SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'ev' EQIX (Equinix) Enterprise Value
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equinix Inc (NAS:EQIX) » Definitions » Enterprise Value

Equinix (Equinix) Enterprise Value

: $86,378 Mil (As of Today)
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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, Equinix's Enterprise Value is $86,378 Mil. Equinix's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,526 Mil. Therefore, Equinix's EV-to-EBIT ratio for today is 56.59.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Equinix's Enterprise Value is $86,378 Mil. Equinix's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $3,371 Mil. Therefore, Equinix's EV-to-EBITDA ratio for today is 25.62.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Equinix's Enterprise Value is $86,378 Mil. Equinix's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $8,188 Mil. Therefore, Equinix's EV-to-Revenue ratio for today is 10.55.

Equinix Enterprise Value Historical Data

The historical data trend for Equinix'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.

Equinix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61,201.67 75,971.93 90,064.76 75,232.34 91,476.69

Equinix Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 75,232.34 81,798.23 88,209.79 83,232.15 91,476.69
Competitive Comparison

For the REIT - Specialty subindustry, Equinix'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.

Equinix Enterprise Value Distribution

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

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


Equinix 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.

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

Enterprise Value (A: Dec. 2023 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=76092.683427+0+16179.426
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+1275.687+24.605-2095.712
=91,477

Equinix's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

Enterprise Value (Q: Dec. 2023 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=76092.683427+0+16179.426
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+1275.687+24.605-2095.712
=91,477

* 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.

Equinix  (NAS:EQIX) 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.

Equinix's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=86378.116/1526.252
=56.59

Equinix's current Enterprise Value is $86,378 Mil.
Equinix's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,526 Mil.

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

Equinix's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=86378.116/3371.39
=25.62

Equinix's current Enterprise Value is $86,378 Mil.
Equinix's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,371 Mil.

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

Equinix's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=86378.116/8188.136
=10.55

Equinix's current Enterprise Value is $86,378 Mil.
Equinix's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,188 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.

Equinix Enterprise Value Related Terms

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Equinix (Equinix) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equinix Inc (NAS:EQIX) » Definitions » Enterprise Value
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Address
One Lagoon Drive, Redwood City, CA, USA, 94065
Website
https://www.equinix.com
Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.
Executives
Charles J Meyers officer: CEO and President 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Scott Crenshaw officer: EVP, GM Digital Services ONE FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78133
Keith D Taylor officer: VP Finance, CAO 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Brandi Galvin officer: General Counsel 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Michael Earl Campbell officer: Chief Sales Officer 1 LAGOON DRIVE, REDWOOD CITY CA 94065
Jonathan Lin officer: EVP, GM, Data Center Services C/O EQUINIX, INC., ONE LAGOON DRIVE, REDWOOD CITY CA 94065
Camp Peter Van director, officer: Chief Executive Officer C/O PACKETEER INC, 10201 N DEANZA BLVD, CUPERTINO CA 95014
Gary Hromadko director, 10 percent owner, other: Affiliate of Director 301 VELOCITY WAY 5TH FLOOR, FOSTER CITY CA 94404
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070
Simon Miller officer: Chief Accounting Officer 1 LAGOON DR, REDWOOD CITY CA 94065
Fidelma Russo director C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Karl Strohmeyer officer: Chief Customer & Rev Officer ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Thomas S Olinger director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Jeetendra I Patel director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Ron Guerrier director C/O EXPRESS SCRIPTS HOLDING COMPANY, ONE EXPRESS WAY, ST. LOUIS MO 63121