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, Travel+Leisure Co's Enterprise Value is $8,616 Mil.
Travel+Leisure Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $736 Mil. Therefore, Travel+Leisure Co's EV-to-EBIT ratio for today is 11.71.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Travel+Leisure Co's Enterprise Value is $8,616 Mil.
Travel+Leisure Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $849 Mil. Therefore, Travel+Leisure Co's EV-to-EBITDA ratio for today is 10.15.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Travel+Leisure Co's Enterprise Value is $8,616 Mil.
Travel+Leisure Co's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,750 Mil. Therefore, Travel+Leisure Co's EV-to-Revenue ratio for today is 2.30.
Travel+Leisure Co Enterprise Value Historical Data
The historical data trend for Travel+Leisure Co'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.
For the Travel Services subindustry, Travel+Leisure Co'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.
Travel+Leisure Co Enterprise Value Distribution
For the Travel & Leisure industry and Consumer Cyclical sector, Travel+Leisure Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Travel+Leisure Co's Enterprise Value falls into.
Travel+Leisure Co 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.
Travel+Leisure Co'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.
Travel+Leisure Co (NYSE:TNL) 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.
Travel+Leisure Co's current Enterprise Value is $8,616 Mil.
Travel+Leisure Co'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 $736 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Travel+Leisure Co's current Enterprise Value is $8,616 Mil.
Travel+Leisure Co'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 $849 Mil.
Travel+Leisure Co's current Enterprise Value is $8,616 Mil.
Travel+Leisure Co'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 $3,750 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.
Travel+Leisure Co Enterprise Value Related Terms
Thank you for viewing the detailed overview of Travel+Leisure Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Travel+Leisure Co (Travel+Leisure Co) Business Description
Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts and Travel and Membership which operates a variety of travel businesses, including three vacation exchange brands, a home exchange network, travel technology platforms, travel memberships, and direct-to-consumer rentals. Majority of the revenue is earned from United States.
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