GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Marcus & Millichap Inc (NYSE:MMI) » Definitions » Enterprise Value
中文

Marcus & Millichap (Marcus & Millichap) Enterprise Value : $989.3 Mil (As of Apr. 24, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Marcus & Millichap 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, Marcus & Millichap's Enterprise Value is $989.3 Mil. Marcus & Millichap's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-39.5 Mil. Therefore, Marcus & Millichap's EV-to-EBIT ratio for today is -25.04.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Marcus & Millichap's Enterprise Value is $989.3 Mil. Marcus & Millichap's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-25.9 Mil. Therefore, Marcus & Millichap's EV-to-EBITDA ratio for today is -38.22.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Marcus & Millichap's Enterprise Value is $989.3 Mil. Marcus & Millichap's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $645.9 Mil. Therefore, Marcus & Millichap's EV-to-Revenue ratio for today is 1.53.


Marcus & Millichap Enterprise Value Historical Data

The historical data trend for Marcus & Millichap'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.

Marcus & Millichap Enterprise Value Chart

Marcus & Millichap Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,162.52 1,144.12 1,553.89 945.15 1,416.47

Marcus & Millichap Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 945.15 987.45 972.36 872.75 1,416.47

Competitive Comparison of Marcus & Millichap's Enterprise Value

For the Real Estate Services subindustry, Marcus & Millichap'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.


Marcus & Millichap's Enterprise Value Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Marcus & Millichap's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Marcus & Millichap's Enterprise Value falls into.



Marcus & Millichap 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.

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

Marcus & Millichap'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.


Marcus & Millichap  (NYSE:MMI) 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.

Marcus & Millichap's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=989.339/-39.513
=-25.04

Marcus & Millichap's current Enterprise Value is $989.3 Mil.
Marcus & Millichap'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 $-39.5 Mil.

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

Marcus & Millichap's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=989.339/-25.886
=-38.22

Marcus & Millichap's current Enterprise Value is $989.3 Mil.
Marcus & Millichap'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 $-25.9 Mil.

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

Marcus & Millichap's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=989.339/645.927
=1.53

Marcus & Millichap's current Enterprise Value is $989.3 Mil.
Marcus & Millichap'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 $645.9 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.


Marcus & Millichap Enterprise Value Related Terms

Thank you for viewing the detailed overview of Marcus & Millichap's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Marcus & Millichap (Marcus & Millichap) Business Description

Traded in Other Exchanges
Address
23975 Park Sorrento, Suite 400, Calabasas, CA, USA, 91302
Marcus & Millichap Inc is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services. The company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory, and consulting services. The company generates revenues by collecting fees on the sale and financing of commercial properties. These fees consist of commissions collected upon the sale of a property and fees collected from the placement of loans.
Executives
Richard D. Matricaria officer: EVP & COO - Western Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Gregory A. Laberge officer: Chief Administrative Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Don C. Watters director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
John David Parker officer: EVP & COO - Eastern Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Hessam Nadji officer: Chief Strategy Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
English Dixon Collete director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
George M Marcus director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Phoenix Investments Holdings Llc 10 percent owner 777 S. CALIFORNIA AVENUE, PALO ALTO CA 94304
Martin E. Louie officer: Chief Financial Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Steven F. Degennaro officer: EVP and CFO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Lauralee Martin director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Mitchell R Labar officer: Executive VP and COO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
George T Shaheen director
William E. Hughes officer: SVP Marcus & Millichap Capital C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Kurt Henry Schwarz officer: Chief Accounting Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302