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Redefine Properties (JSE:RDF) Enterprise Value : R69,868 Mil (As of Jun. 23, 2024)


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What is Redefine 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, Redefine Properties's Enterprise Value is R69,868 Mil. Redefine Properties's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was R5,296 Mil. Therefore, Redefine Properties's EV-to-EBIT ratio for today is 13.19.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Redefine Properties's Enterprise Value is R69,868 Mil. Redefine Properties's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 was R5,296 Mil. Therefore, Redefine Properties's EV-to-EBITDA ratio for today is 13.19.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Redefine Properties's Enterprise Value is R69,868 Mil. Redefine Properties's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 was R10,306 Mil. Therefore, Redefine Properties's EV-to-Revenue ratio for today is 6.78.


Redefine Properties Enterprise Value Historical Data

The historical data trend for Redefine 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.

Redefine Properties Enterprise Value Chart

Redefine Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84,045.87 50,324.89 54,526.80 62,153.59 64,770.30

Redefine Properties Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 57,706.53 62,153.59 65,185.65 64,770.30 70,740.62

Competitive Comparison of Redefine Properties's Enterprise Value

For the REIT - Diversified subindustry, Redefine 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.


Redefine Properties's Enterprise Value Distribution in the REITs Industry

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

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



Redefine 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.

Redefine Properties's Enterprise Value for the fiscal year that ended in Aug. 2023 is calculated as

Redefine Properties's Enterprise Value for the quarter that ended in Feb. 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.


Redefine Properties  (JSE:RDF) 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.

Redefine Properties's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=69868.448/5296.064
=13.19

Redefine Properties's current Enterprise Value is R69,868 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Redefine Properties's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was R5,296 Mil.

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

Redefine Properties's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=69868.448/5296.064
=13.19

Redefine Properties's current Enterprise Value is R69,868 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Redefine Properties's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 was R5,296 Mil.

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

Redefine Properties's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=69868.448/10305.506
=6.78

Redefine Properties's current Enterprise Value is R69,868 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Redefine Properties's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 was R10,306 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.


Redefine Properties Enterprise Value Related Terms

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Redefine Properties (JSE:RDF) Business Description

Traded in Other Exchanges
N/A
Address
155 West Street, 4th floor, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Redefine Properties Ltd is a South African real estate investment trust involved in the ownership of office, retail, and industrial properties. The vast majority of Redefine's real estate portfolio is located in South Africa and Poland .Within South Africa, over half of the company's properties are in the province of Gauteng in terms of total value. The group comprises of segments in the local portfolio, being office, retail, industrial, specialised and head office, and the international portfolio being EPP, Redefine Europe and other. Majority of revenue is generated from EPP, international portfolio.

Redefine Properties (JSE:RDF) Headlines

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