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Home Point Capital (Home Point Capital) Enterprise Value : $1,523.67 Mil (As of May. 07, 2024)


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What is Home Point Capital 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.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Home Point Capital's Enterprise Value is $1,523.67 Mil. Home Point Capital's Revenue for the trailing twelve months (TTM) ended in Mar. 2023 was $-67.09 Mil. Therefore, Home Point Capital's EV-to-Revenue ratio for today is -22.71.


Home Point Capital Enterprise Value Historical Data

The historical data trend for Home Point Capital'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.

Home Point Capital Enterprise Value Chart

Home Point Capital Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
- - - 6,401.17 1,530.92

Home Point Capital Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 3,938.61 3,162.53 1,894.74 1,530.92 1,469.58

Competitive Comparison of Home Point Capital's Enterprise Value

For the Mortgage Finance subindustry, Home Point Capital'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.


Home Point Capital's Enterprise Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Home Point Capital's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Home Point Capital's Enterprise Value falls into.



Home Point Capital 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.

Home Point Capital's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Home Point Capital's Enterprise Value for the quarter that ended in Mar. 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.


Home Point Capital  (NAS:HMPT) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

Home Point Capital's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1523.665/-67.087
=-22.71

Home Point Capital's current Enterprise Value is $1,523.67 Mil.
Home Point Capital's Revenue for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-67.09 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.


Home Point Capital Enterprise Value Related Terms

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Home Point Capital (Home Point Capital) Business Description

Traded in Other Exchanges
N/A
Address
2211 Old Earhart Road, Suite 250, Ann Arbor, MI, USA, 48105
Home Point Capital Inc is engaged in the residential mortgage business. The company's products and services include Conventional Mortgages, FHA Loans, VA Loans for Veterans, and USDA Loans. It operates in two separate reportable segments: Origination and Servicing. Nearly all of its revenue comes from its Origination segment, which originates and sells residential real estate mortgage loans in the United States through the consumer direct third-party originations and correspondent channels that offer a variety of loan programs.
Executives
Lisa G Patterson officer: Chief Administrative Officer C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Joanna Zabriskie director C/O HOME POINT CAPITAL INC., 211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
John S Forlines officer: Chief Risk Officer C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Jean Weng officer: General Counsel C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Phillip Martin Miller officer: Chief Operating Officer C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Shoemaker Jr. Phillip R. officer: President of Originations C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Trident Vi Parallel Fund, L.p. 10 percent owner STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
William Andrew Newman director, officer: President & CEO C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Maria N. Fregosi officer: Chief Investment Officer C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Stone Point Gp Ltd. 10 percent owner C/O CITCO TRUSTEES (CAYMAN) LIMITED, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Eric L. Rosenzweig director C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Brian R. Ludtke officer: Chief Administrative Officer C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Perry Hilzendeger officer: President of Servicing C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Trident Vi Professionals Fund, L.p. 10 percent owner STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Mark Elbaum officer: Chief Financial Officer