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, Heriot REIT's Enterprise Value is R7,241.7 Mil.
Heriot REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R1,345.2 Mil. Therefore, Heriot REIT's EV-to-EBIT ratio for today is 5.38.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Heriot REIT's Enterprise Value is R7,241.7 Mil.
Heriot REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was R1,345.2 Mil. Therefore, Heriot REIT's EV-to-EBITDA ratio for today is 5.38.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Heriot REIT's Enterprise Value is R7,241.7 Mil.
Heriot REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was R776.0 Mil. Therefore, Heriot REIT's EV-to-Revenue ratio for today is 9.33.
Heriot REIT Enterprise Value Historical Data
The historical data trend for Heriot REIT'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.
Competitive Comparison of Heriot REIT's Enterprise Value
For the REIT - Diversified subindustry, Heriot REIT'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.
Heriot REIT's Enterprise Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Heriot REIT's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Heriot REIT's Enterprise Value falls into.
Heriot REIT 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.
Heriot REIT's Enterprise Value for the fiscal year that ended in Jun. 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.
Heriot REIT (JSE:HET) 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.
Heriot REIT's current Enterprise Value is R7,241.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heriot REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R1,345.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Heriot REIT's current Enterprise Value is R7,241.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heriot REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was R1,345.2 Mil.
Heriot REIT's current Enterprise Value is R7,241.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heriot REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was R776.0 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.
Heriot REIT Enterprise Value Related Terms
Thank you for viewing the detailed overview of Heriot REIT's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.
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