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MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Enterprise Value : $964.87 Mil (As of May. 14, 2024)


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What is MainStay CBRE Global Infrastructure Megatrends Fund 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, MainStay CBRE Global Infrastructure Megatrends Fund's Enterprise Value is $964.87 Mil. MainStay CBRE Global Infrastructure Megatrends Fund does not have enough years/quarters to calculate its Revenue for the trailing twelve months (TTM) ended in Nov. 2023. Therefore, GuruFocus does not calculate MainStay CBRE Global Infrastructure Megatrends Fund's EV-to-Revenue at this moment.


MainStay CBRE Global Infrastructure Megatrends Fund Enterprise Value Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends Fund'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.

MainStay CBRE Global Infrastructure Megatrends Fund Enterprise Value Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data
Trend May22 May23
Enterprise Value
- 1,012.77

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
Nov22 May23 Nov23
Enterprise Value 1,093.86 1,012.77 939.88

Competitive Comparison of MainStay CBRE Global Infrastructure Megatrends Fund's Enterprise Value

For the Asset Management subindustry, MainStay CBRE Global Infrastructure Megatrends 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.


MainStay CBRE Global Infrastructure Megatrends Fund's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MainStay CBRE Global Infrastructure Megatrends Fund's Enterprise Value distribution charts can be found below:

* The bar in red indicates where MainStay CBRE Global Infrastructure Megatrends Fund's Enterprise Value falls into.



MainStay CBRE Global Infrastructure Megatrends 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.

MainStay CBRE Global Infrastructure Megatrends Fund's Enterprise Value for the fiscal year that ended in May. 2023 is calculated as

MainStay CBRE Global Infrastructure Megatrends Fund's Enterprise Value for the quarter that ended in Nov. 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.


MainStay CBRE Global Infrastructure Megatrends Fund  (NYSE:MEGI) 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.


MainStay CBRE Global Infrastructure Megatrends Fund Enterprise Value Related Terms

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MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Business Description

Traded in Other Exchanges
N/A
Address
51 Madison Avenue, New York, NY, USA, 10010
MainStay CBRE Global Infrastructure Megatrends Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income.
Executives
Jacques P Perold director 51 MADISON AVENUE, NEW YORK NY 10010
Joseph P Smith other: Portfolio Manager 201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Jeremy Anagnos other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Naim Abou-jaoude other: CEO, NY LIFE INVEST MGMENT LLC 200 ALDERSGATE STREET, C/O CANDRIAM, NORTH ENTRANCE, LONDON X0 EC1A4HD
Alain M Karaoglan other: Chairman & Interim CEO 230 PARK AVENUE, NEW YORK NY 10169
Richard S Trutanic director 51 MADISON AVENUE, NEW YORK NY 10010
Kevin M Gleason officer: Chief Compliance Officer 30 HUDSON STREET, JERSEY CITY NJ 07302
Daniel Ryan Foley other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kirk C Lehneis officer: President 51 MADISON AVENUE, NEW YORK NY 10010
Hinds Howard other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Cbre Investment Management Listed Real Assets Llc other: Subadviser 555 EAST LANCASTER AVENUE, SUITE 120, RADNOR PA 19087
Alan R Latshaw director 51 MADISON AVENUE, NEW YORK NY 10010
Yie-hsin Hung director 30 HUDSON STREET, JERSEY CITY NJ 07302
Scott T Harrington officer: Vice President-Administration 169 LACKAWANNA AVENUE, PARSIPPANY NJ 07054
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010

MainStay CBRE Global Infrastructure Megatrends Fund (MainStay CBRE Global Infrastructure Megatrends Fund) Headlines

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