GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Drive Shack Inc (OTCPK:DSHK) » Definitions » Enterprise Value

Drive Shack (Drive Shack) Enterprise Value

: $346.6 Mil (As of Today)
View and export this data going back to 2002. Start your Free Trial

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, Drive Shack's Enterprise Value is $346.6 Mil. Drive Shack's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-7.9 Mil. Therefore, Drive Shack's EV-to-EBIT ratio for today is -43.87.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Drive Shack's Enterprise Value is $346.6 Mil. Drive Shack's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $24.8 Mil. Therefore, Drive Shack's EV-to-EBITDA ratio for today is 13.99.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Drive Shack's Enterprise Value is $346.6 Mil. Drive Shack's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $357.3 Mil. Therefore, Drive Shack's EV-to-Revenue ratio for today is 0.97.


Drive Shack Enterprise Value Historical Data

The historical data trend for Drive Shack'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.

Drive Shack Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 309.32 550.65 428.94 381.16 326.75

Drive Shack Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 368.76 326.75 351.46 355.59 351.81

Competitive Comparison

For the Leisure subindustry, Drive Shack'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.


Drive Shack Enterprise Value Distribution

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

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



Drive Shack 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.

Drive Shack's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Drive Shack's Enterprise Value for the quarter that ended in Sep. 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.


Drive Shack  (OTCPK:DSHK) 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.

Drive Shack's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=346.557/-7.9
=-43.87

Drive Shack's current Enterprise Value is $346.6 Mil.
Drive Shack's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.9 Mil.

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

Drive Shack's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=346.557/24.77
=13.99

Drive Shack's current Enterprise Value is $346.6 Mil.
Drive Shack's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.8 Mil.

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

Drive Shack's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=346.557/357.313
=0.97

Drive Shack's current Enterprise Value is $346.6 Mil.
Drive Shack's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $357.3 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.


Drive Shack Enterprise Value Related Terms

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


Drive Shack (Drive Shack) Business Description

Traded in Other Exchanges
Address
10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231
Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue gets derived from the Traditional Golf Properties segment.
Executives
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Hana Khouri officer: President 218 WEST 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Goodfield Lawrence A. Jr. officer: CFO, CAO & Treasurer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Lee Nichols officer: Chief Financial Officer C/O DRIVE SHACK INC., 218 W. 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acacia Research Corp director 767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Virgis Colbert director 5725 DELPHI DRIVE, TROY MI 48098
Benjamin M Crane director 218 WEST 18TH STREET 3RD FLOOR, NEW YORK NY 10011
Clifford Press director 152 WEST 57TH STREET, NEW YORK NY 10019
David Hammarley officer: Chief Financial Officer 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Kenneth A May director, officer: CEO & President 13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
William J Clifford director 845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
Alan L. Tyson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sara A. Yakin officer: Chief Operating Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sarah Watterson officer: CEO & President 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

Drive Shack (Drive Shack) Headlines