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, Extra Space Storage's Enterprise Value is $39,399 Mil.
Extra Space Storage's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,310 Mil. Therefore, Extra Space Storage's EV-to-EBIT ratio for today is 30.08.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Extra Space Storage's Enterprise Value is $39,399 Mil.
Extra Space Storage's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,816 Mil. Therefore, Extra Space Storage's EV-to-EBITDA ratio for today is 21.70.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Extra Space Storage's Enterprise Value is $39,399 Mil.
Extra Space Storage's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,560 Mil. Therefore, Extra Space Storage's EV-to-Revenue ratio for today is 15.39.
Extra Space Storage Enterprise Value Historical Data
The historical data trend for Extra Space Storage'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.
Competitive Comparison of Extra Space Storage's Enterprise Value
For the REIT - Industrial subindustry, Extra Space Storage'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.
Extra Space Storage's Enterprise Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Extra Space Storage's Enterprise Value falls into.
Extra Space Storage 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.
Extra Space Storage's Enterprise Value for the fiscal year 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.
Extra Space Storage (NYSE:EXR) 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.
Extra Space Storage's current Enterprise Value is $39,399 Mil.
Extra Space Storage'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 $1,310 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Extra Space Storage's current Enterprise Value is $39,399 Mil.
Extra Space Storage'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 $1,816 Mil.
Extra Space Storage's current Enterprise Value is $39,399 Mil.
Extra Space Storage'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 $2,560 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.
Extra Space Storage Enterprise Value Related Terms
Thank you for viewing the detailed overview of Extra Space Storage's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Extra Space Storage (Extra Space Storage) Business Description
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 2,400 self-storage properties in 41 states, with over 180 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
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