GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Properties Ltd (OTCPK:HLPPF) » Definitions » Enterprise Value

HLPPF (Hang Lung Properties) Enterprise Value : $9,911 Mil (As of Dec. 16, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Hang Lung Properties 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, Hang Lung Properties's Enterprise Value is $9,911 Mil. Hang Lung Properties's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $700 Mil. Therefore, Hang Lung Properties's EV-to-EBIT ratio for today is 14.16.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hang Lung Properties's Enterprise Value is $9,911 Mil. Hang Lung Properties's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $700 Mil. Therefore, Hang Lung Properties's EV-to-EBITDA ratio for today is 14.16.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hang Lung Properties's Enterprise Value is $9,911 Mil. Hang Lung Properties's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $1,433 Mil. Therefore, Hang Lung Properties's EV-to-Revenue ratio for today is 6.92.


Hang Lung Properties Enterprise Value Historical Data

The historical data trend for Hang Lung Properties'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.

Hang Lung Properties Enterprise Value Chart

Hang Lung Properties 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 14,575.99 16,729.64 15,310.81 14,746.26 13,115.62

Hang Lung Properties Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 14,716.01 14,746.26 13,991.72 13,115.62 11,192.69

Competitive Comparison of Hang Lung Properties's Enterprise Value

For the Real Estate Services subindustry, Hang Lung Properties'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.


Hang Lung Properties's Enterprise Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hang Lung Properties's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hang Lung Properties's Enterprise Value falls into.



Hang Lung Properties 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.

Hang Lung Properties's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Hang Lung Properties's Enterprise Value for the quarter that ended in Jun. 2024 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.


Hang Lung Properties  (OTCPK:HLPPF) 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.

Hang Lung Properties's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9911.153/699.754
=14.16

Hang Lung Properties's current Enterprise Value is $9,911 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hang Lung Properties's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was $700 Mil.

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

Hang Lung Properties's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9911.153/699.754
=14.16

Hang Lung Properties's current Enterprise Value is $9,911 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hang Lung Properties's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was $700 Mil.

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

Hang Lung Properties's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9911.153/1433.18
=6.92

Hang Lung Properties's current Enterprise Value is $9,911 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hang Lung Properties's Revenue for the trailing twelve months (TTM) ended in Jun. 2024 was $1,433 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.


Hang Lung Properties Enterprise Value Related Terms

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


Hang Lung Properties Business Description

Traded in Other Exchanges
Address
4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hung Lung Properties primarily operates in Mainland China and Hong Kong where it develops and invests in a portfolio of commercial properties for rental income, as well as develop residential properties for sale. Most of its revenue is generated in China where it focuses on retail malls in Tier 1 and 2 cities such as Shanghai, Wuxi, Hangzhou, Wuhan, Kunming, Jinan, Dalian, Shenyang, and Tianjin. As such, investors view the company as a proxy for China's overall retail growth. The company is 63% owned by Hang Lung Group.