprise Value is $2,008.4 Mil. Elme Communities's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-19.9 Mil. Therefore, Elme Communities's EV-to-EBIT ratio for today is -100.98.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Elme Communities's Enterprise Value is $2,008.4 Mil. Elme Communities's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $72.5 Mil. Therefore, Elme Communities's EV-to-EBITDA ratio for today is 27.71.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Elme Communities's Enterprise Value is $2,008.4 Mil. Elme Communities's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $231.6 Mil. Therefore, Elme Communities's EV-to-Revenue ratio for today is 8.67.


Elme Communities Enterprise Value Historical Data

The historical data trend for Elme Communities'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.

Elme Communities Enterprise Value Chart

Elme Communities 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 3,482.84 2,805.76 2,493.50 2,102.37 1,956.51

Elme Communities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,116.50 1,984.27 1,861.39 1,956.51 -

Competitive Comparison of Elme Communities's Enterprise Value

For the REIT - Residential subindustry, Elme Communities'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.


Elme Communities's Enterprise Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Elme Communities's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Elme Communities's Enterprise Value falls into.



Elme Communities 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.

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

Elme Communities'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.


Elme Communities  (NYSE:ELME) 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.

Elme Communities's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2008.366/-19.889
=-100.98

Elme Communities's current Enterprise Value is $2,008.4 Mil.
Elme Communities'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 $-19.9 Mil.

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

Elme Communities's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2008.366/72.468
=27.71

Elme Communities's current Enterprise Value is $2,008.4 Mil.
Elme Communities'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 $72.5 Mil.

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

Elme Communities's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2008.366/231.615
=8.67

Elme Communities's current Enterprise Value is $2,008.4 Mil.
Elme Communities'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 $231.6 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.


Elme Communities Enterprise Value Related Terms

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


Elme Communities (Elme Communities) Business Description

Traded in Other Exchanges
Address
1775 Eye Street North West, Suite 1000, Washington, DC, USA, 20006
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located primarily near major transportation nodes. Washington REIT derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Washington REIT's largest tenants are banking, consulting, law, and financial services firms.
Executives
Susan Carras director 345 PARK AVENUE, NEW YORK NY 10154
Tiffany Michelle Butcher officer: EVP & COO 1775 EYE STREET NW, SUITE 1000, WASHINGTON DC 20006
Steven Freishtat officer: EVP & CFO 1775 EYE STREET NW, SUITE 1000, WASHINGTON DC 20006
Jennifer S Banner director 214N TRYON STREET, CHARLOTTE NC 28202
Susan Lilly Gerock officer: SVP & CIO 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Ellen M. Goitia director 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Taryn D. Fielder officer: SVP, GC & Corporate Secretary 1775 EYE STREET, N.W., SUITE 1000, WASHINGTON DC 20006
Murn Edward J. Iv officer: Managing Director, Residential 6110 EXECUTIVE BOULEVARD, SUITE 800, ROCKVILLE MD 20852
Wade Drew Hammond officer: VP & CAO elect & Controller 1775 EYE ST., NW, SUITE 1000, WASHINGTON DC 20006
John P Mcdaniel other: Trustee C/O MEDIFAST, INC., 3600 CRONDALL LANE, OWINGS MILLS MD 21117
Stephen Edward Riffe officer: E.V.P. & CFO-elect 1775 EYE STREET, NW, SUITE 1000, WASHINGTON DC 20006
Nolan Thomas H Jr director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Laura M Franklin officer: S.V.P. & Corp. Sec. CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Thomas L Regnell officer: Mnging. Dir. - Acquisitions
Benjamin S Butcher director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110