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, Park Hotels & Resorts's Enterprise Value is $7,434 Mil.
Park Hotels & Resorts's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $396 Mil. Therefore, Park Hotels & Resorts's EV-to-EBIT ratio for today is 18.77.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Park Hotels & Resorts's Enterprise Value is $7,434 Mil.
Park Hotels & Resorts's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $683 Mil. Therefore, Park Hotels & Resorts's EV-to-EBITDA ratio for today is 10.88.
Park Hotels & Resorts Enterprise Value Historical Data
The historical data trend for Park Hotels & Resorts'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.
Competitive Comparison of Park Hotels & Resorts's Enterprise Value
For the REIT - Hotel & Motel subindustry, Park Hotels & Resorts'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.
Park Hotels & Resorts's Enterprise Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Park Hotels & Resorts's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Park Hotels & Resorts's Enterprise Value falls into.
Park Hotels & Resorts 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.
Park Hotels & Resorts's Enterprise Value for the fiscal year 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.
Park Hotels & Resorts (NYSE:PK) 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.
Park Hotels & Resorts's current Enterprise Value is $7,434 Mil.
Park Hotels & Resorts'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 $396 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Park Hotels & Resorts's EV-to-EBITDA for today is:
Park Hotels & Resorts's current Enterprise Value is $7,434 Mil.
Park Hotels & Resorts'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 $683 Mil.
Park Hotels & Resorts's current Enterprise Value is $7,434 Mil.
Park Hotels & Resorts'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 $2,698 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.
Park Hotels & Resorts Enterprise Value Related Terms
Thank you for viewing the detailed overview of Park Hotels & Resorts's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Park Hotels & Resorts (Park Hotels & Resorts) Business Description
Park Hotels & Resorts owns upper-upscale and luxury hotels with 26,373 rooms across 41 hotels in the United States. Park also has interests through joint ventures in another 2,656 rooms in four U.S. hotels. Park was spun out of narrow-moat Hilton Worldwide Holdings at the start of 2017, so most of the company's hotels are still under Hilton brands. The company has sold all its international hotels and many of its lower-quality U.S. hotels to focus on high-quality assets in domestic gateway markets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PK has been successfully added to your 