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Macau Legend Development (HKSE:01680) Enterprise Value

: HK$3,653.6 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, Macau Legend Development's Enterprise Value is HK$3,653.6 Mil. Macau Legend Development's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-211.2 Mil. Therefore, Macau Legend Development's EV-to-EBIT ratio for today is -17.30.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Macau Legend Development's Enterprise Value is HK$3,653.6 Mil. Macau Legend Development's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-211.2 Mil. Therefore, Macau Legend Development's EV-to-EBITDA ratio for today is -17.30.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Macau Legend Development's Enterprise Value is HK$3,653.6 Mil. Macau Legend Development's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was HK$901.6 Mil. Therefore, Macau Legend Development's EV-to-Revenue ratio for today is 4.05.


Macau Legend Development Enterprise Value Historical Data

The historical data trend for Macau Legend Development'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.

Macau Legend Development 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 7,261.81 7,972.23 6,231.87 5,050.04 3,777.66

Macau Legend Development Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 6,231.87 5,022.15 5,050.04 4,103.04 3,777.66

Competitive Comparison

For the Resorts & Casinos subindustry, Macau Legend Development'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.


Macau Legend Development Enterprise Value Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Macau Legend Development's Enterprise Value falls into.



Macau Legend Development 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.

Macau Legend Development's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Macau Legend Development's Enterprise Value for the quarter that ended in Jun. 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.


Macau Legend Development  (HKSE:01680) 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.

Macau Legend Development's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3653.641/-211.227
=-17.30

Macau Legend Development's current Enterprise Value is HK$3,653.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Macau Legend Development's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-211.2 Mil.

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

Macau Legend Development's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3653.641/-211.227
=-17.30

Macau Legend Development's current Enterprise Value is HK$3,653.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Macau Legend Development's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-211.2 Mil.

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

Macau Legend Development's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3653.641/901.645
=4.05

Macau Legend Development's current Enterprise Value is HK$3,653.6 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Macau Legend Development's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was HK$901.6 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.


Macau Legend Development Enterprise Value Related Terms

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Macau Legend Development (HKSE:01680) Business Description

Traded in Other Exchanges
Address
Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC
Macau Legend Development Ltd is an investment holdings company. The company is one of the owners of entertainment and casino gaming facilities in Macau. The company currently has Macau Fisherman's Wharf operated by MFW Investment (MFW), which is a waterfront integrated gaming, hotel, convention and entertainment complex located on the Macau Peninsula. The company's businesses include 1) the provision of gaming services to SJM for the operation of Legend Palace Casino; 2) the operation of casino inside Savan Legend Resorts Hotel and Entertainment Complex in the Lao People's Democratic Republic (Lao PDR); and 3) the operation of hotels, entertainment and leisure facilities within its properties.

Macau Legend Development (HKSE:01680) Headlines

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