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University Bancorp (University Bancorp) Enterprise Value

: $70.39 Mil (As of Today)
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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, University Bancorp's Enterprise Value is $70.39 Mil. University Bancorp's Revenue for the trailing twelve months (TTM) ended in Dec. 2022 was $86.42 Mil. Therefore, University Bancorp's EV-to-Revenue ratio for today is 0.81.


University Bancorp Enterprise Value Historical Data

The historical data trend for University Bancorp'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.

University Bancorp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.03 -59.70 -112.32 44.87 88.83

University Bancorp Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 -39.03 -59.70 -112.32 44.87 88.83

Competitive Comparison

For the Banks - Regional subindustry, University Bancorp'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.


University Bancorp Enterprise Value Distribution

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

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



University Bancorp 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.

University Bancorp's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

University Bancorp's Enterprise Value for the quarter that ended in Dec. 2022 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.


University Bancorp  (OTCPK:UNIB) 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.

University Bancorp's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=70.392/86.423
=0.81

University Bancorp's current Enterprise Value is $70.39 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. University Bancorp's Revenue for the trailing twelve months (TTM) ended in Dec. 2022 was $86.42 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.


University Bancorp Enterprise Value Related Terms

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University Bancorp (University Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2015 Washtenaw Avenue, Ann Arbor, MI, USA, 48104
University Bancorp Inc is a holding company of University Bank (the Bank). It is a full-service community bank, which offers all customary banking services, including the acceptance of checking, savings and time deposits. The bank also makes commercial, real estate, personal, home improvement, automotive and another installment, credit card, and consumer loans, and provides fee-based services such as foreign currency exchange. The company's customer base is primarily located in the Ann Arbor, Michigan metropolitan statistical area. Its segments include The Bank & Midwest (community banking & servicing), ULG (mortgage banking), and UIF (faith-based lending).
Executives
Nicholas K Fortson officer: CFO 959 MAIDEN LANE, ANN ARBOR MI 48105
Jove Corp other: Affiliate of majority owner 3220 COOLIDGE HWY, BERKLEY MI 48072
Joseph Lange Ranzini director, 10 percent owner 959 MAIDEN LANE, ANN ARBOR MI 48105
Stephen Lange Ranzini director, 10 percent owner, officer: President & CEO 959 MAIDEN LANE, ANN ARBOR MI 48105
Mildred Lange Ranzini 10 percent owner 43 SWEETWATER, BELLE MEAD NJ 08502