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Manulife US REIT (SGX:BTOU) Enterprise Value : $915.8 Mil (As of May. 13, 2024)


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What is Manulife US REIT 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, Manulife US REIT's Enterprise Value is $915.8 Mil. Manulife US REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-353.7 Mil. Therefore, Manulife US REIT's EV-to-EBIT ratio for today is -2.59.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Manulife US REIT's Enterprise Value is $915.8 Mil. Manulife US REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-345.4 Mil. Therefore, Manulife US REIT's EV-to-EBITDA ratio for today is -2.65.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Manulife US REIT's Enterprise Value is $915.8 Mil. Manulife US REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $208.0 Mil. Therefore, Manulife US REIT's EV-to-Revenue ratio for today is 4.40.


Manulife US REIT Enterprise Value Historical Data

The historical data trend for Manulife US 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.

* Premium members only.

Manulife US REIT Enterprise Value Chart

Manulife US REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,324.74 1,951.40 2,068.00 1,449.09 935.30

Manulife US REIT Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2,068.00 1,906.29 1,449.09 1,202.93 935.30

Competitive Comparison of Manulife US REIT's Enterprise Value

For the REIT - Office subindustry, Manulife US 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.


Manulife US REIT's Enterprise Value Distribution in the REITs Industry

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

* The bar in red indicates where Manulife US REIT's Enterprise Value falls into.



Manulife US 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.

Manulife US REIT's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Manulife US REIT's Enterprise Value for the quarter that ended in Dec. 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.


Manulife US REIT  (SGX:BTOU) 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.

Manulife US REIT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=915.761/-353.712
=-2.59

Manulife US REIT's current Enterprise Value is $915.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Manulife US REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-353.7 Mil.

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

Manulife US REIT's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=915.761/-345.366
=-2.65

Manulife US REIT's current Enterprise Value is $915.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Manulife US REIT's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-345.4 Mil.

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

Manulife US REIT's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=915.761/208.025
=4.40

Manulife US REIT's current Enterprise Value is $915.8 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Manulife US REIT's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $208.0 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.


Manulife US REIT Enterprise Value Related Terms

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Manulife US REIT (SGX:BTOU) Business Description

Traded in Other Exchanges
Address
8 Cross Street, No.16-03 Manulife Tower, Singapore, SGP, 048424
Manulife US REIT is a pure-play U.S. office REIT in Asia. The company along with its subsidiaries invests, directly or indirectly, in a portfolio of income-producing office real estate in markets in the U.S., as well as real estate-related assets. The Group's investment properties comprise commercial office properties. Some of its properties include Figueroa and Michelson in California along with Plaza and Exchange in New Jersey. Geographically, the majority is derived from the United States.

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