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Million Cities Holdings (HKSE:02892) Enterprise Value : HK$13.4 Mil (As of May. 27, 2024)


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What is Million Cities Holdings 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, Million Cities Holdings's Enterprise Value is HK$13.4 Mil. Million Cities Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-568.6 Mil. Therefore, Million Cities Holdings's EV-to-EBIT ratio for today is -0.02.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Million Cities Holdings's Enterprise Value is HK$13.4 Mil. Million Cities Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-568.6 Mil. Therefore, Million Cities Holdings's EV-to-EBITDA ratio for today is -0.02.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Million Cities Holdings's Enterprise Value is HK$13.4 Mil. Million Cities Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$701.8 Mil. Therefore, Million Cities Holdings's EV-to-Revenue ratio for today is 0.02.


Million Cities Holdings Enterprise Value Historical Data

The historical data trend for Million Cities Holdings'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.

Million Cities Holdings Enterprise Value Chart

Million Cities Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 447.64 1,113.21 1,004.77 761.80 82.57

Million Cities Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1,004.77 866.84 761.80 343.32 82.57

Competitive Comparison of Million Cities Holdings's Enterprise Value

For the Real Estate - Development subindustry, Million Cities Holdings'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.


Million Cities Holdings's Enterprise Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Million Cities Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Million Cities Holdings's Enterprise Value falls into.



Million Cities Holdings 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.

Million Cities Holdings's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Million Cities Holdings'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.


Million Cities Holdings  (HKSE:02892) 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.

Million Cities Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13.401/-568.637
=-0.02

Million Cities Holdings's current Enterprise Value is HK$13.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Million Cities Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-568.6 Mil.

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

Million Cities Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=13.401/-568.637
=-0.02

Million Cities Holdings's current Enterprise Value is HK$13.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Million Cities Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-568.6 Mil.

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

Million Cities Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=13.401/701.806
=0.02

Million Cities Holdings's current Enterprise Value is HK$13.4 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Million Cities Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was HK$701.8 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.


Million Cities Holdings Enterprise Value Related Terms

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Million Cities Holdings (HKSE:02892) Business Description

Traded in Other Exchanges
N/A
Address
57 Ting Kok Road, Unit D, 21st Floor, Block 1, Tai Ping Industrial Centre, Tai Po New Territories, Hong Kong, HKG
Million Cities Holdings Ltd is an investment holding company engaged in property development. The company generates revenues from the sale of properties and gross rentals from properties. It derives all of its revenues from China.
Executives
East Asia International Trustees Limited 2301 Trustee
Fortune Speed Investments Ltd. 2101 Beneficial owner
Happy Family Assets Limited 2201 Interest of corporation controlled by you
Winnermax Management Limited 2201 Interest of corporation controlled by you
Wang Kam Chu 2202 Interest of your spouse
Wong Ting Chung 2305 Beneficiary of a trust
Tsoi Suet Ngai 2202 Interest of your spouse
Wong Ting Chun 2305 Beneficiary of a trust
Chan Ka Wai 2202 Interest of your spouse
Wong Ting Kau 2305 Beneficiary of a trust
Lau Ka Keung 2202 Interest of your spouse
Wong Wai Ling 2305 Beneficiary of a trust

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