GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Nelnet Inc (NYSE:NNI) » Definitions » Enterprise Value

Nelnet (Nelnet) Enterprise Value : $14,211 Mil (As of May. 12, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Nelnet 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. This ratio does not apply to banks.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. This ratio does not apply to banks.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Nelnet's Enterprise Value is $14,211 Mil. Nelnet's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $1,078 Mil. Therefore, Nelnet's EV-to-Revenue ratio for today is 13.18.


Nelnet Enterprise Value Historical Data

The historical data trend for Nelnet'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.

Nelnet Enterprise Value Chart

Nelnet 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 22,713.41 21,927.75 20,726.97 17,322.29 14,681.17

Nelnet Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16,238.28 16,121.23 15,221.86 14,681.17 13,715.65

Competitive Comparison of Nelnet's Enterprise Value

For the Credit Services subindustry, Nelnet'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.


Nelnet's Enterprise Value Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Nelnet's Enterprise Value distribution charts can be found below:

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



Nelnet 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.

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

Nelnet's Enterprise Value for the quarter that ended in Mar. 2024 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.


Nelnet  (NYSE:NNI) 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-Revenue is calculated as Enterprise Value divided by its Revenue.

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=14211.162/1078.132
=13.18

Nelnet's current Enterprise Value is $14,211 Mil.
Nelnet's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,078 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.


Nelnet Enterprise Value Related Terms

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


Nelnet (Nelnet) Business Description

Traded in Other Exchanges
Address
121 South 13th Street, Suite 100, Lincoln, NE, USA, 68508
Nelnet Inc is a United States based company engaged in these five segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services, Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses, Asset Generation and Management Includes the acquisition and management of student and other loan assets, Nelnet Bank focuses on the private education and unsecured consumer loan markets, and Communications provides fiber optic service for internet, telephone, and television services.
Executives
William J Munn officer: Secy, Chief Legal Off, Gen Cou 121 S. 13TH STREET, SUITE 100, LINCOLN NE 68508
Van Deun Jona M director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Dan D Muhleisen 10 percent owner 6321 DOECREEK CIRCLE, LINCOLN NE 68516
Preeta D Bansal director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
David S Graff director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kimberly Kay Rath director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kathleen Anne Farrell director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Matthew W Dunlap director, officer: Chief Business Develop. Off. 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Magnolia Capital Fund, Lp other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson director, other: See below 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Shelby J Butterfield 10 percent owner 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Michael S Dunlap director, 10 percent owner, officer: Chairman, Co-Chief Ex. Officer 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Joann M Martin director 6221 ANDREW COURT, LINCOLN NE 68512
Angie Mulheisen 10 percent owner 3643 S 48TH STREET P O BOX 82535, LINCOLN NE 68501-2535

Nelnet (Nelnet) Headlines

From GuruFocus

DAN HUGHES NAMED AS FACTS NATIONAL SALES DIRECTOR

By PRNewswire PRNewswire 06-21-2022

Nelnet to Announce First Quarter Results

By PRNewswire PRNewswire 04-14-2023

Nelnet Mourns the Loss of Board Member William Cintani

By PRNewswire PRNewswire 12-16-2022

DAN HUGHES NAMED AS FACTS NATIONAL SALES DIRECTOR

By PRNewswire PRNewswire 07-11-2022

Nelnet to Announce Second Quarter Results

By PRNewswire 07-13-2023

Nelnet Acquires Solar Construction Firm GRNE Solutions

By PRNewswire PRNewswire 07-05-2022

Nelnet Reports First Quarter 2022 Results

By PRNewswire PRNewswire 07-08-2022

Nelnet to Announce Third Quarter Results

By PRNewswire PRNewswire 10-14-2022