GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Houlihan Lokey Inc (NYSE:HLI) » Definitions » Enterprise Value

Houlihan Lokey (Houlihan Lokey) Enterprise Value : $8,701 Mil (As of Apr. 30, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Houlihan Lokey 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, Houlihan Lokey's Enterprise Value is $8,701 Mil. Houlihan Lokey's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $351 Mil. Therefore, Houlihan Lokey's EV-to-EBIT ratio for today is 24.81.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Houlihan Lokey's Enterprise Value is $8,701 Mil. Houlihan Lokey's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $377 Mil. Therefore, Houlihan Lokey's EV-to-EBITDA ratio for today is 23.06.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Houlihan Lokey's Enterprise Value is $8,701 Mil. Houlihan Lokey's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,839 Mil. Therefore, Houlihan Lokey's EV-to-Revenue ratio for today is 4.73.


Houlihan Lokey Enterprise Value Historical Data

The historical data trend for Houlihan Lokey'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.

Houlihan Lokey Enterprise Value Chart

Houlihan Lokey Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,721.43 3,088.32 3,864.27 5,290.71 5,663.63

Houlihan Lokey 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 5,715.79 5,663.63 6,784.13 7,312.16 8,150.08

Competitive Comparison of Houlihan Lokey's Enterprise Value

For the Capital Markets subindustry, Houlihan Lokey'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.


Houlihan Lokey's Enterprise Value Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Houlihan Lokey's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Houlihan Lokey's Enterprise Value falls into.



Houlihan Lokey 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.

Houlihan Lokey's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Houlihan Lokey'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.


Houlihan Lokey  (NYSE:HLI) 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.

Houlihan Lokey's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8701.354/350.788
=24.81

Houlihan Lokey's current Enterprise Value is $8,701 Mil.
Houlihan Lokey'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 $351 Mil.

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

Houlihan Lokey's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=8701.354/377.41
=23.06

Houlihan Lokey's current Enterprise Value is $8,701 Mil.
Houlihan Lokey'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 $377 Mil.

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

Houlihan Lokey's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=8701.354/1838.715
=4.73

Houlihan Lokey's current Enterprise Value is $8,701 Mil.
Houlihan Lokey'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 $1,839 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.


Houlihan Lokey Enterprise Value Related Terms

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


Houlihan Lokey (Houlihan Lokey) Business Description

Traded in Other Exchanges
Address
10250 Constellation Boulevard, 5th Floor, Los Angeles, CA, USA, 90067
Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.
Executives
Irwin Gold director, 10 percent owner, officer: EXECUTIVE CHAIRMAN
Christopher M Crain officer: GENERAL COUNSEL C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FL, LOS ANGELES CA 90067
J Lindsey Alley officer: CHIEF FINANCIAL OFFICER C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FL, LOS ANGELES CA 90067
Scott L Beiser director, officer: CHIEF EXECUTIVE OFFICER C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FL, LOS ANGELES CA 90067
Robert A Schriesheim director 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Todd J Carter director 700 CANAL STREET, THIRD FLOOR, STAMFORD CT 06902
Paul Andrew Zuber director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Scott Joseph Adelson director, officer: CO-PRESIDENT 1930 CENTURY PARK WEST, LOS ANGELES CA 90067
Ekpedeme M Bassey director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Cyrus D. Walker director C/O MARIPOSA CAPITAL, LLC, 500 SOUTH POINTE DRIVE, SUITE 240, MIAMI BEACH FL 33139
David A Preiser director, officer: CO-PRESIDENT
Gillian Beth Zucker director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BOULEVARD, 5TH FLOOR, LOS ANGELES AR 90067
Orix Hlhz Holding Llc 10 percent owner 1717 MAIN STREET, SUITE 900, DALLAS TX 75201
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Jacqueline B Kosecoff director 5960 HEISLEY ROAD, MENTOR OH 44060