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Pioneer Highome Trust (Pioneer Highome Trust) Enterprise Value : $327.34 Mil (As of May. 06, 2024)


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What is Pioneer Highome Trust 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, Pioneer Highome Trust's Enterprise Value is $327.34 Mil. Pioneer Highome Trust's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $29.36 Mil. Therefore, Pioneer Highome Trust's EV-to-Revenue ratio for today is 11.15.


Pioneer Highome Trust Enterprise Value Historical Data

The historical data trend for Pioneer Highome Trust'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.

Pioneer Highome Trust Enterprise Value Chart

Pioneer Highome Trust Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Enterprise Value
Get a 7-Day Free Trial 385.78 284.85 383.10 354.73 300.54

Pioneer Highome Trust Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 411.70 354.73 296.76 300.54 305.04

Competitive Comparison of Pioneer Highome Trust's Enterprise Value

For the Asset Management subindustry, Pioneer Highome Trust'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.


Pioneer Highome Trust's Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pioneer Highome Trust's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Pioneer Highome Trust's Enterprise Value falls into.



Pioneer Highome Trust 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.

Pioneer Highome Trust's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Pioneer Highome Trust'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.


Pioneer Highome Trust  (NYSE:PHT) 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.

Pioneer Highome Trust's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=327.338/29.358
=11.15

Pioneer Highome Trust's current Enterprise Value is $327.34 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Pioneer Highome Trust's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $29.36 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.


Pioneer Highome Trust Enterprise Value Related Terms

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Pioneer Highome Trust (Pioneer Highome Trust) Business Description

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer High Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income and to seek capital appreciation. The group generally invests in fixed income markets. Geographically its activities are carried out through the United States.
Executives
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Craig C Mackay officer: Trustee 75 WEST 125TH STREET, NEW YORK NY 10027
Diane Durnin other: Trustee 60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr. other: Trustee 60 STATE STREET, BOSTON MA 02109
John Michael Malone officer: Chief Compliance Officer 60 STATE STREET, BOSTON MA 02019
Matthew B Shulkin other: Affiliated Person 60 STATE STREET, C/O AMUNDI PIONEER, BOSTON MA 02109
Mark Edward Bradley officer: ASSISTANT TREASURER 60 STATE STREET, BOSTON MA 02109
Lorraine H Monchak other: Trustee 60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Fred J Ricciardi other: Trustee 60 STATE STREET, BOSTON MA 02109
Lisa Jones officer: Chief Executive Officer 60 STATE STREET, PIONEER INVESTMENTS, BOSTON MA 02109
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Marc O Mayer other: Trustee C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105