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Ocwen Financial (Ocwen Financial) Enterprise Value : $10,918 Mil (As of Apr. 26, 2024)


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What is Ocwen Financial 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, Ocwen Financial's Enterprise Value is $10,918 Mil. Ocwen Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $227 Mil. Therefore, Ocwen Financial's EV-to-EBIT ratio for today is 48.12.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ocwen Financial's Enterprise Value is $10,918 Mil. Ocwen Financial's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $239 Mil. Therefore, Ocwen Financial's EV-to-EBITDA ratio for today is 45.68.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ocwen Financial's Enterprise Value is $10,918 Mil. Ocwen Financial's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,145 Mil. Therefore, Ocwen Financial's EV-to-Revenue ratio for today is 9.54.


Ocwen Financial Enterprise Value Historical Data

The historical data trend for Ocwen Financial'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.

Ocwen Financial Enterprise Value Chart

Ocwen Financial 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 8,427.19 9,254.46 10,646.56 10,480.05 10,965.17

Ocwen Financial 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 10,480.05 10,728.06 11,236.48 10,900.18 10,965.17

Competitive Comparison of Ocwen Financial's Enterprise Value

For the Mortgage Finance subindustry, Ocwen Financial'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.


Ocwen Financial's Enterprise Value Distribution in the Banks Industry

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

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



Ocwen Financial 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.

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

Ocwen Financial'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.


Ocwen Financial  (NYSE:OCN) 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.

Ocwen Financial's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10918.027/226.9
=48.12

Ocwen Financial's current Enterprise Value is $10,918 Mil.
Ocwen Financial'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 $227 Mil.

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

Ocwen Financial's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=10918.027/239
=45.68

Ocwen Financial's current Enterprise Value is $10,918 Mil.
Ocwen Financial'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 $239 Mil.

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

Ocwen Financial's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=10918.027/1144.9
=9.54

Ocwen Financial's current Enterprise Value is $10,918 Mil.
Ocwen Financial'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 $1,145 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.


Ocwen Financial Enterprise Value Related Terms

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Ocwen Financial (Ocwen Financial) Business Description

Traded in Other Exchanges
N/A
Address
1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409
Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Jenna D. Evans officer: Chief Risk & Compliance 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Sean Bradley O'neil officer: EVP & Chief Financial Officer 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Jacques J Busquet director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Jenne K Britell director 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Glen A. Messina director, officer: President and CEO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Dennis Zeleny officer: Chief Administrative Officer 1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103-7583
Aaron D Wade officer: EVP, Capital Markets 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
George T. Henley officer: EVP & Chief Growth Officer C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Soaries Deforest B. Jr. director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Joseph B Long officer: EVP, Capital Markets C/O EVERBANK FINANCIAL CORP, 501 RIVERSIDE AVENUE, JACKSONVILLE FL 32202
Kevin Stein director 3000 LEADENHALL RD., MAILSTOP PCLG, MOUNT LAUREL NJ 08054
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487