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CoreCivic (CoreCivic) Enterprise Value : $2,789 Mil (As of May. 07, 2024)


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What is CoreCivic 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, CoreCivic's Enterprise Value is $2,789 Mil. CoreCivic's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $169 Mil. Therefore, CoreCivic's EV-to-EBIT ratio for today is 16.52.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, CoreCivic's Enterprise Value is $2,789 Mil. CoreCivic's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $296 Mil. Therefore, CoreCivic's EV-to-EBITDA ratio for today is 9.42.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, CoreCivic's Enterprise Value is $2,789 Mil. CoreCivic's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,897 Mil. Therefore, CoreCivic's EV-to-Revenue ratio for today is 1.47.


CoreCivic Enterprise Value Historical Data

The historical data trend for CoreCivic'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.

CoreCivic Enterprise Value Chart

CoreCivic 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 4,031.54 2,658.75 2,586.78 2,566.90 2,723.50

CoreCivic 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 2,566.90 2,099.57 2,099.24 2,243.93 2,723.50

Competitive Comparison of CoreCivic's Enterprise Value

For the Security & Protection Services subindustry, CoreCivic'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.


CoreCivic's Enterprise Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CoreCivic's Enterprise Value distribution charts can be found below:

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



CoreCivic 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.

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

CoreCivic'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.


CoreCivic  (NYSE:CXW) 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.

CoreCivic's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2789.013/168.783
=16.52

CoreCivic's current Enterprise Value is $2,789 Mil.
CoreCivic'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 $169 Mil.

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

CoreCivic's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2789.013/296.099
=9.42

CoreCivic's current Enterprise Value is $2,789 Mil.
CoreCivic'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 $296 Mil.

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

CoreCivic's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2789.013/1896.635
=1.47

CoreCivic's current Enterprise Value is $2,789 Mil.
CoreCivic'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 $1,897 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.


CoreCivic Enterprise Value Related Terms

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CoreCivic (CoreCivic) Business Description

Traded in Other Exchanges
Address
5501 Virginia Way, Suite 110, Brentwood, TN, USA, 37027
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Safety segment operates roughly 50 facilities and owns majority of them. The Community segment owns and operates close to 30 residential reentry centers. The Properties segment owns approximately 15 properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the Safety segment. Its customers are federal, state, and local government agencies. Commercial contracts are typically 3-5 years long with multiple renewal options. CoreCivic operated as a Real Estate Investment Trust until January 2021 when it was reorganized as a taxable C Corporation.
Executives
Carter, Cole G. officer: SVP, General Counsel, Secretar 10 BURTON HILLS BLVD., NASHVILLE TN 37215
Anthony L Grande officer: Senior VP, Customer Relations CORRECTIONS CORPORATION OF AMERICA, 10 BURTON HILLS BOULEVARD, NASHVILLE TN 37215
Lucibeth Mayberry officer: SVP, Real Estate 10 BURTON HILLS BLVD, NASHVILLE TN 37215
David Garfinkle officer: Vice President, Finance
Prann John R Jr director
Patrick D. Swindle, officer: EVP, Chief Corrections Officer 10 BURTON HILLS BLVD., NASHVILLE TN 37215
Damon T Hininger officer: Senior VP, Customer Relations CORRECTIONS CORPORATION OF AMERICA, 10 BURTON HILLS BOULEVARD, NASHVILLE TN 37215
Thurgood Jr Marshall director 3000 K STREET N W, SUITE 300, WASHINGTON DC 20007-5116
Harley G. Lappin officer: Chief Corrections Officer 10 BURTON HILLS BLVD, NASHVILLE TN 37215
Mark A Emkes director 425 WINTER ROAD, DELAWARE OH 43015
David K Churchill officer: Chief Human Resources 10 BURTON HILLS BLVD, NASHVILLE TN 37215
Devin Ignatius Murphy director 104 MAIN STREET, SOUTHPORT CT 06890
Charles L Overby director
Kim White officer: SVP, Human Resources 10 BURTON HILLS BLVD, NASHVILLE TN 37215
C Michael Jacobi director C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762