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Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Enterprise Value : C$-0.96 Mil (As of Jun. 05, 2024)


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What is Sustainable Real Estate Dividend 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. As of today, Sustainable Real Estate Dividend Fund's Enterprise Value is C$-0.96 Mil. Sustainable Real Estate Dividend Fund does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Sustainable Real Estate Dividend Fund's EV-to-EBIT at this moment.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Sustainable Real Estate Dividend Fund's Enterprise Value is C$-0.96 Mil. Sustainable Real Estate Dividend Fund does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Sustainable Real Estate Dividend Fund's EV-to-EBITDA at this moment.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sustainable Real Estate Dividend Fund's Enterprise Value is C$-0.96 Mil. Sustainable Real Estate Dividend Fund does not have enough years/quarters to calculate its Revenue for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Sustainable Real Estate Dividend Fund's EV-to-Revenue at this moment.


Sustainable Real Estate Dividend Fund Enterprise Value Historical Data

The historical data trend for Sustainable Real Estate Dividend 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.

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Sustainable Real Estate Dividend Fund Enterprise Value Chart

Sustainable Real Estate Dividend Fund Annual Data
Trend Dec22 Dec23
Enterprise Value
- -0.84

Sustainable Real Estate Dividend Fund Semi-Annual Data
Dec22 Jun23 Dec23
Enterprise Value - -1.36 -0.84

Competitive Comparison of Sustainable Real Estate Dividend Fund's Enterprise Value

For the Asset Management subindustry, Sustainable Real Estate Dividend 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.


Sustainable Real Estate Dividend Fund's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sustainable Real Estate Dividend Fund's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Sustainable Real Estate Dividend Fund's Enterprise Value falls into.



Sustainable Real Estate Dividend 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.

Sustainable Real Estate Dividend Fund's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Sustainable Real Estate Dividend Fund'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.


Sustainable Real Estate Dividend Fund  (TSX:MSRE.UN) 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.


Sustainable Real Estate Dividend Fund Enterprise Value Related Terms

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Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Business Description

Traded in Other Exchanges
N/A
Address
First Canadian Place, 58th Floor, P.O. Box 192, Toronto, ON, CAN, M5X 1A6
Sustainable Real Estate Dividend Fund is a closed-ended investment trust. The investment objectives of the Sustainable Real Estate Dividend Fund are to provide holders of units with stable monthly cash distributions and enhanced long-term total return through capital appreciation of the Fund's investment portfolio.

Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Headlines

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