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Hankyu Hanshin REIT (TSE:8977) Enterprise Value : 円173,694 Mil (As of Apr. 30, 2024)


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What is Hankyu Hanshin 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, Hankyu Hanshin REIT's Enterprise Value is 円173,694 Mil. Hankyu Hanshin REIT's EBIT for the trailing twelve months (TTM) ended in May. 2023 was 円4,776 Mil. Therefore, Hankyu Hanshin REIT's EV-to-EBIT ratio for today is 36.37.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hankyu Hanshin REIT's Enterprise Value is 円173,694 Mil. Hankyu Hanshin REIT's EBITDA for the trailing twelve months (TTM) ended in May. 2023 was 円6,727 Mil. Therefore, Hankyu Hanshin REIT's EV-to-EBITDA ratio for today is 25.82.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hankyu Hanshin REIT's Enterprise Value is 円173,694 Mil. Hankyu Hanshin REIT's Revenue for the trailing twelve months (TTM) ended in May. 2023 was 円11,503 Mil. Therefore, Hankyu Hanshin REIT's EV-to-Revenue ratio for today is 15.10.


Hankyu Hanshin REIT Enterprise Value Historical Data

The historical data trend for Hankyu Hanshin 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.

Hankyu Hanshin REIT Enterprise Value Chart

Hankyu Hanshin REIT Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157,326.62 189,278.70 154,654.14 180,094.24 177,250.35

Hankyu Hanshin REIT Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 178,260.10 180,094.24 174,420.29 177,250.35 173,763.58

Competitive Comparison of Hankyu Hanshin REIT's Enterprise Value

For the REIT - Diversified subindustry, Hankyu Hanshin 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.


Hankyu Hanshin REIT's Enterprise Value Distribution in the REITs Industry

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

* The bar in red indicates where Hankyu Hanshin REIT's Enterprise Value falls into.



Hankyu Hanshin 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.

Hankyu Hanshin REIT's Enterprise Value for the fiscal year that ended in Nov. 2022 is calculated as

Hankyu Hanshin REIT's Enterprise Value for the quarter that ended in May. 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.


Hankyu Hanshin REIT  (TSE:8977) 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.

Hankyu Hanshin REIT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=173694.062/4775.637
=36.37

Hankyu Hanshin REIT's current Enterprise Value is 円173,694 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's EBIT for the trailing twelve months (TTM) ended in May. 2023 was 円4,776 Mil.

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

Hankyu Hanshin REIT's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=173694.062/6726.585
=25.82

Hankyu Hanshin REIT's current Enterprise Value is 円173,694 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's EBITDA for the trailing twelve months (TTM) ended in May. 2023 was 円6,727 Mil.

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

Hankyu Hanshin REIT's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=173694.062/11502.947
=15.10

Hankyu Hanshin REIT's current Enterprise Value is 円173,694 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hankyu Hanshin REIT's Revenue for the trailing twelve months (TTM) ended in May. 2023 was 円11,503 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.


Hankyu Hanshin REIT Enterprise Value Related Terms

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Hankyu Hanshin REIT (TSE:8977) Business Description

Traded in Other Exchanges
N/A
Address
19-19, Chayamachi, Kita-ku, Osaka, JPN, 530-0013
Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.

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