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.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
John Hancock Preferredome Fund (NYSE:HPI) 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.
John Hancock Preferredome Fund's current Enterprise Value is $688.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. John Hancock Preferredome Fund's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was $34.92 Mil.
John Hancock Preferredome Fund's current Enterprise Value is $688.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. John Hancock Preferredome Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was $38.63 Mil.
John Hancock Preferredome Fund's current Enterprise Value is $688.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. John Hancock Preferredome Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was $38.63 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.
John Hancock Preferredome Fund Enterprise Value Related Terms
John Hancock Preferredome Fund Enterprise Value Historical Data
* 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.
John Hancock Preferredome Fund Enterprise Value Chart
HPI vs ISD, GLAD, FINS: Enterprise Value Comparison
For the Asset Management subindustry, John Hancock Preferredome Fund'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.
John Hancock Preferredome Fund Enterprise Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund's Enterprise Value distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund's Enterprise Value falls into.
John Hancock Preferredome Fund 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.
* 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.
John Hancock Preferredome Fund (HPI) has a Enterprise Value of $688.19 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on John Hancock Preferredome Fund and its competitors.
Is John Hancock Preferredome Fund's Enterprise Value too high?
John Hancock Preferredome Fund's current Enterprise Value is $688.19 Mil. Overall, John Hancock Preferredome Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund's Enterprise Value compare to ISD and GLAD?
John Hancock Preferredome Fund's Enterprise Value of $688.19 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Asset Management company?
A good Enterprise Value depends on the Asset Management industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on John Hancock Preferredome Fund and its competitors. John Hancock Preferredome Fund's current Enterprise Value is $688.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund stock overvalued right now?
John Hancock Preferredome Fund (HPI) has a current Enterprise Value of $688.19 Mil. The current Enterprise Value is $688.19 Mil. John Hancock Preferredome Fund's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For John Hancock Preferredome Fund (HPI), the current Enterprise Value is $688.19 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
John Hancock Preferredome Fund Business Description
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high-level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.
31GF Score
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